Manager - Regulatory Reporting - CA - Bank

Manager - Regulatory Reporting (Bank) Location: Gurgaon

Job Description :

Location : Cyber City Gurgaon, building No. 5

Designation : Regulatory Reporting Manager

Salary : Rs. 18 LPA - Rs. 24 LPA.

Job Description : Key Responsibilities / Accountabilities :

- Calculations and reporting which underpin the Bank's regulatory reporting requirements.

- Ownership of daily capital adequacy and Early Warning Indicator internal reporting.

- Calculation of own funds, deductions, transitional provisions, minority interest (depending on the capital structure changes) etc.

- Calculation of the leverage ratio.

- Ownership of COREP returns regarding capital adequacy, leverage, group solvency and operational risk returns including submission via third party software and Gabriel.

- Ownership of Bank of England reporting of balance sheet and income statement related information (e.g. BT, ELS, CA, CC, CL, CX, FI, C1, PL).

- Ownership of PRA reporting of balance sheet, income statement, forecast and provision related information (FSA001, FSA002, FSA014, FSA015, FSA017).

- Liaise with Compliance & CRO to update and report on close links and controllers reports (annual and event driven) to PRA.

- Input into Pillar 3 public disclosure process.

- Detailed Analysis and Analytical reviews and trend analysis of all regulatory reporting results; and Provide detailed analysis and commentary on movements in capital usage and monitoring versus internal limits.

- Presentation of executive summaries to senior management including CFO for sign-off prior to return submission.

- Input into and collation of responses to regulator queries.

- Provision of Management Information, both pre-defined and ad-hoc.

- Responsible for maintaining a robust control environment over the regulatory reporting process resulting in an efficient and effective reporting framework.

- Management of internal and external audit requests; and any necessary return re-submissions.

- Drive projects to re-engineer systems and processes and prepare for changes in regulations.

- Work closely with the UK Financial Controller and provide input into internal policy forum discussions regarding interpretation of regulations and guidance.

- From time to time it will be necessary for the successful candidate to perform tasks outside the immediate job scope outlined above, as deemed appropriate by management.

Desired Candidate Profile : Qualifications & Key Skills

- Good academic background: Degree 2:1

- Accounting qualification (Chartered Accountant)

- Prior experience of BoE reporting and COREP reporting, preferably in a Commercial / Retail banking environment

- Essential knowledge of the European Capital Requirements Regulation (CRR), in particular regarding own funds and leverage

- Essential knowledge of Bank of England and PRA financial returns

Candidates Must Have Banking Background And Be A Chartered Accountant.

About The Client :

Our client is a new bank in the UK. The company has raised initial equity funding and is undergoing the regulatory mobilisation process. With over 60 employees worldwide and offices in London, Manchester and India, the company is backed by an investor group with long term horizons and deep experience in funding and building innovative financial services companies.

Our client is building a business which supports small and medium sized enterprises, with a particular focus on helping fast growing entrepreneurial businesses realise their potential. Their aim is to combine technology and traditional lending typically enjoyed by large corporates, to provide SMEs with a suite of financing solutions that they don- t currently have easy access to, whether in the form of working capital finance or term lending.