Pra Senior Advisor

Role: PRA Senior Advisor

Location: London

Contracting Authority: Finance

Salary: £1260 per day/Part Time 2/3 days

Contract: 3 years

Clearance: SC Clearance

An exciting opportunity has become available with our prestigious client who is a prominent financial department. The client is seeking an experienced PRA Senior Advisor to join their welcoming team.

The PRA Senior Advisor Role:

• The PRA is seeking to appoint a Senior Advisor with deep expertise on competition and competitiveness issues affecting UK banks and insurers, and with expertise about how these issues relate to the drivers of economic growth.

• Drawing on their own external networks and experience, the Senior Advisor will support policy and supervision colleagues across the PRA, providing independent advice and challenge to help the PRA assess topics that impact on competition, competitiveness, and growth. This will include providing advice and guidance to PRA senior executives and the CQI team on key challenges which firms are facing, working closely with colleagues who are developing policy, undertaking research, or supervising on matters where the secondary objectives are engaged.

• The Senior Advisor will be expected to build and maintain key external relationships, including relevant stakeholders in industry, other international regulators and academics working on the topic.

• Advise, support, and challenge PRA staff in assessing the impact of its policies on competition in markets operated by PRA-regulated firms, and on the international competitiveness and growth of the UK economy

• Engage collaboratively with the PRA’s CQI Team to support staff in their impact assessments of policies under consideration on the PRA’s secondary objectives

• Digest and synthesise information quickly, think critically to reach reasoned and robust conclusions, and communicate effectively

• Be independent-minded and contribute constructively to well-informed debate on how to help advance the PRA’s objectives

• Help influence and shape strategies and outcomes to deliver the PRA’s secondary objectives by advising the PRA’s senior decision-making bodies and developing good working relationships with the PRA’s senior leadership and staff

What the PRA Senior Advisor Will Need:

• Strong understanding of economics/practical application of regulation including competition regulation, and the impact of regulation on economic activity

• Familiarity with the workings of financial services and markets and competition policy

• Extensive experience of advising on competition issues at senior executive and/or board level

• Understanding of the PRA’s objectives, its regulatory and supervisory approach, and the ability to help assess the interlinkages between prudential regulation, competition, economic growth and international competitiveness

• Familiarity with the concepts and framework relating to capital / risk / financial reporting issues as set out by the PRA, the Bank of England and Financial Conduct Authority

• A strong external network and profile of using economic expertise at a very senior level in academia, a commercial setting or a policymaking environment

Minorities, women, LGBTQ+ candidates, and individuals with disabilities are encouraged to apply.

Interviews will take place this and next week, so please apply immediately to be considered for this exciting contract role or call Bangura Solutions to discuss this role further