At a Glance
- Tasks: Lead regulatory reporting and deliver strategic documents for the Bank.
- Company: Join a leading financial institution with a focus on compliance and governance.
- Benefits: Attractive salary, career development opportunities, and a dynamic work environment.
- Other info: Collaborative culture with opportunities for professional growth and learning.
- Why this job: Make a significant impact in regulatory compliance and shape the future of banking.
- Qualifications: 5+ years in regulatory reporting with strong analytical and IT skills.
The predicted salary is between 60000 - 75000 £ per year.
Key responsibility to lead on all regulatory reporting and the delivery of the Bank’s strategic regulatory documents (ICAAP, ILAAP and Recovery and Wind-down plans and other strategic prudential documentation and regulatory review processes for the Bank).
Responsibilities
- Managing all the Regulatory Reporting for UBA UK including preparation, review and submission to PRA, FCA and Bank of England returns on a monthly, quarterly, annually and ad-hoc basis (LCR, ALMM, PRA110, COREP, FINREP, NSFR, AE, Large Exposure, Leverage Ratio, BT, EL, CC, CL, FSA017, PRA108, PRA104-107, SMMA).
- Managing the automation and implementation of all Regulatory Reporting.
- Preparation and maintenance of detailed reconciliation reports for each regulatory report.
- Project lead for Basel 3.1 implementation.
- Point of contact for regulators and internal stakeholders.
- Maintaining regulatory reporting policies, processes, and controls in full compliance with internal and external standards.
- Assist the Finance, Treasury and risk teams with capital, liquidity and exposure matters and stress-testing.
Prudential Reporting
- Responsibility for delivery of ICAAP, ILAAP, Recovery and Resolution planning, Solvent Exit Analysis, Pillar 3 Disclosures and other strategic prudential documentation.
Governance and Risk Management
- Oversee compliance with all Governance and Risk management requirements.
- Reporting and reviewing activities required by the regulated entities are carried out to required standards.
- Advise on the application of regulatory requirements, assess the impact of new regulations and provide on-going support, ensuring Executives, the Board, and relevant Committees are fully aware and understand the implications of all applicable regulatory developments.
Operational Excellence
- Review current processes and oversee implementation and development of systems and internal controls to required standards.
Qualifications
- Technical
- In-depth knowledge and experience of Regulatory reporting including CRR2 and CRD IV reporting Framework.
- EBA, PRA and FCA Regulations and UK Companies Act and relevant legislation.
- Key regulatory documents (ICAAP, ILAAP etc).
- Accounting rules and industry standards including IFRS.
- Finance Function in a financial institution.
- Financial planning, forecasting, budgeting and data analysis.
- Financial reporting and management information provision.
- General
- Experienced in Regulatory Reporting with over 5 years working in the regulatory reporting environment.
- Appropriate IT Skills to run reports and review data mapping on regulatory reporting software.
- Banking experience, particularly in an African Institution.
- Stakeholder management and cross functional engagement.
Regulatory Reporting Manager employer: UBA UK
At UBA UK, we pride ourselves on being an exceptional employer, offering a dynamic work environment that fosters professional growth and innovation. Our commitment to employee development is matched by our inclusive culture, where collaboration and integrity are at the forefront of our operations. Located in the heart of London, we provide our team with unique opportunities to engage with key regulatory frameworks while enjoying a competitive benefits package and a supportive atmosphere that values each individual's contributions.
StudySmarter Expert Advice🤫
We think this is how you could land Regulatory Reporting Manager
✨Tip Number 1
Network like a pro! Reach out to folks in the regulatory reporting space, especially those who work at UBA or similar institutions. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Showcase your expertise! When you get the chance to meet potential employers, be ready to discuss your experience with ICAAP, ILAAP, and other key documents. We want to see your passion for regulatory reporting shine through!
✨Tip Number 3
Prepare for the unexpected! Brush up on your knowledge of CRR2, CRD IV, and the latest regulations. You never know when a tricky question might come up during an interview, and we want you to be ready to impress.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining our team and contributing to our regulatory reporting excellence.
We think you need these skills to ace Regulatory Reporting Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Regulatory Reporting Manager role. Highlight your experience with regulatory documents like ICAAP and ILAAP, and showcase your knowledge of relevant regulations. We want to see how your background fits perfectly with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about regulatory reporting and how your skills align with our needs. Don't forget to mention any specific projects you've led that relate to Basel 3.1 or other key responsibilities in the job description.
Showcase Your Technical Skills:We’re looking for someone with in-depth knowledge of regulatory reporting frameworks. Make sure to highlight your technical skills, especially with CRR2 and CRD IV reporting. If you’ve worked with regulatory reporting software, let us know how you’ve used it to improve processes!
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. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at UBA UK
✨Know Your Regulations
Make sure you brush up on the key regulations like CRR2, CRD IV, and the specific reporting requirements for PRA and FCA. Being able to discuss these confidently will show that you're not just familiar with the terms but understand their implications.
✨Showcase Your Experience
Prepare to share specific examples from your past roles where you've successfully managed regulatory reporting or led projects like Basel 3.1 implementation. Use the STAR method (Situation, Task, Action, Result) to structure your answers and highlight your achievements.
✨Understand the Bank's Strategy
Research UBA UK’s strategic goals and how regulatory reporting fits into their overall mission. This will help you align your answers with their objectives and demonstrate that you're genuinely interested in contributing to their success.
✨Engage with Stakeholders
Be ready to discuss how you've effectively communicated with regulators and internal stakeholders in the past. Highlight your stakeholder management skills and how you ensure everyone is on the same page regarding compliance and reporting standards.
