Regulatory Reporting Controller Manager

Our client, a major International Bank, is looking for a Regulatory Reporting expert to join their Reg Reporting team on a senior level. The role provides a great opportunity to deepen your knowledge of financial products, prudential regulation and your ability to support and improve processes that are high profile across local management and regulators.

Scope and impact:

• Helping overseeing the UK and French capital calculations and reporting. The team carries out all of the standardised RWA calculations and reporting across UK and France. The work of the team on this includes SA-CCR, and FRTB reporting in France.
• Daily capital calculations/analysis - Review daily RWA calculations to be incorporated in the daily capital adequacy status sent out to senior managers.
• External Regulatory Reporting and Disclosures - Produce the quarterly returns including manual adjustments, reconciliations, period on period variance analysis and presenting these results to management
• Rules changes - Involved in implementation of rule changes/updates for capital requirements and external reporting e.g. upcoming implementation of CRR3.
• Business Partnering - Working on a constant basis with Front Office and other groups on capital management on the existing trade portfolio and assessing impact of new products and strategies and helping them with RWA efficiency work
• Stakeholder interaction - Deal with ad-hoc requests from external regulators and partnering and internal stakeholders such as Risk, Internal Audit and Compliance
• Process improvement - Participate in assignments to identify and implement improvements to the process and control framework within which the group operates
• System development (BAU) - Initiation of technology change to support changing rules, and our continuing process to improve efficiency and controls. Review of business requirements, help with data sourcing and carry out UAT and post deployment testing
• System development (Strategic) - As a user help to define data/ calculation/reporting requirements for an in-flight infrastructure project

The Team:

The team is made up of 19 members in the London office and 18 members offshore.

Experience required:

• Qualified Accountant, CFA or equivalent or a relevant degree or experience
• Control focused mentality
• Good level of Excel proficiency
• Keen interest in developing an understanding of the regulatory framework and rules
• Existing knowledge of regulatory reporting, risk management or financial products

Inventum Group is acting as an Employment Agency in relation to this vacancy.