Bank of Ireland

Senior Liquidity Analyst, Liquidity Reporting

Dublin, Republic of Ireland
15 Sep 2021
07 Oct 2021
Approved employers
Approved employer
Contract type
Full time
Experience level
Qualified accountant

Division Description

The Finance & Accounting Division is made up of a number of core finance teams both at business unit and Group level. We perform a key management and control function in ensuring all Group financial and management reporting processes are appropriately governed. The Finance Division has overall responsibility for driving the Group budgeting and forecasting process, developing Group-focused financial insight and analysis and delivering the Group's statutory, regulatory and external reporting. We do this through collaborative business partnering in each of the Divisions and with centralised Finance shared / specialist services.

Description of business unit

Regulatory Reporting Controls & Operations (RRCO) team are responsible for reporting information to the Group's various Regulators and Supervisors, as well as regular interactions with other key stakeholders including Group Treasury, Group Risk and Business Partners across the Group.

The Liquidity Reporting team within RRCO is responsible for reporting liquidity data to the Group's Regulators and Supervisors, including the delivery of daily, weekly, monthly and quarterly returns.

Purpose of the Role

The Liquidity Reporting team within RRCO is responsible for reporting liquidity data to the Group's Regulators and Supervisors, including the delivery of daily, weekly, monthly and quarterly returns.

This role primarily involves supporting the delivery of key liquidity reports within agreed timelines, including the Additional Monitoring Metric (AMM) and Liquidity Coverage Ratio (LCR) templates, to the CBI and PRA within a controlled process.

Key Accountabilities

Delivery of assigned Liquidity reporting product processes within agreed timelines that support the delivery of the following returns:

  • Liquidity Coverage Ratio (LCR);
  • Additional Monitoring Metrics (AMM);
  • Maintain and enhance the existing strong governance framework to ensure full compliance with all controls, limits, standards and obligations under Group policies: (i.e. 4 eye control, recs, EUC's):
  • Ensure all processes/returns are produced to audit and 'Internal Financial Control (SOx-level)' programme standards;
  • Ensure any discrepancies/queries are investigated and explained;
  • Ensure audit ready documentation (Basis of Prep, procedures, issue log, escalation policy, process maps etc.);
  • Initiate and support RRCO/Group Finance/Group Treasury/UK Treasury input into strategic projects and ad-hoc Regulatory requests such as Bank Transformation, BCBS239, Process Improvement etc.;
  • Develop a detailed understanding and working knowledge of all Liquidity reporting product (10) processes and all Liquidity Regulatory returns to broaden knowledge and ensure the delivery of BAU reporting during annual leave periods;
  • Work collaboratively with the wider RRCO team to consistently deliver solution based approaches which support the achievement of business objectives (timely accurate reporting of Regulatory returns within a high control environment);
  • Support Business Continuity processes for liquidity reporting, including BCP desktop and Work Area Recovery testing;
  • Maintain relationships with key stakeholders, including Group Treasury, BoI Global Markets, BoI (UK) Plc etc. to ensure awareness of funding strategies and/or initiatives for liquidity reporting purposes.

What is the opportunity

The RRCO function has expanded rapidly in recent years and offers individuals the opportunity to develop their career and increase their profile within the Group. The RRCO function is response for the delivery of a wide range of prudential capital, liquidity and statistical regulatory reports, for multiple licensed entities, to multiple Regulators in a controlled, timely and efficient manner, as well as the delivery of non-routine /ad-hoc regulatory requests and the development of new regulatory reporting requirements. RRCO operates in a regulated environment which demands the highest of standards.

An exciting opportunity to join the Liquidity Reporting team at P2 level has arose. The primary objective of the role is to support the efficient delivery and assurance of the AMM and LCR returns. This role will report directly to the Senior Manager - Liquidity Reporting.

Working at Bank of Ireland doesn't have to mean working in an office to have an impact. Our commitment to enabling colleagues to thrive means that depending on role type you can have choice and flexibility in where you work and live, subject to your role, customer needs and our requirements. We have a hybrid working model, with home, agile hub and office based options available. We will always list a primary location which can be where you go for in person collaboration, and a location where you can best perform your role.

Please note you must live in the jurisdiction for the business to which you are contracted.

This job can be done anywhere in ROI with the primary office location as Dublin to which travel will be required for in person collaboration. Exact frequency to be agreed with manager.

Essential Qualifications

Hold a relevant professional qualification (ACA, ACCA, etc.) or have extensive experience gained through wide exposure to financial practices within a relevant business environment.

Essential Skills & Experience

  • Advanced proficiency in Microsoft Office suite (particularly Excel) with a good working knowledge of VBA highly desirable;
  • Strong data manipulation & analysis skills and techniques;
  • Demonstrated experience of delivery to tight reporting deadlines;
  • Ability to challenge constructively current processes and norms and provide objective insight and solutions to problems.

Desirable Qualifications, Skills & Experience

  • Have at least 2-3 years Regulatory Reporting/Treasury experience, ideally within a Banking environment;
  • Understanding of liquidity management, collateral management, Basel III/CRD IV and the wider regulatory environment;
  • Understanding/experience in the use of analytical tools ( e.g. SAS, VB, SQL);

Key Competencies

  • One Group, one team - Self
  • Agile - Self
  • Accountable - Self
  • Manage Risk - Self
  • Customer Focused - Self

Where Agency assistance is required Bank of Ireland Recruitment Team will engage directly with suppliers. Unsolicited CVs / profiles supplied to Bank of Ireland by Recruitment Agencies will not be accepted for this role.

Bank of Ireland Group is an equal opportunities employer and is committed to fostering an inclusive workplace which values and benefits from the diversity of our workforce.

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

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