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 PowerPoint

Proven track record of improving processes and controls