Uk Banking Controller - Manchester, United Kingdom - BNY Mellon

BNY Mellon

Verified Company

Manchester, United Kingdom

4 days ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Overview
BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology.

We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration.

Known as the "bank of banks" - 97% of the world's top banks work with us as we lead and serve our customers into the new era of digital.

With over 238 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn.

Today, we're approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself.

This is what #LifeAtBNYMellon is all about.
We're seeking a future team member for the role of UK BANKING CONTROLLER to join our UK CONTROLLERS team. This role is located in MANCHESTER (hybrid).

Director level finance controller role which is responsible for all aspects of the UK domiciled banking entities and related companies.

The role will maintain relationships with the board of directors', management committees, line of business management and regulators, providing advice on regulatory & accounting matters.

The role will also be responsible for maintaining a robust control environment, provide governance & oversight of the outsourced groups which provide accounting and reporting services to the entities.

The role will also provide leadership and direction to a team of professionals that support the banking entities in the UK and also play a key role in influencing the groups that provide input and services to the entities in our control.

Leadership in the rapidly changing environment will be critical to ensuring we have excellent staff engagement.

A robust understanding of regulatory requirements is required to support both capital and liquidity regulatory reporting including identification and escalation of potential breaches.

Work with Treasury and Risk provide insights into the capital and liquidity planning process and participate in the ICAAP & ILA working groups.

Work closely with the business and CFO teams to build the financial forecast for the entities and the impact new clients would have on the balance sheet, regulatory ratios and risks they may pose to the entity.

Proactive insight into issues and opportunities and ensure the financial needs are met.
The role will represent Finance at the entity risk committees and other governance forums.

As the business and regulatory environment continues to evolve and change the role will need to ensure that the banking group is proactively managing the change and identifying the opportunities and threats.

In this role, you'll make an impact in the following ways:
Governance
Senior Legal Entity Controller for the UK banking entities and related companies
Interface with Decision Support Finance, Risk, Compliance and Legal function
Represent UK Controllers at board and committee meetings of the legal entities
Present legal entity financial information
- principal focus will be statutory and regulatory reporting.
Monitor and review the control processes impacting their entities, ensuring they are fit for purpose

Provide oversight to the outsourced functions in Manchester and Chennai, including review of KPIs in conjunction with the UK Controls Manager.

Advisory
Legal entity restructurings/business developments/acquisitions/disposals (statutory/regulatory perspective)
Impact of regulatory reporting changes including ICAAPs, Pillar 3, ESG etc
Accounting impact of new business/products including the impact on regulatory capital
UK Controllers representative on projects impacting the UK banking entities and the wider UK Controllers function
Provision of guidance and implementation process for GAAP changes
Working with the Tax Group on tax issues impacting the banking entities including legal entity structures, transfer pricing and proposed transactions
Reporting
Review reporting; statutory accounts, Board packs, Rep letters, ICAAPs, regulatory returns, capital and liquidity

Co-ordination of the statutory accounts process for the banking entities acting as a senior point of contact for the external auditors.

Capital monitoring, including liaison with the Capital Controller within Corporate Treasury and UK regulatory reporting staff
Control and oversight of accounting flows, changes to processes, and reconciliations
SOX Compliance including co-ordination of management responses to SOX reports.
Policy
Maintain compliance with GAAP and CAP for US and local books
Work with Treasury to implement liquidity policies for Banking entities and related companies
Maintain compliance with Bank Accounts/bank mandate policies
Staff
Management of a team based in London and Manchester
Goal setting and regular performance appraisals
Development of staff and contributing to enhanced employee engagement

**To be successful in this role, we're seeking the followi