Prudential Regulatory Change & Control Manager - 12m FTC

Established Banking group is currently hiring for a Prudential Regulatory Change & Control Manager to join their London team on a 12m Fixed Term Contract. This is a newly created role and will join a team of 3 working closely with 2 strong internal candidates in a dedicated regulatory change team.

This is an ideal opportunity for a prudential regulatory reporting professional with strong projects experience who is looking to move into a dedicated reg change role. The key role purpose will be to implement required Basel 3.1/ Remediation changes to calculations, reporting and documentation. The role will also have close involvement in a remediation project to enhance controls and processes across the regulatory reporting team

Responsibilities:

• Key point of contract with the Head of Regulatory Policy to understand and document impact of forthcoming Basel 3.1 rules
• Write business requirement documents for required changes to current processes
• Develop processes as required, ensuring they meet the requirements of the end-user computing standard where applicable
• Updating procedure documentation and assist with documentation of new interpretation and assumptions
• Liaising with business finance teams and IT teams to source additional data requirements
• Write basis of preparation documents for new or updated returns
• Perform user acceptance testing (UAT) on changes
• Identify areas for change by reviewing processes with the reporting team and compile list of enhancements for prioritisation and work with the reporting team to implement and test improvements to the reporting processes
• Work with Finance Assurance team to understand necessary control enhancements and remediate as required across the business finance teams and regulatory reporting team
• Ensure processes are well documented and meet the requirements of the end-user computing standard
• Engage with the business finance teams to ensure assumptions and adjustments used for producing data used in regulatory reporting are well understood, documented centrally and subject to appropriate governance

Requirements:

• Extensive Prudential regulatory reporting experience and detailed knowledge of prudential capital regulations - Essential
• Proven experience and appetite for implementing change within a strong control environment - Essential
• Knowledge of prudential liquidity regulations - Desirable
• Advanced Excel & Powerpoint Skills
• Qualified Accountant - Highly Desirable

This is a high profile role across the bank with regular interaction with key stakeholders across Finance, Risk & Treasury so it is therefore essential that you hold excellent interpersonal skills. The bank offers a hybrid flexible environment with 2-3 days in the office and offers realistic opportunities for a permanent role in the future.

***Please note visa sponsorship is not available for this role***

Eames Consulting is acting as an Employment Agency in relation to this vacancy.