Regulatory Capital reporting Director- top tier Bank

A top tier bank is looking for capital reporting specialist to bolster their Regulatory reporting team. The business operates a hybrid working policy of 3 days in the office and 2 at home (further flexibility may be required at busy times). This role is offered at Director level and it's main purpose is To identify, assess and mitigate prudential regulatory reporting risks, provide oversight on regulatory reporting, and maintenance of open communication with regulators to ensure that the bank's activities and operations comply with all applicable laws, regulations, and internal control policies.

Key deliverables

• A director is expected to manage a business function, providing significant input to function wide strategic initiatives. Contribute to and influence policy and procedures for the function and plan, manage and consult on multiple complex and critical strategic projects, which may be business wide.

• Identification and assessment of prudential regulatory reporting risks arising from the bank's activities, products, and services. Development and implementation of strategies to mitigate prudential regulatory reporting risks, ensuring compliance with all applicable laws, regulations, and internal control policies, and conduct regular compliance reviews and audits to identify and address potential compliance gaps or violations.

• Assessment of the effectiveness of the bank’s internal control processes and governance framework, including addressing any weaknesses or gaps that could lead to regulatory reporting non-compliance, and implementation of measures to strengthen internal controls.

• Preparation and submission of regulatory reports to authorities, and provision of support to other departments in their preparation and review of regulatory reports.
• Analysis and presentation of regulatory data to provide insights into business performance, identify trends, and support decision-making.

• Development and implementation of training programmes to educate employees on regulatory requirements and compliance responsibilities.

• Communication and liaising with regulatory bodies, prompt responses to inquiries and provision of requested information, and representation of the bank in meetings with regulators.

• Management of the selection, implementation, and maintenance of regulatory reporting systems and software applications, including collaboration with IT colleagues to integrate regulatory reporting systems with other enterprise systems.

Experience required

Ideally you will be a qualified accountant (individuals without the qualification but with relevant experience are still invited to apply)

with 10+ years of regulatory, capital reporting experience leading and managing teams both on-shore and off-shore from a top tier Investment bank.

High level of integrity, leadership and communication skills