At a Glance
- Tasks: Lead a team in regulatory reporting, ensuring accuracy and compliance with authorities.
- Company: Eximius Finance is a dynamic investment banking firm focused on regulatory excellence.
- Benefits: Enjoy competitive pay, professional development opportunities, and a collaborative work culture.
- Other info: Ideal for those seeking to make a significant impact in a fast-paced environment.
- Why this job: Join a pivotal role that shapes regulatory strategy and impacts the financial landscape.
- Qualifications: Bachelor's degree in Finance or related field; extensive regulatory reporting experience required.
The predicted salary is between 54000 - 84000 £ per year.
Job Description
Key deliverables
Lead and manage the regulatory reporting team(5/6 across EMEA), providing direction, support, and development opportunities.
Ensure timely and accurate reporting to the relevant competent authorities (mainly the FCA and Bafin/Bundesbank). This includes MIFID PRU/IFR reporting for all European entities.
Ensure timely and accurate reporting of the key regulatory metrics (capital, liquidity, concentration) both as part of internal monitoring and dashboards.
Support the ongoing development of systems and processes to meet department needs for both new business and regulatory changes coming externally and internally. Includes support for testing regulatory reporting systems prior to implementation.
Work closely with the business areas and risk on capital planning exercises, internal assessment of risk and allocation of capital by business.
Work with the risk team around optimisation of existing regulatory treatment to support the firm’s current and new business development.
Maintain key relationship with FCA and be gatekeeper on all escalations around reporting of breaches including those flagged by the regulatory reporting group.
Maintain key relationships with relevant industry associations to ensure the business views are considered in any relevant matters.
Produce Pillar 3 disclosure, working with reporting and risk team to source the various inputs into the document.
Work closely with risk on the development of the Internal Capital and Risk Assessment Process (ICARA – Pillar 2), including the solvent wind-down plan and business stress scenarios.
Qualifications/ Experience
- Bachelor's degree in Finance, Accounting, Economics, or a related field; advanced degree or professional certification (e.g., ACA or equivalent, CFA) preferred.
- Extensive experience in regulatory reporting within an investment banking environment.
- In-depth knowledge of UK and EU regulatory requirements, including MIFIDPRU and IFR.
- Proven leadership and team management skills.
- Strong analytical and problem-solving abilities.
- Excellent communication and interpersonal skills, there is significant exposure to senior individuals across the front, middle and back office.
- Ability to work under pressure and meet tight deadlines.
- Proficiency in regulatory reporting software and tools, specifically AXIOM would be beneficial.
Head of regulatory reporting - US IB - Eximius Finance in London employer: Eximius Finance
Eximius Finance is an exceptional employer that prioritises employee development and fosters a collaborative work culture. With a focus on regulatory reporting within the dynamic investment banking sector, employees benefit from comprehensive training opportunities, competitive compensation, and the chance to engage with senior leaders across various departments. Located in a vibrant financial hub, Eximius Finance offers a stimulating environment where innovation and professional growth are encouraged.
StudySmarter Expert Advice🤫
We think this is how you could land Head of regulatory reporting - US IB - Eximius Finance in London
✨Tip Number 1
Network with professionals in the regulatory reporting field, especially those who have experience with FCA and Bafin/Bundesbank. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends and challenges in regulatory reporting.
✨Tip Number 2
Familiarise yourself with the specific regulatory requirements mentioned in the job description, such as MIFID PRU and IFR. This knowledge will not only help you understand the role better but also demonstrate your commitment and expertise during interviews.
✨Tip Number 3
Showcase your leadership skills by discussing any previous experiences where you successfully managed a team or led a project. Prepare examples that highlight your ability to support and develop team members, as this is a key aspect of the role.
✨Tip Number 4
Brush up on your analytical and problem-solving skills, as these are crucial for the role. Consider taking online courses or workshops that focus on data analysis and regulatory reporting tools, particularly AXIOM, to enhance your technical proficiency.
We think you need these skills to ace Head of regulatory reporting - US IB - Eximius Finance in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your extensive experience in regulatory reporting, particularly within an investment banking environment. Emphasise your leadership skills and any relevant qualifications, such as ACA or CFA.
Craft a Strong Cover Letter:In your cover letter, address how your background aligns with the key deliverables of the role. Mention specific experiences that demonstrate your ability to manage a regulatory reporting team and your knowledge of UK and EU regulatory requirements.
Highlight Relevant Skills:Clearly outline your analytical and problem-solving abilities in your application. Provide examples of how you've successfully worked under pressure and met tight deadlines in previous roles.
Showcase Communication Skills:Since the role involves significant exposure to senior individuals, make sure to highlight your excellent communication and interpersonal skills. Include examples of how you've maintained relationships with regulatory bodies or industry associations.
How to prepare for a job interview at Eximius Finance
✨Showcase Your Leadership Skills
As a Head of Regulatory Reporting, you'll need to demonstrate your leadership abilities. Prepare examples of how you've successfully managed teams in the past, focusing on how you provided direction and support to your team members.
✨Understand Regulatory Requirements
Make sure you're well-versed in UK and EU regulatory requirements, especially MIFIDPRU and IFR. Be ready to discuss how your experience aligns with these regulations and how you can ensure timely and accurate reporting.
✨Highlight Analytical Skills
Given the analytical nature of the role, prepare to discuss specific instances where you've used your problem-solving skills to overcome challenges in regulatory reporting. Use data or metrics to back up your claims.
✨Communicate Effectively
Since the role involves significant interaction with senior individuals across various departments, practice articulating your thoughts clearly and confidently. Prepare to discuss how you've built relationships with stakeholders in previous roles.
