At a Glance
- Tasks: Lead regulatory reporting and enhance processes for a growing UK Bank.
- Company: Join a tech-savvy bank connecting emerging and established markets.
- Benefits: Enjoy a leadership role with opportunities for professional growth and development.
- Why this job: Make a real impact on regulatory compliance and strategic growth in finance.
- Qualifications: Qualified Accountant with experience in regulatory reporting and team management.
- Other info: Be part of a high-performing team driving innovation in banking.
The predicted salary is between 72000 - 108000 £ per year.
JSS are working with a rapidly growing UK Bank who specialise in connecting emerging and established markets through the use of technology and foreign exchange. The Bank are looking for a Head of Regulatory Reporting. This is a key leadership position responsible for overseeing the preparation and timely submission of regulatory reports, driving process improvements, and managing a small high-performing team. The successful candidate will play a crucial role in supporting reporting obligations, enhancing regulatory compliance, whilst also contributing to the organisation's strategic growth in frontier and emerging markets.
Key Responsibilities:
- Lead the preparation and submission of regulatory returns including COREP, FINREP, and Bank of England reporting as well as Investment Regulatory Reporting.
- Continuously enhance reporting processes to improve accuracy and efficiency.
- Collaborate with systems providers to automate key metrics and reporting outputs.
- Maintain and evolve process documentation, including regulatory interpretations and controls.
- Produce and review MI packs for internal committees such as ALCO and the Board Risk Committee.
- Monitor and communicate regulatory developments affecting liquidity, capital, and non-traded market risk.
- Participate in ALCO meetings to advise senior stakeholders on key regulatory updates.
- Manage and develop a team of two direct reports, delegating responsibilities to maximise output.
Ideal Candidate Profile:
- Qualified Accountant (ACA, ACCA, or equivalent).
- Degree in a numerate discipline.
- Direct experience in a regulatory reporting function within a bank.
- Demonstrated experience managing regulatory change projects.
Head of Regulatory Reporting employer: JSS Search
Contact Detail:
JSS Search Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Regulatory Reporting
✨Tip Number 1
Network with professionals in the banking and regulatory reporting sectors. Attend industry events or webinars to connect with individuals who can provide insights into the role and potentially refer you to opportunities.
✨Tip Number 2
Stay updated on the latest regulatory changes and trends affecting the banking sector. This knowledge will not only help you in interviews but also demonstrate your commitment to the field.
✨Tip Number 3
Prepare to discuss specific examples of how you've improved reporting processes or managed teams in previous roles. Highlighting your leadership skills and problem-solving abilities will set you apart from other candidates.
✨Tip Number 4
Familiarise yourself with the specific regulatory frameworks relevant to the position, such as COREP and FINREP. Showing a deep understanding of these requirements during discussions will showcase your expertise and readiness for the role.
We think you need these skills to ace Head of Regulatory Reporting
Some tips for your application 🫡
Understand the Role: Take time to thoroughly understand the responsibilities of the Head of Regulatory Reporting. Familiarise yourself with regulatory returns like COREP and FINREP, as well as the importance of compliance in banking.
Tailor Your CV: Highlight your qualifications, especially if you are a qualified accountant (ACA, ACCA, or equivalent). Emphasise your direct experience in regulatory reporting and any relevant projects you've managed.
Craft a Compelling Cover Letter: In your cover letter, explain why you are the ideal candidate for this leadership position. Discuss your experience with regulatory change projects and how you can contribute to the bank's strategic growth.
Showcase Leadership Skills: Since this role involves managing a small team, be sure to include examples of your leadership experience. Describe how you've successfully developed teams and improved processes in previous roles.
How to prepare for a job interview at JSS Search
✨Showcase Your Regulatory Knowledge
Make sure to brush up on the latest regulatory frameworks and reporting requirements like COREP and FINREP. Demonstrating your understanding of these regulations will show that you're not just familiar with the role, but also committed to compliance.
✨Highlight Leadership Experience
As this position involves managing a small team, be prepared to discuss your leadership style and past experiences. Share specific examples of how you've successfully led teams, delegated tasks, and driven process improvements in previous roles.
✨Prepare for Technical Questions
Expect technical questions related to regulatory reporting and financial metrics. Brush up on key concepts and be ready to explain how you would approach automating reporting processes or enhancing accuracy in submissions.
✨Demonstrate Strategic Thinking
This role is not just about compliance; it's also about contributing to the bank's strategic growth. Be ready to discuss how you can align regulatory reporting with the bank's broader goals, especially in emerging markets.