Work in the Recovery & Resolution Planning (RRP) team and help ensure that the firm and its material legal entities are prepared to respond to severe financial stress and support an orderly resolution if required. The team coordinates firmwide and legal-entity planning, develops and assesses recovery and resolution capabilities, supports regulatory submissions and engagement, and partners across Treasury, Finance, Risk, Legal, Operations, Technology and Lines of Business to address evolving regulatory expectations from our US regulators as well as local regulators including the Bank of England (BOE).
As an Associate within the Recovery & Resolution Planning team, you will deliver analysis and key components of the firm’s Recovery & Resolution agenda. Working across Treasury, Finance, Risk, Legal, Operations, Technology and the businesses, you will help interpret regulatory expectations, assess resolvability, enhance capabilities and prepare clear recommendations for senior stakeholders. You will get opportunity to build specialist Recovery & Resolution expertise while working on complex, cross-functional and strategically important matters. You will also gain exposure to senior stakeholders, evolving regulatory expectations and the practical capabilities required to support recovery and orderly resolution.
Job responsibilities
Deliver key components of Recovery & Resolution planning, including analysis, capability assessments, regulatory submissions and supporting documentation.
Support assessments against applicable regulatory requirements, including the Bank of England Resolvability Assessment Framework, and identify potential gaps, dependencies and opportunities for enhancement.
Develop subject-matter expertise across relevant Recovery & Resolution capabilities, which may include restructuring, valuation, liquidity and funding, capital, operational continuity and financial contracts.
Undertake qualitative and quantitative analysis to support Recovery & Resolution strategies and assess the credibility and operational readiness of capabilities.
Work with stakeholders across Treasury, Finance, Risk, Legal, Operations, Technology and the businesses to obtain, analyse and constructively challenge information supporting Recovery & Resolution deliverables.
Contribute to the enhancement of frameworks, methodologies, processes, controls and data capabilities, including opportunities to simplify or automate existing processes.
Support the interpretation of regulatory developments and assess their potential implications for the firm’s Recovery & Resolution capabilities and deliverables.
Prepare clear and concise analysis, presentations and recommendations for senior management, governance forums and regulatory engagement.
Support responses to regulatory requests, reviews and information requirements, ensuring outputs are accurate, consistent and delivered to the required standard.
Participate in testing, assurance and lessons-learned exercises to assess whether Recovery & Resolution capabilities can operate effectively under stress.
Maintain high-quality documentation and ensure that key assumptions, decisions, dependencies and actions are appropriately captured and tracked.
Required qualifications, capabilities and skills
Relevant Project Management Office experience in Recovery & Resolution, Treasury, Finance, Risk, prudential regulation, regulatory consulting or a related discipline.
Strong analytical and problem-solving skills, with the ability to work with complex financial, regulatory and operational information.
An understanding of, or a strong interest in developing expertise in, Recovery & Resolution and how regulatory requirements translate into practical capabilities.
Strong written and verbal communication skills, including the ability to summarize complex matters clearly and concisely for different audiences.
Ability to work effectively with stakeholders across multiple functions and levels of seniority.
Strong organizational skills, attention to detail and the ability to manage multiple deliverables within agreed timelines.
Proficiency in Microsoft PowerPoint and Excel, with the ability to analyze information and develop high-quality senior-management materials.
Preferred qualifications, capabilities and skills
Exposure to recovery planning, resolution planning, the Bank of England Resolvability Assessment Framework, prudential regulation, capital, liquidity, valuation, restructuring or financial contracts.
Experience within a large financial institution, regulatory authority or professional-services environment.
Experience interpreting regulatory requirements and translating them into practical business actions, analysis or deliverables.
Experience contributing to the development, enhancement or testing of Recovery & Resolution capabilities.
Experience with data analytics, Python, SQL, data visualisation or process automation would be advantageous but is not essential.
What success looks like
High-quality analysis and deliverables that are accurate, well-evidenced and suitable for senior-management or regulatory review.
Growing subject-matter expertise and the ability to connect regulatory expectations with practical firm capabilities.
Constructive relationships across functions, supported by clear communication, sound judgement and effective challenge.
Tangible improvements to the efficiency, consistency and operational credibility of Recovery & Resolution processes and capabilities.
About the opportunity
The role provides the opportunity to build specialist Recovery & Resolution expertise while working on complex, cross-functional and strategically important matters. The successful candidate will gain exposure to senior stakeholders, evolving regulatory expectations and the practical capabilities required to support recovery and orderly resolution.