Reporting Specialist

Adecco; England; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading recruitment agency seeks an AVP for Regulatory Reporting to oversee daily large exposure monitoring and produce management information to support decision-making. The role requires a Bachelor's degree and significant experience in financial sectors, strong analytical skills, and detailed knowledge of UK/EU regulatory requirements. Key duties include managing regulatory limits, preparation of COREP reports, and acting as an SME for the team. This position offers a 6-month contract with a day rate of £450, located in London on a hybrid basis.

Qualifications

• Bachelor’s degree or equivalent required.
• Industry experience in working for a comparable institution required.
• Strong experience in delivering financial reports under pressure.

Responsibilities

• Manage daily large exposure monitoring against regulatory limits.
• Support preparation of quarterly COREP reports.
• Act as Subject Matter Expert for large exposure monitoring framework.

Skills

Expert knowledge of regulatory large exposure rules

Strong communication skills

Ability to work with large financial data

Strong numerical skills

Proficient in MS Excel

Education

Bachelor's degree or equivalent

Tools

PowerBI

SQL

Job description

AVP – Regulatory Reporting – Large Exposure Monitoring

London / Hybrid

6 month contract

Day rate £450 via Umbrella Company

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.

The Team

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.

Purpose of Job

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

Duties

• 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.

Accountabilities & Responsibilities

• Daily large exposure monitoring process associated investigations and resolution of potential internal or external limit breaches.
• Intraday large exposure monitoring.
• 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.

Knowledge, Skills, Experience & Qualifications

• 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 COR002) 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 and attention to detail required.
• Proven experience in condensing complex risk and financial data into reports for senior management consumption required.
• Experience in communicating complex change requirements to key stakeholders required.
• Expert at working with MS Excel required, PowerBI and SQL desirable.
• Strong numerical and financial skills required.

Candidates must show evidence of the above in their CV to be considered.