Head of Regulatory Reporting w ICAAP & ILAAP Head of Regulatory Reporting w ICAAP & ILAAP …

Michael Page
in London, United Kingdom
Permanent, Full time
Last application, 26 Feb 21
GBP75000 - GBP100000 per annum
Michael Page
in London, United Kingdom
Permanent, Full time
Last application, 26 Feb 21
GBP75000 - GBP100000 per annum
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

  • £75,000 to £100,000 base

  • Exceptional work environment

  • Competitive bonus scheme and strong company benefits package

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