Head of Regulatory Reporting w ICAAP & ILAAP City of London based institutional and corporate bank w niche glbl lending lines * ICAAP, ILAAP, full reg suite, mnging growing team * Truly hybrid role
Head of Regulatory Reporting w ICAAP & ILAAP
City of London based institutional and corporate bank with niche global lending lines
Banking & Financial Services
*Excellent sme bank with prudent balance sheet, niche corporate lending lines
*Lots of global profile, will suite someone already handling ICAAP, ILAAP, full reg suite, managing growing team
Description
Head of Regulatory Reporting w ICAAP & ILAAP
Banking & Financial Services
City of London based institutional and corporate bank with niche global lending lines
PURPOSE:
To lead and ensure all day to day Prudential Regulatory reporting functions are carried out effectively, efficiently and within agreed timeframes
RESPONSIBILITIES:
- Keep up to date with prudential regulatory requirements applicable to the Bank and ensure timely implementation of changes including updates to policies, procedures manual and relevant returns
- First level review and supervision of the accurate and timely production of all prudential regulatory returns (including but not limited to BOE, FCA, COREP, FINREP and Pillar 3)
- Take Head of Finance through all prudential regulatory returns successfully at each reporting period and obtain his sign-off as second level reviewer (on checklist and monthly review document)
- Along with Head of Finance, obtain CFO (SMF 2) approval before submission of all prudential regulatory returns; note clearly and seek CFO approval for material judgements / policy exceptions
- Ensure accurate and timely production of all internal reports (including but not limited to liquidity, capital, ALCO, Group, Board and other ad hoc reports)
- Review, streamline and oversee the automation of manual regulatory reporting processes and reports
- Oversee the implementation of a new / enhanced regulatory reporting platform
- Support Head of Finance in the production of annual ICAAP, ILAAP and RRP
- Lead regular stress testing of the Bank's liquidity position and prepare appropriate reporting to ALCO, EMC and Board
- Support Head of Finance in maintaining and running capital stress testing model for annual ICAAP, annual budget and as required for ALCO or requested by CFO
- Develop appropriate MI for Head of Finance and CFO to facilitate tracking of progress in change delivery and escalation of any issues encountered
- Establishment of a properly staffed and appropriately trained Regulatory Reporting function
- Coordination of responses to regulatory data requests including support of UAT process for new products or process changes impacting prudential regulatory reporting
- Technically challenge the Regulatory Reporting team and ensure returns are submitted is in line with relevant requirements and regulations
- To close all internal audit points, relating to prudential regulatory reporting, within prescribed timelines
- Any other tasks that may be assigned from time to time by Head of Finance and CFO
Profile
- ACA, CA, ACCA, CIMA or equiv qualified
- Full reg rulebook [across capital and liquidity], ICAAP, ILAAP and RRP exposure
- Retail or ideally Corporate Bank exposure to handle similar product complexity
- Team management
Job Offer
