The Regulatory Reporting Manager will be responsible for prudential and statistical reporting across the company with a focus on keeping pace with the continuing change of the regulatory reporting environment and developing further efficient, effective reporting. This role will handle a wide range of data and reports and enjoy a broad range of responsibilities.
Duties include:
- Responsible to produce the full suite of regulatory reports (COREP / FINREP / MFSA / CBM) and the internal reporting of regulatory metrics
- Ensure all reporting requirements are met within deadlines and to the highest standard of accuracy, including performance of regular data quality checks and relevant reconciliations
- Review and challenge data inputs and outputs, ensuring that regulatory information is prepared and disclosed in a consistent manner
- Produce regulatory ratios on a daily basis or an ad-hoc basis upon a request from regulators or management, as well as projected ratios
- Provide prompt replies to queries received from the supervisory authorities or management, as well as any necessary follow ups
- Ability to explain regulatory concepts and reporting requirements, including capital calculations, ratios and workings
- Support initiatives to improve processes, controls and documentation
- Support the development of regulatory reporting to accommodate business growth plans as well as manage project work relating to new regulatory reporting requirements
- Maintain an up to date and detailed understanding of regulatory reporting requirements including applicable regulators’ guidance such as EBA Single Rulebook with accompanying Q&A, and ensuring that these are reflected in policies and procedures, and regulatory reports
- Lead and assist in the implementation of new regulatory reporting IT systems, including business analysis, user acceptance testing and maintaining user specifications/requirements
- Provide guidance to junior finance staff and other departments on the interpretation of relevant prudential regulations
- The ideal candidate would possess at least 3 years of experience working in a similar position
- A good understanding of the CRR, CRD IV/V and MFSA Banking Rules
- Experience within a Credit or Financial Institution
- Knowledge of a regulatory reporting software would be considered an asset
- The individual would ideally hold a Banking or related degree level of qualification