Manager - Prudential Reporting

The role:

The role plays a significant part in managing Man Group’s prudential regulatory requirements, supporting the Head of Financial and Regulatory Reporting. This involves the production, review and challenge of capital and liquidity calculations, and the preparation of regulatory submissions and supporting documentation. This is a highly collaborative role engaging subject matter expertise from the Finance, Financial Risk and Non-Financial Risk functions and the investment management and supporting business units.

 

The Team:

The role forms part of the Financial and Regulatory Reporting Team, which has six members. The wider team is responsible all aspects of the internal and external financial reporting for the consolidated group, which is listed on the London Stock Exchange, and also all aspects of our compliance with our prudential regulatory reporting obligations in all jurisdictions.

 

Your responsibilities:

• Support the preparation of the capital and liquidity models (e.g. operational, investment book, credit risk, downside scenarios and wind down), liaising with the subject matter experts to prepare the inputs and be able to explain and challenge the outputs, and reviewing the output.
• Take an active role in managing the calculations, including collating inputs and reviewing outputs, and preparing the documentation associated with the Internal Capital Adequacy and Risk Assessment (or ICARA, for the FCA) and Internal Capital Adequacy Assessment Process (or ICAAP, for the CBI).
• Maintain the wind down plans as part of the ICARA process, coordinating with the business to identify and document relevant changes to the business, and reflecting in the models as required.
• Ensure ICARA and ICAAP documents and processes incorporate new regulatory requirements and expectations and industry/peer best practices.
• Act as secretary to the ICAAP/ICARA Steering Committee.
• Prepare monthly prudential calculations, forecasts and regulatory returns for the regulated UK/EEA sub-group.
• Assess impacts of changes in regulation and the impact of changes in entity activities on prudential requirements, updating internal documentation as required.
• Liaise with other teams within Finance on an ongoing basis to ensure support and delivery of information to and from them in a timely, accurate and efficient manner.
• Other tasks to support the wider finance team as required, from time to time.

Your skills / qualifications:

• Degree educated in a numerate subject.
• Prudential regulation: ICARA or ICAAP experience essential. Knowledge of the FCA MIFIDPRU rules, or similar, would be highly advantageous.
• IT skills: Computer literate with strong excel skills and the ability to learn new systems.
• Business understanding: An understanding of alternative fund strategies and asset management based on some business experience in this sector would be an advantage.
• Core competencies: Collaboration, communication, organisation, and presentation skills together with the ability to confidently deal with multiple stakeholders.
• Written skills: Ability to write and communicate in a clear, concise and ‘audience-appropriate’ manner for technical and non-technical topics.