Assistant Manager/Manager, Recovery & Resolution Specialist, M&A

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Job description

Connect to your Industry

Deloitte's Recovery and Resolution team sits in M&A (part of the wider Strategy, Risk & Transactions Advisory) and is now seeking top talent with strong academic and professional backgrounds to join our growing team:

• One of the largest Recovery and Resolution Advisory teams in the UK, operating across EMEA and internationally, with access to unrivalled resource across our global financial services practice
• Highly experienced senior team with extensive experience in the financial services industry, comprised of a diverse set of individuals from financial institutions, regulators and the Big 4
• Significant relationships with major firms and regulators across the banking, insurance, asset and wealth management and Fintech sectors
• Market-leading offering which delivers quality, reliable and timely advice, and an exceptional track record of execution
• Strong and inclusive team culture with a commitment to help people reach their full potential

Connect to your career at Deloitte

Deloitte drives progress. Using our vast range of expertise, we help our clients' become leaders wherever they choose to compete. To do this, we invest in outstanding people. We build teams of future thinkers, with diverse talents and backgrounds, and empower them all to reach for and achieve more.

What brings us all together at Deloitte? It's how we approach the thousands of decisions we make every day. How we behave, our beliefs and our attitudes. In other words: our values. Whatever we do, wherever we are in the world, we lead the way, serve with integrity, take care of each other , foster inclusion, and collaborate for measurable impact. These five shared values lead every decision we make and action we take, guiding us to deliver impact how and where it matters most .

Connect to your opportunity

The Recovery and Resolution team provides specialised market-leading advice, supporting the stability of banks, insurers and capital markets, in BAU and throughout periods of financial stress, recovery, resolution and restructuring. The team works closely with colleagues across Deloitte to bring strategic solutions. We are currently looking for Manager and Assistant Managers to join the team.

As a member of the team, we will provide you with ongoing support to allow you to grow as a leading specialist in your field. For this role, we are looking for professionals with experience working in the banking and insurance industry and/or regulators and exposure to recovery and resolution regulatory regime being advantageous.

Responsibilities include:

• Undertaking specialist reviews of recovery and resolution planning including all key RAF barriers
• Assisting firms in preparing for and/or follow up actions arising from interactions with the BOE/PRA/SRB and other regulatory bodies on recovery and resolution, including but not limited to the RAF expectations for banks, Recovery and Resolution planning for insurers and related regulatory requirements
• Benchmarking firms' approach to recovery and resolution compared with peer/industry practice
• Collaborating with colleagues across the wider M&A practice to prepare firms for periods of distress, and providing guidance through these times
• Supporting on firms in distress and restructuring
• Working on a portfolio of client engagements simultaneously, managing internal and client senior stakeholders' expectations as well as developing junior members of the team

Connect to your skills and professional experience

Essential experience includes:

• Experience of successfully working in a strong team, within the banking, insurance or wider financial services sector
• Experienced of guiding and coaching junior talent through challenging situations and providing honest and constructive feedback
• An ability to deliver a high-quality service and manage a diverse range of clients simultaneously
• Able to build and foster trusted and lasting client relationships
• Strong communication and interpersonal skills
• Practical and/or regulatory experience in one or more of the following areas:
  • Assisting firms in preparing for and/or follow up arising from regulatory interactions on recovery and resolution
  • Hands on experience of dealing with firms in distress including in a restructuring role
  • Practical experience working with banks and insurance firms, demonstrating a clear understanding of business models, product offerings, challenges to the industry and financial/regulatory concepts
  • Experience of engaging with senior stakeholders at firms and/or regulators

Desirable experience/qualifications:

• A relevant professional qualification such as ACA, CFA

Connect to your business - Strategy, Risk & Transactions Advisory

In an ever-evolving world, there are no certainties in business. Our teams help clients to navigate risks, process major transactions and deliver transformational change that will future-proof their business. Join us to make a positive difference.

Mergers and Acquisitions

We challenge dealmakers to expect more and to see beyond the deal to create sustainable value for shareholders, employees and society. We support corporates, private equity and financial investors across the full M&A lifecycle and are committed to identifying and delivering sustainable value at every stage of the deal.

Personal independence

Regulation and controls are standard practice in our industry and Deloitte is no exception. These controls provide important legal protection for both you and the firm. We are subject to a number of audit regulations, one of which requires that certain colleagues abide by specific personal independence constraints (e.g., in relation to any financial interests and employment relationships). This can mean that you and your "Immediate Family Members" are not permitted to hold certain financial interests (shares, funds, bonds etc.) with audit clients of the firm, and also prohibitions on certain employment relationships (e.g., you are not permitted to hold a secondary employment role with SEC audit clients of the firm whilst being employed by the firm). The recruitment team will provide further detail as you progress through the recruitment process or you can contact the Independence team upon request.

Connect with your colleagues

"Deloitte gives you lots of opportunities to hone your skills and an open-door approach from the senior leadership makes it a great organisation to build your career with." - Aditya, Strategy, Risk & Transactions Advisory

Our hybrid working policy

You'll be based in London with hybrid working.

At Deloitte we understand the importance of balancing your career alongside your home life. That's why we'll support you to work flexibly through our hybrid working policy. Depending on the requirements of your role, you'll have the opportunity to work in your local office, virtual collaboration spaces, client sites and remotely. You'll get the chance to meet face to face when needed, while you collaborate and learn from colleagues, share your experiences, and build the relationships that will fuel your career and prioritise your wellbeing. Please check with your recruiter for the specific working requirements that may apply for your role.

Our commitment to you

Making an impact is more than just what we do: it's why we're here. So we work hard to create an environment where you can experience a purpose you believe in, the freedom to be you, and the capacity to go further than ever before.

We want you. The true you. Your own strengths, perspective and personality. So we're nurturing a culture where everyone belongs, feels supported and heard, and is empowered to make a valuable, personal contribution. You can be sure we'll take your wellbeing seriously, too. Because it's only when you're comfortable and at your best that you can make the kind of impact you, and we, live for.

Your expertise is our capability, so we'll make sure it never stops growing. Whether it's from the complex work you do, or the people you collaborate with, you'll learn every day. Through world-class development, you'll gain invaluable technical and personal skills. Whatever your level, you'll learn how to lead.

Connect to your next step

A career at Deloitte is an opportunity to develop in any direction you choose. Join us and you'll experience a purpose you can believe in and an impact you can see. You'll be free to bring your true self to work every day. And you'll never stop growing, whatever your level.

Discover more reasons to connect with us, our people and purpose-driven culture at deloitte.co.uk/careers

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