Controllers, Regulatory Controllers, Executive - London, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

FINANCE

We're a team of specialists charged with managing the firm's liquidity, capital and risk, and providing the overall financial control and reporting functions.

Whether assessing the creditworthiness of the firm's counterparties, monitoring market risks associatedwith trading activities, or offering analytical and regulatory compliance support, our work contributes directly to the firm's success.

The division is ideal for collaborative individuals who have strong ethics and attention to detail.

EMEA ICAAP and Regulatory Stress Testing Team

Coordination of the material EMEA entities Internal Capital Adequacy Assessment Process (ICAAPs)
Coordination of the EBA stress test and advisory support for regional EMEA entities ICAAPs
Analysis and advocacy on regulatory developments focusing on ICAAP and regulatory stress testing prudential regulations, whether from Basel, PRA or EU authorities

The Role

Principal Responsibilities - ICAAP:

Oversee the coordination of the UK ICAAPs covering the UK and certain regional and branch ICAAPs
Presenting results to governance committees
Assessing the impact of regulatory developments that impact the ICAAP and implementing changes to processes where required
Overseeing the execution of the project plan for the ICAAP and coordinating stakeholders to ensure delivery in line with the plan
Reviewing ICAAP documentation for submission to regulators

Additional Responsibilities - Advocacy & Interpretation

Analyse new regulatory change from Basel, UK and EU regulators including revisions to the capital requirements regulation and related requirements
Communicate and seek input on regulatory developments to/from internal stakeholders
Provide written interpretations of EU and UK rules including new and revisions to a suite of policy documents

Experience & Qualifications:

Experience in ICAAP is essential
An accountancy qualification (ACA/CA/ACCA) is desired but not essential
Functional Expertise: an understanding of Regulatory Reporting, in particular both EU & UK Regulatory Reporting requirements is preferred but not essential
Regulatory knowledge: an understanding of the regulatory capital rules would be preferred
Project management and organisational skills including taking ownership for key policy related change projects as well as managing a variety of stakeholders across the firm