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Financial Analyst - Regulatory Reporting

Dublin

Financial Analyst - Regulatory Reporting

Dublin | Ireland

Division Description

The Finance & Accounting Division is made up of a number of core finance teams both at business unit and Group level. We perform a key management and control function in ensuring all Group financial and management reporting processes are appropriately governed. The Finance Division has overall responsibility for driving the Group budgeting and forecasting process, developing Group-focused financial insight and analysis and delivering the Group`s statutory, regulatory and external reporting. We do this through collaborative business partnering in each of the Divisions and with centralised Finance shared / specialist services.

Description of Business unit

Regulatory Reporting Controls & Operations (RRCO) is responsible for Statistical, Liquidity and Capital related regulatory reporting for all licensed business units across the BoI Group.

Purpose of the Role

TheStatistical Reporting team, within RRCO, is responsible for the delivery ofall statisticalreports to the Group`s Regulators & Supervisors within agreed timelines, including RS2, MR1,CRS2 and Conduct of business return to name a few.

Key Responsibilities

  • Delivery of assigned Statistical Reporting Entities and Returns within agreed timelines that support the delivery of the following returns:

Resident Offices Return (RS2)

Monthly Interest Rate Return (MR1)

Quarterly returns (CRS2,SQ2,MTS)

Conduct of Business Return (COBR)

Payment Statistics Return (PSR)

Credit & Debit Card Return (CDR)

  • Maintain and enhance the existing strong governance framework to ensure full compliance with all controls, limits, standards and obligations under Group policies: (i.e. 4 eye control, recs, EUC`s);

Ensure all processes/returns are produced to audit and Internal Financial Control (SOx-level) programme standards;

Ensure any discrepancies/queries are investigated and explained;

Ensure audit ready documentation (Basis of Prep, procedures, issue log, escalation policy, process maps etc.);

  • Initiate and support RRCO/Group Finance input into strategic projects and ad-hoc Regulatory requests such as BCBS239,RRCO Transformation Project, Process Improvement etc.;
  • Develop a detailed understanding and working knowledge of all Statistical Reporting processes and all returns to broaden knowledge and ensure the delivery of BAU reporting during annual leave periods;
  • Work collaboratively with the wider RRCO team to consistently deliver solution based approaches which support the achievement of business objectives (timely accurate reporting of Regulatory returns within a high control environment);
  • Support Business Continuity processes for liquidity reporting, including BCP desktop and Work Area Recovery testing;
  • Maintain relationships with key stakeholders, including Group Treasury, Financial Control, BOI Global Markets, BoI (UK) plc etc. to ensure awareness of funding strategies and/or initiatives for liquidity reporting purposes.

Essential Qualifications

  • Hold a relevant professional qualification (ACA, ACCA, etc.) or have extensive experience gained through wide exposure to financial practices within a relevant business environment.
  • Strong communication skills and adept at establishing professional credibility at all levels within the business and across the Group.
  • High energy, bias for action, drive for results, strong resilience and focus on execution excellence;
  • Ability to think and act from a BoI Group perspective.

Essential Skills & Experience

  • Demonstrable Regulatory Reporting/Treasury experience, ideally within a Banking environment;
  • Advanced proficiency in Microsoft Office suite (particularly Excel) with a good working knowledge of VBA highly desirable;
  • Understanding of liquidity management, collateral management, Basel III/CRD IV and the wider regulatory environment;
  • Strong data manipulation & analysis skills and techniques;
  • Understanding/experience in the use of analytical tools ( e.g. SAS, VB, SQL);
  • Demonstrated experience of delivery to tight reporting deadlines;
  • Ability to challenge constructively current processes and norms and provide objective insight and solutions to problems.

Desirable Qualifications, Skills & Experience

  • Ability to liaise with and manage the requirements of multiple stakeholders;
  • Ability to adapt and perform in a dynamic environment;
  • Strong planning and organisational skills;
  • Ownership and integrity;
  • Effective drive and enthusiasm;
  • Quick Learner and Assertive individual who can act in following instructions and act independently when appropriate
  • Ability to deliver change and improve current processes

Bank of Ireland Group is an equal opportunities employer and is committed to fostering an inclusive workplace which values and benefits from the diversity of our workforce.

Where Agency assistance is required Bank of Ireland Recruitment Team will engage directly with suppliers. Unsolicited CVs / profiles supplied to Bank of Ireland by Recruitment Agencies will not be accepted for this role.

Closing date: Nov 23, 2018

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