Senior Manager, Group Regulatory Reporting Policy

  • Negotiable GBP
  • London, England, United Kingdom London England GB
  • Permanent, Full time
  • Standard Chartered Bank
  • 18 Sep 18 2018-09-18

key requirement for the role is knowledge of the prudential regulation framework applicable to Group

About Standard Chartered

We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East. To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.

We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.

The Regulatory Reporting Policy team is part of the technical teams in Group Finance. The primary role of the policy team is to support Group Regulatory Reporting with its reporting of capital and risk information in respect of international (FSB, Basel), European (EBA, COREP) and UK (Bank of England-PRA) requirements and other returns. The Policy team also supports the production of the Group's external disclosures including Pillar 3 Disclosures, the Capital section of the Annual Report and internally the quarterly reporting of capital and liquidity information. The Regulatory Reporting Policy team is also responsible for policies regarding the Group's leverage ratio exposure measure and the scope and methods of prudential consolidation.

Strategy

Be a centre of excellence and point of reference for technical queries in respect of regulatory reporting at the Group level from international (Basel, FSB), European (EBA) and UK level (PRA) requirements. Identify new regulatory reporting requirements and their impact on Group Regulatory Reporting, Group Finance and internal and external reporting .Provide interpretation and guidance to Group, country and business units on CRD IV / CRR rules under Basel III.Disseminate information and knowledge on regulatory technical matters to the Group, countries and business segments .Liaise with the Group Accounting Policy & Advisory team and ensure the impact of new accounting developments on regulatory reporting are correctly identified and actioned (e.g. IFRS 9).Provide responses to Consultation Papers and Technical Standards on regulatory matters and engage with the regulatory and industry bodies on technical regulatory reporting issues .Represent the Group on UK Finance, AFME, EBF and IIF working groups and other industry forums, as required by the Head, Regulatory Reporting, Policy.

Business Advice and opinions on the treatment of transactions for regulatory reporting purposes. Updates on regulatory technical matters and the regulatory policy agenda. Contribute to ad-hoc projects as required by the Head, Regulatory Reporting, Policy. Processes Work with the Group Regulatory Reporting Projects team in translating the new regulatory requirements into projects in accordance with the regulatory timetable. Contribute and review external disclosures including Pillar 3 Disclosures, the Capital section of the Annual Report and internally the quarterly reporting of capital and liquidity information. People and Talent Develop training materials and deliver training sessions for Financial and Regulatory Reporting teams to ensure the impact of the regulatory requirements are understood and reported correctly in BAU. Risk Management Ensure the requirements of the Prudential Compliance Framework, Operational Risk Framework, Enterprise Risk Framework and BCBS 239 Risk Reporting and Data Aggregation are met and support the Head, Regulatory Reporting, Policy in these areas. Governance Formulation, review and updates of internal policies and procedures such as the Group Regulatory Reporting policy and the Disclosure policy .Regulatory & Business ConductDisplay exemplary conduct and live by the Group's Values and Code of Conduct. Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct. Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Qualifications

Detailed knowledge of regulatory reporting under Basel III as implemented in the UK currently with the CRR/CRD IV framework

Knowledge of banking regulations under the PRA Handbook.

Qualified Accountant preferred

Experience in financial services especially in regulatory reporting and/or regulatory policy.

Knowledge of Risk and Finance systems.

    • Basel
    • Capital Requirements Regulation (CRR) and Capital Requirements Directive (CRD IV)
    • PRA
  • Candidates should have experience in one or more of the following: A regulatory policy function in Group Finance or Risk in a bank. BAU Regulatory Reporting, Capital Management or Treasury function, Regulatory transaction advisory in a bank or Big4, prudential policy or prudential supervision in a regulatory authority or prudential policy in a trade association, Regulatory advisory in a Big4 or boutique consultancy.