WHAT YOU’LL BE DOING

This is a key role within the TCM Reporting team, with a focus on the calculation, analysis and reporting of the firm’s capital, large exposures and leverage position for use by internal and external stakeholders.

Key strategic objectives are:

• Management and motivation of junior staff (often on a graduate scheme)
• All key regulatory calculations performed in line with regulatory rulebook
• Delivery of regulatory information within the firm that is timely, accurate and relevant to the needs of business and management
• Completion of regulatory returns to the PRA and NAFR in line with requirements, supported by robust review processes
• Ongoing review and challenge of all key data attributes and processes that support the calculation and reporting of the firm’s capital, large exposures and leverage position, both retrospective and forward-looking
• Close working relationship with departments across the Bank (including Financial Reporting, Risk, Front Office and IT) to support new business initiatives and regulatory developments
• Review and strengthen the control environment surrounding TCM reporting requirements
• Ability to support bank-wide change initiatives and deliver against regulator-driven change

Key Responsibilities

Assist in the timely and accurate completion and submission of all capital returns and provision of management information, including:

• Motivating other team members to complete key processes, and review of output
• Regulatory Capital and Large Exposures (LE) calculations, including daily reports to business and management, and quarterly to ICBC Head Office
• Quarterly Common Reporting (COREP) returns to the PRA covering Own Funds, Risk Weighted Assets, Large Exposures, and Leverage
• Production of management reports to governance committees such as the Asset & Liability Committee and the Board Risk Management Committee
• Assist in the design and delivery of control improvements to TCM reporting processes (including embedding control frameworks and Business Operating Models)
• Key involvement in TCM RCSA (Risk Control Self Assessment) process and Key Control Metric monitoring
• Active engagement with the Finance IT function to deliver TCM system changes
• Play key role in delivery of core regulatory change initiatives

Responsible for the delivery of:

• Detailed analysis and commentary on changes in capital positions
• Executive summaries and presentations for Senior Management
• Presentations on results in the Senior Management review meetings
• Information for inclusion in Annual Financial Statements, Pillar 3 and ICAAP documents for the year-end reporting cycle
• Testing of ongoing system changes

Controls and efficiency

• Support the reconciliation of capital data to the general ledger as part of the month end process to validate regulatory returns
• Actively work to reduce the number of manual adjustments and work collaboratively with other teams to avoid duplication of work and bring about efficiencies
• Identify areas in the procedures which can be improved so as to provide time savings and / or an enhanced control environment. Improvements may relate to spreadsheets and procedures or changes to calculation engines and reporting systems.
• Assist in the subsequent implementation of the proposed changes

The role would suit someone who:

• Interacts with and manages people well
• Prefers a day to day role with a set schedule and relatively stable workload
• Prefers working in a controlled environment and operating in accordance with agreed policies and procedures
• Has an affinity for accounting concepts
• Is a good communicator and enjoys working collaboratively across a range of stakeholders in a multicultural environment
• Is self-driven and has a natural curiosity and desire to learn
• Is organised and can prioritise and attend to a number of tasks at one given time
• Emphasises great attention to detail
• Has good problem solving/analytical skills
• Wants to understand end-to-end processes and be proactive in following up on and resolving any issue