The position is within the Capital Reporting Regulatory department of Finance. The group is a service-orientated business comprised of specialised individuals with knowledge and expertise in understanding, managing and delivering financial information to our regulators. The group is also dedicated to adding value and improving efficiency, quality and controls.
The regulatory finance department is a high profile function, providing financial information to the Prudential Regulation Authority ("PRA"), Financial Conduct Authority ("FCA") and the Bank of England, as well as producing financial information for submission to the German regulator.
The production responsibilities within UK Regulatory Reporting are split into two main areas: Capital Reporting, and Financial Reporting.
Daily production of Market Risk and Credit risk Requirement under Standardised Rules for management reporting
Preparation of COREP related returns for JPMorgan AG
SME on regulatory capital calculations
Analysis and challenge on regulatory capital drivers and key variances
Focus on control environment and monitoring / driving process efficiency - including continual challenge of operating model
Support for the production of credit risk elements within daily monitoring process for both capital solvency and large exposure inputs
Involvement in projects and policy matters that impact the legal entity and the financial reporting function.
Provide ad hoc MIS reporting and analytics when required by management.
Developing network and acting as a contact within the Reg team for other areas of Finance and the Business
Familiarity with current regulatory rules (CRD4) and reporting requirements (COREP)
Familiarity with SACCR/FRTB rules and reporting requirements is an added advantage.
Proficiency in Microsoft Office - Excel, Access, Outlook, Word and Powerpoint
Qualification by experience within Financial Services industry
Good understanding of investment banking products including derivatives / financing transactions
Knowledge of banking products (deposits, loans, credit facilities)