Manager, Regulatory Reporting

Standard Chartered; City Of London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A major international bank is seeking a Manager for Group Capital Regulatory Reporting in London. This role involves overseeing the prudential supervisory reporting and disclosure for Capital and providing expertise in regulatory capital metrics. The successful candidate will need at least 6 years of regulatory reporting experience and a Bachelor's degree. The position includes flexible working options and various benefits.

Benefits

Core bank funding for retirement savings

Medical and life insurance

Flexible working options

Proactive wellbeing support

Continuous learning culture

Qualifications

• Minimum 6 years of experience in regulatory reporting, particularly COREP reporting of RWAs, Large Exposures or other regulatory returns.

Responsibilities

• Work with the Regulatory Reporting Senior Manager to report to the PRA financial and risk information.
• Provide expertise in regulatory capital calculations and guidance to business units on PRA rules.
• Ensure timely submission of GCRR processes and develop controls.

Skills

External Reporting

Risk & Controls

Regulatory & Compliance

Advanced data manipulation and analysis in Excel & SQL

Excellent stakeholder management and communication

Education

Bachelor’s degree

Job description

Job Summary

The Group Capital Regulatory Reporting (GCRR) is responsible for the production, control and delivery of the Group’s key prudential supervisory reporting and disclosure for Capital, Large Exposures and Leverage, including COREP and Pillar 3, as well as relevant parts of the Annual Report and Interim Management Statements. The team is based in London and supported by teams in India, Poland and Singapore. They play a key support and liaison role for country regulatory teams, global functions such as Risk, Compliance and Treasury, Investor Relations and the Bank of England. GCRR also acts as a centre of subject matter expertise in internal assessment of new regulations, delivering quantitative impact studies, supporting change functions and Financial Planning and Analytics, advising senior management and participating in industry groups and external stakeholders. The team has responsibility for reporting/disclosure requirements including COEP own funds, leverage, large exposures and Pillar 3. This is delivered by a team of ~12 in the UK and ~90 located in Chennai, Bangalore and Poland. The team works closely with the Group Financial Reporting team and are key stakeholders in the quarterly disclosure process. They design and operate the control framework, identify and raise change requests for Finance Change to action and perform user acceptance testing. This role of Manager – Group Capital Regulatory Reporting reports to the Regulatory Reporting Senior Manager covering various aspects of BAU capital reporting team covering the Credit Risk, Counterparty Risk, CVA, Securitisation, Leverage and Large Exposure parts of the COREP returns and associated disclosures, GSIB, QIS and Pillar 2. Full and part‑time applicants will be considered for this role.

Key Responsibilities

• Strategy – Work with the Regulatory Reporting Senior Manager to report to the PRA financial and risk information for Common Reporting (COREP) and other reporting deliverables. Provide external market regulatory reporting and ad hoc regulatory submissions, and contribute to the development and implementation of regulatory projects.
• Business – Understand the Group’s businesses and products and how they impact regulatory capital metrics. Provide expertise in regulatory capital calculations, systems and processes, and guidance to business units on PRA rules under Basel 3.1 and taxonomy changes.
• Processes – Ensure timely submission of GCRR processes covering COREP, Own funds, Large Exposures, Securitisation, Leverage, Pillar 2 and G‑SIB. Develop and maintain controls, use Excel and SQL for data extraction and analysis, review variances and contribute to Capital Data Quality Forum. Lead on Moody’s Risk Authority and Axiom UAT & signoffs for system updates.
• People & Talent – Build strong working relationships across geographical locations, technology and risk teams. Liaise with Regulatory Reporting Policy and provide subject matter expertise on COREP reporting to PRA.
• Risk Management – Execute under the relevant operational risk framework processes – Group Capital Regulatory Reporting. Design or amend and implement suitable controls across the suite of regulatory capital metrics reported by Financial Regulatory Reporting.
• Governance – Responsible for design and execution of BAU control framework including policies, standards and monitoring of controls.
• Regulatory & Business Conduct – Display exemplary conduct, embed the highest standards of ethics and effectively identify, mitigate and resolve risk, conduct and compliance matters.
• Key stakeholders – Liaise with senior stakeholders in Group Risk Functions, SCB Businesses, Regulatory Policy, Treasury, Group Financial Reporting, Country functions, Compliance, Investor Relations, Finance Change and Project teams.
• Other Responsibilities – Embed Group’s brand and values in all interactions with team members and internal and external stakeholders.

Skills and Experience

• External Reporting
• Risk & Controls – Drive functional change across regulatory capital reporting policy and processes
• Regulatory & Compliance – Basel and UK regulatory rules, including capital, leverage, large exposures
• Advanced data manipulation and analysis in Excel & SQL
• Excellent stakeholder management and communication skills at all levels

Qualifications

• Education – Bachelor’s degree
• Training – Minimum 6 years of experience in regulatory reporting, particularly COREP reporting of RWAs, Large Exposures or other regulatory returns

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.

Together we:

• Do the right thing – are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle – continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Are better together – we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

• Core bank funding for retirement savings, medical and life insurance – with flexible and voluntary benefits available in some locations
• Time‑off – including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum
• Flexible working – options based around home and office locations, with flexible working patterns
• Proactive wellbeing support – through Unmind, a market‑leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first‑aiders and all sorts of self‑help toolkits
• A continuous learning culture – to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning
• Being part of an inclusive and values driven organisation – one that embraces and celebrates our unique diversity, across our teams, business functions and geographies – everyone feels respected and can realise their full potential