Regulatory Reporting Manager

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 Reporting Team where you will ensure that all BAU regulatory reporting is accurately submitted on a timely basis to the Prudential Regulation Authority and Bank of England for the Bank and the Consolidated Group. This includes all liquidity and statistical reporting as well as preparation of Pillar 3 disclosures, and relevant regulatory disclosures in the group’s Financial Statements and other financial reporting.
The successful candidate will identifying and implement improvements to processes and controls, and inputting into key regulatory initiatives.

IT IS NOT ESSENTIAL BUT IT WOULD BE GREAT IF YOU:

• Educated to degree level or equivalent
  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

For roles offering hybrid working: 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

Submission of regulatory returns

• Support production of prudential and statistical regulatory returns (PRA110, LCR, COREP and Bank of England statistical) as required to ensure returns are submitted accurately and on time
• Consolidate existing reporting processes, including liaison with key stakeholders, in particular Finance, Risk and Treasury to ensure appropriate reviews are undertaken and sufficient challenge has taken place
• Develop appropriate internal communication of regulatory ratios and summaries of key submissions

Regulatory change

• Work with the Regulatory Policy and Planning Manager to ensure accurate delivery of new regulatory returns and reports, ensuring appropriate involvement of relevant staff
• Maintain up to date knowledge of reporting requirements, regulatory changes and developments
• Manage the regulatory change process by identifying areas for change, implementing improvements, and providing input into ongoing projects
• Where relevant, carry out impact analysis of proposed regulatory changes

Financial Reporting of regulatory metrics and Pillar 3

• Input into year-end processes as required, including managing delivery of Pillar 3 disclosures and key metric disclosures in Interim and Annual Financial Statements, in
• Prepare key explanatory communications and reconciliations for senior management and liaise with Investor Relations team in dealing with prudential regulatory queries from investors and other stakeholders
• Manage ad hoc reporting and communication to Bank and Group’s senior management, including involvement in formal reporting to Board and Exco on key regulatory ratios and future developments

Developing Our People: as a line manager, you will be responsible for inspiring and motivating your team, as well as developing performance through coaching. You will encourage your team to take responsibility for their own personal development and provide support through regular feedback.