Regulatory & Financial Reporting Manager

Join us as a Regulatory and Financial Reporting Manager in our Private Bank and Wealth Management team in Geneva.

The purpose of the Regulatory and Financial Reporting role within the Geneva platform’s Financial Control function is to ensure that all Finance owned Swiss Capital and statistical returns are accurately completed and submitted to the Swiss regulator and Swiss national bank (FINMA and SNB) within strict deadlines.

In addition, the role holder is responsible for the preparation of the annual report for Barclays Bank (Suisse) SA and is the primary contact during the audit period liaising extensively with the external auditors. Additionally the role holder will support Group Financial reporting under IFRS.

• Regulatory and Statistical reporting
  • Responsible for all Capital and statistical reporting, reporting directly to the Financial Controller.
  • Must understand the Swiss regulatory reporting environment, promptly interpreting and implementing changes as they arise, evaluating impact on new products or processes. Requires coordination with relevant functions/parties for system changes, documentation, analysis, advice to Technology staff, and user testing.
  • Liaise directly with the SNB to resolve queries that may periodically arise.
• Preparation of the annual financial statements
  • Fully responsible for preparation of the annual financial statements for Barclays Bank (Suisse) SA in compliance with Swiss Ordinance and Circular. Includes balance sheet, profit and loss, disclosures, and commentaries.
  • Primary contact for the external auditors and coordination between auditors, finance team and other business areas.
  • Manage auditor queries, liaise with marketing for production of the Annual Report and with senior management for approvals.
• Capital Management
  • Prepare monthly Capital forecast with commentaries explaining actual numbers and variance.
  • Present forecast and commentaries to Treasury committee, addressing queries.
  • Provide additional analyses on current Capital topics upon request.
  • Act as secretary for Treasury committee: coordinate meetings, prepare & circulate minutes, ensure proper constitution.
  • Prepare annual Capital stress testing and Capital Plan with colleagues for Board submission.
• Swiss Finance projects
  • Work closely with IT managers and developers to find best solutions for Financial and Regulatory Reporting projects and assist with other finance team projects.

• At least 5 years’ experience in a Swiss banking environment in a Finance/Regulatory reporting role.
• In depth knowledge of standard banking products and Swiss accounting rules.
• Fluency in English and French.

• Previous experience using Avaloq and FIRE.
• University qualification in Finance / Accounting.
• Proven experience managing clients.

This role is based in Geneva.

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.

To manage the financial operations of the organisation, ensuring the accuracy, integrity, and reliability of financial reporting.

• Management of the preparation and presentation of accurate and timely financial statements and other accounting records in accordance with the relevant accounting standards, rules and regulations.
• Support in identification, assessment, and mitigation of financial risks, and report on these financial risks to senior colleagues.
• Development and maintenance of a robust system of internal controls to safeguard assets, ensure no fraudulent misreporting, and ensure the accuracy of financial data, including regular assessment of the effectiveness of internal controls addressing any weaknesses or gaps.
• Development and implementation of up-to-date financial policies and procedures to ensure consistent and effective financial practices across the organisation.
• Management of the selection, implementation, and maintenance of financial systems and software applications, including collaboration with IT colleagues to integrate financial systems…