Reporting Specialist

Principal Recruiter | Finance, Risk & Procurement Specialist | The Adecco Group | Pontoon Solutions AVP – Regulatory Reporting – Large Exposure Monitoring

London/Hybrid

6 month contract

Our commitment is to provide equal opportunity regardless of, for example, your gender, age, ethnicity, disability, sexual orientation or beliefs. We also engage with employers to develop programmes and pathways that embrace diverse talent and promote more inclusive employment worldwide through partnerships and other initiatives. We recognise and celebrate the value of difference and how it makes us faster, smarter and more innovative than our competition.

My client is one of the largest financial institutions headquartered in Japan, with an established presence across all consumer and corporate banking businesses. Through its subsidiaries and affiliates, they offer a diverse range of financial services, including commercial banking, leasing, securities, credit card, consumer finance and other services.

They are looking for a Regulatory Reporting AVP on an initial 6 month contract. You will be expected to work Monday to Friday standard office hours with the occasional need to work outside of these hours inline with business needs. The position is hybrid working being in the office 2-3 days a week with the remainder of time working from home, you will be expected to align working days with colleagues initially whilst training in the position.

The Regulatory Reporting team is responsible for both the internal management information for the daily and monthly monitoring of capital and liquidity adequacy and large exposure, as well as production and submission of the regulatory returns to the regulators, including the Bank of England, PRA and FCA. The team is also involved in the organisation’s annual ICAAP, ILAAP and RRP process, as well as responsible for compiling the Pillar 3 documents.

The role is primarily responsible for supporting the daily regulatory large exposure monitoring process and for producing management information that supports related decisions and investigations.

• Responsibility for daily large exposure monitoring against regulatory and internal limits.
• Manage and further develop the large exposure communications & approval framework with Front Office, Risk Management and Planning around banking & trading book limits and permitted internal limit excesses.
• Daily communications to senior management in relation to regulatory prudential ratios monitoring and group collateral reporting.
• Subject Matter Expert (SME) for regulatory large exposure monitoring framework.

• Daily large exposure monitoring process associated investigations and resolution of potential internal or external limit breaches.
• Management of the daily group collateral process including associated investigations and adjustments.
• Support the preparation of quarterly COREP reports related to credit risk and large exposures.

• Bachelor’s degree or equivalent required.
• Industry experience in working for a comparable institution required.
• Expert knowledge of regulatory large exposure rules and reporting requirements under the UK / European Capital Requirements Regulation required.
• Experience in producing regulatory large exposure reporting (COREP COR
  002) required.
• Knowledge and exposure to banking and capital markets products from credit risk and large exposure perspective required.
• Strong communication and influencing skills required.
• Proven ability to work with large amounts of financial and risk data required.
• Strong experience in delivering financial or risk reports under pressure without compromising on accuracy…