RWA regulatory reporting manager, Contract, London
The successful Regulatory reporting manager will play an important role in helping develop the analysis and understanding of the assets and risk factors (both credit and market) that go towards determining the regulatory capital requirements and associated reportage for the business units and at a more granular level the business teams that sit within them. This will include detailed analytical review of reported changes (to previous reporting periods) and regular formal review with management, to provide explanation and to support the understanding required by, and leading to, senior managerial attestation. This role will help provide an important link between the IT, Risk, and Finance functions, working in a changing and challenging area of Finance for the delivery of capital (RWA) and associated balance sheet management and reportage for Integration purposes. The support and understanding of new business and complex transactions, both in terms of regulatory requirements and internal booking processes, is also key. Key responsibilities will include the following: * Assisting in the review of monthly capital reports and returns and ensuring these are reconciled to the General Ledger in line with given deadlines. * Key assistance to the Regulatory Reporting Senior Manager on any regulatory issues. * Identification and clarification of improvements required to the reporting data, requiring a thorough understanding of Risk Weighted Asset (RWA) calculations and Basel II guidelines. * Testing & confirming the results of any system changes required, requiring good understanding of the system flows & RWA calculation components. * Assisting in the review & sign off all manual adjustments made to capital reporting data, and being confident in explaining & quantifying these to auditors, both internal and external. * Closely overseeing the Pillar III reporting, and acting as cover for the entire reporting process, requiring attention to detail and a good understanding of the Pillar III requirements. * Reviewing analysis of significant movements month on month and providing management information where applicable. * Identifying, implementing, & monitoring CI initiatives relevant to the team * Maintaining a close relationship with Credit Risk, Market Risk & Finance personnel to ensure queries on data can be and is effectively followed up. The role would suit an individual with attention to detail who is able to use their skills and knowledge to influence and enhance the regulatory reporting process. A sound knowledge of Basel II requirements and/or balance sheet management is required. Applications from those wishing to work flexibly are welcome Key Skills: - Procedural / Product / Specialist Knowledge (Key) - Basel II knowledge (Essential) - Oral Communication - Written Communication - Self/Work Organisation - Analytical Skills (Key) - Familiarity with General Ledger / Accounting terminology - Experience of regulatory reporting (Essential) To be considered for this superb 6 month contract opportunity, please respond ASAP with an up to date CV, a paragraph or two about your suitability for the role and your working availability. Suitable candidates will be contacted directly. KEYWORDS: ACCOUNTANT, ACCOUNTANCY, "GENERAL LEDGER", GL, RWA, "RISK WEIGHTED ASSET", "BASEL ii", "BASEL 2", "PILLAR 3", "PILLAR iii", "REGULATORY REPORTING", REGULATION, RISK, CONTRACT, LONDON To find out more about Huxley Associates please visit www.huxley.com
City Of London
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