Regulatory Reporting Analyst

JOB PURPOSE & KEY RESPONSIBILITIES

Group Capital Regulatory Reporting, along with Group Liquidity Regulatory Reporting and Group Regulatory Reporting Projects is part of the Group Regulatory Reporting function in Group Finance and has core responsibilities for:

• Capital regulatory reporting for the group and solo consolidations including COREP Own Funds and Large Exposures, legacy FSA IRR returns, Leverage etc.
• External Regulatory Disclosure including Pillar 3, GSIB and the relevant parts of the Annual Report, Interim Management Statements and Interim announcements
• Capital Solutions including rapid development, internal assessment of new regulations and Quantitative Impact Studies
• Ownership of work streams for stress testing, internal management reporting, forecasting, regulatory liaison, industry group participation etc.

The role of Regulatory Reporting Manager is to own the preparation and submission of accurate Pillar 3 disclosures.

5. KEY RESPONSIBILITIES

• Key role in preparation of Pillar 3 disclosures.
• Actively play role in understanding the CRR II rules and PRA guidelines and their impact on Pillar 3 disclosures.
• Ownership for certain external Pillar 3 disclosures.
• Compliance activities for Pillar 3 disclosures including partnering with Group Regulatory Policy to evidence compliance requirements
• Stakeholder management of Pillar 3 disclosures - responding to queries and requests, managing data submission and document changes etc.
• Support delivery of new regulatory changes through contribution to development and implementation of regulatory projects
• Manage delivery of ad-hoc data requests including
  • PRA queries
  • Industry data requests
• Ensuring adherence to the relevant sections of the Prudential Compliance Framework (Group Compliance) and Operational Risk Framework (Group Operational Risk)
• Develop tactical solutions in short time-frames to solve urgent issues in BAU reporting and controls
• Contribute to the Bank's response to relevant discussion on Consultation Papers and Technical Standards on regulatory developments and changes from the Basel Committee, PRA, EBA and others.
• Supporting Group Finance initiatives including business efficiency (e.g. faster close) and improvement of the control environment

6. KEY RELATIONSHIPS

(INTERNAL & EXTERNAL)

Internal

• Group Financial Services, Chennai
• Group Financial Reporting
• Global Risk Functions including Credit Risk, Market Risk, Operational Risk
• Group Treasury
• Investor Relations/Group Corporate Affairs
• Business Finance and Country Finance teams in country
• Group Internal Audit

External

• BBA and other industry groups on developments in regulatory reporting
• PRA/EBA and other regulators on developments in regulatory reporting

7. CONTRIBUTES TO

• Pillar 3 and external regulatory disclosures
• Audit Committee Papers
• Consultation responses
• Industry working groups

8. ATTRIBUTES REQUIRED

• Communicator - communicate financial and regulatory information.
• Relator - utilise network to obtain information.
• Technical - technical aptitude, investigating and understanding regulatory reporting rules
• Control environment - understanding of operating in a highly controlled environment
• Focus - remain focused on the key deliverables.
• Numeracy/analytical - prepare and analyse financial and regulatory information and report conclusions.
• Accuracy - prepare and present information accurately.
• Timeliness- meet tight deadlines maintaining highest quality standards.
• Teamwork - contribute to the team effort and share the workload.
• Intellectual - demonstrate understanding of financial and regulatory matters.
• Creative - recommend solutions on financial and regulatory issues.
• Change - adapt to changing reporting requirements and priorities.

9. COMPLEXITY/JUDGEMENT

• High

10. REQUIRED KNOWLEDGE AND SKILLS

• Qualified Accountant with experience in financial services especially in regulatory reporting.
• Expert Prudential Regulatory knowledge
  • PRA Pillar 3 requirements
  • GSIB
• Experience in interpretation and design of tactical reporting solutions (in Excel or other) in order to meet ad-hoc reporting requests and ability to manipulate large data sets.
• Good product knowledge (Balance sheet, trading book and of-balance sheet)
• Experience of working under pressure to produce high quality reporting in a highly controlled environment
• Advanced Excel user.
• Experience of supporting Regulatory Change initiatives and projects
• SQL writing skills, Moody's Fermat (RAY), Balance Sheet reporting system (BPC)