Regulatory Reporting Director, UK Banking Book
London, LND, GB, EC2M 2AT
SMBC: A trusted partner for the long term
Here at SMBC Group, we want to help you find the next step in your career so read on to discover if this opportunity is the one for you. We like to recognise potential in our people, so we welcome your application even when your experience doesn’t perfectly align with the job description. Whilst we’ll always strive to be better, we’re proud of our inclusive culture, and encourage our applicants and colleagues to be their authentic, unique selves.
Who we are
United by a sense of purpose towards our customers – to be a trusted partner for the long-term – and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future.
Role Summary
Is the next step in your career at SMBC Group EMEA? We’re looking for a Director for our Regulatory Reporting (part of STPD Finance & Control Department) to join our team.
Summary of role:
- Managing regulatory reporting production for UK banking business within SMBC. This includes ownership for the calculation, processes and reporting for credit risk, large exposures, leverage ratio and capital; as well as statistical reporting
- Managing stakeholder relationships and communications in relation to regulatory reporting for SMBC BI and SMBC London Branch
- Acting as a driver of change, working closely with change functions to both enhance the function and comply with changes in reporting requirements
Essential of the role:
- Manage the banking book regulatory reporting within the UK entities and statistical reporting for SMBC London Branch. Ensure the process has strong and consistent controls across all the outputs to support external regulatory compliance and internal requirements;
- Manage a team of seven both in terms of performance as well as nurturing and supporting them with personal development and career progress
Key candidate requirements:
- Excellent prudential regulatory knowledge with experience of managing and reporting key ratios and good knowledge and exposure to banking and capital markets products
- Experienced people manager and stakeholder management
- Change experience and ability to manage multiple changes
Business Area
STPD - Finance & Control - Regulatory Reporting
Position Description
- Manage the banking book regulatory reporting within the UK entities. Ensure the process has strong and consistent controls across all the outputs to support external regulatory compliance and internal requirements;
- Manage the regulatory and statistical reporting for SMBC London Branch. Ensure the process has strong and consistent controls across all the outputs to support external regulatory compliance and internal requirements;
- Deliver compliant external and internal reporting to deadlines and to agreed standards. Ensure there is clear business led analysis and MI to support the outputs;
- Ensure there is ongoing improvement to processes and controls to support the regulatory outcomes. Identifying opportunities and implementing changes as appropriate;
- Identify and support improvement to key prudential ratios as required;
- Ensure there is a clear and strong change capability, both within the team and in collaboration with dedicated change functions, in order to deliver on the regulatory reporting change agenda
- Develop strong internal networks and build trusted relationships to support change and to manage communication of prudential information and impacts;
- Liaise closely with the regulatory interpretation process to maintain up to date understanding of regulatory developments and an alignment of the process to any regulatory interpretations;
- Support other EMEA offices with insight, information and processes as required;
- Communicate efficiently and regularly progress on regulatory reporting to management, escalate issues that require management attention;
Competencies
What we offer
For all the expertise and experience you bring to help us make a difference, it’s only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well-bring and work-life balance. We also believe in fostering a diverse and inclusive work environment, where all team members perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks.
As an employee of SMBC you have access to a host of both useful and exciting benefit offerings. See below some of the benefits on offer to you:
- Hybrid and flexible working
- Competitive paid leave days
- Benefits to support your physical wellbeing, including private medical insurance and life and invalidity insurance
- Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services
- Access a wide range of learning and development opportunities and career progression opportunities
- Ambitious remuneration package
So, if you like a challenge and want to continuously grow and develop in a role where you will be supported along the way by a dynamic and diverse team, apply today!!
We recognise our role as a bank to support social change and welcome all applications, including those from groups often under-represented in financial services. We value the uniqueness of professional and personal, backgrounds and perspectives as they play a vital role in continuing the sustainable growth of our organisation. We’ll ensure reasonable adjustments to our recruitment process are offered due to a disability or long-term condition whenever requested.