Senior Manager, Fpanda and Stress Testing - London, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

High growth, ethical retail bank with a large global payments platform behind it

Career trajectory impressive with a 'to grow into' Head Of title - full P&L view

City of London location (hybrid working model - 3 days p wk in office but can flex up/down week on week)

Description

Senior Manager, FPandA and Stress Testing - Retail Bank
City of London location (hybrid working model - 3 days p wk in office but can flex up/down week on week)

Banking & Financial Services

The Head of Finance - responsible for all aspects of financial reporting concerned with the business

Key responsibilities would include:

Preparing core financial reports for internal reporting to support governance and business performance management; this includes Executive Committee, Board and ALCO reporting. Key to this is the management of the outsource relationship with 'Core Finance'who perform the financial control function for the Bank
Prepare and submit regulatory returns; including ICAAP, ILAAP and Recovery Plan
Prepare regular balance sheet and P&L forecasts; lead the Bank's process for the development of the Medium Term Plan (MTP) and budget
Develop and implement business performance management processes, for example customer and product profitability
Support project work affecting the business including business development, regulatory change and finance transformation
Manage one direct report

FinControl:

Financial Accounting working with outsource service providers,'CoreFinance'
Ensure that transactions / business activity are appropriately accounted for
Support the annual audit and financial statement preparation process
Taxation working with outsource service provider, 'Core Finance', ensure the Bank's tax returns are completed in line with deadlines as required
Continuous improvement
Maintain a log of finance issues which require remediation and work with stakeholders to develop strategic solutions to such
Continuously evaluate existing processes and make changes which enhance efficiency and control

FPandA:

Core Finance are responsible for the preparation of first draft management accounts. The Head of Finance role uses the draft and further enhances these adding performance commentary and key capital and liquidity metrics. The Head of Finance is responsiblefor submitting the management accounts to the Executive Committee and Board
Other ad hoc analysis to support business performance understanding and management

Reg Reporting:

Reporting of Capital, Liquidity and other appropriate risk metrics to business management and other stakeholders
Own on behalf of the Bank the ongoing (at least annual) update of key governance and regulatory documents including
ICAAP, ILAAP and Recovery Plan
Single Customer View
Deposit Guarantee Scheme reporting
Reporting of Capital, Liquidity and other appropriate risk metrics to business management and other stakeholders
Own on behalf of the Bank the ongoing (at least annual) update of key governance and regulatory documents including
ICAAP, ILAAP and Recovery Plan
Single Customer View
Deposit Guarantee Scheme reporting
Responsible for the preparation, review and submission of all regulatory returns

Projects:

Act as the Finance representative for all change related activities ensuring that business development does not detract from sound principles of financial control or introduceunmanaged risks into the business
Working with Project Teams to ensure Finance requirements are fully documented
Ensure that design (systems and processes) are consistent with Finance requirements
Updating of Finance Standard Operating Procedures (SOP), risk management actions, controls and related materials and processes to ensure existing control environment and standards are maintained / improved

Team mangement:

Effective management of team (one direct report initially)
Proactively develop plans and priorities for team
Active performance management through objective setting, KPI tracking and appropriate feedback
Recruitment and retention strategies
Training

Profile

Senior Manager, FPandA and Stress Testing - Retail Bank
City of London location (hybrid working model - 3 days p wk in office but can flex up/down week on week)

Prior experience in a Banking including Statutory and Regulatory reporting experience
Strong technical accounting and banking regulatory skills and knowledge
Track record of being a change agent
The ability to work under pressure in a fast paced environment
Attention to detail
Technical problem solving
Strong systems skills (Excel etc)
Educated to Degree Level
Fully qualified accountant (ACA; ACCA; CIMA)

Job Offer