Full Description

Purpose of Role
To ensure SGHBCI meets all its JFSC and GFSC reporting obligations and provide information to SGKH London to assist SG’s regulatory reporting to the Autorité de Controle Prudentiel (ACP)

• Daily regulatory administration
• Daily regulatory production and monitoring of large exposures & LCR (Liquidity Covergae Ratio)
• Production of daily, monthly and quarterly Channel Islands regulatory returns via new AgileREPORTER tool by Vermeg including :

1. Daily large exposures
2. Daily LCR Liquidity
3. Bank of England MA1 returns
4. Quarterly JFSC Basel III & GFSC Basel II reporting

• Responsibility for the review and control of regulatory static data in Olympic
• Ownership of regulatory procedures
• Liaison with the financial control function
• Liaison with the Risk function
• Contribution to internal regulatory projects
• Reduction of regulatory key-person operational risk

Key Responsibilities

• Responsible for the accurate production and timely submission of all JFSC and GFSC regulatory returns for the Bank
• Daily monitoring of the Bank’s business in relation to regulatory limits, including capital adequacy, large exposures, liquidity and large depositors
• Responsible for ensuring JFSC and GFSC reporting and monitoring compliance, liaison with regulators, production of related management information and responding to change
• Responsible for monthly reporting to SG Kleinwort Hambros group to assist with reporting to SG Paris
• Responsible for advising management on the impact of compliance with JFSC and GFSC regulations on existing or proposed business
• Liasing with Banking Operations, MKS and Risk to ensure accurate recording and coding of data for Financial Control
• Working with IT and software suppliers to provide systems to enable the above regulatory requirements to be met; including:

1. Operational sponsor for the automation of Channel Islands regulatory returns, including automation to accommodate migration from the Basel II to the Basel III regulatory regime

• Monitoring regulatory developments and maintaining & developing regulatory knowledge to ensure that:

1. Emerging and existing issues are identified, communicated and escalated within the regulatory function and across the business, as appropriate: and
2. Regulatory policies, procedures and automations are aligned with all requisite regulatory changes. 

• Contribution to internal regulatory projects, including the annual refresh of liquidity behavioural adjustment data, periodic regulatory stress testing, new product developments and automation of Channel Islands regulatory returns
• Liaison with internal and external audit, as required
• Attendance at internal committee meetings, as required
• Responsible for the submission of concession limit application forms
• Manage regulatory accountant

Qualifications Required
Necessary

• Qualified accountant with Big 4 audit experience
• Advanced Excel skills, with experience of working reliably with large Excel data sets, including manipulation of data using complex Excel formulae
• Advanced Olympic or equivalent banking systems and the relationship of this data and architecture to regulatory returns
• Legal and regulatory comprehension and interpretation skills

Desirable

• Visual Basic programming skills
• 5 years recent regulatory experience, including regulatory audit experience
• Financial & statutory accounting experience  

 

How to apply

To apply for this job please email charlotte.galt-ext@sgcib.com.

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