Company: WINTERMANN SEARCH & SELECTION LIMITED
Job Type: Permanent, FullTime
Salary: £45,000 - £50,000 per annum, Pro-rata
My client is an International Bank. They are looking to hire an Assistant Manager for their Regulatory Reporting department.
This is a Fixed Term Contract for 6 months - may be extended another 2-3 months as per requiremens.
Key Responsibilities:
- Preparation and Monitoring of LCR and Stress Tests: Ensure the bank's Liquidity Coverage Ratio (LCR) and stress test results are prepared and monitored daily to maintain regulatory compliance.
- Preparation/Review of Regulatory Returns: Prepare and review COREP returns, PRA110, FSA017, liquidity reports (including ALMM and LCR DA), ensuring timely submission to the regulatory bodies.
- Collaboration for Automation: Work closely with the regulatory reporting software and IT teams to automate and improve the efficiency of regulatory reporting processes.
- Management Information (MI) Reporting: Prepare and submit relevant MI to senior management, ensuring they are informed of the latest regulatory developments and bank performance.
- Reporting to Regulatory Bodies: Ensure timely and accurate submission of regulatory reports to the Reserve Bank of India (RBI) on a daily, monthly, and quarterly basis.
- Ad-hoc Duties: Assist the department with additional tasks and projects as required to support overall objectives
Requirement:
- Bachelor’s degree
- Full or part qualified accountant
- Prudential Regulatory reporting experience
Experience:
- Proven experience in regulatory reporting within the banking or financial services industry.
- Strong knowledge of liquidity risk management, including LCR and stress testing.
- Experience with COREP returns, PRA110, and other regulatory reports (ALMM, FSA017).
- Proficiency in working with regulatory reporting software and an understanding of automation processes.
- Excellent attention to detail and ability to meet strict deadlines.
- Strong collaboration skills, particularly in working with IT and management teams