Job description
Regulatory Reporting Manager (Part TIme)
- 230000U8)
In a nutshell
You’ll be working closely with the existing regulatory reporting manager, ensuring delivery of the Bank’s prudential regulatory reporting obligations to the PRA/BoE/EBA etc within a controlled environment, alongside the production of internal analysis related to the ongoing monitoring of capital adequacy and liquidity.
You’ll maintain regulatory interpretations and policies for the Bank in compliance with prevailing regulations and guidance, with timely horizon scanning and implementation of forth-coming developments. You’ll also ensure that the regulatory reporting function matures in line with best practice and regulatory expectation, including driving improvements to systems, processes and controls where appropriate.
This is a part time position, working 3 days per week. Although this is a hybrid role, you will be required to work from the Edinburgh office on a regular basis.
What you need to do
- Be responsible for the technical interpretation and policy development for the Bank’s regulatory reporting, presenting to ALCO.
- Ensure that the impact of business changes (eg new propositions) are implemented appropriately into BAU regulatory reporting.
- Provide support to the wider business (eg Capital Planning, Prudential/Treasury Risk) on regulatory capital/liquidity interpretations to ensure alignment of reporting with forecasting and planning.
- Manage the Regulatory Reporting team effectively, encouraging their development and fostering a culture of continuous improvement.
- Develop and maintain relationships with stakeholders across the business (eg Finance Operations, Treasury, Risk, Data Management, Strategy and Planning) to enable the flow of information between teams.
- Face off to change teams and other stakeholder groups to ensure regulatory reporting systems are fit for purpose and appropriately controlled.
- Support process and control improvement by identifying areas of risk within the Bank’s end to end reporting processes and ensure that controls are adequate to mitigate risk to an acceptable level.
What you need to know and show
- Qualified accountant with proven experience.
- Significant financial/regulatory reporting experience and knowledge of IFRS and regulatory reporting for banks.
- Prior experience of leading teams responsible for regulatory reporting in the financial services sector, preferably in retail banking.
- Some knowledge of secured funding structures would be beneficial but not essential.
- Excellent written and verbal communication skills, with the ability to communicate effectively across all levels of the organisation, e.g. able to translate complex / technical issues to meet the audience's competency level.
- Highly numerate, with excellent analytical and problem solving skills and attention to detail.
- Strong relationship management skills.
Our benefits
In addition to the all-important competitive salary, pension & bonus offering, we totally get that life outside work is important to us all. So, we want to shout out some of our other great benefits…
- We offer flexible working to help you achieve a good work/life balance.
- Opportunity to buy extra holidays is on the table.
- Discounts on your weekly shop, buying a laptop or sofa? We’ve got it covered through your Sainsbury’s, Argos and Habitat store discount card.
A little about us & our culture
We’re proud of our heritage as the UK’s first supermarket bank. As digital technology drives the banking landscape we want to be at the cutting edge of this technology, offering award winning innovative digital banking products to our customers. Technology is where we see our growth therefore, we need innovators to join us and drive the next phase of our evolution.
We’re a friendly bunch who collectively share a passion to make our customers’ financial lives easier. As part of the wider Sainsbury’s Group, being one of the UK’s most trusted brands, it brings our colleagues a wealth of opportunities to fulfil their potential. Here, you can be part of something bigger and help to create a new approach that puts the customer at the heart of everything we do.
Everyone is welcome at the Sainsbury’s Group, and we’re proud to be an equal opportunities employer that champions a diverse and inclusive culture that reflects the diversity of the communities we serve.
Work-life balance is important to us, so we offer our colleagues as much flexibility as possible in line with the needs of their role. We trust them to decide how, where and when they work, combining remote and collaborative working with a flexible approach to hours within their working days, giving plenty of time and space for life outside of work whilst delivering against our business goals.
If you’re interested in applying and are excited about working with us but are unsure if you have the right skills and experience – we’d still love to hear from you! We’d also be happy to discuss more flexible working options such as job shares and part time working.
As this role involves working within a regulated environment any offer will be subject to satisfactory background checks including criminal record check, credit check, fraud check and employment references.
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