Actuarial Consulting – Retail Banking Director - London Job Details

PwC is seeking a Director level individual to lead and develop the Retail Banking offering that forms part of our broader banking competency within the Actuarial Insurance Management Solutions (AIMS) practice. The role will be based in our new office at More London Riverside. The AIMS practice comprises over 245 partners and staff and works in a friendly, positive and vibrant atmosphere, where people are encouraged to take responsibility at an early stage. We have exposure to a wide range of project situations (often working with specialists from other disciplines within PwC such as Transaction Services, Regulatory, Risk Advisory, Corporate Finance, Business Recovery/Restructuring, Forensics, Tax, Accounting and Internal Audit), clients and industries, as well as opportunities for secondments in the UK and overseas.

The AIMS practice has an unrivalled client base and breadth of projects. Our non-insurance clients include investment banks, retail banks, private equity houses, hedge funds, HM Treasury, primary care trusts, local authorities, multinational oil and gas companies, pharmaceuticals, manufacturers in light and heavy industries, telecoms companies, retailers and mining conglomerates.
Client assignments across the practice cover areas such as capital modelling (including credit risk modelling), model validation, valuation, risk quantification, risk frameworks and broader risk modelling, in particular developing and using quantitative approaches to help support decision-making processes.

Key aims for the role will be to manage the pipeline of Retail Banking work and develop new areas to grow the business. Principal accountabilities include:

• To develop new and existing client relationships, including through client handling as the main point of day-to-day contact on assignments.
• To be actively involved in the development of new work opportunities from both existing and new clients, including playing a pivotal role in client pitches and proposals.
• To lead or contribute to the development of new products/offerings and thought leadership.
• To manage and coach other team members and ensure the timely delivery of assignments.
• To actively raise personal profile internally and externally and enhance the firm’s reputation.
• To apply modelling skills and experience to a wide variety assignments in both the banking industry and outside financial services.
• To be proactive in contributing to and initiate research and development projects.
• To lead or contribute to the development and distribution of information or training programmes that enhance the department’s and clients’ understanding of key issues.
  
  

There are a variety of different day-to-day management and development opportunities, including providing counselling and development support to a team of talented analysts, actuaries and students.There are also opportunities to work with our teams in other areas of the UK and the US, Australia and Europe.

This role would suit a candidate currently in a senior management role within industry or consultancy who is looking to develop into a leadership position with scope to shape and develop the offering.

Essential skills:

• Extensive industry knowledge with a focus on quantitative disciplines within Retail banking.
• Strong existing relationships in the banking industry.
• Experience of leading large teams including proven ability to motivate and inspire teams and commitment to staff development.
• Commercial awareness with the ability and experience of working within a broader business environment.
• Good internal/external client handling skills, including relationship-building skills, and the ability to manage staff relationships with clients.
• Strong problem solving and logical reasoning skills.
• Excellent interpersonal skills, including inter-personal sensitivity and influencing skills.
• Strong oral, listening and written communication skills, especially communication of technical concepts to a non-technical audience.
• Strong quantitative, technical, problem identification and analytical skills.
• Strong project and financial management skills, particularly in prioritising effectively.
• Ability to deliver to budget and within timescales, flexible attitude and the ability to multi-task effectively.
• Strongly committed to both personal and corporate success.
  
  

• Experience of stakeholder management at senior levels within industry.
• Previous consulting experience in a related field
• Practical knowledge of credit risk, Basel II/III and other relevant subject matter.

Our people need to demonstrate a defined set of core skills and behaviours. We refer to these as our global core competencies. They're integral to who we are as a firm and form the basis of our people appraisal process. We will also assess you against them within our recruitment process to benchmark your own skills and behaviours. We recommend you visit the below web page to find out more about our global core competencies and to consider how your own experiences will align against them. This will help you through the recruitment process with us.
http://www.pwc.com/uk/en/careers/experienced/applying-to-pwc.jhtml