As the Liquidity Product Area Associate in the EMEA Operations team within Treasury you will support the firm across the Liquidity Risk Infrastructure (LRI) and Structured Interest Rate Risk (SIRR) reporting.
You will have an opportunity for personal growth and contribution toward the team’s achievements as the industry is currently subject to a great deal of regulatory change and scrutiny. You will be able to collaborate with reporting stakeholders on the reporting control framework, reporting methodologies and policy updates. The Product Area Associate will understand EMEA regulatory reporting requirements including LCR, ALMM, NSFR, Asset Encumbrance & PRA110, proactively supporting the system improvements to ensure the completeness and accuracy of the data in those reports, and involvement in related regulatory reviews and assessments (ILAAP, L-SREP etc.).
Job Responsibilities:
- Supporting the Product Owner: Liaise with key stakeholders to ensure complete and accurate logging of Liquidity reporting changes driven by regulatory or internal change requirements. Support technology development by ensuring appropriate prioritisation of tasks, monitoring build progress and managing release testing and implementation.
- Operating Model and Controls: Monitor and ensure consistent and streamlined operating models and controls across the reporting locations. Periodically review team control processes, ensuring data accuracy and completeness, and providing management reporting,
- Stakeholder Management: Manage relationships across internal stakeholders including LOBs, Policy, Strategy and Risk. Includes ownership of regular touchpoints to review project progress and the support of ad-hoc requests. Compile metrics and present updates to senior management for review & escalation as required.
- Management of Regulatory Requests and Audit – Work with key stakeholders, internal and external auditors to ensure independent reviews and regulatory requests are given the necessary priority and managed in a timely fashion
- Process Improvement: enhance and redesign existing processes to increase efficiencies and reduce operational risk utilising intelligent automation solutions (including Alteryx, Tableau).
Required qualifications, capabilities & skills
- Relevant experience in the financial services industry, preferably within a regulatory reporting/change management role
- Bachelor degree required (Engineering, Finance or Business degree preferable)
- Proficiency in standard software applications (MS Excel, Powerpoint, Word etc.)
- Demonstrate excellent communication, partnership and influencing skills at all levels of management
- Time management, planning, and organizational skills, and ability to multitask, in order to coordinate a variety of different responsibilities and bring tasks to complete closure
- A control mindset and experience of working with/creating control processes
- A creative thinker with strong analytic and problem-solving skills
Preferred qualifications, capabilities & skills
- Accounting qualification preferred (ACA/ACCA/CIMA)
- A knowledge of, or interest in learning and applying automation packages (Xceptor, Alteryx, Tableau, etc.)
- Knowledge of Atlassian product suite (Confluence, JIRA etc.)
- Understanding of interest rate risk principals, funds transfer pricing, and regulatory liquidity reports