London, United Kingdom•Blackpool•London
Remote
Senior
Full Time
hybridfull-timefinanceregulatory reportingsenior
Requirements
- •Significant experience of working in a regulated Financial Services environment within UK PRA, FCA and BoE reporting
- •Qualified ACA or equivalent
- •Understanding of retail banking products
- •Be able to represent the Bank to senior management as well as internal and external stakeholders
- •Have excellent people management skills/experience
- •Conceptual/ big picture thinking with prior of experience of leading transformation and ongoing improvements
- •Demonstrable experience of leading a regulatory reporting team through a material regulatory change programme
- •Experience of FCA consumer credit reporting, including PSD008/009, MLAR, or equivalent
- •Experience of writing regulatory interpretation papers and presenting technically credible positions to boards, ALCo, and regulators
- •Experience of contributing to system change projects from a regulatory reporting perspective
- •Experience of leading Recovery Plan or Solvent Exit Analysis work
What You'll Do
- •Lead and inspire the regulatory reporting team, responsible for production of full suite of regulatory reports and reporting of regulatory metrics
- •Develop metrics to manage the success and improvements of the regulatory reporting team
- •Lead initiatives to improve processes, controls and documentation in all areas impacting regulatory reporting, ensuring adequate sponsorship across the business
- •Lead the delivery of the automation and continued transformation of the Group’s regulatory reporting function
- •Lead the delivery of business insight and education so that the regulatory impact of new opportunities or growth of existing business is understood
- •Feed into commercial business plans
- •Maintain the suite of policy and governance documentation regarding the effective governance of regulatory reporting
- •Build relationships with second line risk and third line internal audit teams to foster highly effective relationships and 3LoD model
- •Provide regulatory input into system change and migration programmes, ensuring data flows into regulatory returns are maintained and validated throughout
- •Author and maintain formal regulatory interpretation papers for PRA, Board, and ALCo consideration
- •Manage the team's relationship with the data and technology teams, providing clear requirements for regulatory data sourcing, tape builds, and quality assurance
- •Liaise with and cultivate strong working relationships with Finance senior management, ensuring inclusion in all necessary forums and updates to enable the Regulatory Finance function to remain abreast of Group policies and interpretations of regulatory reporting developments as and when they occur
- •Keep up to date with all new changes to the UK regulatory environment, including the responsibility for horizon scanning of regulatory matters and the necessary interpretation of regulatory policies
- •Attend the Prudential Risk Working Group which is the key committee for review and approval of regulatory interpretations, ensuring that the Bank has an agreed position on future material regulatory changes
- •Principal user of the Bank’s online submission systems RegData and BEEDS
- •Provide analysis and commentary on significant items within the returns
- •Sign off on the sole and consolidated regulatory returns and deal with any external queries
- •Co-ordinate completion, review and submission of the returns to the regulator
- •Own the bank's Basel 3.1/ SDDT implementation from a regulatory reporting perspective, including COREP template updates, revised risk-weighting methodology, and associated interpretation positions
- •Provide regulatory input into key transactions relevant to the Bank, including return mapping across entities, process integration and regulatory implications
Benefits
- •25 days annual leave plus 8 days Bank Holiday
- •An additional day off for a ‘celebration day’ including, but not limited to, birthdays, weddings, religious holidays, graduations etc
- •Buy or sell up to 5 days holiday a year
- •Healthcare cash plan through Westfield Health
- •Life Assurance at 3 x salary
- •Electric Vehicle salary sacrifice scheme
- •Cycle to Work salary sacrifice scheme and a free helmet
- •Salary sacrifice Pension contribution, 4% employee contributions matched with 4% Tandem contribution (*Subject to salary eligibility)
- •Smart Tech scheme (buy goods with 0% interest)
- •10% discount on solar panels
- •Tandem Hub for treats, cash back and discounts on UK retailers
- •2 days per year paid volunteering
- •Free cereal, snacks and drinks in all offices
- •Quarterly team social budgets
- •Volunteer 14.25 hours a year for charity > receive a half day on a Friday
- •Take part in a fundraising event > Tandem will match up to £200 a year
- •Have renewable energy at home > receive an additional 1-day annual leave
- •Drive an electric car > receive £500 towards a home charger
- •Use public transport or have a low emissions/hybrid car > entry into a £200 prize draw
- •Sign up to cycle to work scheme > receive £30 voucher for a cycling helmet
About Tandem Bank
Tandem is bank and financial management company that helps save, borrow and spend money.
London, UK
500 - 1000
Banking