At a Glance
- Tasks: Lead a team to prepare and submit regulatory reports for a UK wholesale bank.
- Company: Join a well-known UK wholesale bank focused on emerging markets.
- Benefits: Flexible options for interim or permanent roles, with potential for remote work.
- Why this job: Be part of a dynamic Treasury team making a real impact in financial management.
- Qualifications: Experience in financial services, especially in Treasury or Regulatory Reporting, is essential.
- Other info: Strong Excel skills and knowledge of Prudential Risk Regulations are required.
The predicted salary is between 72000 - 108000 Β£ per year.
We are helping a well-known UK wholesale bank, with a focus on emerging markets, with their search for a new Head of Treasury Regulatory Reporting who can start ASAP. This is the second of two newly created roles they have in their Treasury team. You will lead a small team responsible for ensuring the accurate and timely preparation and submission of the Bankβs Regulatory Returns and to enhance balance sheet management via effective Treasury processes. The head office is in London. They are happy to consider people who just want an interim assignment as well as those who prefer to transition to a perm role longer term.
- Responsible for the preparation and submission of all required regulatory reports covering a UK investment firm, bank and holding company including COREP, FINREP and Bank of England reporting.
- Preparation of daily and monthly MI packs for various committees like ALCO, Board Risk Committee, Board etc.
- Keep abreast of regulatory developments as they pertain to liquidity and capital for the banking industry.
- Support the Treasurer in all Treasury activities for example asset deployment, enhancing the Funds Transfer Pricing model and structural hedging.
- Experience in the financial services industry at least part of which must have been in either the Treasury or Regulatory Reporting function of a bank.
- Strong excel skills.
- Comfortable reading and understanding Prudential Risk Regulations.
Head of Financial Management (Permanent) employer: Empirical Search
Contact Detail:
Empirical Search Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Head of Financial Management (Permanent)
β¨Tip Number 1
Network with professionals in the financial services sector, especially those who have experience in Treasury or Regulatory Reporting. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in regulatory requirements.
β¨Tip Number 2
Stay updated on the latest Prudential Risk Regulations and other relevant compliance frameworks. This knowledge will not only help you in interviews but also demonstrate your commitment to staying informed in a rapidly changing regulatory environment.
β¨Tip Number 3
Prepare to discuss your experience with COREP, FINREP, and Bank of England reporting in detail. Be ready to provide examples of how you've successfully managed these processes in previous roles, as this will be crucial for the Head of Financial Management position.
β¨Tip Number 4
Familiarise yourself with the specific challenges faced by banks operating in emerging markets. Understanding these nuances can set you apart from other candidates and show that you are well-prepared for the unique aspects of this role.
We think you need these skills to ace Head of Financial Management (Permanent)
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights relevant experience in financial management, particularly in Treasury and Regulatory Reporting. Emphasise your familiarity with COREP, FINREP, and Bank of England reporting.
Craft a Compelling Cover Letter: Write a cover letter that showcases your leadership skills and experience in managing teams. Mention specific achievements in regulatory reporting and how you can enhance balance sheet management.
Highlight Technical Skills: Clearly outline your strong Excel skills and any other relevant technical proficiencies. If you have experience with Prudential Risk Regulations, make sure to mention it as it is crucial for this role.
Show Industry Knowledge: Demonstrate your understanding of the financial services industry, especially regarding liquidity and capital regulations. This will show that you are well-prepared for the challenges of the role.
How to prepare for a job interview at Empirical Search
β¨Showcase Your Regulatory Knowledge
Make sure to brush up on the latest Prudential Risk Regulations and be prepared to discuss how they impact Treasury operations. Demonstrating your understanding of COREP, FINREP, and Bank of England reporting will show that you are well-versed in the requirements of the role.
β¨Highlight Your Leadership Experience
As a Head of Financial Management, you'll be leading a team. Be ready to share examples of your leadership style and how you've successfully managed teams in the past, particularly in high-pressure environments like regulatory reporting.
β¨Prepare for Technical Questions
Expect technical questions related to financial management and reporting processes. Brush up on your Excel skills and be ready to discuss how you've used them to enhance reporting accuracy and efficiency in previous roles.
β¨Demonstrate Your Adaptability
Given the evolving nature of regulations, it's crucial to show that you can adapt to changes quickly. Share experiences where you've successfully navigated regulatory changes or improved processes in response to new requirements.