BRS - Financial Services Operational Restructuring: Senior Associate

About the team Our Business Restructuring Services (BRS) practice is currently the largest restructuring practice in the UK operating from 23 offices. Within BRS, our Operational Restructuring practitioners work alongside Senior Executives to drive operational change at pace whether it be to reduce cost as a means of protecting margins, responding to a crisis or to realise the value of a deal or transaction. We develop and implement realistic and pragmatic plans by applying restructuring and stakeholder management skills, functional knowledge, and proprietary assets and tools to support Executives in making difficult decisions and driving through change in a short timeframe. About the role Financial institutions are under significant pressure to make wholesale changes to their businesses and operating models as a result of the macro-economic and geopolitical landscape,increasing competition and ongoing revenue pressures. We are expanding our FS team to support the increasing demand from our clients across Banking and Capital Markets, Insurance and Asset Management to transform their operations. As well as working with a wide range of clients, you will also work with leading practitioners across the Deals, Strategy & and Consulting practice within the Firm. As a Senior Associate in the team, you will be part of the team responsible for helping with shaping the strategy and supporting with the implementation and rapid change delivery for our clients. Your responsibilities will include: Bringing sector expertise and a demonstrable understanding of the challenges facing our FS clients to offer insights and value to transformation programmes. Assimilating complex information to identify opportunities for efficiencies and proposing innovative solutions to client problems. Undertaking market and client analysis (including peer benchmarking) to understand the clients’ commercial challenge and translating this into operational implications. Using a broad range of tools and techniques to extract insights from current industry. Supporting with the development of implementation plan and strategy for clients. Supporting with the preparation of presentations and/or reports to key stakeholders (e.g. Board, senior management). Developing, managing and sustaining strong client relationships with clients and within the Firm. Supporting with the management of project economics and overall programme governance. You will also be expected to actively contribute to the development of our team by: Supporting with marketing and business development initiatives (both internally and externally) to continuously develop our position in the market. Supporting peers and teams members, demonstrating care for their well being. Essential Skills and Experience We are looking for candidates with the experience of supporting clients throughout the operational transformation lifecycle from strategic opportunity assessment and planning through to supporting the delivery of specific initiatives. Given the multi-disciplinary nature of the work, these candidates will have experience either in industry or advisory or ideally both and have the following capabilities: Both financial and operational quantitative analytics with an understanding of the business and operating models for financial institutions. Experience of delivering operational change and transformation programme. An understanding of the regulatory environment in financial services and the impacts on the operations. Experience of working with multiple stakeholders and diverse teams. Ability to manage ambiguity or conflicting priorities. High impact communication in the written and verbal form with extensive experience of development of power point presentations to synthesise analysis and communicate key conclusions. Evidence of collaborating of sharing ideas and knowledge. Ability to leverage technology enabled and digital tools to achieve efficient delivery for our clients. The role is based in London, but requires flexibility to travel throughout the UK, with the potential to travel overseas, depending on client requirements. With an increasingly agile workforce, we embrace smarter working where appropriate and have many successful arrangements currently in place. Deals Our Deals business is an exciting, fast-paced and an ever-growing business that focuses on deals and crisis situations for our clients. Collectively, we deal with the types of situations you hear about regularly in the news and we provide support, insight and analysis to the management, shareholders and financiers of business. Not the role for you? Did you know PwC offer flexible contract arrangements as well as contingent work ( ie temporary or day rate contracting)? The skills we look for in future employees All our people need to demonstrate the skills and behaviours that support us in delivering our business strategy. This is important to the work we do for our business, and our clients. These skills and behaviours make up our global leadership framework, ‘The PwC Professional’ and are made up of five core attributes; whole leadership, technical capabilities, business acumen, global acumen and relationships. Learn more here www.pwc.com/uk/careers/experienced/apply Diversity We work in a changing world which offers great opportunities for people with diverse backgrounds and experiences. We seek to attract and employ the best people from the widest talent pool, as well as those who reflect the diverse nature of our society. And we aim to encourage a culture where people can be themselves and be valued for their strengths. Creating value through diversity is what makes us strong as a business and as an organisation with an increasingly agile workforce, we're open to flexible working arrangements where appropriate. Learn more here www.pwc.com/uk/diversity