Regulatory Reporting Manager

Location Mosta
Discipline: Compliance, Regulatory
Contact name: Francesca Buhagiar

Contact email: [email protected]
Job ref: 15867
Published: about 1 year ago
Our client within the financial services industry is seeking to recruit a Regulatory Reporting Manager. 

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