Swiss Regulatory Reporting Expert FiRE

This role combines Swiss prudential regulation expertise with handson ownership of the FiRE legal reporting platform and business analysis skills to translate regulation into technical requirements. 

As a Swiss Regulatory Reporting Expert you will be responsible for ensuring full and timely compliance with Swiss and Liechtenstein regulatory reporting requirements (SNB FINMA FMA Basel IV liquidity large exposures etc.) through the effective use configuration and enhancement of the FiRE reporting tool.

Your key tasks

• Own the endtoend regulatory reporting process in FiRE for SNB statistics Basel IV capital liquidity ratios large exposures market and country risk ensuring accuracy completeness and timely submission to the competent authorities
• Interpret regulatory texts (FINMA circulars SNB guidelines Basel standards) and translate them into clear business rules data mappings and technical specifications for implementation in FiRE and upstream systems
• Monitor regulatory developments affecting Swiss and crossborder reporting and assess their impact on existing FiRE configurations reporting logic and data requirements; drive or coordinate corresponding change initiatives

       FiRE ownership and technical duties

• Configure and maintain FiRE (interfaces and client configuration) in close cooperation with IT and the software provider to reflect current legal requirements and bankspecific needs
• Define document and prioritise detailed functional and technical requirements for changes to FiRE and upstream data sources based on regulatory interpretation and operational constraints
• Perform and coordinate functional testing (SIT/UAT) for new FiRE releases and regulatory changes including nonregression tests reconciliation checks and defect management until production signoff

       Governance controls and stakeholders

• Design and operate data quality and control frameworks around FiRE (validation checks reconciliations with general ledger and risk systems signoff workflows) and document procedures in line with internal policies and audit expectations
• Act as primary point of contact for internal stakeholders (Finance Risk IT Front Office Compliance Legal) on Swiss regulatory reporting topics and for external stakeholders (FINMA SNB auditors) regarding FiREgenerated reports

Qualifications :

• University degree in Finance Economics Law or a related field with 35 years of experience in banking regulatory reporting or prudential regulation ideally in the Swiss market
• Indepth knowledge of Swiss prudential and statistical reporting requirements (SNB FINMA Basel IV liquidity large exposures) and proven ability to interpret and operationalise regulatory texts
• Handson experience with regulatory reporting tools preferably FiRE (or similar solutions) including configuration data mapping and testing; strong understanding of banking products (loans securities derivatives offbalancesheet items)
• Strong analytical and conceptual skills with high attention to detail and data quality and the ability to challenge inconsistencies across systems and reports
• Excellent communication skills capable of drafting clear technical specifications and documentation and of bridging regulatory business and IT perspectives
• Teamoriented proactive and autonomous working style with the ability to manage multiple priorities and deadlines
• Fluency in English plus German or French is preferred for roles in the Swiss banking sector

Additional Information :

We realize that managing work life balance is a challenge we all face in our daily lives and in order to support with this we are pleased to offer hybrid and flexible working for most of our Avaloqers to maintain work life balance and still continue our fantastic Avaloq culture in our global offices. 

In Avaloq we are proud to embrace diversity and understand the success of our business is built on the power of different opinions we are whole heartedly committed to fostering an equal opportunity environment and inclusive culture where you can be your true authentic self. 

We hire compensate and promote regardless of origin age gender identity sexual orientation or any other fantastic traits that make us all unique we have done our best to write this advert in an inclusive and neutral way. 

Please be aware that we will not accept speculative CV submissions for any of our roles from recruitment agencies and any unsolicited candidate submissions will be exempt from any payment expectations.  

#LI-Hybrid

Remote Work :

No

Employment Type :

Full-time