Regulatory Risk Specialist
1 month ago
At Bruin Financial, we are seeking a highly skilled Regulatory Risk Specialist to join our team in London. As a key member of our Risk Management function, you will play a critical role in ensuring the accuracy and completeness of our regulatory returns.
Key Responsibilities- Provide assurance to Risk Management and the board on the regulatory return process through the presentation of dashboards, regular reports, and ad-hoc MI.
- Assist the Manager, Prudential Risk with BRC papers, Fire-Drill testing of Recovery Plans, and the production of annual ICAAP, ILAAP, Pillar 3, RAS, Recovery Plan, and Resolution Packs.
- Review and challenge all regulatory returns required for BoE, FCA, and PRA, forming part of the 2LOD (Liquidity, Compliance, Financial Information, Capital, and Statistical information).
- Develop and automate review tools to make the regulatory review process more robust, efficient, consistent, and objective.
- Keep abreast of policy and market developments in regulatory reporting and communicate them to relevant stakeholders.
- Act with care and attention toward 1st LoD functions in the production of Regulatory Returns.
- Regulatory reporting experience, covering liquidity, capital, and statistical reporting.
- Ideal experience as a second line of defence challenger in relation to regulatory reporting.
- Good understanding of banking systems and end-to-end internal regulatory reporting process.
- 4+ years experience in the Regulatory function of a Bank.
- Strong knowledge of Banking Products.
- Team player with a can-do attitude.
- Advanced Excel Skills and proficiency in PowerPoint & Word.
- Qualified accountant ideal, but not essential.
Bruin Financial recognises the value of diversity and aims to promote equality and challenge unfair discrimination. We welcome applications from all suitably qualified persons and encourage applications from underrepresented groups.
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