Job Title Here Experience Director

Job ID: 000000123SC
Location: London, UK
Area of interest: Investment Banking
Job type: Permanent - Full Time
Work style: Hybrid Working
Opening date: 27-Sept-2022 Closing Date: 12-Oct-2022
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Title:  Group Regulatory Reporting Accountant

35763

London, GB

Audit, Accounting & Finance
Regular Employee
Hybrid
29 Jul 2025

Job Summary

The Group Capital Regulatory Reporting (GCRR) is responsible for the production, control and delivery of the Group’s key prudential supervisory reporting and disclosure for Capital, Large Exposures and Leverage, including: COREP (Own Funds, LE, Leverage) and Pillar 3, as well as the relevant parts of the Annual Report, Interim Management Statements and Interim announcements.
The team is based in London and supported by teams in India, Poland and Singapore. The team also plays a key support and liaison role for country regulatory teams, global functions (such as Risk, Compliance and Treasury), Investor Relations and is a key contact for the Bank of England. The team also acts as a centre of subject matter expertise in internal assessment of new regulations for the business, delivering Quantitative Impact studies, supporting change functions and Financial Planning and Analytics, advising senior management, regulatory liaison, participating in industry groups, and supporting external stakeholders. 
GCRR team has responsibility for reporting/disclosure requirements including COREP own funds, leverage, large exposures and Pillar 3. This is delivered by a team of ~ 12 in the UK and ~90 located in Chennai Bangalore and Poland.  The team works closely with the Group Financial Reporting team and are key stakeholders in the quarterly disclosure process. The GCRR team designs and operates the control framework, identifies and raises change requests for Finance Change to action and perform user acceptance testing. 
This role of Manager – Group Capital Regulatory Reporting reports to the Regulatory Reporting Senior Manager covering various aspects of BAU capital reporting team covering the Credit Risk, Counterparty Risk, CVA, Securitisation, Leverage and Large Exposure parts of the COREP returns and associated disclosures, GSIB, QIS and Pillar 2. 
Full and part-time applicants will be considered for this role.

Key Responsibilities

Strategy
•    Work with the Regulatory Reporting Senior Manager to report to the PRA financial and risk information for Common Reporting (COREP)) and other reporting deliverables. 
•    Responsibility for external market regulatory reporting (Results Announcement, Pillar 3 Disclosures etc), ad hoc regulatory submissions and the provision of internal advice and guidance on regulatory reporting. 
•    Contribute to the development and implementation of regulatory projects to deliver a best in class and sustainable regulatory reporting utility for the future.

Business
•    Understanding of the Group’s businesses and products and how they impact regulatory capital metrics, reporting and associated controls.
•    Expertise in relation to the regulatory capital calculations (particularly credit risk including counterparty credit risk (standardised and models) and securitisations) including current and future rules and regulations and how they apply to SCB.
•    Expertise in systems and processes used to generate regulatory capital metrics.
•    Interpretation and guidance to business units on PRA rules under Basel 3.1 and taxonomy changes.

Processes
•    Timely submission of GCRR processes covering COREP Own funds, Large Exposures, Securitisation, Leverage, Pillar 2, G-SIB and associated reporting and disclosure. 
•    Development and maintenance of controls and the control environment
•    Extensive use of Excel, and SQL for data extraction and analysis. 
•    Review key variances, trends and commentaries for RWAs, Leverage and Large Exposures. 
•    Maintain a list of system/process/data issues and contribute to Capital Data Quality Forum.
•    Develop solutions to mitigate risk associated with systems/process/data issues and streamline.
•    Take the lead on Moody’s Risk Authority and Axiom User Acceptance Testing & Signoffs for system updates and new software releases.
•    Assist with ad-hoc queries relating to capital and regulatory reporting
•    Contribute to the bank’s responses on Discussion and Consultation papers and Technical Standards on regulatory developments and changes from the Basel Committee, PRA and others.

People & Talent
•    No line management responsibilities
•    Establish strong working relationships with the team across geographical locations, technology and the Risk, Credit Policy and Model Governance teams.
•    Liaise with Regulatory Reporting Policy on matters of interpretation and changes to PRA rules under Basel 3.1
•    Provide subject matter expertise on COREP reporting to PRA. 
•    Build a strong working relationship with the external auditors and the regulators.

Risk Management
•    Execute under the relevant Operational Risk Framework processes – Group Capital Regulatory Reporting. 
•    Ensure a full understanding of the risk and control environment in area of responsibility to identify control gaps in the end-to-end regulatory reporting process within Finance.
•    Design or amend and implement suitable controls across the suite of regulatory capital metrics reported by Financial Regulatory Reporting.

Governance
•    Responsible for design and execution of BAU control framework including relevant policies and standards, and monitoring of controls.

Regulatory & Business Conduct
•    Display exemplary conduct and live by the Group’s Values and Code of Conduct. 
•    Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
•    Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key stakeholders
•    Liaise with senior stakeholders in Group Risk Functions, SCB Businesses, Regulatory Policy, Treasury, Group Financial Reporting, Country functions, Compliance, Investor Relations, Finance Change and Project teams.

Other Responsibilities
•    Embed Here for good and Group’s brand and values in all interactions with team members and internal and external stakeholders.

Skills and Experience

•    External Reporting
•    Risk & Controls (Drive functional change across regulatory capital reporting policy and processes)
•    Regulatory & Compliance (Basel and UK Regulatory Rules, including capital, leverage, large exposures)
•    Ability to manipulate and analyse large volumes of data in Excel & SQL
•    Excellent stakeholder management and communication skills at all levels

Qualifications

•   Bachelor’s degree in relevant field
•   A wealth of experience in regulatory reporting, specifically related to COREP reporting of Risk-Weighted Assets (RWAs), Large Exposures, and various other regulatory returns

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.

Together we:

  • Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
  • Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
  • Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

  • Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
  • Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
  • Flexible working options based around home and office locations, with flexible working patterns.
  • Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
  • A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
  • Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.

Recruitment Assessments

Some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

Visit our careers website www.sc.com/careers

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