Manager – Regulatory Change (Risk)

  • Competitive
  • London, England, United Kingdom
  • Permanent, Full time
  • Mediterranean Bank Plc
  • 16 Aug 17

The selected candidate will need to possess an extensive knowledge of European banking regulations and banking risk management to join a high profile Business Development team and take responsibility for a portfolio of regulatory risk projects.

The position will be based in either London or our offices in Malta.

Duties and responsibilities

  • Lead on a number of regulatory risk projects including but not limited to IRRBB (BCBS 368), ICAAP & ILAAP, Basel III, ECB Stress Testing, ECB TRIM
  • Participating in a group level risk reporting automation project
  • Interacting with the Business, Technology, Legal, Compliance, Risk, Finance and other Operations teams to be able to interpret existing and new risk regulations and translate them into the business impacts
  • Managing external suppliers of regulatory systems and data. Running Request for Proposal (RFP) processes across a number of potential vendors
  • Ensuring an effective delivery of agreed regulatory projects, covering activities such as:
    1. Confirming nature and scope of change
    2. Impact assessment of changes. Performing GAP Analysis
    3. Analysis and documentation of requirements
    4. Identification and analysis of solutions
    5. Designing of the implementation of process and organisational changes
    6. Interpreting business requirements into system requirements
    7. Where appropriate, act as a bridge between the less technical officers and the technical resources to ensure correct implementation of requirements
    8. Providing systems and product expertise to key stakeholders to enable smooth implementations of technology solutions for new regulatory reporting
    9. Preparation of detailed documentation summarising the list of process and operational changes, system requirements, deadlines, costs, project risks and constraints

Required knowledge, skills and experience

  • Experience working in a fast-paced analytics environment preferably in corporate banking, investment banking or professional services
  • Strong understanding of EU financial services regulation
  • Ability to assimilate and understand rapidly emerging regulatory standards
  • Very good understanding of retail and corporate banking industry and operating models
  • Ability to communicate at a senior level and drive scoping discussions for the major projects.
  • Track record of regulatory risk projects delivery and managing project teams, including the ability to meet deadlines, overcome challenges, manage stakeholder expectations, produce project plans and deliverables