At a Glance
- Tasks: Lead regulatory reporting for a global corporate bank, managing a team and ensuring compliance.
- Company: Join a well-established global corporate banking business with a strong reputation.
- Benefits: Enjoy a competitive salary, bonus, hybrid working, and additional corporate perks.
- Why this job: Be a key player in driving change and enhancing regulatory processes while developing your career.
- Qualifications: Must be fully qualified (ACA/ACCA/CIMA) with significant experience in regulatory reporting.
- Other info: Opportunity to work closely with change functions and develop strong internal networks.
The predicted salary is between 78000 - 130000 £ per year.
This well-established global corporate banking business is now recruiting for a Director-level Regulatory Reporting position to manage regulatory reporting production for the UK banking business. This includes ownership for the calculation, processes and reporting for credit risk, large exposures, leverage ratio and capital, as well as statistical reporting. The individual will manage a team of 6-7 and also be responsible for developing and guiding their career development, including managing stakeholder relationships and communications in relation to regulatory reporting. Lastly, acting as a driver of change, this role will be working closely with Change functions to both enhance the function and comply with changes in reporting requirements.
Profile Criteria:
- Fully-Qualified (ACA / ACCA / CIMA) with significant post-qualification experience in regulatory reporting and control within a global banking business
- Excellent prudential regulatory knowledge with experience of managing and reporting key ratios and good knowledge and exposure to banking and capital markets products
- Experienced people manager and stakeholder management
- Change experience and ability to manage multiple changes
Responsibilities:
- Manage the banking book regulatory reporting within the UK entities.
- Ensure the process has strong and consistent controls across all the outputs to support external regulatory compliance and internal requirements.
- Manage the regulatory and statistical reporting for the London Branch.
- Deliver compliant external and internal reporting to deadlines and to agreed standards.
- Ensure there is clear business led analysis and MI to support the outputs.
- Ensure there is ongoing improvement to processes and controls to support the regulatory outcomes.
- Identifying opportunities and implementing changes as appropriate.
- Identify and support improvement to key prudential ratios as required.
- Ensure there is a clear and strong change capability, both within the team and in collaboration with dedicated change functions, in order to deliver on the regulatory reporting change agenda.
- Develop strong internal networks and build trusted relationships to support change and to manage communication of prudential information and impacts.
- Liaise closely with the regulatory interpretation process to maintain up to date understanding of regulatory developments and an alignment of the process to any regulatory interpretations.
- Support other EMEA offices with insight, information and processes as required.
- Communicate efficiently and regularly progress on regulatory reporting to management, escalate issues that require management attention.
Director - Regulatory Reporting - Global Corporate Bank - Up to £130,000 + Bonus + Benefits - L[...] employer: LH Partners
Contact Detail:
LH Partners Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Director - Regulatory Reporting - Global Corporate Bank - Up to £130,000 + Bonus + Benefits - L[...]
✨Tip Number 1
Network with professionals in the regulatory reporting field. Attend industry events, webinars, or local meetups to connect with others who work in global corporate banking. This can help you gain insights into the role and potentially get referrals.
✨Tip Number 2
Stay updated on the latest regulatory changes and trends in the banking sector. Subscribe to relevant newsletters or follow key influencers on social media. Demonstrating your knowledge of current regulations during interviews can set you apart from other candidates.
✨Tip Number 3
Prepare to discuss your experience in managing teams and stakeholder relationships. Think of specific examples where you've successfully led a team through change or improved processes. This will showcase your leadership skills, which are crucial for this role.
✨Tip Number 4
Familiarise yourself with the specific regulatory reporting requirements for UK banking. Understanding the nuances of credit risk, leverage ratios, and capital requirements will help you speak confidently about how you can contribute to the team at StudySmarter.
We think you need these skills to ace Director - Regulatory Reporting - Global Corporate Bank - Up to £130,000 + Bonus + Benefits - L[...]
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your qualifications, particularly your ACA/ACCA/CIMA certification and relevant experience in regulatory reporting. Emphasise your management skills and any change management experience, as these are crucial for the role.
Craft a Compelling Cover Letter: In your cover letter, explain why you are the perfect fit for this Director position. Discuss your experience with regulatory compliance, stakeholder management, and team leadership. Use specific examples to demonstrate your achievements in similar roles.
Showcase Your Knowledge: In your application, include insights about current regulatory trends and challenges in the banking sector. This will show that you are not only qualified but also proactive and knowledgeable about the industry.
Highlight Change Management Experience: Since the role involves driving change, make sure to detail your experience in managing change initiatives. Provide examples of how you've successfully implemented changes in processes or reporting requirements in previous positions.
How to prepare for a job interview at LH Partners
✨Showcase Your Regulatory Knowledge
Make sure to highlight your understanding of prudential regulations and key ratios during the interview. Be prepared to discuss specific examples from your past experience that demonstrate your expertise in regulatory reporting within a global banking context.
✨Demonstrate Leadership Skills
As this role involves managing a team, it's crucial to showcase your leadership abilities. Share examples of how you've successfully developed team members' careers and managed stakeholder relationships in previous positions.
✨Prepare for Change Management Questions
Given the emphasis on change management in this role, be ready to discuss your experience with implementing changes in regulatory processes. Provide concrete examples of how you've driven improvements and adapted to new reporting requirements.
✨Build a Strong Case for Communication Skills
Effective communication is key in this position. Prepare to discuss how you've communicated complex regulatory information to various stakeholders and how you ensure clarity and understanding in your reports.