Job Description
The Role
As a team we have a robust approach to doing things the right way and being transparent in our activities, all with the ambition of offering enhanced peace of mind to our customers. Our collaborative and ethical internal culture helps us drive this ambition. Our Finance and Treasury department is directly responsible for ensuring we are fully compliant with the latest regulations and laws. As part of our Finance department, your role would be to assume ownership on Bank’s regulatory reporting function.
Key Responsibilities
As a Regulatory Reporting Officer, your daily activities will include:
- Compiling of accurate, timely and complete regulatory and statistical reporting returns (ex. FINREP, COREP and BR06).
- Assisting in prompt replies to queries received from the supervisory authorities, as well as any necessary follow ups.
- Maintaining the Bank’s reporting framework and following up on upgrades and fixes to regulatory reporting systems and data warehouses, including user acceptance testing of the Bank’s reporting software.
- Ensuring and maintaining a high level of data quality including the performance of regular data quality checks and ensuring that data is uniform throughout the multiple reports.
- Updating internal documentation and manuals, as necessary.
- Compiling any ad-hoc statistical or management reporting as required by Executive Management and providing timely and accurate feedback on any queries thereon.
- Upholding the Bank’s integrity among its various stakeholders and integration of AML / CFT considerations into the relevant aspects of his/her remit.
- Report circumstances that may bring the Bank into disrepute upstream, as well as alerting the Bank’s MLRO on transactions that may need flagging.
Skills and Capabilities Required
- A minimum of two years of experience in regulatory or risk reporting within a bank or financial institution.
- A tertiary level of education in either Accounting, Banking and Finance, Maths and Statistics or a related subject.
- A good understanding of the CRR, CRD IV and MFSA Banking Rules would be considered an asset.
- Strong knowledge of MS Excel and ability to efficiently handle data files with ease.
- Analytical and problem-solving skills and an eye for detail.
- Be self-motivated and quick to take the initiative as needed.
- Ability to multitask and prioritise workloads.
- Be proactive, constantly willing to improve and learn.
Benefits
This opportunity comes with an attractive remuneration package, wellbeing incentives and offers prospects for personal development.
Our employees’ health and wellbeing are important to us. To support this, we offer private health insurance, as well as life and personal accident insurance. In addition, we offer an interest subsidy on home loans or a rental subsidy, a fitness allowance and free parking.
We recognise our employees’ potential and invest in their growth by providing training and development opportunities both internally and externally. Moreover, our employees can benefit from remote working arrangements.
