Team Lead, UK Regulatory Reporting

Recruiter
State Street.
Location
Bangalore, India
Salary
Not disclosed
Posted
26 Jan 2022
Closes
26 Feb 2022
Ref
R-688251
Contract type
Permanent
Hours
Full time
Experience level
Qualified accountant

Basic Purpose of Job:

The team member will support the Regulatory Reporting team in the production of all Prudential & Statistical Regulatory Returns for State Street’s UK, Middle East and Ireland regulated entities.

The individual will provide cover for other team members when necessary, this will involve learning and understanding of all work produced within the team.

Responsibilities & Tasks Include:

  • Complete and accurate preparation of weekly, monthly, quarterly and annual reporting to applicable regulators
  • Production of all UK Entities Regulatory Financial Returns (e.g Balance Sheet, P&L)
  • Production of all UK Insurance Co. Regulatory Capital Returns (e.g Quarterly Reporting Templates, Annual RSR, Annual SFCR input)
  • Production of UK Asset Management Financial and Regulatory Returns (e.g Balance Sheet, P&L, Capital calculations)
  • Production of UK Asset Management Branch Returns (e.g Middle East, Belgium)
  • Production of Weekly Capital analysis, management information and board packs.
  • Support the UK Regulatory team in all necessary tasks including daily reporting
  • Cross train on relevant tasks within in the Regulatory and Compliance Reporting team
  • Keep up to date with relevant regulatory matters
  • Work with internal and external reviews when required.
  • Liaise with compliance and business functions when necessary, for example in case of any regulatory breaches
  • Maintain detailed procedures and documentation for the above processes

Job Requirements:

Education and Experience

  • Bachelor’s degree in finance, business, or equivalent
  • Qualified Accountant certification (not required but beneficial)
  • Progressive experience in banking or financial services
  • Financial Services experience, preferably with Regulatory reporting
  • Solvency II knowledge (not mandatory but experience would be beneficial)

Skills/ Knowledge

  • Proficiency in Microsoft Office suite (Excel, PowerPoint, Word)
  • Advanced Microsoft Excel and ability to manipulate data
  • Knowledge of Regulatory Reporting software a plus
  • Financial and accounting skillset – knowledge of regulatory reports and forms
  • Strong Analytical, methodical and problem solving skills
  • Ability to transform a business need into a visual representation
  • Excellent communication skills. Ability to communicate at all levels of the Company
  • Effective listening skills and ability to summarise complex subject matters in a succinct manner.
  • Strong attention to detail and accuracy
  • High degree of accuracy and numeracy required
  • Demonstrates a Self sufficient attitude and ability to learn quickly
  • Ability to work both independently and as part of a team

For further information, and to apply, please visit our website via the “Apply” button below.

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