At a Glance
- Tasks: Lead a team in preparing and submitting regulatory reports for a UK wholesale bank.
- Company: Join a well-known UK wholesale bank focused on emerging markets.
- Benefits: Flexible interim role with potential for permanent transition; work in a dynamic environment.
- Why this job: Make an impact in Treasury processes while enhancing your financial expertise.
- Qualifications: Experience in financial services, particularly in Treasury or Regulatory Reporting, is essential.
- Other info: Based in London, this role offers a chance to stay updated on regulatory developments.
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.
Interim Head of Financial Management (Temporary) employer: Empirical Search
Contact Detail:
Empirical Search Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Interim Head of Financial Management (Temporary)
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
Familiarise yourself with the specific regulatory frameworks relevant to UK banks, such as COREP and FINREP. This knowledge will not only boost your confidence during interviews but also demonstrate your commitment to staying updated in the field.
β¨Tip Number 3
Prepare to discuss your previous experiences in managing teams and handling regulatory reports. Be ready to share specific examples of how you improved processes or ensured compliance, as this will highlight your leadership skills and expertise.
β¨Tip Number 4
Research the bank's recent activities and any changes in their regulatory environment. Being knowledgeable about their current challenges and successes will help you tailor your discussions and show that you're genuinely interested in contributing to their team.
We think you need these skills to ace Interim Head of Financial Management (Temporary)
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights relevant experience in Treasury and Regulatory Reporting. Emphasise your familiarity with COREP, FINREP, and Bank of England reporting, as well as your strong Excel skills.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the interim role and how your background aligns with the responsibilities outlined in the job description. Mention your ability to lead a team and your understanding of regulatory developments.
Showcase Relevant Experience: When detailing your work history, focus on specific achievements in financial management and regulatory reporting. Use metrics where possible to demonstrate your impact, such as improvements in reporting accuracy or efficiency.
Proofread Your Application: Before submitting, carefully proofread your application materials for any errors or typos. A polished application reflects your attention to detail, which is crucial in financial roles.
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 liquidity and capital management. 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 Team Leadership Skills
As this position involves leading a small team, be ready to share examples of your leadership experience. Discuss how you've successfully managed teams in the past, particularly in high-pressure environments, and how you foster collaboration and accountability.
β¨Prepare for Technical Questions
Expect technical questions related to financial management and regulatory reporting. Brush up on your Excel skills and be prepared to discuss how you've used data analysis to enhance Treasury processes or improve reporting accuracy in previous roles.
β¨Express Flexibility and Adaptability
Since this is an interim role, it's important to convey your willingness to adapt to the company's needs. Discuss your experience in temporary positions and how you've quickly integrated into new teams and processes to deliver results effectively.