At a Glance
- Tasks: Lead a team to prepare and submit regulatory reports for a UK bank.
- Company: Join a renowned UK wholesale bank focused on emerging markets.
- Benefits: Flexible options for temporary or permanent roles, with potential for career growth.
- Why this job: Be part of a dynamic Treasury team making a real impact in banking regulations.
- Qualifications: Qualified Accountant with experience in Treasury or Regulatory Reporting preferred.
- Other info: Opportunity to work closely with senior stakeholders and enhance your leadership skills.
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.
Role Description
- 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.
- Improvement of existing processes looking to streamline processes, resolve outstanding issues and enhance accuracy of the reporting process. Update and enhance the existing process notes, documenting the key interpretation and assumptions including the controls and checks etc.
- 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. Summarize the impact of such changes and communicate them internally with senior stakeholders.
- Assist the Treasurer in the preparation of key treasury documentation including ICAAP, ILAAP & Recovery Plan.
- Support the Treasurer in all Treasury activities for example asset deployment, enhancing the Funds Transfer Pricing model and structural hedging.
- Attend, present and act as secretary for the monthly ALCO members of which include the CFO and CEO.
Role Requirements
- Qualified Accountant preferred.
- 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 understanding of liquidity and capital regulation.
- Analytical and detail focused.
- Strong excel skills.
- Strong communication skills both written and verbal.
- Comfortable reading and understanding Prudential Risk Regulations.
- Is capable of leading and developing junior members of the team.
Head of Treasury Regulatory Reporting (Temp or Perm) employer: Empirical Search
Contact Detail:
Empirical Search Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Head of Treasury Regulatory Reporting (Temp or Perm)
β¨Tip Number 1
Make sure to network with professionals in the financial services industry, especially those who have experience in Treasury or Regulatory Reporting. Attend industry events or webinars where you can meet potential colleagues and learn more about the latest trends and challenges in the field.
β¨Tip Number 2
Stay updated on the latest regulatory changes affecting liquidity and capital management. Subscribe to relevant newsletters or follow key regulatory bodies on social media to ensure you're well-informed and can discuss these topics confidently during interviews.
β¨Tip Number 3
Prepare to demonstrate your analytical skills by discussing specific examples of how you've improved reporting processes or resolved issues in previous roles. Be ready to explain your thought process and the impact of your actions on the organisation.
β¨Tip Number 4
Familiarise yourself with the key treasury documentation such as ICAAP, ILAAP, and Recovery Plans. Being able to speak knowledgeably about these documents will show your commitment to the role and your understanding of the responsibilities involved.
We think you need these skills to ace Head of Treasury Regulatory Reporting (Temp or Perm)
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights relevant experience in Treasury and Regulatory Reporting. Emphasise your qualifications, particularly if you are a qualified accountant, and showcase your analytical skills and understanding of liquidity and capital regulations.
Craft a Compelling Cover Letter: Write a cover letter that specifically addresses the job description. Mention your experience with COREP, FINREP, and Bank of England reporting, and how you can improve existing processes. Show enthusiasm for the role and the company.
Highlight Leadership Experience: Since the role involves leading a team, be sure to include examples of your leadership experience. Discuss how you've developed junior team members and any successful projects you've led in the past.
Showcase Communication Skills: Given the importance of communication in this role, provide examples of how you've effectively communicated complex regulatory changes to senior stakeholders. This could be through presentations or reports you've prepared.
How to prepare for a job interview at Empirical Search
β¨Showcase Your Regulatory Knowledge
Make sure to brush up on the latest regulatory requirements, especially COREP and FINREP. Demonstrating your understanding of these regulations will show that you are well-prepared for the role and can hit the ground running.
β¨Highlight Process Improvement Experience
Be ready to discuss specific examples where you've streamlined processes or resolved issues in previous roles. This will illustrate your ability to enhance accuracy and efficiency in reporting, which is crucial for this position.
β¨Prepare for Technical Questions
Expect questions that test your analytical skills and understanding of liquidity and capital regulations. Practising how to articulate your thought process will help you convey your expertise effectively during the interview.
β¨Demonstrate Leadership Skills
Since the role involves leading a team, be prepared to discuss your leadership style and experiences. Share examples of how you've developed junior team members and fostered a collaborative environment.