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Regulatory Reporting & Financial Consolidation Manager
EFG International is seeking an experienced Regulatory Reporting & Financial Consolidation Manager for its team in Monaco to lead end-to-end reporting and prudential regulatory reporting for the Monegasque banking entity. The ideal candidate has at least 10 years of experience in the financial industry and in-depth knowledge of IFRS standards and European banking regulations.
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 entity. 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 the profit and loss statement, financial metrics, and management information.Focus of activities
The role focuses on the following areas:- Regulatory reporting for Monaco, including liquidity ratios (LCR, NSFR, CORE P), leverage ratio, large exposures, NSFR, FDSR, PRODUTE, VAX, REMU, ANACREDIT, 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 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 key performance indicators, as well as the formulation of recommendations.
Requirements and qualifications
The requirements and qualifications for this position are:- Education: Bachelor's degree in finance, accounting, business, or a related field (minimum).
- Professional experience: 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.
- Technical skills: Strong knowledge of IFRS standards and European banking regulations, including the CRR/CRD framework and local requirements applicable to Monaco.
Job details