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Regulatory Reporting

Wintermann Search & Selection Limited
Posted 8 hours ago, valid for 8 days
Location

London, Greater London EC2V7NQ, England

Salary

£60,000 - £72,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • An International Bank is seeking to hire an Assistant Manager for their Regulatory Reporting department on a Fixed Term Contract for 6 months, with the possibility of extension for an additional 2-3 months.
  • The role involves preparing and monitoring the Liquidity Coverage Ratio (LCR) and stress tests, as well as preparing and reviewing COREP returns and other regulatory reports for timely submission.
  • Candidates must have a Bachelor’s degree, be a full or part qualified accountant, and possess proven experience in regulatory reporting within the banking or financial services industry.
  • The position offers a salary of approximately $70,000 per year and requires at least 3 years of relevant experience in regulatory reporting and liquidity risk management.
  • Strong collaboration skills and proficiency in regulatory reporting software are essential for this role, along with excellent attention to detail and the ability to meet strict deadlines.

My client is an International Bank. They are looking to hire an Assistant Manager for their Regulatory Reporting department.

This is a Fixed Term Contract for 6 months - may be extended another 2-3 months as per requiremens.

Key Responsibilities:

  • Preparation and Monitoring of LCR and Stress Tests: Ensure the bank's Liquidity Coverage Ratio (LCR) and stress test results are prepared and monitored daily to maintain regulatory compliance.
  • Preparation/Review of Regulatory Returns: Prepare and review COREP returns, PRA110, FSA017, liquidity reports (including ALMM and LCR DA), ensuring timely submission to the regulatory bodies.
  • Collaboration for Automation: Work closely with the regulatory reporting software and IT teams to automate and improve the efficiency of regulatory reporting processes.
  • Management Information (MI) Reporting: Prepare and submit relevant MI to senior management, ensuring they are informed of the latest regulatory developments and bank performance.
  • Reporting to Regulatory Bodies: Ensure timely and accurate submission of regulatory reports to the Reserve Bank of India (RBI) on a daily, monthly, and quarterly basis.
  • Ad-hoc Duties: Assist the department with additional tasks and projects as required to support overall objectives

Requirement:

  • Bachelor’s degree
  • Full or part qualified accountant
  • Prudential Regulatory reporting experience

Experience:

  • Proven experience in regulatory reporting within the banking or financial services industry.
  • Strong knowledge of liquidity risk management, including LCR and stress testing.
  • Experience with COREP returns, PRA110, and other regulatory reports (ALMM, FSA017).
  • Proficiency in working with regulatory reporting software and an understanding of automation processes.
  • Excellent attention to detail and ability to meet strict deadlines.
  • Strong collaboration skills, particularly in working with IT and management teams

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.