We are hiring for Regulatory Reporting professionals with 7+ years of mandatory experience.
Roles and Responsibilities: - Enhance and develop regulatory processes through close coordination with client stakeholders. Identify opportunities and develop new ideas for process improvements. - Understand regulatory requirements applicable to UK geography (particularly Liquidity reports) and map them against the bank's risk data elements. - Effectively manage tasks associated with the regulatory workstream. - Liaise with IT to incorporate regulatory data requirements into the Client Data Warehouse architecture. - Develop robust validation and quality assurance processes using available golden sources within the bank. - Produce submission materials for regulatory compliance for a large bank. - Perform gap analysis between regulatory expectations and existing bank practices. - Proactively identify solutions for evolving regulatory expectations. - Partner with Treasury, Risk, and Finance departments to facilitate quantitative and qualitative data requirements. - Facilitate aggregation of stress forecasts under Baseline, Adverse, and Severely Adverse scenarios. - Monitor and manage regulatory projects, ensuring timely escalation to key stakeholders. - Compute and publish regulatory schedules, performing robust validation against golden sources. - Partner in regulatory remediation projects and contribute to process improvement initiatives.
Other Areas: - Collaborate with L&D to develop team competencies and share training requirements. - Coordinate with internal departments (DERM, HR, Project Management) for project requirements. - Interact with client partners, BRMs, and Pre-Sales teams to facilitate requirements. - Partner with REGULATORY Modelling, Treasury, and FP&A to facilitate the regulatory submission process.
Skills and Competencies: - Strong experience in regulatory reporting within large banking organizations. - Expert knowledge of the Basel framework with hands-on experience in bank regulatory reporting (preferably U.S.). - Good knowledge of financial products across various asset classes. - Solid understanding of risk management principles and risk measurement methodologies. - Excellent MS Office and communication skills (written & oral) are mandatory. - Successful track record of leading high-performance and skilled team members.
Required Qualifications
7+ years of regulatory reporting experience
Expert knowledge of Basel framework
Hands-on experience in bank regulatory reporting
Proficiency in risk management principles and measurement methodologies
Strong understanding of financial products across asset classes