Head of regulatory reporting - US IB
- Employer
- Eximius Finance
- Location
- London, United Kingdom
- Salary
- £90k - £130k
- Closing date
- Apr 10, 2025
View more categoriesView less categories
- Job Function
- Accounting/Audit/Tax
- Industry Sector
- Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
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Key deliverables
Lead and manage the regulatory reporting team(5/6 across EMEA), providing direction, support, and development opportunities.
Ensure timely and accurate reporting to the relevant competent authorities (mainly the FCA and Bafin/Bundesbank). This includes MIFID PRU/IFR reporting for all European entities.
Ensure timely and accurate reporting of the key regulatory metrics (capital, liquidity, concentration) both as part of internal monitoring and dashboards.
Support the ongoing development of systems and processes to meet department needs for both new business and regulatory changes coming externally and internally. Includes support for testing regulatory reporting systems prior to implementation.
Work closely with the business areas and risk on capital planning exercises, internal assessment of risk and allocation of capital by business.
Work with the risk team around optimisation of existing regulatory treatment to support the firm's current and new business development.
Maintain key relationship with FCA and be gatekeeper on all escalations around reporting of breaches including those flagged by the regulatory reporting group.
Maintain key relationships with relevant industry associations to ensure the business views are considered in any relevant matters.
Produce Pillar 3 disclosure, working with reporting and risk team to source the various inputs into the document.
Work closely with risk on the development of the Internal Capital and Risk Assessment Process (ICARA - Pillar 2), including the solvent wind-down plan and business stress scenarios.
Qualifications/ Experience
Lead and manage the regulatory reporting team(5/6 across EMEA), providing direction, support, and development opportunities.
Ensure timely and accurate reporting to the relevant competent authorities (mainly the FCA and Bafin/Bundesbank). This includes MIFID PRU/IFR reporting for all European entities.
Ensure timely and accurate reporting of the key regulatory metrics (capital, liquidity, concentration) both as part of internal monitoring and dashboards.
Support the ongoing development of systems and processes to meet department needs for both new business and regulatory changes coming externally and internally. Includes support for testing regulatory reporting systems prior to implementation.
Work closely with the business areas and risk on capital planning exercises, internal assessment of risk and allocation of capital by business.
Work with the risk team around optimisation of existing regulatory treatment to support the firm's current and new business development.
Maintain key relationship with FCA and be gatekeeper on all escalations around reporting of breaches including those flagged by the regulatory reporting group.
Maintain key relationships with relevant industry associations to ensure the business views are considered in any relevant matters.
Produce Pillar 3 disclosure, working with reporting and risk team to source the various inputs into the document.
Work closely with risk on the development of the Internal Capital and Risk Assessment Process (ICARA - Pillar 2), including the solvent wind-down plan and business stress scenarios.
Qualifications/ Experience
- Bachelor's degree in Finance, Accounting, Economics, or a related field; advanced degree or professional certification (e.g., ACA or equivalent, CFA) preferred.
- Extensive experience in regulatory reporting within an investment banking environment.
- In-depth knowledge of UK and EU regulatory requirements, including MIFIDPRU and IFR.
- Proven leadership and team management skills.
- Strong analytical and problem-solving abilities.
- Excellent communication and interpersonal skills, there is significant exposure to senior individuals across the front, middle and back office.
- Ability to work under pressure and meet tight deadlines.
- Proficiency in regulatory reporting software and tools, specifically AXIOM would be beneficial.
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