Regulatory Change Control Manager - 12 Month FTC

at  Close Brothers Group

OVERALL SUMMARY

At Close Brothers we look to recruit individuals from all different backgrounds and encourage you to apply even if you don’t tick every box. We celebrate diversity, promote inclusivity and are open to discuss flexible work options to help you balance your work and home life.
Join the Close Brothers Regulatory Team where you will work within the Regulatory Change & Control team to understand and implement required Basel 3.1/ Remediation changes to calculations, reporting and documentation. The role holder will also have the opportunity to be involved with a remediation project to enhance controls and processes across the regulatory reporting team and business finance teams covering COREP capital and liquidity returns submitted to the Prudential Regulation Authority for the Bank and the Consolidated Group.
The successful candidate understand the new Basel 3.1 rules, reviewing current reporting processes and highlighting areas for change and/or improvement in control and efficiency, and implementing changes as required.

IT IS NOT ESSENTIAL BUT IT WOULD BE GREAT IF YOU ARE/HAVE:

• Educated to degree level or equivalent
• Alteryx experience
  We are an inclusive organisation and committed to ensuring our recruitment process is as accessible as possible to everyone. We will make adjustments for people who have a disability or long-term condition. If you need the job description or application form in an alternative format or would like to discuss the recruitment process with us, please email us at recruit.ssc@closebrothers.com or request a call back.

ABOUT US

At Close Brothers we support employees to balance their work life priorities and in this role you will be able to enjoy a mixture of hybrid working.
Close Brothers is a leading UK merchant banking group providing lending, deposit taking, wealth management services and securities trading. At Close Brothers we provide financial support and advice to small businesses and individuals in the UK. Our purpose is to help the people and businesses of Britain thrive over the long term.
To find out more about Close Brothers, please visit our careers page: https://www.closebrothers.com/careers

Basel 3.1 implementation

• Work with the Head of Regulatory Policy to understand and document impact of forthcoming Basel 3.1 rules
• Write business requirement documents for required changes to current processes
• Develop processes as required, ensuring they meet the requirements of the end-user computing (EUC) standard where applicable
• Update procedure documentation and assist with documentation of new interpretation and assumptions
• Liase with business finance teams and IT teams to source additional data requirements
• Write basis of preparation documents for new or updated returns

Process and control enhancements

• Identify areas for change by reviewing processes with the reporting team and compile list of enhancements for prioritisation and work with the reporting team to implement and test improvements to the reporting processes
• Work with Finance Assurance team to understand necessary control enhancements and remediate as required across the business finance teams and regulatory reporting team
• Ensure processes are well documented and meet the requirements of the end-user computing (EUC) standard
• Engage with the business finance teams to ensure assumptions and adjustments used for producing data used in regulatory reporting are well understood, documented centrally and subject to appropriate governance