Vice President - Country Regulatory Reporting

Job description

**Key Responsibilities** **Strategy** * Ensuring alignment with country stakeholders on the development and execution of country specific strategic goals regarding Capital / Liquidity \& IRRBB / other Country Financial Regulatory Reporting (FRR). * Identifying and implementing best practices to enhance reporting efficiency and accuracy. **Business** * Understanding and articulating country specific regulatory requirements, including but not limited to the Basel Framework (Basel II, III and IV), capital/liquidity/FRR metrics computation and methodologies, and regulatory parameters and key drivers. * Understanding banking products and country specific business context and correlating these to local regulatory reporting. * Translating relevant regulatory requirements into business and functional requirements and driving the discussion with country stakeholders across Finance, Treasury, Risk, Data, IT and the Business for ongoing compliance in local regulatory reporting. * Maintaining effective communication with stakeholders to understand their requirements and queries and provide necessary execution and consultation support. **Processes** * Ensuring accurate and timely submission of all required local regulatory returns to relevant senior stakeholders and/or regulatory authorities where appropriate. * Ensuring the operational efficiency, accuracy and completeness of the reports are monitored with appropriate KPIs. * Establishing robust governance and controls for the reporting process including the requirements to manage report quality and operational control. This includes expected data quality monitoring required in the reporting standards for regulatory reporting. * Continuously striving for process optimization to enhance production efficiency and reduce errors. * Leveraging technology and automation tools to streamline reporting processes. * Supporting the transition of changes into BAU effectively that is aligned with the Bank's regulatory and technology objectives. **People \& Talent** * Planning and allocating resources effectively to meet reporting deadlines and regulatory requirements. * Developing the team to build capacity and elevate team capabilities at pace with evolving regulatory and business demand. * Providing guidance, training and mentorship to the GFS regulatory reporting team on technical knowledge, best practices, and technologies. * Building relationships to improve collaboration across country and GFS functions to resolve issues and implement changes for local regulatory reporting. **Risk Management** * Monitoring and ensuring that appropriate BAU and Change governance and controls are followed across all production and transformation activities. * Overseeing the maintenance of comprehensive documentation of reporting processes, standards and controls. * Coordinating with internal and external auditors to facilitate audits and reviews. * Identifying, monitoring and escalating as and when required key issues in the regulatory reporting process leading to material errors in regulatory returns. **Governance** * Monitor and ensure that appropriate Change governance is followed across all transformation initiatives. Represent the function at the governance forums in place for tracking change initiatives and influence decisions in respect of the change backlog, prioritisation, choice of technology tools and the operating model. **Leadership Qualities \& Characteristics** * Upholding high ethical standards and ensuring all reporting activities are conducted with integrity and transparency. * Promoting a culture of diversity and inclusivity, compliance and ethical behaviour within the team. * Inspiring proactive and innovative behaviours in the team to continuously improve performance and strive for excellence. **Regulatory \& Business Conduct** * Display exemplary conduct and live by the Group's Values and Code of Conduct. * Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct. * Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters. **Key stakeholders** * GPO/GPM, Capital \& Liquidity \& FRR * Group Regulatory Reporting -- Head and Reporting Leads * Country Regulatory Reporting -- CFO, Financial Controller and Country Leads * Credit and Market Risk functions -- Functional Heads and Leads * Technology and PSS -- Head and Leads across PSS and Technology * Change Management - Head and Leads across Capital \& Liquidity Change **Skills And Experience** **Priority Technical Skills** * Balance Sheet Management * Assesses, optimises and monitors the Bank's / business function's balance sheet to protect financial health, enhance financial resilience, ensure regulatory compliance, and support business growth aligning with the bank's strategy. Only required for "Capital \& Liquidity Reporting" * Capital Management * Understand and apply knowledge pertaining to the external capital markets, regulatory requirements and thresholds, and the Group's capital structure to support managing capital positions, metrics and capital risks, including stress testing, reporting and optimising the Group/Country capital resources and usage. Only required for "Capital Reporting" * Liquidity Management * Understand and apply knowledge of external markets, regulatory requirements and thresholds, to support managing the Group's short-term liquidity obligations as well as liquidity levels and risks, including stress testing, reporting and optimising the Group/Country liquidity positions and resources. Only required for "Liquidity Reporting" * Interest Rate Risk (IRR) Management * Leverages Interest Rate Risk (IRR) Management tools, techniques