Head of Finance and Regulatory

Our client, a well established bank, located in Mata, is looking for a Head of Finance and Regulatory to join their team:

The Head of Finance and Regulatory will assume responsibility for prudential and statistical reporting across the Bank, with a specific focus on staying current with the evolving regulatory reporting landscape and enhancing the efficiency and effectiveness of reporting processes. This role will encompass a wide array of data and reports, offering a diverse range of responsibilities.

 Responsibilities:

• Ensuring the timely production of the complete suite of regulatory reports (COREP / FINREP / BR06) and internal reporting of regulatory metrics.
• Ensuring the accuracy of accounting records.
• Leading and managing the finance team.
• Overseeing the day-to-day operations of the finance department, ensuring accuracy, efficiency, and adherence to financial policies and procedures.
• Meeting all reporting obligations within stipulated deadlines and maintaining the highest standards of accuracy, including regular data quality assessments and pertinent reconciliations.
• Questioning data inputs and outputs to ensure uniform and consistent preparation and disclosure of regulatory information.
• Providing timely responses to inquiries from supervisory authorities or management, and conducting necessary follow-ups.
• Assisting in initiatives aimed at enhancing processes, controls, and documentation.
• Supporting the development of regulatory reporting to accommodate business expansion plans and managing project-related tasks related to new regulatory reporting requisites.
• Maintaining an updated and comprehensive understanding of regulatory reporting requirements, including relevant regulators' guidance such as the EBA Single Rulebook with accompanying Q&A. Ensuring that these are incorporated into policies, procedures, and regulatory reports.

Requirements

• At least 3 years of experience working in a similar position
• Experience within a Credit or Financial Institution
• Knowledge of a regulatory reporting software is considered a plus
• Robust analytical abilities
• Proficiency in Excel and adeptness in managing data files seamlessly.
• Effective team player, equipped with excellent communication skills.
• Exceptional organizational skills
• Attention to detail and analytical prowess. Able to prioritize
• Committed to meeting and delivering on deadlines.

Education and Experience

• A Banking or Finance degree level of qualification

Benefits

• Hybrid working
• Subsidized parking

Job Reference: VO125