Senior Manager, UK Liquidity and Regulatory Reporting Senior Manager, UK Liquidity and Regulatory  …

Standard Chartered Bank
in London, England, United Kingdom
Permanent, Full time
Last application, 15 Jan 20
Standard Chartered Bank
in London, England, United Kingdom
Permanent, Full time
Last application, 15 Jan 20
Standard Chartered Bank
Senior Manager, UK Liquidity and Regulatory Reporting
About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.

To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.

We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.

The Role Responsibilities

The role is part of the Europe Finance department which is responsible for all financial and management reporting for the region including supporting the various business heads, the Regional CEO and all the Group functions and business teams across our Global footprint to understand, manage and drive the complex business and operations within Europe.
Our presence in Europe is key to connecting our footprint markets of Asia, Africa and the Middle East with the West through offering global support as the centre of excellence for product and segment teams as well as being a major hub for funding, capital and liquidity.
This role is within the UK Regulatory Reporting team. The incumbent will be responsible for liquidity regulatory reporting for the UK Branch, building robust controls and reporting processes, developing insightful business commentary and working closely with our Global Financial Services Chennai (GFS) colleagues who prepare the reports. The role will also support Bank of England regulatory reporting providing cover for other team members and implementing efficiency improvements.

Business & Processes
  • Submit daily and monthly Delegated Act LCR reporting for the UK Branch including reviews of reporting produced by GFS.
  • Submit monthly Delegated Act NSFR reporting for the UK Branch and SCB PLC including detailed reviews of reporting produced by GFS, and to ensuring consistency with balance sheet and LCR reporting.
  • Perform the second review of BoE returns through reconciliation, investigate, discuss and make corrections prior to the returns being reviewed by the Head of Regulatory Reporting
  • Perform first review of variance analysis, with explanations, before second review by Head of Regulatory Reporting prior to submission of the return.
  • Ensure the accuracy and integrity of all liquidity and BoE reporting submissions made by UK Finance including provision of insightful analysis and interpretation of results for Group Liquidity Regulatory Reporting (GLRR), the BoE, PRA and other stakeholders.
  • Ensure submissions are in compliance with Group approved policies through close collaboration with Group Liquidity Regulatory Reporting, Treasury Policy and Treasury Risk.
  • Drive development and maintenance of robust controls to support current and future liquidity reporting processes e.g. control and reconciliation against the ledger
  • Ensure irregularities in data are investigated, annotated, discussed with the Head of Regulatory Reporting and corrected before submission of returns.
  • Ensure queries raised by Head of Regulatory Reporting, GLRR and Treasury Markets are resolved prior to submission.
  • Identify new reporting requirements or returns and ensure that any new requirement is investigated and tested so incorporated in the returns ahead of the submission date.
  • Put forward ideas to drive process efficiencies where possible and participate in UAT and implementation.
  • Identify lapses in current procedures relating to internal controls/audit/static data and instigate corrective measures.
People and Talent
  • Lead through example and build the appropriate culture and values. Set appropriate tone and expectations and work in collaboration with risk and control partners.
  • Support GFS Chennai Liquidity Reporting team with training on regulatory requirements and business information and drivers. Work with them to increase effectiveness and efficiency of offshore team and report production.
Risk Management
  • Ability to interpret financial information, identify key issues based upon this information and put in place appropriate controls and measures.
Risk Management and Governance
  • Ability to interpret financial information, identify key issues based upon this information and put in place appropriate controls and measures.
  • Enforce the governance and control framework by reviewing or assisting in the performance of Key Control Indictors (KCI) and Control Standard Tests (CST) as required and highlight any issues with the process to the Head of Regulatory Reporting.
  • Implement solutions to close any gaps in the control process noted.
  • Ensure understanding of Operation Risk (OR) and understand the roles and responsibilities within the Risk Management Framework (RMF) structure.
  • Report OR issues and losses to Head of Regulatory Reporting.
  • Identify and report non-compliance and all weaknesses inherent in standard controls.
  • Ensure Regulatory Reporting and Change Management Register is updated in line with Regulatory Reporting and End User Policy.
  • Deputise for the Head of Regulatory at various internal Risk Committee meetings
Regulatory & Business Conduct
  • Display exemplary conduct and live by the Group's Values and Code of Conduct.
  • Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
  • Achieve the outcomes set out in the Bank's Conduct Principles.
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders
  • Key stakeholders mainly comprise the Europe and Americas CFO, the Head of Balance Sheet Management for Europe and Solo, Treasury Markets and Risk and Global Liquidity Regulatory Reporting. The job holder is responsible for providing these key stakeholders with the information and analysis required for them to discharge their responsibilities.
  • The role requires close collaboration with Finance peers including Financial Reporting and Control and Balance Sheet Management.

Our Ideal Candidate
  • Qualified accountant or similar Treasury qualifications preferred (preferably ACA/ACCA/CIMA/CPA/ACT)

Apply now to join the Bank for those with big career ambitions.

To view information on our benefits including our flexible working please visit our career pages .