Regulatory Reporting Specialist
- Full-time
- Business Segment: Group Functions
Company Description
Standard Bank Offshore is the offshore arm of the Standard Bank Group, a leading Africa focused financial services group, and an innovative player on the global stage. Our international Banking, Lending, Investment, Fiduciary and Wealth Management services offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals.
Our clients range from individuals to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa and SBO is perfectly positioned to support the growth of our organisation from our office in the Isle of Man, Jersey, London, Mauritius and South Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.
Job Description
PLEASE NOTE:
- This role is not open to relocation. Only candidates who have residency and right to work in the Isle of Man can be considered.
To direct and coordinate the compilation, review and submission of all regulatory returns for an allocated business area / portfolio as required by the regulator to ensure adherence to regulatory requirements and protect the reputation of the organisation.
Qualifications
Minimum Qualification:
- First Degree in Business Commerce, Finance and Accounting
Experience Required :
- 8 - 10 years experience in Finance & Value Management
- Demonstrable thought leadership in regulatory reporting, underpinned by a theoretical and applied understanding of legislative compliance. Proven experience in developing and delivering improved reporting systems, including hands-on experience working with data infrastructures and distributed systems. Broad experience in strategic development and implementation of regulatory reporting. In depth understanding of how the banking industry works, with knowledge of available products.
Key Outputs :
- Implement and refine the appropriate control frameworks, principles and procedures, aligned to Group standards
- Track a log of financial control matters and regulatory adjustments in order to facilitate improvements and changes
- Liaise with the appropriate senior stakeholders to highlight identified trends and/or concerns
- Support engagements with the regulator to ensure the required questions/queries are appropriately and accurately addressed
- Build, develop and maintain relationships with the key senior internal stakeholders relevant to the Regulatory Reporting Function
Additional Information
Behavioural Competencies:
- Adopting Practical Approaches
- Examining Information
- Interpreting Data
- Challenging Ideas
- Articulating Information
- Interacting with People
Technical Competencies:
- Preparing Financial Statements
- Financial and Accounting Control
- Information Management
- Knowledge Management
- Financial Industry Regulatory Framework
- Product Knowledge (Business Banking)
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