A leading financial services organisation is currently searching for a Head of Regulatory Reporting with experience in PRA and Financial Reporting on a 6 - 12 month contract basis.
The day rate will be £900 Umbrella per day, with their working policy being two - three days out of their London office.
The role will look to migrate to a perm role at the end of the contract.
Responsibilities for the role are;
The Head of Regulatory Reporting is a senior leadership role responsible for overseeing the regulatory reporting function, ensuring compliance with Prudential Regulation Authority (PRA) requirements. This role involves leading a team of regulatory reporting professionals, coordinating with various departments, and ensuring timely and accurate submission of regulatory reports.
Key Responsibilities:
- Regulatory Compliance:
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Ensure all regulatory reports are prepared and submitted in accordance with PRA guidelines and timelines.
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Maintain up-to-date knowledge of PRA regulations and ensure the organization's reporting practices are compliant.
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Liaise with regulatory bodies to stay abreast of changes in reporting requirements and implement necessary adjustments.
- Team Leadership:
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Lead and mentor a team of regulatory reporting analysts and specialists.
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Foster a culture of continuous improvement, accountability, and excellence within the team.
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Conduct performance evaluations and provide training and development opportunities.
- Data Integrity & Reporting:
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Oversee the collection, validation, and analysis of data required for regulatory reporting.
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Ensure the accuracy and completeness of all regulatory reports before submission.
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Implement robust control frameworks to mitigate risks associated with regulatory reporting.
- Stakeholder Management:
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Collaborate with internal departments, including Finance, Risk, Compliance, and IT, to ensure cohesive and comprehensive reporting processes.
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Communicate effectively with senior management and provide insights into regulatory reporting matters.
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Serve as the primary point of contact for external auditors and regulatory examiners.
- Process Improvement:
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Identify opportunities for process enhancements and automation to improve efficiency and accuracy in regulatory reporting.
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Lead projects aimed at optimizing the regulatory reporting function and implementing best practices.
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Monitor and assess the impact of new regulatory requirements on existing processes and systems.
- Strategic Planning:
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Develop and execute the regulatory reporting strategy in alignment with the organization's goals and regulatory environment.
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Provide strategic insights and recommendations to senior leadership on regulatory reporting trends and developments.
If you are interested, please apply with an up to date CV or your Linkedin, and I will reach out if your profile matches the client requirements.
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Huxley, a trading division of SThree Partnership LLP is acting as an Employment Business in relation to this vacancy | Registered office | 8 Bishopsgate, London, EC2N 4BQ, United Kingdom | Partnership Number | OC387148 England and Wales