At a Glance
- Tasks: Lead projects ensuring compliance with regulatory calculations and disclosures in finance.
- Company: Join a dynamic finance team focused on quality assurance and regulatory reporting.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Other info: Collaborative culture with a focus on diversity and inclusion.
- Why this job: Make a real impact in finance while working on cutting-edge regulatory projects.
- Qualifications: Degree in finance or related field; experience in regulatory rules and financial services.
The predicted salary is between 80000 - 100000 £ per year.
Join the Quality Assurance team that consists of 5 people and reports into the Head of Regulatory Reporting in Finance. The team is responsible for providing assurance over the capital calculations of the UK and EU regulated entities under the CRR (Capital Requirements Regulation) and IFPR (Investment Firm Prudential Regime). Working alongside the Reporting, Capital Product (Change) and Capital Policy teams, the Quality Assurance team performs targeted reviews to substantively test the existing regulatory implementations. Topics in scope include RWA, Leverage and Large Exposure calculations, as well as IFPR calculations. The team is also responsible for reviewing new implementation requirements before they go live such as CRR3 / Basel 3.1.
As a Vice President within the Quality Assurance team, you will be responsible for your own individual projects. You will perform targeted reviews on regulatory calculations and disclosures. This will involve reviewing the relevant regulation, business requirements, and operating models. You will utilise Excel / Alteryx to recreate calculations independently and perform substantive testing. Where possible you will work with the Regulatory Reporting and Capital Product teams to help remediate any findings. At the conclusion of the review, you will write and present detailed reports of findings to senior management, including impact assessments and recommendations for further remediation plans.
The team also provides technical support to the Reporting team in several ways. This will include providing subject matter expertise with respect to reporting interpretations and assisting the Reporting team when issues or challenges arise. You will also work with the Change teams to identify appropriate ways to strategically remediate issues and ensure these are prioritised appropriately.
Job Responsibilities- Work independently on 1-4 month projects to perform targeted reviews on regulatory calculations and related disclosures.
- Assist the Reporting team with the implementation of remediation plans and/or other projects where required.
- Work with the Capital Product / Last Mile teams to review the requirements for upcoming regulatory implementations, including future regulation and COREP requirements.
- Track regulatory reporting publications, EBA Q&A’s and form reporting interpretations where required by the Reporting team.
- Familiarity with large parts of the regulatory rules (CRR2/3) and reporting requirements (COREP) under the UK/EU regulation.
- Proficiency in Microsoft Office – Excel, Outlook, Word and PowerPoint.
- Degree qualification and either accountancy qualification or qualification by experience within Financial Services industry.
- Good understanding of investment banking products including derivatives/security financing transactions and banking products (deposits, loans, credit facilities).
- Self-motivated and ability to work independently; focused on execution skills and the ability to deliver results even through challenges.
- Ability to communicate effectively and build relationships across teams.
- Ability to critically review and challenge numbers with strong analytical skills; flexibility to work under pressure to meet changing work requirements.
- Knowledge of the IFPR regulatory rules and reporting requirements.
- Experience using Alteryx to build complicated solutions with large datasets.
VP, Regulatory QA & Capital Calculations in London employer: Aumni
As a leading employer in the financial services sector, we pride ourselves on fostering a collaborative and inclusive work culture that empowers our employees to excel. The VP, Regulatory QA & Capital Calculations role offers unique opportunities for professional growth through challenging projects and direct engagement with senior management, all while being part of a supportive team dedicated to ensuring compliance and excellence in regulatory reporting. Located in a vibrant city, our office provides a dynamic environment where innovation thrives, and employees are encouraged to develop their skills and advance their careers.
StudySmarter Expert Advice🤫
We think this is how you could land VP, Regulatory QA & Capital Calculations in London
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those who work in regulatory QA or capital calculations. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Show off your skills! If you’ve got experience with Excel or Alteryx, consider creating a mini-project or analysis that showcases your abilities. Share it during interviews to demonstrate your hands-on expertise.
✨Tip Number 3
Prepare for the interview by brushing up on CRR and IFPR regulations. Be ready to discuss how you've tackled similar challenges in the past. We want to see your analytical skills in action!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take that extra step.
We think you need these skills to ace VP, Regulatory QA & Capital Calculations in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the job description. Highlight your experience with regulatory rules like CRR and COREP, and showcase your analytical skills. We want to see how your background fits into our Quality Assurance team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the VP role. Mention specific projects you've worked on that relate to capital calculations or regulatory reporting. Let us know what excites you about joining StudySmarter!
Showcase Your Technical Skills:Since you'll be using Excel and Alteryx, make sure to mention your proficiency in these tools. If you've built complicated solutions or performed substantive testing, share those experiences. We love seeing candidates who can hit the ground running!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss any important updates. Plus, it’s super easy to do!
How to prepare for a job interview at Aumni
✨Know Your Regulations
Make sure you brush up on the CRR and IFPR regulations before your interview. Being able to discuss specific regulatory requirements and how they impact capital calculations will show that you're not just familiar with the rules, but that you can apply them in practice.
✨Excel Skills are Key
Since you'll be using Excel and Alteryx for calculations, it’s a good idea to prepare by practising relevant functions and data manipulation techniques. Bring examples of how you've used these tools in past projects to demonstrate your proficiency.
✨Prepare for Technical Questions
Expect to face technical questions related to regulatory calculations and disclosures. Review common scenarios and be ready to explain your thought process when tackling complex problems. This will highlight your analytical skills and ability to critically review numbers.
✨Showcase Your Communication Skills
As you'll be presenting findings to senior management, practice articulating your thoughts clearly and concisely. Prepare a mock presentation of a previous project or analysis to demonstrate your ability to communicate effectively across teams.
