At a Glance
- Tasks: Monitor regulatory large exposures and produce management information for decision-making.
- Company: Join a leading Japanese financial institution with a global presence.
- Benefits: Competitive day rate, hybrid working, and a diverse, inclusive culture.
- Why this job: Make an impact in regulatory reporting while developing your skills in finance.
- Qualifications: Bachelor's degree and experience in regulatory reporting required.
- Other info: Dynamic team environment with opportunities for professional growth.
The predicted salary is between 36000 - 60000 £ per year.
Our commitment is to provide equal opportunity regardless of, for example, your gender, age, ethnicity, disability, sexual orientation or beliefs. We also engage with employers to develop programmes and pathways that embrace diverse talent and promote more inclusive employment worldwide through partnerships and other initiatives. We recognise and celebrate the value of difference and how it makes us faster, smarter and more innovative than our competition.
My client is one of the largest financial institutions headquartered in Japan, with an established presence across all consumer and corporate banking businesses. Through its subsidiaries and affiliates, they offer a diverse range of financial services, including commercial banking, leasing, securities, credit card, consumer finance and other services.
They are looking for a Regulatory Reporting AVP on an initial 6 month contract. You will be expected to work Monday to Friday standard office hours with the occasional need to work outside of these hours in line with business needs. The position is hybrid working being in the office 2-3 days a week with the remainder of time working from home, you will be expected to align working days with colleagues initially whilst training in the position.
The Team
The Regulatory Reporting team is responsible for both the internal management information for the daily and monthly monitoring of capital and liquidity adequacy and large exposure, as well as production and submission of the regulatory returns to the regulators, including the Bank of England, PRA and FCA. The team is also involved in the organisation’s annual ICAAP, ILAAP and RRP process, as well as responsible for compiling the Pillar 3 documents.
Purpose of Job
The role is primarily responsible for supporting with the daily regulatory large exposure monitoring process and for producing management information that supports related decisions and investigations. Duties include but are not limited to:
- Responsibility for daily large exposure monitoring against regulatory and internal limits.
- Manage and further develop the large exposure communications & approval framework with Front Office, Risk Management and Planning around banking & trading book limits and permitted internal limit excesses.
- Daily communications to senior management in relation to regulatory prudential ratios monitoring and group collateral reporting.
- Subject Matter Expert (SME) for regulatory large exposure monitoring framework.
Accountabilities & Responsibilities
- Daily large exposure monitoring process associated investigations and resolution of potential internal or external limit breaches.
- Intraday large exposure monitoring.
- Management of the daily group collateral process including associated investigations and adjustments.
- Support the preparation of quarterly COREP reports related to credit risk and large exposures.
Knowledge, Skills, Experience & Qualifications
- Bachelor’s degree or equivalent required.
- Industry experience in working for a comparable institution required.
- Expert knowledge of regulatory large exposure rules and reporting requirements under the UK / European Capital Requirements Regulation required.
- Experience in producing regulatory large exposure reporting (COREP COR002) required.
- Knowledge and exposure to banking and capital markets products from credit risk and large exposure perspective required.
- Strong communication and influencing skills required.
- Proven ability to work with large amounts of financial and risk data required.
- Strong experience in delivering financial or risk reports under pressure without compromising on accuracy and attention to detail required.
- Proven experience in condensing complex risk and financial data into reports for senior management consumption required.
- Experience in communicating complex change requirements to key stakeholders required.
- Expert at working with MS Excel required, PowerBI and SQL desirable.
- Strong numerical and financial skills required.
Candidates must show evidence of the above in their CV to be considered.
Please be advised if you haven't heard from us within 48 hours then unfortunately your application has not been successful on this occasion, we may however keep your details on file for any suitable future vacancies and contact you.
We use generative AI tools to support our candidate screening process. This helps us ensure a fair, consistent, and efficient experience for all applicants. Rest assured, all final decisions are made by our hiring team, and your application will be reviewed with care and attention.
Reporting Specialist in London employer: Adecco
Contact Detail:
Adecco Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reporting Specialist in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector, especially those who work in regulatory reporting. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of regulatory large exposure rules. Be ready to discuss how your experience aligns with the role and showcase your problem-solving skills with real-life examples.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a quick thank-you email to express your appreciation and reiterate your interest in the position. It keeps you fresh in their minds!
✨Tip Number 4
Apply through our website for the best chance at landing that job! We’re all about making the application process smooth and straightforward, so don’t miss out on opportunities by applying elsewhere.
We think you need these skills to ace Reporting Specialist in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Reporting Specialist role. Highlight your experience with regulatory large exposure rules and any relevant financial data management skills. We want to see how your background aligns with what we're looking for!
Showcase Your Skills: Don’t just list your skills; demonstrate them! Use specific examples from your past work that showcase your expertise in producing regulatory reports and managing large amounts of data. This helps us see you in action!
Be Clear and Concise: When writing your application, keep it clear and to the point. We appreciate well-structured applications that get straight to the heart of your qualifications and experiences. Avoid fluff – we want the good stuff!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at Adecco
✨Know Your Regulatory Stuff
Make sure you brush up on your knowledge of regulatory large exposure rules and reporting requirements. Familiarise yourself with the UK/European Capital Requirements Regulation, as this will be crucial in demonstrating your expertise during the interview.
✨Showcase Your Data Skills
Be prepared to discuss your experience with financial and risk data. Highlight specific examples where you've successfully produced regulatory reports under pressure, and don't forget to mention your proficiency in MS Excel, PowerBI, and SQL.
✨Communicate Clearly
Strong communication skills are key for this role. Practice explaining complex financial concepts in simple terms, as you'll need to convey important information to senior management and stakeholders. Think about how you can demonstrate your influencing skills during the interview.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities. Prepare examples of how you've handled limit breaches or managed large exposure communications in the past. This will show your potential employer that you're ready to tackle real-world challenges.