Finance Regulatory Reporting Analyst (VP)

SGS Société Générale de Surveillance SA; London; On-site; GBP 50,000 - 90,000; Full time

Job description

Responsibilities

Introduction to Role

Working within our global platform for Execution Services, Clearing Prime Brokerage and Cross-Asset Secured Financing, which is dual regulated by both the PRA and FCA, we need someone with UK Capital Requirements Regulation to produce all required regulatory reporting.

Covering both Liquidity and Capital metrics, we are developing the function, so there will be an opportunity to put your own stamp on how the function works.

Key Purposes of Role

1. This role is within the team responsible for the production of the Prudential Regulatory Metrics under UK CRR covering Liquidity, Capital, Large Exposures, Leverage, and FINREP reporting.
2. Responsible for the production, review, analysis, and certification of all prudential metrics allocated, to be provided to the Head of Finance Regulatory Production and the SGIL CFO ahead of submission.
3. Oversee production tasks in Bucharest, ensure all processes have been correctly carried out and data quality checks performed.
4. Investigate any issues identified and ensure business validation is obtained and reconciliations and control frameworks are in place and completed ahead of submission.
5. To provide cross cover on the production of the metrics with other team members and this will provide exposure across the different regulatory metrics.

Key Responsibilities

1. Responsible for the production, review, analysis, and certification of all prudential metrics allocated, as well providing oversight and review of all the reports produced by the Bucharest production team. Presentation with certification packs to be provided to the Head of Finance Regulatory Production and the SGIL CFO ahead of submission.
2. Ensure process and methodological documentation is up to date and accurate.
3. Follow up any data quality issues through the formal governance.
4. Production and monitoring of metrics against Early Warning Indicators and reporting of metrics as part of monitoring against the Firm’s Risk Appetite Statement to the monthly governance forums.
5. As required, production of reporting to SG Group to provide SGIL contribution to the Group Solvency and Liquidity metrics and ensuring validation and certification packs are prepared and reviewed.
6. Contribute to ad-hoc requests from business lines.
7. Bring continuous improvement of the processes within the team, leveraging automation wherever possible.
8. Production of monthly quarterly data reports for computation with assurance pack for co-ordination with Group (DFIN/PFS or DFIN/EMR) as required.
9. Provide Solvency and Liquidity Metrics as inputs for the Firm’s ICAAP, ILAAP, and Recovery & Resolution Planning processes.
10. Work with the Asset and Liability and Treasury team in the active management of SGIL solvency and liquidity positions.
11. Assist with implementation of changes in the regulatory frameworks and regulatory rules as well as projects impacting the Regulatory department.
12. Perform simulation of new products impacts.

Profile required

1. Detailed knowledge of UK CRR – Liquidity, Solvency, and FINREP.
2. Thorough knowledge of balance sheet modelling and impacts upon the regulatory metrics, ability to link the business product sets to the regulatory reporting.
3. Strong accounting knowledge.
4. Good communication skills are required as well as a relationship facility in team works.
5. This function implies many contacts in an international environment on technical topics which require excellent verbal and written level in English.
6. Considering the diversity of missions proposed (prudential regulation, functional, systems,…), the objective is to acquire a good knowledge of topics in their entirety.
7. A high level of autonomy is expected, after a standard period of learning.

Why join us

We are committed to creating a diverse environment and are proud to be an equal opportunity employer. All qualified applicants receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

Business insight

At Société Générale, we are convinced that people are drivers of change, and that the world of tomorrow will be shaped by all their initiatives, from the smallest to the most ambitious.

Whether you’re joining us for a period of months, years, or your entire career, together we can have a positive impact on the future. Creating, daring, innovating, and taking action are part of our DNA.

If you too want to be directly involved, grow in a stimulating and caring environment, feel useful on a daily basis and develop or strengthen your expertise, you will feel right at home with us!

Still hesitating?

You should know that our employees can dedicate several days per year to solidarity actions during their working hours, including sponsoring people struggling with their orientation or professional integration, participating in the financial education of young apprentices, and sharing their skills with charities. There are many ways to get involved.