EMEA Prudential Regulatory Reporting Director (Market Risk) London Eames Consulting Full time

Eames Consulting; London; Hybrid; GBP 90,000 - 120,000; Full time

Job summary

A leading global investment bank is seeking a Regulatory Reporting Director to oversee their Market Risk BAU team. This newly created role involves managing regulatory reporting processes, engaging with key stakeholders, and driving system developments. The position offers career progression and a hybrid working environment.

Qualifications

• Experience leading a prudential regulatory reporting team in a large investment bank.
• Proven expertise in RWA calculations and FRTB regulations.

Responsibilities

• Manage the Market Risk Regulatory Reporting team across London, Dublin, and Paris.
• Lead the Capital Reporting process focusing on Market Risk.
• Drive system development initiatives to improve efficiency and controls.

Skills

Leadership

Analytical Skills

Attention to Detail

Education

Qualified Accountant (ACA, ACCA, CIMA, or equivalent)

Tools

Axiom

Job description

EMEA Prudential Regulatory Reporting Director (Market Risk)

Global Investment Bank is currently hiring for a Regulatory Reporting Director to lead their Market Risk BAU team in London. This is a newly created role following a strategic expansion of the team and is an ideal opportunity for an experienced prudential regulatory reporting professional with strong market risk knowledge seeking their next leadership role.

Responsibilities:

1. Manage the Market Risk Regulatory Reporting team in London, Dublin, and Paris (10 FTEs).
2. Lead the Capital Reporting process (internal and external), focusing on Market Risk.
3. Oversee EU and UK capital calculations and reporting for 3 prudentially regulated entities, including RWA calculations and reporting across UK, France, and Ireland.
4. Review daily/weekly RWA calculations to support management of UK and EU entities.
5. Supervise external regulatory reporting and disclosures, including quarterly returns, manual adjustments, reconciliations, and variance analysis.
6. Drive system development initiatives to support rule changes and improve efficiency and controls, including UAT and post-deployment testing.
7. Participate in strategic system development projects, defining data and reporting requirements.
8. Collaborate with Front Office, market risk, model developers, and other stakeholders on capital management and RWA efficiencies.
9. Serve as the key contact for external regulators and internal stakeholders such as Risk, Internal Audit, and Compliance.
10. Lead issue management by identifying and resolving process and reporting issues.
11. Continuously improve regulatory reporting processes for better quality and efficiency.
12. Engage in ad hoc projects, including FRTB implementation and regulatory reporting infrastructure enhancements.

Requirements:

• Experience leading a prudential regulatory reporting team in a large investment bank.
• Strong knowledge of prudential reporting across Market Risk.
• Extensive managerial and leadership experience.
• Proven expertise in RWA calculations and FRTB regulations.
• Experience with CoRep and Pillar 3 disclosures.
• Involvement in FRTB implementation projects (preferred).
• Knowledge of Axiom (preferred).
• Qualified Accountant (ACA, ACCA, CIMA, or equivalent) (preferred).
• High ownership, analytical skills, and attention to detail.
• Interest and aptitude for understanding regulatory rules.

This high-profile role involves regular interaction with key stakeholders across the bank. It offers career progression and internal mobility opportunities. The bank provides a hybrid working environment with 3 days in the office.

Eames Consulting is acting as an Employment Agency for this vacancy.

Eames Consulting is a contingent recruitment business specializing in mid-to-senior level roles in insurance and finance sectors.