Manager, Regulatory Reporting Manager, Regulatory Reporting …

Standard Chartered Bank
à Luanda, Luanda, Angola
CDI, Plein-temps
Soyez parmi les premiers à postuler
Standard Chartered Bank
à Luanda, Luanda, Angola
CDI, Plein-temps
Soyez parmi les premiers à postuler
Standard Chartered Bank
Manager, Regulatory Reporting
About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.

To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.

We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.

The Role Responsibilities

Local regulatory compliance :
  • Preparation of all daily, monthly, quarterly, half yearly and yearly Returns to the BNA.
  • Ensure quarterly trial balance is prepared for publishing on our website
  • Ensure timely, and accurate Regulatory reports are submitted to the BNA.
  • Ensure monitoring of daily Liquid asset and Minimum Reserve Balance requirements and all other risks on monthly basis.
  • Ensure that daily, monthly, quarterly, half yearly and yearly returns reconcile to management/financial accounts as per Financial Control breakdown as well as validation rules.
  • Reviewing and management of all ad hoc and monthly Reserve Bank queries.
  • Set up monthly reviews in preparation for the BNA discussions
  • Advising senior management (Finance, Financial Markets, CIB, Credit etc) on regular on all regulatory issues
  • Advising the bank on issues related to Capital i.e. Capital Floor calculations
  • Ensure compliance and embedding of Basel guidelines as per BNA requirements.
  • Assisting other departments on the interpretation and application of the BNA regulations and rules.
  • Ensuring that the bank complies with the Bank Act, regulations pertaining to the Bank Act, regulations relating to foreign branches and all guidance notes, directives and circulars.
  • Assisting internal auditors KPMG and external auditors with all aspects of regulatory return audits and advisory processes.
  • Ensure CONTIF to PSGL mappings are frequently reviewed to comply with definitions in CONTIF. Ensure declaration of Security Holdings is done by the Bank in line with BNAs requirement.
  • Assisting with other reporting requirements, including ad hoc matters.
Financial Controls
  • Work with Account Payables Officer to ensure right accruals are made by the Bank and properly managed in line with the FCP
  • Review country, Finance, CEO and CEO other costs on a monthly basis before final numbers are submitted to the Group and regulatory authorities.
  • Carry out monthly analytical review on the numbers
  • Ensure all sundry and suspense accounts are reconciled and substantiated on time and in line with the Financial Controls Policy. This must be achieved both in FCS and manually
  • Ensure the Group's Delegated Authority process is adhered to and maintain appropriate files to support limits
  • Work with FCU to ensure account ownership filling and other documentation required to be maintained by FCU is done in country
Financial & Tax Reporting
  • Ensure IFRS pack is completed on a quarterly basis in line with Group Reporting requirements
  • Complete PMC and submit to the regional office. Ensure appropriate forecasting and budgeting for functions supported
  • Work with Africa Finance Operations (AFO) on intercompany reconciliations and ensure balances with counter parties are correctly booked.
  • Ensure actual, forecast and budgeting is correctly done for CRES
  • Submit cost reports to all support functions on a monthly basis
  • Work with Accounts Payable Officer to ensure monthly tax filling is done for Stamp Tax, Consumption Tax, Special Tax and other regulatory indirect taxes
  • Work with Tax consultants to ensure corporate tax filling is done for the Business
Risk Management
  • To report unit's OR issues and reporting of losses to UORM
  • To assist UORM in developing and updating of procedures, controls and monitoring plans for Operational Risk.
  • Act as OR coordinator for the section.
  • To adhere to the agreed KCSA plans and approach.
  • To identify and report all exceptions on non compliance with standard controls.
  • To identify and report all weaknesses inherent in the standard controls.
  • To maintain proper record keeping on all KCSA related activities.
  • To maintain independence in the conduct of KCSA's i.e. not selecting and reviewing sample of self-performed transactions.
  • Log the department's risk issues into phoenix and ensure proper monitoring and closure
  • Review BCP documents periodically
  • Drive the Finance Transformation agenda
  • Ensure that competitor analysis is done at least on a half yearly basis
  • Preparation of DOI, Job Objectives, ILDP's and individual Performance Assessments for LRR unit
  • Any other responsibilities assigned

Our Ideal Candidate

Finance professional with a minimum of 5 years relevant work experience
  • A financial accounting degree e.g. B. Acc, B. Comm, Bsc Administration (Accounting)
  • Certified Accountant is preferred (CA, CIMA, FRM and its equipment)
  • Thorough/Extensive knowledge of the Banking Regulations, and the ability to interpret and apply these Regulations to the day-to-day running of the business
  • Good understanding of banking practice
  • High level of computer literacy
  • Ability to work with huge volumes of data
  • Excellent communication skills in both Portuguese and English
  • Ability to multi-task

Apply now to join the Bank for those with big career ambitions.