The QA function forms part of the Controls team. Candidates should have broad experience of working in regulatory reporting, preferably in a policy or consultancy function. The successful candidate will have the following responsibilities:
- Identify relevant regulatory guidance for a particular disclosure and form their own interpretation of compliance, including challenging internal policy where necessary
- Review business requirements for compliance against relevant regulation and substantive testing of those requirements to ensure implementation is correct
- Review of existing framework, including manual adjustments and processes and procedures
- Focus on control environment and monitoring / driving process efficiency, including challenge of operating model
- Test data quality and population control, leveraging firm-wide processes and developing reconciliations
- Manual calculation of the impact of findings on the own funds requirement or disclosures
- Writing detailed reports for senior management of findings, including background into the requirements and recommendations on resolution
- Developing network and acting as key contact within the Reg team for other areas of Finance and the Business
Personal skills:
- Strong interpersonal and team working skills
- Focussed on execution skills and the ability to deliver results even through challenges
- Ability to critically review and challenge numbers / strong analytical skills
- Flexibility to work under pressure to meet changing work requirements and strict deadlines
- Ability to communicate effectively
Experience:
- Familiarity with current regulatory rules (CRD4) and reporting requirements (COREP)
- Proficiency in Microsoft Office – Excel, Outlook, Word and PowerPoint
- Experience using Alteryx preferred but not essential
- Degree qualification and either accountancy qualification or qualification by experience within Financial Services industry
- Good understanding of investment banking products including derivatives / financing transactions
- Knowledge of banking products (deposits, loans, credit facilities)
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