Description

The Bank’s entire operations are managed by COO Division and are headed up by the Chief Operating Officer. It strives to provide both in-house and external clients with a first-rate service to ensure our business operates efficiently and at the best possible cost. The COO division comprises Operations, Finance, Information Management, Human Resources and Logistics. COO employees are committed to providing, with professionalism and enthusiasm, an efficient, proactive, high-quality service that meets the needs of clients within the context of the Bank’s overall strategy.

Mission

As part of the Tax Services team, the Head of Daily Regulatory Reporting is a key element to ensure the quality and accuracy of the reporting done by the Bank, as a regulatory obligation, in an environment which is subject to constant changes.

Main responsibilities

Coordinate and organize the team’s work

• Daily monitoring and control of regulatory reporting (MIFID II / EMIR / FMIA / Duty to disclose / CFTC) sent to the reporting platform(s) (i.e. locals regulators)
• Understanding of the regulatory risk sensitivity with an end-to-end view of the Bank’s flow/process
• Liaising and coordinating with the department responsible for the underlying data for the necessary reporting, corrections, explanations, data input and any resubmission of the corrected report
• Communication with the reporting engine providers (ARM, APA, TR)
• Active participation in any project related to the above topics  as well as answering to Internal and External Audit inquiries, Provider specifications changes & Regulator inquiries) including data mining and in-depth investigation
•  Make sure deadlines are met
• Make sure, with a clear communication of the bank’s policies and procedures, that a correct risk assessment is made and, if need be, escalation done according to the level of risk
• Coordination with internal or external counterparties as required, promoting excellence in service and expertise
• Implementation of relevant controls to identify any risk (operational but also regulatory)
• Providing relevant Key Performance Indicators on the team’s activities to the top management

Provide team leadership and coaching

• Lead by setting a good example: behaviour consistent with words
• Manage the day to day tasks with an appropriate delegation, taking into account the knowledge and the experience of the team members (permanent staff as well as temporary contractors)
• Coach and help develop team members: identify good and low performers and take appropriate actions to develop them or solve dysfunctional behaviour
• Facilitate problem solving and collaboration
• Be open to the team members feedback
• Assure that the team members have the necessary education and training to effectively participate on the team

Core competencies

Open mind and team orientation:

•  Be open to other’s ideas
• Express and accept constructive criticism 

Innovation and development:

•  Propose and seek improvement of the current tools and processes
• Be positive towards change and seek opportunities to improve the quality of the working environment
• Conitunuously work on knowledge improvement

Corporate culture:

• Be ‘solution oriented’ and have a strong sense of customer services
• Be proactive and driven
• Developp and maintain a relationship network within the various Bank departments
• Comply consistently with internal and external regulations

Personal skills