At a Glance
- Tasks: Lead quality assurance projects on regulatory calculations and disclosures in finance.
- Company: Join a dynamic finance team focused on regulatory compliance and innovation.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Diverse workplace committed to inclusion and employee well-being.
- Why this job: Make a real impact in finance while developing your skills in a supportive environment.
- Qualifications: Experience in regulatory rules and strong analytical skills required.
The predicted salary is between 80000 - 100000 £ per year.
Join the Quality Assurance team that consists of 5 people and reports into the Head of Regulatory Reporting in Finance. The team is responsible for providing assurance over the capital calculations of the UK and EU regulated entities under the CRR (Capital Requirements Regulation) and IFPR (Investment Firm Prudential Regime). Working alongside the Reporting, Capital Product (Change) and Capital Policy teams, the Quality Assurance team performs targeted reviews to substantively test the existing regulatory implementations. Topics in scope include RWA, Leverage and Large Exposure calculations, as well as IFPR calculations. The team is also responsible for reviewing new implementation requirements before they go live such as CRR3 / Basel 3.1.
As a Vice President within the Quality Assurance team, you will be responsible for your own individual projects. You will perform targeted reviews on regulatory calculations and disclosures. This will involve reviewing the relevant regulation, business requirements, and operating models. You will utilise Excel / Alteryx to recreate calculations independently and perform substantive testing. Where possible you will work with the Regulatory Reporting and Capital Product teams to help remediate any findings. At the conclusion of the review, you will write and present detailed reports of findings to senior management, including impact assessments and recommendations for further remediation plans. The team also provides technical support to the Reporting team in several ways. This will include providing subject matter expertise with respect to reporting interpretations and assisting the Reporting team when issues or challenges arise. You will also work with the Change teams to identify appropriate ways to strategically remediate issues and ensure these are prioritised appropriately.
Job Responsibilities
- Work independently on 1-4 month projects to perform targeted reviews on regulatory calculations and related disclosures.
- Assist the Reporting team with the implementation of remediation plans and/or other projects where required.
- Work with the Capital Product / Last Mile teams to review the requirements for upcoming regulatory implementations, including future regulation and COREP requirements.
- Track regulatory reporting publications, EBA Q&A’s and form reporting interpretations where required by the Reporting team.
Required qualifications, capabilities and skills
- Familiarity with large parts of the regulatory rules (CRR2/3) and reporting requirements (COREP) under the UK/EU regulation.
- Proficiency in Microsoft Office – Excel, Outlook, Word and PowerPoint.
- Degree qualification and either accountancy qualification or qualification by experience within Financial Services industry.
- Good understanding of investment banking products including derivatives/security financing transactions and banking products (deposits, loans, credit facilities).
- Self-motivated and ability to work independently; focused on execution skills and the ability to deliver results even through challenges.
- Ability to communicate effectively and build relationships across teams.
- Ability to critically review and challenge numbers with strong analytical skills; flexibility to work under pressure to meet changing work requirements.
Preferred Qualifications, capabilities and skills (not required)
- Knowledge of the IFPR regulatory rules and reporting requirements.
- Experience using Alteryx to build complicated solutions with large datasets.
We recognise that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We do not discriminate on the basis of any protected attribute, including race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs.
Quality Assurance - Vice President in London employer: TwinThread
As a Vice President in our Quality Assurance team, you will thrive in a dynamic and inclusive work culture that values your expertise and fosters professional growth. We offer competitive benefits, including flexible working arrangements and opportunities for continuous learning, all while being part of a collaborative environment that encourages innovation and excellence in regulatory compliance. Join us in London, where your contributions will directly impact our success and the financial landscape.
StudySmarter Expert Advice🤫
We think this is how you could land Quality Assurance - Vice President in London
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those already working in Quality Assurance or related fields. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your regulatory knowledge. Make sure you can discuss CRR and IFPR confidently. We want to see that you know your stuff and can handle the technical questions thrown your way!
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've tackled complex problems in the past. Whether it’s through Excel or Alteryx, we love to see how you’ve used data to drive decisions.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we’re always on the lookout for passionate candidates who are ready to make an impact in our Quality Assurance team.
We think you need these skills to ace Quality Assurance - Vice President in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the job description. Highlight your experience with regulatory rules like CRR and COREP, and showcase your analytical skills. We want to see how you can bring value to our Quality Assurance team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the Vice President role. Mention specific projects you've worked on that relate to regulatory calculations and how you’ve tackled challenges in the past.
Showcase Your Technical Skills:Don’t forget to highlight your proficiency in Excel and Alteryx. If you’ve built complicated solutions or performed substantive testing, let us know! We love seeing candidates who can hit the ground running with their technical expertise.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at TwinThread
✨Know Your Regulations
Make sure you brush up on the CRR and IFPR regulations before your interview. Being able to discuss specific regulatory requirements and how they impact capital calculations will show that you're not just familiar with the rules, but that you can apply them in practice.
✨Excel and Alteryx Skills Matter
Since you'll be using Excel and Alteryx for calculations, it’s a good idea to prepare by practising relevant tasks. Bring examples of how you've used these tools in past projects, especially if you’ve tackled large datasets or complex calculations.
✨Prepare to Present Findings
You’ll need to present detailed reports to senior management, so practice summarising complex information clearly and concisely. Think about how you would communicate your findings and recommendations effectively, as this will be key in demonstrating your communication skills.
✨Show Your Analytical Skills
Be ready to discuss how you approach problem-solving and critical review. Prepare examples where you've had to challenge numbers or assumptions, and explain your thought process. This will highlight your analytical capabilities and your ability to work under pressure.
