Head of Regulatory Reporting

Head of Regulatory Reporting

London Full-Time 54000 - 84000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead a team in preparing and submitting regulatory reports like COREP and FINREP.
  • Company: Join a fast-growing global fintech that's shaping the future of finance.
  • Benefits: Enjoy a dynamic work environment with opportunities for growth and innovation.
  • Why this job: Be at the forefront of regulatory changes, impacting the fintech landscape while working with senior stakeholders.
  • Qualifications: Qualified accountant with experience in regulatory reporting within a banking environment.
  • Other info: This role offers a chance to enhance processes and drive efficiency in a high-growth setting.

The predicted salary is between 54000 - 84000 £ per year.

Leading the regulatory reporting team for this high growth fintech, responsible for FINREP, COREP, BoE reporting, ALCO preparation and attendance.

As head of regulatory reporting you will be responsible for:

  • Leading a team that is responsible for the preparation and submission of all required regulatory reports including COREP, FINREP and Bank of England reporting.
  • Improving existing processes, resolving outstanding issues and enhancing accuracy of the reporting process.
  • Working with systems provider to increase automated production of key metrics and returns to enhance efficiency and accuracy.
  • Updating and enhancing the existing process notes, documenting the key regulatory interpretation, key controls and review process.
  • Leading a team that prepares daily and monthly MI packs for various committees such as ALCO, Board Risk Committee, Board etc.
  • Keeping abreast of regulatory developments as they pertain to liquidity, capital and non traded market risk for the banking and asset management industry. Summarise the impact of such changes and communicate them internally with senior stakeholders.
  • Ad hoc attendance at ALCO to present to senior colleagues any key regulatory changes that may impact the Group.

The ideal candidate will be a qualified accountant with extensive experience of running a regulatory reporting team in a bank.

An exciting opportunity to join a fast moving, high growth fintech at an exciting time in their evolution.

Head of Regulatory Reporting employer: Michael Page Banking

Join a dynamic and innovative fintech that prioritises employee growth and development, offering a collaborative work culture where your contributions directly impact the company's success. With a focus on regulatory excellence, you will have the opportunity to lead a talented team while benefiting from competitive remuneration, flexible working arrangements, and a commitment to continuous improvement in processes and technology. This role not only allows you to enhance your skills in a fast-paced environment but also positions you at the forefront of regulatory developments in the banking and asset management sectors.
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Contact Detail:

Michael Page Banking Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Head of Regulatory Reporting

✨Tip Number 1

Network with professionals in the fintech and regulatory reporting sectors. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends, which can give you an edge in interviews.

✨Tip Number 2

Stay updated on the latest regulatory changes affecting the banking and asset management industries. Being knowledgeable about current regulations will not only help you in discussions but also demonstrate your commitment to the role.

✨Tip Number 3

Prepare to discuss your experience in leading teams and improving processes. Think of specific examples where you've enhanced efficiency or accuracy in reporting, as this will showcase your leadership skills during interviews.

✨Tip Number 4

Familiarise yourself with the tools and systems commonly used in regulatory reporting. If you have experience with automation in reporting processes, be ready to share how you’ve implemented these solutions in past roles.

We think you need these skills to ace Head of Regulatory Reporting

Regulatory Reporting Expertise
FINREP and COREP Knowledge
Bank of England Reporting
Team Leadership
Process Improvement
Data Accuracy Enhancement
Automation of Reporting Processes
Documentation Skills
Regulatory Interpretation
Stakeholder Communication
Management Information (MI) Preparation
Liquidity and Capital Management Knowledge
Risk Management Understanding
Qualified Accountant

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in regulatory reporting, particularly with FINREP, COREP, and Bank of England reporting. Use specific examples to demonstrate your leadership skills and any improvements you've made in previous roles.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the fintech industry and detail how your background aligns with the responsibilities outlined in the job description. Mention your experience in leading teams and improving reporting processes.

Highlight Relevant Qualifications: Clearly state your qualifications, especially if you are a qualified accountant. Include any certifications or training that relate to regulatory reporting and financial compliance, as these will strengthen your application.

Showcase Your Knowledge of Regulations: Demonstrate your understanding of current regulatory developments in liquidity, capital, and non-traded market risk. Mention any specific instances where you've had to adapt to regulatory changes and how you communicated these to stakeholders.

How to prepare for a job interview at Michael Page Banking

✨Showcase Your Regulatory Knowledge

Make sure to brush up on the latest regulatory requirements, especially around FINREP, COREP, and Bank of England reporting. Demonstrating your understanding of these regulations will show that you're not just familiar with the role but also proactive in keeping up with industry changes.

✨Highlight Leadership Experience

As the head of a regulatory reporting team, your leadership skills are crucial. Be prepared to discuss your previous experiences in leading teams, resolving issues, and improving processes. Use specific examples to illustrate how you've successfully managed teams and enhanced reporting accuracy.

✨Discuss Process Improvement Initiatives

Talk about any initiatives you've led to improve reporting processes or increase automation. Companies value candidates who can bring efficiency to their operations, so share concrete examples of how you've streamlined workflows or implemented new technologies.

✨Prepare for Stakeholder Communication Scenarios

Since you'll be communicating key regulatory changes to senior stakeholders, think of scenarios where you've had to present complex information clearly and effectively. Prepare to discuss how you tailor your communication style to different audiences, ensuring everyone understands the implications of regulatory developments.

Head of Regulatory Reporting
Michael Page Banking
M
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