Regulatory Reporting Projects Lead
Location: London & Northampton
Length: 6 months
Overall purpose of role:
This role will support the implementation of regulatory change in BAU for all of the UK related entities. It offers an exciting opportunity for someone that would like to interface with multiple stakeholder groups and provides senior support to our BAU teams in the successful implementation of regulatory change.
The incumbent of the role will take an active lead in ensuring the reporting deliveries operate effectively post the implementation of change and execute well thought out plans to achieve that objective. The will also work closely with our projects teams to devise and support the planning and execution.
- Planning and co-ordination the testing and business readiness plans for the RWA/consolidation teams, ensuring that issues identified have well laid out remediation plans and owning the procedure to sign off from the Directors. This will also require ownership of the testing plans and execution.
- Interfacing with the Project teams to help develop the plans for regulatory change delivery and understanding the impacts on the BAU reporting teams, clearly putting forward well thought proposals to ensure the BAU implementation is successful and any challenges identified are resolved successfully.
- Manage the overall book of work for the BAU teams in respect of regulatory change, interfacing with our stakeholders to ensure their requirements continue to be adhered to post regulatory change.
- Fully understand the regulatory changes (CRR2, CRR3, COREP and Pillar 3 reporting requirements) from both a calculation and reporting perspective and ensure that our various stakeholders are regularly informed of these developments and our strategy to implement before go live.
- Develop the operating model that will exist post implementation of regulatory change, thinking strategically in ensuring the correct resources and skills are allocated to the ownership of the amended reporting suite.
- Actively lead on presenting the regulatory change and implications to reporting to CFOs and CROs of the UK entities and ensuring their feedback is resolved.
- Ensure that all change is consistent with control policies we adhere to including the Financial Regulatory Reporting Policy, flagging any challenges and devising and coordinating remediation plans where gaps are discovered.
- Experience of working in delivering or supporting regulatory change at a manager level.
- Strong analytical skills with the ability to use multiple data sources to ensure consistency and accuracy.
- Prior experience of managing financial reporting change and ability to organise across a number of teams and locations.
- Understanding of financial markets, financial and/or regulatory reporting, risk, governance and controls.
- Strong understanding about interpretation of Prudential regulations across Pillar 3 disclosure requirements, RWA calculations and CoRep reporting process.
- Prior experience in a top tier bank or similar financial institution, or a large blue chip corporate.
- Strong Excel skills and previous experience of having managing and working with large volumes of data.
Barclays is a British universal bank. It is diversified by business, by different types of customers and clients, and by geography. Barclays businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by its service company which provides technology, operations and functional services across the Group.
Everything Barclays does is shaped by its five values of Respect, Integrity, Service, Excellence and Stewardship. The Barclays values inform the foundations of its relationships with customers and clients, but they also shape how Barclays measure and reward the performance of colleagues. Simply put, success is not just about what you achieve, but about how you achieve it.
Barclays aims to foster a culture where individuals of all backgrounds feel confident in bringing their whole selves to work, feel included and their talents are nurtured, empowering them to contribute fully to Barclays vision and goals.
Barclays is currently operating in a hybrid working environment, meaning that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. Please discuss the details of the working pattern options for the role with the hiring manager.
As a contract employee of Randstad Sourceright, you’ll receive a wide range of financial and personal benefits. There’s enrolment in a pension plan (after 12 weeks on assignment) and holiday pay. You’ll also get 24/7 access to an Employee Assistance Programme, designed to help you deal with any problems that could be affecting your home or work life. Plus, there’s discounts at heaps of high street shops, restaurants and entertainment - from Asda to Zizzi Italian restaurants.