Financial Regulatory Reporting Analyst Specialist
Luxembourg, LU, L-2449
Purpose of the Job
Quintet Private Bank is a leading private bank in the wealth management sector; we are committed to our clients and their families, and pride ourselves on our personalised service based on a deep understanding of what clients want to achieve. We are a bank headquartered in Luxembourg with an ambition to stay true to our purpose to be the most trusted fiduciary of family wealth.
When you join Quintet you are joining a company that values diversity of background, equal access to opportunities, career development, collaboration and inclusiveness. We want our employees to feel proud of being part of a company that is committed to do the right thing. You will have the opportunity to grow your career while developing personally and professionally through various resources and programmes.
The Financial Regulatory Reporting Officer is responsible for producing, analyzing, and submitting key financial data at both European and Group levels to the National Competent Authorities and Authorized Management. This role requires strong analytical capabilities and ongoing engagement with evolving regulatory requirements.
Key Accountabilities
- Guarantees a point of expertise, knowledge and advice to the Management and peers on consolidation, accounting and regulatory reporting matters
- Responsible for the consolidated prudential and financial regulatory reporting at statutory and consolidated levels to the competent authorities (Finrep, Corep, LiqRep, large exposures, Anacredit, etc.)
- Produces, analyses and validates the monthly internal reporting to the Authorized Management Committee
- Collects, validates and processes group entities’ figures to consolidated financial statements
- Defines solutions to support the increase level of reliability and automation of the reporting delivering process
- Prepares and update internal procedures and processes
- Performs various, regular and one-shot analysis to the Management and peers of the Bank (MIS, Risk Management, M&A, etc.)
- Prepares the documents to submit in the context of the annual legal publication of accounts
- Provides required information/explanations to auditors
Knowledge and Experience
- Higher Education (University / Bachelor)
- At least 3 years experiece in a similar role
Attributes and Qualities
- Collaborative Teamwork
- Adaptability & Learning Agility
- Critical Thinking & Problem Solving
- Attention to Detail
- Good communication skills (Verbal & Written)
Technical Skills
- MS office
- Solid understanding of European banking regulations (CRD, CRR, EBA guidelines, National Competent Autorities' requirements) and ability to interpret and apply them
- Proficiency in IFRS and other relevant accounting frameworks, with the ability to ensure accurate and compliant financial statements
- Experience with financial data architecture, including tools like SAP or other ERP systems, and regulatory reporting platforms
- Ability to identify inefficiencies in processes and promote implementation of automation solutions
- Good analytical skills to navigate in a high number of complex publications, isolate what is relevant for the bank, and deliver concrete outcomes in a concise manner
Languages Skills
- fluent in English and French