TCM Policy - Senior Analyst

Social network you want to login/join with:

Summary

Capital Management and Regulatory Reporting

Treasury & Capital Management has two key areas: TCM Policy, Planning & Reporting and Corporate Treasury.

TCM Policy, Planning & Reporting has three key activities:

1. TCM Reporting and Stress Testing: Responsible for calculating and reporting the Bank's capital and liquidity positions, prudential returns to PRA and BoE, and internal management reports. Governance is exercised via the quarterly RegGov forum. It also involves providing regulatory information to ICBC Head Office departments and supporting submissions to the NFRA.
2. Budgeting, forecasting, and stress testing: Monitoring capital supply and demand, running stress tests under market scenarios.
3. TCM Control and Change: Ownership of reporting systems, managing system changes, and maintaining control frameworks including reconciliations, reviews, and risk monitoring.

The TCM Policy and Business Liaison team ensures regulatory compliance, manages policy interpretation, and supports business initiatives, representing the firm at industry forums.

Job Purpose

This role within the TCM Policy Team focuses on assessing regulatory requirements related to capital, large exposures, leverage, funding, and liquidity. The individual will liaise with reporting teams, business areas, and other departments to manage regulatory change processes, ensuring proper interpretation, documentation, and implementation. It involves high-level discussions with senior management.

Key Strategic Objectives

• Strengthen controls around TCM reporting to ensure compliance with regulatory calculations and policies.
• Develop relationships across departments to support new initiatives and regulatory changes.
• Support bank-wide change initiatives driven by regulators.

Key Responsibilities

• Maintain policies and interpret regulatory requirements, including analysis of Basel and UK/Chinese regulations.
• Assess impacts of regulatory updates and communicate changes internally.
• Coordinate with TCM Change and Control to implement system changes from regulatory updates.
• Support core regulatory change projects and engage industry bodies.
• Contribute to governance documentation and assess implications of new transactions.

Strengthening Interactions and Controls

• Review data attributes and processes supporting capital, liquidity, and balance sheet reporting.
• Design control improvements and ensure policy calls are understood and documented.
• Assist in review and documentation of policies and practices, including post-implementation reviews.

Stakeholder Engagement

• Prepare briefings and presentations for senior management and committees.
• Engage with front office, risk, and finance to understand product impacts.
• Support capital planning, stress testing, and reporting processes.

Preferred Qualifications and Experience

• Qualified accountant or working towards qualification.
• Interest and background in UK/EU Prudential Regulatory topics, Basel 3.1, CRR/CRD.
• Experience in regulatory policy or reporting in banking or consultancy.
• Knowledge of wholesale/investment banking products, derivatives, and SFTs.
• Proficiency in Microsoft Office tools is beneficial.

Suitability for the Role

The role suits someone who:

• Prefers working in a controlled environment with policies and procedures.
• Has an interest in accounting and regulatory concepts.
• Is a good communicator and collaborates well across teams.
• Is self-motivated, curious, and eager to learn.
• Is organized, attentive to detail, and capable of prioritizing tasks.
• Possesses analytical and problem-solving skills.
• Wants to understand end-to-end processes and proactively resolve issues.