Regulatory Reporting Specialist recruitment

Job Purpose:

- This role sits within the Capital Supply team and is a key element of the wider Regulatory Reporting team. It manages the capital adequacy and large exposures reporting process as well as balance sheet and income statement FSA reporting.
- An opportunity has arisen for an individual to manage the existing Capital Supply team. This team is comprised of 4 Managers with varying levels of experience.
- Key stakeholders within this role include Treasury, Risk and Financial Reporting as well as business financial and regulatory teams.
- Key output is to produce components of the prudential returns for the FSA, monitoring compliance with prudential requirements and limits. To facilitate the best use of capital capacity by sharing knowledge with other parts of the Bank.
- The successful applicant will bring experience of working in a FSA regulatory reporting team with a track record demonstrating understanding of the requirements and experience of managing a team.

Key Responsibilities:

Reporting
- Assist with co-ordinating resources from other areas of the Bank, planning and managing 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 Regulatory returns (focusing on Capital Reporting, Large Exposures, Balance Sheet and Profit Loss Reporting) together with supporting analytical material as agreed. There is a strong focus on quality and a need to work to tight deadlines.
- Aid with production of Capital Adequacy information to be included in Results Announcement and Annual Report
- Review and challenge data, generate and follow up on queries.
- Produce supporting schedules to facilitate the management review process

Systems and Process
- Provide assistance to businesses with systems issues and change requests for all relevant aspects of Hyperion.
- Maintain and develop models that generate the FSA Returns. This will include ensuring that policy on model risk and use of large complex spreadsheets are followed.
- Change processes as Business and Supervisory requirements evolve, maintain process maps and procedures manual
- Maintain relevant documentation for Sarbanes Oxley process.
- Provide support to Capital Demand team on Hyperion queries and development of any models required.

Requirements:

- Speaks and writes clearly and concisely – keeps to the point
- Expresses thoughts and ideas in a structured and logical way
- Listens actively
- Builds strong internal and external relationships
- Demonstrates and demands personal commitment to team goals
- Personally recognises effort and success
- Open to new members, other teams and shared, wider team goals
- Treats others with courtesy and understanding; remains friendly and approachable
- Has strong core technical / systems knowledge
- Track record of managing a team within a regulatory reporting environment
- Understanding of the FSA regime covering capital adequacy and large exposures
- Has the relevant qualifications or professional accreditation
- Understands legal and company regulations and standards
- Keeps up to date with professional developments
- Shows broad business knowledge and business literacy
- Spots patterns in data, and recognises reasons and implications
- Seeks ideas from a range of stakeholders
- Anticipates potential barriers and objections in advance
- Meets quality, speed and cost standards, even in times of change
- Challenges previously acceptable standards
- Regularly check standards and correct errors