Associate Director Regulatory Reporting recruitment
Exciting and high profile opportunity to join a leading Global Banking Group, within their Group Regulatory reporting team at Associate Director level. The role allows the candidate high visibility in an add value role, in an area that is a crucial and highly sought after skill set in the current market. It offers exposure to the business and key stakeholders. They are seeking top talent to progress within this prestigious organization, with lots of scope for promotion and internal progression.
This is a key role to build up FSA regulatory knowledge in Group Finance. The successful candidate would be part of strategy to develop a very strong management layer within the FSA team, producing group prudential returns for the FSA, focusing on RWA data, monitoring compliance with prudential requirements and limit and developing a change strategy for the Regulatory area - in addition to production tasks, taking responsibility for system and process improvements for the team.
Responsibilities include:
· Co-ordinate resources from other areas of the Group, plan and manage the timetable of data collection, consolidation and review to ensure that FSA deadlines are met - failure to comply would result. in a public fine with consequent reputational damage.
· Produce Capital Adequacy and related returns together with supporting analytical material as agreed. There is a strong focus on quality and a need to work to tight deadlines.
· Produce Capital Adequacy information to be included in Results Announcement and Annual Report.
· Review and challenge data, generate and follow up on queries.
· Source exposure information for inclusion in Large Exposures Reporting and manage completion of the return.
· Development of Regulatory department change strategy - reviewing future rule changes to determine impact on regulatory reporting.
· Liaise closely with senior management and regulatory policy to determine department strategy.
· Completion of projects to ensure that changes resulting from the regulatory changes are correctly implemented.
· Provide business input and conduct User Acceptance Testing for all relevant regulatory aspects of SAP/SAS systems. This will include functional specifications and change requests.
· Change processes as Business and Supervisory requirements evolve; maintain process maps and procedures manual in accordance with BIA and Group Controls/Compliance requirements.
· Maintain relevant documentation for Sarbanes Oxley process.
The ideal candidate would be from within Banking/Financial Services. Qualified ACA/CIMA/ACCA or equivalent with relevant post qualification experience in a similar sized regulatory department, with emphasis on the capital demand side.
Any further questions, please email Sophia.sabet@markssattin.com mailto:Sophia.sabet@markssattin.com 02077479773
We regret that due to the high volume of applications we are only able to contact suitable candidates.