UK Regulatory Finance is a high profile function, providing financial information to the Prudential Regulation Authority (“PRA”), Financial Conduct Authority (“FCA”) and the Bank of England. This is a service-orientated business comprised of specialized individuals with knowledge and expertise in understanding, managing and delivering financial information to our regulators.
As a Regulatory Risk Reporting – Lead within UK Regulatory Finance Team, you will have the opportunity to add value and improve efficiency, quality, and controls. We are a team that is supported by change and policy functions, constantly adapting to meet the developing demands of our regulators and business. In this role, you will be a managing team of 7 professionals managing and delivering financial information to our regulators.
Job responsibilities
Co-ordinates/ project manage the quarterly COREP reporting suite for regulated entities including all the COREP Market Risk returns (C18 to C24). Analyzes ongoing market risk RWA for optimization and commentaries for internal monitoring and MI Packs to various forums. Focuses on control environment and monitoring, driving process efficiency Supports and deliver strategic projects to improve and broaden the regulatory reporting infrastructure Provides support for ad hoc queries/reports when required by management, auditors or regulators. Partners with Regulatory Policy in the interpretation of regulatory rules for Market Risk Partners with other Finance areas to ensure adherence to the firm’s regulatory obligations (e.g. ICAAP, 10Q reporting)Required qualifications, capabilities, and skills
Previous experience with regulatory rules and reporting requirements (COREP/ IFPR) Degree qualification and either accountancy qualification or qualification by experience within Financial Services industry Working knowledge of investment banking products including derivatives / financing transactions Working knowledge of banking products (Repurchase agreements, securities, derivatives, deposits, loans, credit facilities) Strong interpersonal and leadership skills Ability to critically review and challenge numbers / strong analytical skills Flexibility to work under pressure to meet changing work requirements and strict deadlines Proactive and self-starting individual with high levels of ownership Proficiency in Microsoft Office – Excel, Access, Outlook, Word and PowerPointProven track record of improving processes and controls