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Promontory – Regulatory Consultant


Introduction Promontory Financial Group, a business unit of IBM Consulting, is a global consultancy focused on serving the financial services industry. We operate at the intersection of strategy,


Promontory Financial Group, a business unit of IBM Consulting, is a global consultancy focused on serving the financial services industry. We operate at the intersection of strategy, , regulation, and technology to help our clients achieve their business goals through designing and imementing strategic initiatives, performing key functions, and managing regulatory, operational, and financial s. Our 800+ experts acrs our global offices comprise former industry practitioners and former regulators who provide strategic advice related to regulatory challenges that is practical, creative, and tailored to meet the unique and changing needs of individual institutions.

The Wholesale Banking & Capital Markets practice is part of Promontory’s wider UK & Ireland business. Our supports corporate and investment banks, trading and brokerage firms, asset managers, market infrastructure firms and other firms operating within the wholesale sector. We work clely with boards of directors, senior , business-line leaders, and comiance and professionals to help improve functions and business results, and advise them on comex and unique challenges.

Our work focuses on many areas that fall within regulatory scrutiny within the wholesale segment of the financial services industry. Some of the recent topics we have focused on include:

  • Operating Models for and Comiance Functions
  • Comiance Efficiency and Effectiveness
  • Market Conduct Comiance (e.g., MiFID II/MiFIR, MAR)
  • OTC Derivatives Regulation (e.g., EMIR, Dodd-Frank Title VII)
  • Enterprise-Wide
  • Conduct and Culture Programs
  • Regulatory

We also deliver Skilled Person Reviews for the Financial Conduct Authority and Prudential Regulation Authority, and support individuals in preparing for approvals under the Senior Managers and Certification Regime.

Your Role and Responsibilities

Within your role as an Associate at Promontory you will:

  • Assist in drafting, revising and presenting client deliverables—including reports, correspondence, presentations, and written tools such as policies and templates.
  • Lead a team of analysts to complete elements of client projects and assignments across multiple workstreams.
  • Support senior stakeholders on larger client projects as and when required.
  • Participate in client meetings, such as interviews or presentations, which often include senior executives or directors of the client.
  • Play a hands-on role in business development, collaborating closely with our colleagues within the wider IBM firm, by helping to undertake research on specific clients and regulations, drafting proposals for clients, developing marketing materials to support our campaigns, and participating in meetings with current or potential clients.
  • Take an active role in knowledge sharing, thought leadership and practice development to ensure the practice remains abreast of emerging trends and business opportunities.
  • Support the wider practice in developing client relationships through external networking and contributing to knowledge sharing events.

Required Technical and Professional Expertise

  • Prior experience working in a Compliance and/or advisory role, ideally within the Wholesale sector.
  • Strong working knowledge of the UK regulatory regime as it applies to the Wholesale sector, particularly the FCA handbook and/or European Regulations such as MiFID II, SFTR and MAR.
  • Good understanding of specific focus areas for regulators such as governance and controls, conduct risk, transaction reporting and market abuse.
  • Excellent writing skills with the ability to construct well-founded, clear, and concise analyses and recommendations.
  • Highly motivated, with a proven ability to work on own initiative within a fast-paced, high pressure work environment.
  • Strong multi-tasker that can balance client delivery with business development activities.
  • Ability to handle complex information and solve problems.
  • Aptitude to execute engagement deliverables autonomously, work within a team and manage small teams.
  • Effective communication skills and ability to develop strong relationships at all levels within an organisation.
  • Strong skills in word, excel and PowerPoint.

Preferred Technical and Professional Expertise

  • Basic level of product knowledge relevant to the Wholesale sector.
  • Broader understanding of other financial services sectors such as Retail Banking and Insurance.
  • Some knowledge of other regulatory topics, such as the Senior Managers Regime, Operational Resilience and Financial crime.
  • A relevant Regulatory or Compliance qualification (for example International Compliance Association certificate and/or diploma).

About Business Unit

Promontory Financial Group was founded in 2001 by former Comptroller of the Currency Eugene Ludwig. The of former regulators and business leaders came together to help financial services companies resolve the challenges arising from comiance, regulation, and changing market conditions in a highly regulated environment. Headquartered in Washington, D.C., Promontory rapidly expanded to meet the needs of a growing national and global client base of financial and non-financial institutions alike. The New York office ed in 2003, followed by San Francisco and Tokyo in 2004. Promontory became a wholly owned business unit of IBM Consulting in 2016. ease visit to find out more about us.

Today, Promontory is a global firm with offices around the world. We excel at helping clients solve their mt difficult, technically comex, and sensitive challenges, leveraging the strength of our experts and scalable workforce, and IBM’s cutting-edge technology.

Your Life @ IBM

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Location Statement

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