FINREG Specialist

Your key responsibilities

Solvency Team ensures timely and accurate financial, regulatory and risk reporting, in line with regulatory and statutory requirements for solvency related risk metrics such as regulatory capital, economic capital, asset quality (IFRS9), Risk weighted assets (Basel-III/IV), etc. They collaborate with relevant stakeholders to provide complete and comprehensive reporting in the financial books and records of the Bank, for the effective management of financial and accounting risk:

• Preparation, validation, and presentation of regulatory reporting packs to key stakeholders such as external regulators, auditors, treasury, investor relations, and senior management (e.g., CFO office)
• Perform tasks for SRT reporting as individual contributor and take responsibility on certain portfolios of this reporting to guarantee timeliness, accuracy and control.
• Support other operational tasks of the securitization reporting team to strengthen the operational risk mitigation by diversifying task coverage across team.
• Analysing and responding to various ad-hoc queries from regulators, auditors, and other stakeholders as mentioned above.
• Analysis and interpretation of new regulatory requirements and collaboration with IT/algorithm teams for their implementation
• Risk data validation and resolution of issues impacting key risk metrics such as Exposure at Default (EAD) and Risk-Weighted Assets (RWA).
• Collaborate cross-functionally to take on ad-hoc projects towards improving data quality and operational efficiencies.
• Conducting regular reviews and updates of roles and responsibilities within the risk data aggregation process to ensure compliance with BCBS 239 requirements.
• Analysis and change implementation to COREP and other relevant reporting due to upcoming applicability of CRR3.

Your Skills and Experience:

• In-depth understanding of regulatory risk topics such as Risk-Weighted Assets (RWA), Leverage Financial Exposure (FE), Expected Positive Exposure (EPE), Asset Quality, and Regulatory Capital
• Familiarity with applicable regulations and accounting standards, such as CRR2/3, Basel3/4, and IFRS
• Extensive experience working with the output of finance and risk systems, including regulatory reporting, risk reporting, and IFRS9.
• Proven track record of identifying and implementing process improvements to increase efficiency and accuracy.
• Excellent communication skills at all levels, including the ability to interact successfully with stakeholders.
• Ability to translate complex data and financial concepts into clear and concise reports and presentations.
• Experience in collaborating cross-functionally to take on ad-hoc projects towards improving data quality and operational efficiencies.

Education/ Qualifications

• University degree with related majors (i.e. Financial Accounting & Auditing, Risk & Financial Management)
• Qualified Chartered Certified Accountant, Certified Financial Risk Manager (FRM), Chartered Financial Analyst (CFA) or a similar qualification, OR
• Relevant background in quantitative subject areas (Statistics and Maths) would be preferred