Design, prepare and review financial information for customers (internal/external) of the finance function, including the contribution of subject matter expertise and leadership in reporting change initiatives.
Function positioning:
The function forms part of the Finance Division, responsible for Regulatory Reporting. The task of Regulatory Reporting is to manage all data-oriented reporting and processes to ensure delivery of accurate and concise reporting and a high standard of facilitated service.
Essential Functions:
The focus of this position is Regulatory reporting, and within this field specifically on those reports that are data-oriented rather than conventional reports, such as AnaCredit, Loan data requests, DGS Single Client View files, and the annual data deliveries to the Dutch Tax Administration.
Produce and review reports and data sets for management, regulators, and other external parties, in an accurate, compliant and timely manner
Perform variance analysis.
Respond to a wide range of inquiries from internal customers, auditors, and supervisors, defining and monitoring appropriate follow-up.
Review, interpret and apply rules and regulations applicable to statutory reporting (IFRS) and regulatory reporting (CRD IV/CRR and DNB statistics reporting guidelines).
Translate new requirements and gaps between current practice and existing requirements, to corrective actions warranting compliance.
Facilitate cooperation across finance, and between finance and other functions.
Continuously maintain and upgrade procedures, policies, guidelines, tools, and methodologies.
Engage with IT to specify new functionality to be delivered and perform acceptance tests.
Monitor the functional development of software packages used and ensure timely implementation and effective testing of version upgrades.
Education:
The function requires a University level Master's degree ('Wetenschappelijk Onderwijs') preferably in economics or applied mathematics and at least 5 years of experience in Finance or Credit or Market Risk Management function of a financial institution or as a consultant supporting these areas. Executive Master level education such as a chartered accountant or controller's degree is preferred.
Functional/Technical Skills and Knowledge requirements:
The function requires knowledge of the financial reporting, financial products, and operational processes, and of the applicable internal and external legislation. The Assistant Vice President will further keep his/her knowledge and skills up-to-date by external or internal education and engages with regulatory program office staff, practitioners at other banks, and consultants to gather new professional insights and developments.
Verbal and written communication skills in English are essential
