Regulatory Associate Who we are: PwC Services Portugal (PSP) is a joint venture between PwC Luxembourg and PwC Portugal, serving as an integral extension of PwC Luxembourg. Our growing team operates as an acceleration center supporting PwC Luxembourg’s clients. Leveraging a unique pool of talented professionals based in Matosinhos, our operating model ensures scalability, consistency, and quality in service delivery by integrating seamlessly into PwC Luxembourg’s operations and addressing talent attraction challenges sustainably. PSP provides a range of services, including Assurance Audit (spanning all industries, with a particular focus on Real Estate and Private Equity), Broader Assurance Services, Tax (including Managed Services, Corporate Tax, VAT, and Accounting), and Advisory (specializing in the Global Fund Industry and Real Estate Valuation). For this opportunity, your CV must be submitted in English. About the Role: Our Regulatory team supports multiple institutions in Luxembourg and abroad to understand, interpret, and implement complex European and local regulations. Our mission is to help our clients remain compliant, enhance their governance, and strengthen their operational resilience. You will join a multidisciplinary team of experts advising a wide range of Luxembourg market players (Banks, Asset Manager, Investment Firms…) ensuring they meet supervisory expectations while maintaining efficient and sustainable business models. Key Responsibilities: As a junior regulatory associate, you will contribute to engagements covering a variety of regulatory topics. Your responsibilities will include: Analyse and interpret regulatory frameworks (CRR/CRD, Basel III/IV, EBA Guidelines, CSSF Circulars, ECB expectations, AML/ CTF, etc.). Support clients in the implementation of new regulatory requirements and the adaptation of their internal policies, procedures, and governance structures. Contribute to regulatory transformation projects such as regulatory gap analysis, DORA, ESG integration, ICAAP/ILAAP reviews, or internal control enhancement. Participate in drafting regulatory documentation (risk management policies, internal governance frameworks, and process description, etc.). Conduct regulatory research, benchmarking and impact assessments on upcoming regulations developments. Assist in monitoring regulatory updates and preparing internal briefings or regulatory watch notes. Collaborate with multidisciplinary teams (risk, finance, IT, sustainability, reporting) to deliver comprehensive solutions. Prepare client deliverables, presentations, and technical summaries. Build trusted relationships with clients and internal stakeholders across PwC network. Required Skills and Qualifications: A Master’s degree in Finance, Banking, Economics, Business Law, or a related field. Maximum 1–2 years of relevant experience (including internships) within a bank, consulting firm, or regulatory body, ideally in regulatory advisory, risk management, compliance, prudential reporting, or internal audit. A good understanding of European and Luxembourg regulation (CRR/CRD, Basel, ECB and CSSF Circulars). Strong analytical and problem-solving skills, with attention to detail. The ability to manage several topics simultaneously and meet deadlines. Excellent interpersonal and communication skills. Full proficiency in English; knowledge of French and/or German is a strong asset. A genuine interest in regulation, supervision, and the evolving landscape of the financial industry.