Regulatory Reporting & Financial Consolidation Manager

Job Description

We are seeking an experienced Financial and Regulatory Reporting Manager to join our Finance team in Monaco. As the deputy to the Local CFO and the primary point of contact with Group Finance in Geneva, you will lead the end-to-end reporting frameworks and prudential regulatory reporting for the Monaco banking unit. You will design and monitor reporting frameworks, ensure data integrity and full compliance with local requirements, and drive cross-functional change initiatives that impact the income statement, financial metrics, and management information.

Focus of activities

The position focuses on the following areas:

• Regulatory reporting for Monaco, including liquidity ratios (LCR, NSFR), leverage ratio, large exposures, NSFRs, FDSR, PRODUTE, VIX, REMI, ANA CREDIT, monetary statistics, CCPF, and other local and European prudential reporting requirements.
• Financial reporting and consolidation, including preparing and overseeing group consolidation for Monaco, data management, quality assurance, IFRS adjustments, and preparing consolidated financial statements, notes, and management reports.
• Process improvement and change, including continuous improvement of reporting and consolidation processes and tools, digitization, automation, and IT system mapping.
• Advisory and stakeholder management, including the preparation of financial and regulatory analyses for Monaco Management and Group Finance, the interpretation of trends in prudential ratios, balance sheet structure, and key performance indicators, as well as the formulation of recommendations.

Requirements and qualifications

The position requires:

• Bachelor's degree in finance, accounting, business, or a related field (minimum).
• At least 10 years of experience in financial services/banking finance, with solid experience in financial consolidation and regulatory reporting in a European banking environment.
• Advanced knowledge of IFRS standards and European banking regulations, including the CRR/CRD framework and local requirements applicable to Monaco.

Technical skills

The position requires:

• In-depth knowledge of IFRS standards and European banking regulations, including the CRR/CRD framework and local requirements applicable to Monaco.
• Expert knowledge of financial consolidation techniques (IFRS adjustments, intercompany eliminations, consolidated financial statements, and disclosures).
• Advanced understanding of regulatory reporting frameworks (e.g., LCR, NSFR, leverage ratio).