Job
Graduate - Finance
ICBC Standard Bank Plc
•
1mo ago
đź’Ľ Graduate Job
London
⌛ Closed
Applications are closed
Description
This is a key role within the TCM Reporting team, with a focus on the calculation, analysis and reporting of the firm's capital, large exposures, leverage, funding and liquidity position for use by internal and external stakeholders. The role offers cross training and rotation across the dfferent disciplines within the team.
Key strategic objectives are:
- All key regulatory calculations performed in line with regulatory rulebook.
- Delivery of regulatory information within the firm that is timely, accurate and relevant to the needs of business and management.
- Completion of regulatory returns to the PRA and CBIRC in line with requirements, supported by robust review processes.
- Ongoing review and challenge of all key data attributes and processes that support the calculation and reporting of the firm's capital position.
- Close working relationship with departments across the Bank (including Financial Reporting, Risk, Front Office and IT) to support new business initiatives and regulatory developments.
There will be the opportunity to study towards a chartered profession i.e. CIMA/ACCA.
Requirements
- Degree educated with strong academic background or equivilant qualifications
- Previous experience working in Financial Services is desirable although not required
- Basic financial instrument knowledge would be beneficial
- Microsoft Office application knowledge (Excel, PowerPoint, Access) would be beneficial
- Suitabiliy for the role
- The role would suit someone who:
- Prefers a day to day role with a set schedule and relatively stable workload
- Prefers working in a controlled environment and operating in accordance with agreed policies and procedures
- Has an affinity for accounting concepts (including willingness to study towards an accountancy qualification)
- Is a good communicator and enjoys working collaboratively across a range of stakeholders in a multicultural environment
- Is self-driven and has a natural curiosity and desire to learn
- Is organised and can prioritise and attend to a number of tasks at one given time
- Emphasises great attention to detail
- Has good problem solving/analytical skills
- wants to fully understand end to end processes and proactive in following up on and resolving any issues
- The role would not suit someone who:
- Prefers a role with a very varied workload and a more flexible schedule
- Wants to express their creativity and prefers to innovate rather than following set processes
- Prefers to work independently and has difficulty working in a team
- Has difficulty working in a traditional hierarchy
- Does not want to study for an accountancy qualification whilst working full time which requires dedication and good time management skills
Education requirements
Bachelors
Area of Responsibilities
Banking & Finance
Responsibilities
- Assist in the timely and accurate completion and submission of all capital and liquidity returns and provision of management information, including:
- Regulatory Capital and Large Exposures (LE) calculations
- Daily Regulatory Capital and LE reports to business and management
- Daily Liquidity headroom reporting against the Liquidity Coverage Ratio (LCR) and internal stress tests
- Monthly EBA Funding & Liquidity Regulatory reports: LCR, Additional Liquidity Monitoring Metrics (ALMM) and Net Stable Funding (NSF)
- Quarterly COREP returns to the EBA & PRA covering Own Funds, Risk Weighted Assets, LE and Leverage
- Monthly and quarterly PRA Liquidity & IRRBB reports: PRA110 and FSA017
- Quarterly Capital, Leverage, Funding & Liquidity data to ICBC Head Office
- Production of management reports to governance committees such as ALCO and BRMC
- Responsible for the delivery of:
- Detailed analysis and commentary on changes in capital, funding & liquidity positions
- Executive summaries and presentations for Senior Management
- Presentations on results in the Senior Management review meetings
- Information for inclusion in Annual Financial Statements, Pillar 3 and ICAAP/ILAAP documents for the year-end reporting cycle
- Participating in the testing of ongoing system changes
- Controls and efficiency:
- Support the reconciliation of capital and liquidity data to the general ledger as part of the month end process to validate regulatory returns
- Actively work to reduce the number of manual adjustments and work collaboratively with other teams to avoid duplication of work and bring about
- efficiencies
- Identify areas in the procedures which can be improved so as to provide time savings and / or an enhanced control environment. Improvements may relate to spreadsheets and procedures or changes to calculation engines and reporting systems. Assist in the subsequent implementation of the proposed changes.
Details
Work type
Full time
Work mode
hybrid
Location
London