Head of Prudential Regulatory Finance Change

• An opportunity to lead Prudential Regulatory Transformation at a growing bank.
• Must have strong PRA knowledge and experience leading a team.

About Our Client

A large international bank, this is a London based role.

Job Description

Head of Prudential Regulatory Finance Change sits within the Finance change team and is part of a dedicated resource pool focusing on Regulatory Change. The role is responsible for supporting, assisting and delivering Prudential Regulatory change impacting the banks across EMEA.

Accountabilities / Responsibilities

• Develop and maintain good working relationships with Reg Tech partners and internal technology partners, ensuring high quality services levels;
• Control, manage and drive the change development schedule, prioritising activity and directing developer resource appropriately;
• Maintain and update the Reg Roadmap strategy, ensuring best in class architecture to support the execution of our Reg Reporting requirements;
• Maintain close liaison with technology support and development teams, working in partnership to deliver priorities;
• Manage project workload and work flexibly to prioritise the development resource as necessary;
• Communicate project progress to senior management and other relevant stakeholders through regular update meetings;
• Manage the processes for the design, development, support, testing and maintenance of business requirements to deliver projects;
• Understand and document business requirements to create development specifications, and undertake UAT and implementation testing for various new developments;
• Support BAU users across the EMEA region, as required, on new and existing functionality;
• Build a strong team by developing ongoing training and development plans for direct reports;
• Other ad hoc project tasks as required;

The Successful Applicant

A successful Head of Regulatory Finance Change should have:

• Proven expertise in regulatory finance within the financial services industry.
• Strong project management skills, including the ability to lead cross-functional teams.
• Deep understanding of regulatory requirements and their application to banking and financial services operations.
• Excellent analytical and problem-solving abilities to identify and implement process improvements.
• Effective communication and stakeholder management skills to drive collaboration and alignment.
• A relevant professional qualification or degree in finance, business, or a related field.

Head of Prudential Regulatory Finance Change Knowledge, Skills, Experience, Qualifications Job Knowledge

• Extensive experience of Prudential regulation across EMEA
• Strong knowledge of data requirements and calculations required for Regulatory output
• Financial Product Knowledge (IR & FX Derivatives, Securities, Equity, Loans, Deposits, Current Accounts) gained through working within the banking sector
• Experience in producing business requirements in liaison with Regulatory reporting teams
• Act as consultant to the Business for all tasks related to Finance Regulatory Reporting
• Functional expert and certified business analyst in Banking sector and across multiple countries - Desirable
• Ability to interrogate and analyse data on Oracle based platform and / or MsAccess (SQL) - Desirable
• Provide Knowledge and Documentation support for all aspects of the development life cycle (requirements, gap analysis, test plans, testing, issue and risk logs, user procedures and ongoing continual process improvements)
• Need to be as functionally knowledgeable as software supplier business experts to engage in discussions and provide meaningful analysis to them, including bug fixing / testing
• Knowledge of upgrade procedure for management of all system testing and end to end testing of new software
• Manage testing phases with users in different entities/countries, including software training, user set up and bespoke development software training
• Leadership experience including managing and developing strong performing team

Experience

• Experience delivering Prudential Regulation change projects
• Preparation and analysis of regulatory and statistical reporting - Desirable
• Working knowledge of reporting query software, spreadsheets and data mining
• Experience in providing regulatory analysis to Front and middle office - Desirable
• Good knowledge of Finance Systems, General accounting and business knowledge
• Strong knowledge of all derivative and securities products - Desirable

Skills / Abilities

• Oracle SQL, MS Office Suite, AI literate - Desirable
• Very IT literate (very good level of Excel skills and basic ability to use SQL) - Essential

Qualifications

• Part or fully qualified accountant - Desirable
• Project Management qualification - Desirable

What's on Offer

• Competitive salary ranging.
• Comprehensive standard benefits package.
• Opportunity to work in a prominent organisation within the financial services industry.
• Based in London, offering a central and convenient location.
• Long-term professional growth and career development opportunities.

This is a fantastic opportunity for an experienced professional to make a significant impact in regulatory finance change. If you're ready to take the next step in your career, apply now.