Senior Manager - Regulatory Reporting - CA

Role - Senior Manager Regulatory ReportingPurpose of the Role -

This role is within the Regulatory Financial Reporting team that require additional support to:

• Enhance and improve processes and remediate known issues identified during the BAU process impacting FINREP, GSIB Phase III, Country Exposure and Pillar3 reporting for Group.

• Ensure minimum control requirements are documented, performed and sufficient evidence collated.

• Improve and automate processes and controls to create a long-term sustainable process.

Job Responsibilities

The primary focus of the role holder will be to support BAU process in the remediation of issues in Regulatory Financial Reporting including:

• Develop a deep understanding/subject matter expertise in various verticals across the regulatory financial reporting landscape (for PRA).

• Participate in targeted reviews and deep dives - detailed review linked to robust risk-based criteria (e.g. review of site returns, testing of calculation compliance), including interpretation of key policies and understanding of operational implementation.

• Deliver accurate, complete and timely outputs (including external reporting and internal MI) for the BAU process.

• Understand and document outstanding risks/issues in relation to remediation progress made - develop understanding of impact on outstanding remediation issues and ensure within risk appetite.

• Work closely with strategic change programmes (Integrity of Regulatory Reporting) as well as the Controls Office team, ensuring all issues are appropriately flagged and logged in Helios.

Accountabilities for Business, Customers and Stakeholders

• Manage delivery of the Group's PRA, EBA and BoE reports on FINREP, GSIB Phase III, Country Exposure and Pillar 3 disclosures.

• Preparation and review of regulatory financial reporting artifacts comprising of above as per EU and UK regulatory requirements.

• Manage regulatory change including interpretation of new regulatory requirements, ensuring systems are developed to meet new requirements and are fit for purpose.

• Support delivery of regulatory transformation initiatives and support roll out of strategic projects such as IRR (Integrity of Regulatory Reporting) and Basel 3 reforms.

• Monitor regulatory developments and prepare a framework to assess compliance with regulatory framework on an ongoing basis.

• Provide SME support to reporting teams and stakeholders in the regulatory reporting processes.

• Partnering closely with Group Regulatory policy, Finance Change, Risk and other teams to implement regulatory changes.

• Support internal and external auditors assessing the compliance of reporting framework.

• Manage and document policy interpretations and judgements applied within the regulatory reporting framework.

• Establish and maintain effective relationship with business areas/key stakeholders and identify areas of service improvements by implementing regular calls and feedback mechanism.

• Influence and escalate key reporting issues in an effective way to ensure timely resolution.

Functional Knowledge of the Candidate -

• Qualified CA (Chartered Accountant), MBA (Finance) or Engineering degree with interest in Financial Services with relevant experience.

• Understanding complex accounting / reporting systems and data flows and ensuring reporting accuracy.

• Understanding of how to review large data sets and draw out strategic insights as well interpret data and identify trends/anomalies particularly in the context of business, macro-economic or Regulatory drivers, as well as the ability to work quickly & accurately to tight deadlines.

• Understanding of control frameworks and how to implement effective controls in practice.

• Strong attention to detail and being solution oriented.

• Strong communication skills (both oral and written) and an ability to communicate complex ideas in a simple manner to a global audience.

• Excellent planning and organisational skills with ability to adapt to changing situations and to understand issues quickly.

• Excellent working knowledge of MS related products i.e. PowerPoint, Excel.

• Working knowledge of Banking systems and understanding of relevant regulatory reporting framework essential.

• Good understanding of financial products and general accounting principles, and more generically the banking business, balance sheet and income statement preferred.