An SME Bank based in Central London are seeking a Head of Regulatory Reporting to join the Finance Team on an Interim basis. This position will cover the role for the next 2-4 months and, if you are seeking a longer-term opportunity, could become permanent.
To be successful in this role it is vital that you are a Qualified Accountant with a depth of experience in regulatory reporting, including COREP and Liquidity. You also need a track record of managing people and be able to start in December or January.
The responsibilities are varied and include business as usual and projects. They include:
Oversight and production of all regulatory returns including COREP.
Managing experienced Regulatory Reporting Accountants
Provide support to Treasury and Risk in the monitoring of liquidity through enhanced MI
Support the provision of updates on new up-coming regulatory requirements
Increase automation through systems and process change and improve controls around period-end close,
Ensure deadlines are met and present the data to the Head of Finance Initiating and implementing processes and control improvements
Initially there are two projects that you will take lead on:
1. Improving the governance and control framework through documenting policies, procedures, interpretations and key assumptions.
2. Migration of liquidity reports to a new system which will reduce report production time.
You will be a qualified accountant with regulatory reporting experience from a Bank. COREP and Liquidity reporting is essential alongside the ability to be hands on as well as oversee tasks. The team work closely together and as an interim you need to be able to build rapport quickly and add value from the outset.
The day rate is £550 - £650 per day