Regulatory Reporting Assurance Specialist

Posted:
11/21/2024, 1:15:15 AM

Location(s):
North Holland, Netherlands ⋅ Amsterdam, North Holland, Netherlands

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Legal & Compliance

Workplace Type:
Remote

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.

Would you like to work for one of the World's largest banks in an exciting, dynamic and international environment? 

We are currently recruiting for a Senior Regulatory Reporting Assurance Specialist for our Finance Division in Amsterdam.

MUFG Bank Europe N.V. (MBE) is a fully-owned subsidiary of Mitsubishi UFJ Financial Group (MUFG), one of the largest ranked Financial Groups in the world in terms of assets. A world-class set of businesses and more than 180,000 employees in 50 markets. MUFG offers stability in an ever-changing market, providing services to high-profile clients worldwide.

For more than 50 years MBE offers corporate and investment banking services to both Japanese and non-Japanese corporate customers in The Netherlands and, through its branches. The goal is to be among the top performing foreign-owned banks operating in The Netherlands, providing value-added banking services and excellent operations, fulfilling both Japanese and Global Multinational Corporate customers' needs.

At MBE we are committed to contributing to a more sustainable future. Thus, we will encourage you to embed environmental, social & governance (ESG) factors in your everyday work and in our culture.

The MBE subsidiary based in The Netherlands is a network of branches (Germany Branch (Dusseldorf, Hamburg, Frankfurt, Munich), Spain Branch (Madrid, Barcelona), Belgium Branch (Brussels), Austria Branch (Vienna)), managed from Amsterdam.

Your impact at MUFG

You will enable MUFG Bank (Europe) N.V. deliver prudential and statistical reporting obligations to the bank’s regulators, including DNB, in a manner consistent with the relevant regulatory reporting obligations. 

In addition to taking on responsibility for the review and analysis of key regulatory reports, you are responsible for supporting and enabling the delivery of change impacting the bank’s reporting processes driven by both mandatory changes defined by the bank’s regulators (e.g. CRR3) as well as those driven by changes to the scope of the bank’s business.

The role offers the opportunity to implement enhancements to existing reporting processes and to identify and deliver on initiatives to further improve efficiency and levels of automation, interacting with various functions across the bank to deliver.

You are also responsible for communicating with and responding to requests from a broad range of senior stakeholders, including the bank’s senior management, internal and external auditors as well as the bank’s regulators.

Specific reporting and review responsibilities of the role includes both statistical (e.g. Payments, MESREP, BSI, AnaCredit, CESOP) and prudential (e.g. COREP, LCR, ALMM, NSFR) and is managed on a rotation basis with other team members to enable broad exposure to various reports.

The role includes the following:

Skills and experience:

  • Review and analysis of prudential and statistical reports to ensure delivery in line with regulatory reporting requirements.
  • Deliver on continuous improvement initiatives relating to process efficiency, controls, data governance and report automation.
  • Respond to a wide range of enquiries from internal customers, auditors and supervisors, defining and owning appropriate follow-up actions where necessary.
  • Analyse changes to reporting obligations, define requirements for IT delivery, testing and validating updates to ensure compliance.
  • Take ownership for the follow up and resolution of identified issues impacting reporting.
  • Support team members, share knowledge and liaise with external network (e.g. regulators, industry forums, external vendors) to gain further knowledge and understanding of industry best practice.

In order to be successful in the role, you will need the following:

  • Relevant University or 3rd level qualification preferred
  • 5 years’ experience in regulatory reporting within the financial sector
  • Extensive use of MS Office suite, in particular Excel
  • Experience in analysing and providing commentary on financial data
  • Presenting to senior stakeholders
  • Corporate / Investment banking experience
  • Experience in data quality management and data governance is a plus
  • Use of BI tooling e.g Power BI, Business Objects is a plus
  • Use of programming language e.g. SQL, Python is a plus
  • Excellent communication skills in English, both oral and written.
  • Team player, with an ability to build relationships with stakeholders at all levels.
  • Proactive with a willingness to take ownership for the resolution of complex / technical issues
  • Ability to communicate complex information to a variety of audiences, including senior stakeholders

Personal requirements:

Integrity and Responsibility

  • Balance Risk with Opportunity
  • Customer Focus
  • Demonstrate Global Perspective

Professionalism and Teamwork

  • Drive For Results
  • Collaborate and Build Partnerships
  • Communicate Effectively and Professionally

Challenge Ourselves To Grow

  • Influence and Inspire Others
  • Lead Change & Seek Continuous Improvement
  • Think Strategically
  • Manage and Develop Talent

What do we have to offer:

We offer you a role in one of the largest banks of the world in a growing and international environment.  You have various opportunities to develop yourself and we will support you with that by offering various training and development possibilities.

  • We take into account your home situation and your ambitions and help you to balance work and private life.
  • Monthly team events.
  • To work in an ambitious, international environment with colleagues from different countries and cultures, who strive for the best.

Besides that we will offer you:

  • Gross salary based on experience and consistent with the market
  • 8% holiday allowance and 13th month payment.
  • 30 vacation days per year. Optional you can buy 15 additional days.
  • Commuting allowance based on annual public transport 2nd class, most economical way, or € 0,23 per km with a max of 75km one way.
  • €5,00 net remote working compensation per day, with a maximum of €60,00 per month.
  • Possibility to order a mobile phone (up to €800,-)
  • Possibility to order Office Equipment’s for the home office, (up to €500,-)
  • Remote Working Policy i.e. Working From Home (WFH) and Remote Working in another Country.
  • Bicycle plan (fiscal benefit)
  • Company fitness (fiscal benefit)
  • Mental health workshops and budget for external courses (i.e. Dutch language classes).
  • Employee contribution towards Pension insurance (max 5%, currently 2%), our pension scheme is based on a defined contribution scheme.
  • Training & development possibilities paid by the bank

Additional information:

Acquisition in response to this vacancy is not appreciated.

The role is based in the Netherlands. All candidates need to be willing to relocate to the Netherlands. Internal employees will be supported in case of relocation.

We are open to considering flexible working requests in line with organisational requirements.

MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership.

We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.