Head of Regulatory Reporting

Our client a leader in the Financial Services Sector is currently looking to hire a Head of Regulatory Reporting. Excellent opportunity for the right candidate

Job title: Head of Regulatory Reporting

Responsibilities:

·        Support the Head of Local Regulatory Reporting by supervising the production of

·        reports to the Central Bank of Ireland, Central Statistics Office and all other

·        Governmental bodies who are stakeholders of regulatory reporting information, on

·        matters arising during and after the reporting periods on the designated reporting

·        packages submitted under responsibility.

·        Manage testing and implementation of software applications supporting regulatory

reporting.

·        Collaborate in the implementation and roll-out of IT reporting solutions in

coordination with the Projects and Systems Teams in Finance Oxygen Platforms

(Madrid, Lisbon and all other locations) and ITO.

·        Supervise the maintenance of logs on matters arising during the course of the

monthly financial reporting process and undertake the implementation of their

solutions in a timely manner.

·        Participate in the performance and on-going enhancements to the daily financial

accounting control environment

·        Manage the preparation and reporting of various additional or ad-hoc reporting

requirements to the Local Authorities in Ireland, Regional Finance, Head Office,

other regulatory bodies, local management on all matters related to local regulatory

reporting.

·        Ensure procedures and processes that improve the overall performance of the

area are updated and implemented.

·        Contribute to communication forums with the Head of Local Regulatory Reporting,

·        CFO and Executive Management (CEO and COO) to inform the compliance with

regulatory reporting, identification of risks and opportunities to enhance the control

environment surrounding the production of regulatory reports.

·        Actively participate and represent BNP Paribas in Industry Forums related to the

core of his/her activity

·        Support the Head of Local Regulatory Reporting by participating in a Finance

·        Regulatory Watch Committee with the objective to anticipate the deployment of

·        new regulatory requirements impacting Finance.

Organization & Team: Ensure that the Local Regulatory Reporting Team is appropriately

organized and staffed with the correct profiles according to the Business needs of the Bank

and Entities under responsibility. Directly oversee the Staff Development, Training and

Succession planning.

Finance Projects & Systems: Within the scope of responsibilities, support the Head of

Local Regulatory Reporting in rolling out of the New Systems, Change of Organizational

setup, maintenance, and enhancement of Finance systems, etc. in strict liaison with the

Regional Finance Projects & Systems Team.

Procedures & Controls: Ensure that the Area’s procedures and controls are up to date

and current in accordance with BNP Paribas norms and standards.

Supports the Head of Local Regulatory Reporting in maintaining contact with

external authorities and stakeholders

In charge of correct reporting to the local National or Central Bank, or other

regulatory/government bodies

- Maintains regulatory watch of matters of potential impact to local finance

- All interactions with auditors, including follow up of recommendations, within the

scope of its responsibilities.

Skills required:

Educational background:

University degree in finance & accounting, economics or comparable background

Professional qualification ACCA or equivalent, beneficial

Minimum 5 years’ work experience in finance functions o/w minimum 3 years’

experience on regulatory reporting, in the financial sector covering all the activities

developed by BNP Paribas in Ireland which are under the scope of CIB Finance.

Background in audit is a plus

Professional proficiency in English is mandatory.

Essential specific requirements

·        Compliance with the Central Bank regulatory requirements

·        In-depth knowledge and understanding of generally accepted accounting

principles, IFRS, Irish GAAP, regulations and reporting specificities.

·        Strong Corporate Banking product knowledge, products, services and their

profitability

·        Strong understanding of financial and operational risk control requirements to

ensure that financial reporting systems in place are compliant and continuously

monitored

·        Ability to learn new systems, agile reporting tools and products quickly

IT skills: capacity to use several of the following office tools in a proficient manner:

Microsoft Office (Excel, Word, PowerPoint, Access)