Regulatory Specialist

Company:  Adecco
Location: London
Closing Date: 29/10/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description
Job Description

Regulatory Reporting VP – Large Exposure Monitoring

Contract to December 2025

London/Hybrid

Day rate from £600 via Umbrella Company


Our commitment is to provide equal opportunity regardless of, for example, your gender, age, ethnicity, disability, sexual orientation or beliefs. We also engage with employers to develop programmes and pathways that embrace diverse talent and promote more inclusive employment worldwide through partnerships and other initiatives. We recognise and celebrate the value of difference and how it makes us faster, smarter and more innovative than our competition.


My client is one of the largest financial institutions headquartered in Japan, with an established presence across all consumer and corporate banking businesses. Through its subsidiaries and affiliates, they offer a diverse range of financial services, including commercial banking, leasing, securities, credit card, consumer finance and other services.


They are looking for a Regulatory Reporting VP specialising in Large Exposure Monitoring to join them at their offices in London, working Monday to Friday, being office based a minimum of 2-3 days a week, with the remainder of time working from home. Please be aware for this role there is the expectation of working later to around 7pm on most days, however starting hours would be adjusted accordingly. The role is being offered with a contract initially to December 2025.


Purpose of the role:

  • Responsibility for the organisations daily large exposure monitoring against regulatory and internal limits.
  • Manage and further develop the large exposure communications & approval framework with Front Office, Risk Management and Planning around banking & trading book limits and permitted internal limit excesses.
  • Daily communications to senior management in relation to regulatory prudential ratios monitoring and group collateral reporting.
  • Subject Matter Expert (SME) for regulatory large exposure monitoring framework


The Team

The Regulatory Reporting team in London consists of approximately 16 staff, including consultants and interns. The team is responsible for both the internal management information for the daily and monthly monitoring of capital and liquidity adequacy and large exposure, as well as production and submission of the regulatory returns to the regulators, including the Bank of England, PRA and FCA.


Daily duties include:

  • Daily large exposure monitoring process, associated investigations and resolution of potential internal or external limit breaches.
  • Intraday large exposure monitoring
  • Management of the daily group collateral process including associated investigations and adjustments
  • Support the preparation of quarterly COREP reports related to credit risk and large exposures.


Background and Skills:

  • Expert knowledge of regulatory large exposure rules and reporting requirements under the UK / European Capital Requirements Regulation.
  • Industry experience in working for a comparable institution.
  • Expert at working with MS Excel and PowerBI.
  • Experience in producing regulatory large exposure reporting (COREP COR002).
  • Knowledge and exposure to banking and capital markets products from credit risk and large exposure perspective.
  • Strong communication and influencing skills.
  • Proven ability to work with large amounts of financial and risk data.
  • Strong experience in delivering financial or risk reports under pressure without compromising on accuracy and attention to detail.
  • Proven experience in condensing complex risk and financial data into reports for senior management consumption.
  • Experience in communicating complex change requirements to key stakeholders.
  • Strong numerical and financial skills required.
  • Knowledge on programming including SQL preferred.
  • Bachelor’s degree or equivalent.


Candidates must show evidence of the above in their CV to be considered.


Please be advised if you haven't heard from us within 48 hours then unfortunately your application has not been successful on this occasion, we may however keep your details on file for any suitable future vacancies and contact you.

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