The candidate in this role will be responsible for supporting the Capital team in preparation of daily, monthly, quarterly and annual reporting to local European Regulators including but not limited to, Deutsche Bundesbank, European Central Bank and several other European national competent authorities on various CoRep Own Funds reports, internal management and external ad-hoc reporting.Responsibilities & Tasks Include:
Complete and accurate preparation of weekly, monthly, quarterly and annual reporting to applicable regulators
Prepare initial schedules and reports related to Credit Risk, Capital Ratios, MREL TLAC, including primary data provider capture point and work paper preparations
Understanding the Banking Products and able to co-relate to Risk Weighted Assets
Analyze financial data in order to complete filings, understand fluctuations and uncover potential inaccuracies
Perform edit check reviews and follow up on applicable discrepancies
Perform reconciliations across products, reports and schedules
Execute source system data reconciliation versus General Ledger
Prepare monthly management reports and trends on capital adequacy
Monthly systems processing of ABACUS DaVinci including manual systems entries, data extractions, data quality checks and reconciliations
Stay informed of regulatory changes and work with management to develop processes for implementation of new reporting requirements
Maintain detailed procedures and documentation for the above processes
Job Requirements:Education and Experience
Bachelor’s degree in finance, business, or equivalent
8-10 years of progressive experience in banking or financial services
Functional knowledge on Basel framework (Basel III & IV)
Excellent communication, documentation and organizational skills
Proven track record of successful project execution
Ability to multi-task and work under high pressure deadlines
Ability to reprioritize timely
Strong attention to detail and accuracy
Ability to work with other departments and represent the team in a positive manner
Ability to work both independently and as part of a team
Familiarity with bank reporting and local German/IFRS accounting
High level of interpersonal skills and integrity
Chartered Accountant certification (not required but beneficial)
Familiarity with financial products and financial institution operations
Familiarity with European Capital Requirements Regulation (CRR) and German Banking Act (KWG)
Skills/ Knowledge
Proficiency in Microsoft Office suite (Excel, PowerPoint, Word)
Advanced Microsoft Excel and ability to manipulate data
Knowledge of Regulatory Reporting software (e.g. ABACUS DaVinci) a plus
Proven ability to write, tune and execute complex SQL queries
Ability to use Bloomberg terminal as a research tool
Financial and accounting skillset – knowledge of regulatory reports and forms
Strong Analytical and problem-solving skills
Ability to transform a business need into a visual representation
