Head of Reg Reporting / PRA - Huxley : Job Details

Head of Reg Reporting / PRA

Huxley

Job Location : London, UK

Posted on : 18/10/2024 - Valid Till : 29/11/2024

Job Description :

A leading financial services organisation is currently searching for a Head of Regulatory Reporting with experience in PRA and Financial Reporting on a 6 - 12 month contract basis.The day rate will be £900 Umbrella per day, with their working policy being two - three days out of their London office.

The role will look to migrate to a perm role at the end of the contract. Responsibilities for the role are;

The Head of Regulatory Reporting is a senior leadership role responsible for overseeing the regulatory reporting function, ensuring compliance with Prudential Regulation Authority (PRA) requirements. This role involves leading a team of regulatory reporting professionals, coordinating with various departments, and ensuring timely and accurate submission of regulatory reports.

Key Responsibilities:

  • Regulatory Compliance:
    • Ensure all regulatory reports are prepared and submitted in accordance with PRA guidelines and timelines.
    • Maintain up-to-date knowledge of PRA regulations and ensure the organization's reporting practices are compliant.
    • Liaise with regulatory bodies to stay abreast of changes in reporting requirements and implement necessary adjustments.
  • Team Leadership:
    • Lead and mentor a team of regulatory reporting analysts and specialists.
    • Foster a culture of continuous improvement, accountability, and excellence within the team.
    • Conduct performance evaluations and provide training and development opportunities.
  • Data Integrity & Reporting:
    • Oversee the collection, validation, and analysis of data required for regulatory reporting.
    • Ensure the accuracy and completeness of all regulatory reports before submission.
    • Implement robust control frameworks to mitigate risks associated with regulatory reporting.
  • Stakeholder Management:
    • Collaborate with internal departments, including Finance, Risk, Compliance, and IT, to ensure cohesive and comprehensive reporting processes.
    • Communicate effectively with senior management and provide insights into regulatory reporting matters.
    • Serve as the primary point of contact for external auditors and regulatory examiners.
  • Process Improvement:
    • Identify opportunities for process enhancements and automation to improve efficiency and accuracy in regulatory reporting.
    • Lead projects aimed at optimizing the regulatory reporting function and implementing best practices.
    • Monitor and assess the impact of new regulatory requirements on existing processes and systems.
  • Strategic Planning:
    • Develop and execute the regulatory reporting strategy in alignment with the organization's goals and regulatory environment.
    • Provide strategic insights and recommendations to senior leadership on regulatory reporting trends and developments.
  • If you are interested, please apply with an up to date CV or your Linkedin, and I will reach out if your profile matches the client requirements.

    Please click here to find out more about our Key Information Documents. Please note that the documents provided contain generic information. If we are successful in finding you an assignment, you will receive a Key Information Document which will be specific to the vendor set-up you have chosen and your placement.

    To find out more about Huxley, please visit www.huxley.com

    Huxley, a trading division of SThree Partnership LLP is acting as an Employment Business in relation to this vacancy | Registered office | 8 Bishopsgate, London, EC2N 4BQ, United Kingdom | Partnership Number | OC387148 England and Wales

    Salary : 900 - 900

    Apply Now!

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