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 bank. You will design and monitor reporting frameworks, ensure data integrity, and guarantee full compliance with local requirements and group standards, as well as drive cross-functional change initiatives that impact strategic ratios, financial status, and management information.

Key areas of responsibility

The tasks include:

• Regulatory reporting for Monaco, including liquidity ratios, leverage ratios, large exposures, NSFR, FINREP, PRODIS, VAK, REMI, ANA CREDIT, monetary statistics, CCPF, and other local and European prudential reporting requirements.
• Financial reporting and consolidation, including the preparation and oversight of group consolidation for Monaco, data management, quality assurance, IFRS adjustments, and the preparation of consolidated financial statements, notes, and management reports.
• Process improvement and transformation, including the ongoing enhancement of reporting and consolidation processes and tools, digitalization, automation, and IT system mapping.
• Consulting 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 performance indicators, as well as the formulation of recommendations.

Requirements and qualifications

The requirements include:

• Bachelor's degree in finance, accounting, business, or a related field (minimum).
• Professional qualifications such as Chartered Accountant or equivalent are preferred; in-depth expertise in IFRS and consolidation is required.
• 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

Technical skills include:

• Extensive knowledge of IFRS standards and European banking regulations, including the CRR/CRD framework and local requirements applicable to Monaco.
• Expert in financial consolidation techniques (IFRS adjustments, intercompany eliminations, consolidated financial statements, and disclosures).
• Advanced understanding of regulatory reporting frameworks (FINREP, PRODIS, VAK, REMI, ANA CREDIT, etc.).