Head of Regulatory Reporting

JR United Kingdom; London; On-site; GBP 80,000 - 100,000; Full time

Job summary

Join a rapidly growing and award-winning bank as the Head of Regulatory Reporting. You'll lead the implementation of regulatory systems, ensuring data integrity while managing financial risks. The role emphasizes collaboration and career progression in a dynamic environment.

Benefits

8% company pension contribution

Top-tier private medical cover

Death in service benefit

Mental health support

Enhanced maternity and paternity leave

Qualifications

• Experience in a similar regulatory reporting role within financial services.
• Strong understanding of regulatory reporting requirements.
• Experience in balance sheet management.

Responsibilities

• Leading the implementation of Regulatory Reporting systems.
• Producing and preparing regulatory returns, including COREP and FINREP.
• Supporting the wider finance team in balance sheet reporting.

Skills

Leadership

Communication

Proactive attitude

Tools

ALMIS

Job description

Join one of the UK’s fastest growing and award-winning banks.

We are a team of ambitious, passionate, hardworking, and committed people who have successfully created and launched one of the UK’s newest specialist property finance banks. As we embark on an exciting journey of growth, we are seeking exceptional new team members who possess both the ambition and drive to contribute to our vision. At GB Bank, we believe that career progression should not only be achievable but also accelerated, enabling our employees to reach their potential in a supportive and dynamic atmosphere.

Our environment is fast-paced and collaborative, where your efforts are recognized, rewarded, and make a tangible impact. We take pride in fostering an open and inclusive culture that not only embraces change but also encourages continuous learning and professional development.

In this role, you will:

The Head of Regulatory Reporting is responsible for the timely and accurate production of regulatory reports and data submissions to banking regulatory authorities, facilitating the monitoring of capital, liquidity, and other financial risks facing the bank.

Key responsibilities include:

1. Leading the implementation of Regulatory Reporting systems into the bank’s operating model, ensuring data integrity for timely and accurate reporting.
2. Producing and preparing regulatory returns, including COREP and FINREP, in accordance with legislation.
3. Maintaining up-to-date awareness of prudential requirements under CRR and CRD, and reflecting these in reporting processes as requirements evolve.
4. Providing advice on regulatory requirements during new product development, ensuring data needs are met for accurate reporting.
5. Ensuring a robust control environment around regulatory return production, with clear documentation and governance, including reconciliation of reports to core financial data.
6. Supporting the wider finance team in balance sheet reporting, including Asset and Liability Committee activities, managing exposures to capital, liquidity, funding, and interest rate risks.
7. Developing models to support risk analytics related to interest rate and capital risks.
8. Leading the implementation and managing the bank’s ALM systems, supporting the CFO’s operational responsibilities.
9. Providing support to the Financial Planning and Analysis team on financial forecasts, ensuring compliance with capital and liquidity standards.
10. Supporting the development of ICAAP, ILAAP, RRP, and Pillar III reports.
11. Acting as a key contact for regulator engagement.
12. Assisting the CFO in strengthening the finance function.

A bit about you:

• Experience in a similar regulatory reporting role within financial services.
• Strong understanding of regulatory reporting requirements.
• Experience in balance sheet management, with knowledge of capital and liquidity management.
• Experience with ALMIS is preferred.
• Proactive attitude with the ability to meet deadlines.
• Excellent team support and development skills.
• Ability to manage multiple priorities effectively.
• Proven leadership in team building and management.
• Effective communication skills to influence and motivate.
• Willingness to take on new challenges within a dynamic finance environment.

What we can offer you:

• 8% company pension contribution plus 3% personal contribution, with options to increase.
• Top-tier private medical cover with WPA, including no excess and family coverage options.
• Death in service benefit of 4x base salary with Aviva.
• Mental health support via helpline and counselling.
• Enhanced maternity, paternity, and adoption leave policies.

Additional information:

• Location: London, initially 4-5 days in the office.

We are an equal opportunities employer and welcome applications from all qualified candidates, regardless of age, sex, race, disability, sexual orientation, gender identity, religion, marital status, or pregnancy.

At GB Bank, we prioritize privacy and data protection. Please review our Privacy Notice regarding recruitment before applying.