DescriptionUK 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 serviceorientated 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
- Coordinates/ 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 firms 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 selfstarting individual with high levels of ownership
- Proficiency in Microsoft Office Excel Access Outlook Word and PowerPoint
Proven track record of improving processes and controls