23 Oct
Countryside Properties
London
Location London
Department Financial Management
Mergefield Title {Mergefield Value}
Mergefield Title {Mergefield Value}
About the role
Financial Management department is in charge of planning, organising, directing and controlling the financial activities of the Bank. The department performs a variety of financial functions, including accounting and financial reporting, fixed asset and expenses management, budget and management reporting, taxation (indirect and direct), regulatory reporting, treasury (asset and liability management) and capital management. As an Assistant Vice President - Regulatory Reporting (Balance Sheet Management), you will be responsible for preparing and analysing Bank of England’s Statistical Reporting,
FINREP, Branch returns and support Head office requirements and data enhancement project. You will ensure that the Bank of China Group policy and regulatory requirements are adhered to. This is a 24 months fixed term contract position.
Key responsibilities
- Responsible for the preparation and analysis of Sub and Branch entities’ monthly, quarterly, annual and ad-hoc statistical and balance sheet reporting; this includes but is not limited to BT, EL, AD, AL, BE, BN, FI, LN, CA, CC, CL, PL and BG
- Improve operational process in the Statistical and FINREP side of Regulatory Reporting including both Sub and Branch entities
- Assist in preparing FSA017 Interest Rate Risk Return
- Liaise with a variety of internal and external stakeholders for quality control and analysis
- Prepare and review balance sheet and statistical deliverables due via BOE for both Sub and Branch entities
- Identify and implement opportunities for automation, process improvement and efficiency
- Interpret and implement data management projects when required
- Reply to Regulator on queries raised on returns
- Keep up to date of APC mapping within Reg system
- Upkeep of procedure manual and EUCs
Requirements
- Degree educated preferably in Finance, Economics, Accounting, or other equivalent
- Qualified Accountant (e.g. ACA, ACCA, CIMA)
- Experience in Regulatory/Financial Reporting on BoE and FIRNEP reporting in UK Banking industry
- Confidence and ability to be the balance sheet management Subject Matter Expert
- Knowledge of Retail and Commercial Banking products
- Knowledge of BoE Statistical reporting and branch reporting guidance
- Knowledge of FIRNEP rules
- Attention to detail
- Advanced proficiency in MS Excel and MS Access
- Good organisational skills
- Experience in people management is desirable
- Team player
- Excellent communication skills
Working here
Having a presence in the UK for more than 90 years, Bank of China London Branch has been providing an excellent financial service to the market and maintain its competitive edge as an international bank operated in the UK. It has employees in over 33 countries, and it is one of the most internationalised overseas branch in the Bank of China Group. The Bank values the diversity of its employees and aims to create an inclusive environment where everyone can speak up and enjoy the equal opportunities to grow both personally and professionally.
We strive to offer you a continuous learning environment and we will invest in your development.
We provide personalised and varied learning tools to support your growth and career through:
- access to the best in class qualifications from leading professional bodies such as the Professional Bankers Certificate and Green & Sustainable Finance Certificate from the Chartered Banker Institute
- 24/7 on-demand access to over 600 e-tutorials to build and refresh core and advanced banking knowledge
- regular pan-bank stay connected sessions to keep in touch with what is going on across the bank and build your network
- exploring your unique and collective strengths and development areas to become the best version of yourself using the globally renowned Insights personality profile
- developing our People Managers to help coach and guide you towards success,
through our 9-month People Manager Development Programme
- encouraging a “growth” personal mindset and promoting continuous professional development (CPD) through annual events such as Learning at Work Week
- embracing change in a fast-moving industry and encouraging a forward-looking perspective on career development to “future-proof” your career
- promoting cross cultural intelligence and to seek out diverse and inclusive perspectives on challenges faced and their solutions
We provide an attractive and comprehensive benefits package,
offering flexibility that can enable you to select the benefits that suits your needs, including:
Employee Assistance Programme
Complimentary Lunch
Cycle to work scheme
Retail Discounts
Celine Luo
Assistant Vice President, Financial Crime and Compliance
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