Regulatory Reporting, AVP
Credit Suisse
Madrid, Madrid, Spain
hace 9 horas

Your field of responsibility

The Legal Entity Finance (LEF) function will appoint a regulatory reporting specialist in Spain. Member of a team of 8, the Regulatory Reporting specialist will support the LEF team on the preparation and review of the Bank of Spain, CNMV and ECB financial regulatory reporting for the new Credit Suisse investment banking subsidiary in Spain.

The Regulatory Reporting role is key to the Spanish franchise due to their impact on reputational and financial risk. They will manage both risks protecting the reputation of the entity at all times.

The main responsibilities of the Regulatory Reporting specialist in Spain will include :

  • Analysis and implementation of local regulations applicable to the Spanish business, with specific focus on Bank of Spain / CNMV Circulars, ECB rules and related regulations.
  • Preparation and review of the local regulatory reporting to Bank of Spain and CNMV, ensuring flawless delivery of regulatory obligations.
  • Oversee regulatory reporting input production outsourced to central teams in other locations. Review and challenge the quality of the data fed into the regulatory reports.
  • Interact with upstream CFO and non-CFO teams, such as Group Ops, GM Ops and CRO to ensure CFO data requirements are understood and met in a timely and adequate manner.
  • Liaison with IT and infrastructure teams on regulatory reporting matters.
  • Key participant in the development of the strategic regulatory reporting architecture and well as the target operating model.
  • Active involvement in strategic new business projects providing regulatory compliance input.
  • Build and manage an excellent day to day professional relationship with regulators, making sure they rely on the entity's compliance and they keep in touch with LEF if they have any query or additional requirement.
  • Help to prepare and coordinate responses to Bank of Spain and CNMV on regulatory questions.

  • Develop an in-depth knowledge of the business and processes in Spain thus making sure all requirements are understood and efficiently fulfilled.
  • Respond in a timely and accurate manner to any queries raised by line management or other stakeholders regarding Local Regulatory reporting in Spain.
  • They will need to ensure a detailed understanding of regulatory reports and their implications.

  • Set adequate control policies and processes and ensure adequate procedural documentation for regulatory reporting activities.
  • Key point of contact in Spain for regulatory reporting matters, being able to provide independent advise and high quality input to any queries raised by local management or the Group.
  • Key contact with external Regulatory Assurance advisors.
  • Support the implementation of new and enhanced controls (including input data quality controls for regulatory reporting and other monitoring processes) and risk mitigating actions to ensure adequate control of the new business as the entity grows in size and complexity.
  • Act promptly on warning signals to minimize financial and operational risk and ensure timely compliance with internal controls and standards.

  • Maintain relationships and effective communication with other departments in Spain and in the Group. Ensure liaising with the right people to develop solutions appropriate for their needs and compliant with rules, regulations and Group standards.
  • Ensure adequate, timely, complete and transparent communication and escalation to line management.
  • An in-depth knowledge of the investment banking business performed in Spain and the operating model of each business will need to be developed to successfully fulfil these responsibilities.
  • Able to work remotely in a fast changing environment and build an excellent day to day professional relationship with teams in other locations.
  • Respond in a timely and accurate manner to any queries raised by line management or other stakeholders regarding the regulatory reporting.
  • They will need to ensure a detailed understanding of accounting, financial statements, underlying business activity and their implications.

  • Support internal and external audits.
  • Your Future colleagues

    The Finance division provides centralized financial services and decision-making support to the business divisions as well as effective and independent control processes.

    Finance is primarily responsible to actively manage the bank’s capital, funding, liquidity and expenses to ensure a strong enough balance sheet to withstand adversity and uncertainty, drive cost efficiencies and growth discipline, improve the control, quality and efficiency of financial information, financial advice and services and engage with business to actively prepare the Bank for regulatory changes.

    Finance is comprised of the following functions : Group Finance, Product Control, Finance, Change, Treasury, Tax, Corporate Development and the Legal Entity CFOs.

    As part of Legal Entity CFO team, LEF EMEA is responsible to lead the legal entity financial governance across all entities in EMEA ensuring compliance with the key priorities of the Finance division :

  • Demonstrate the highest standards of internal control, comply with all the regulatory requirements and strive to improve efficiency.
  • Steer the business towards targets while being independent to the business. Ensure robust financial control and consistent data to enable reliable management information in order to drive accountability.
  • Build a high performing culture by attracting, retaining and growing top talent.
  • Your skills and experience


    Essential : A relevant university degree (preferably in finance or economics).

    Desirable : MBA or Masters in Finance.


  • High level of English & Spanish proficiency.
  • Experience (5+ years) in Big 4 with financial institutions and financial instrument experience or in the finance division of a leading financial institution.
  • Ideally in an international environment with significant investment banking activities.

    Skills and Knowledge

  • First-hand experience of working within a Big 4 financial institutions team or the regulatory reporting team of a bank, ideally in the investment banking businesses in an international environment.
  • High level of knowledge in Spanish regulatory reporting and financial accounting, including a good understanding of current and pipeline Spanish regulatory and accounting changes.
  • Ability to understand and challenge technically complex accounting or regulatory topics.
  • Strong analytical and problem solving skills.
  • Advanced Excel skills.
  • Proactive and solution orientated. Ability to challenge and query the existing set up and find value adding opportunities by delivering new solutions.
  • Ability to create long relationships with internal clients and colleagues, manage expectations and generate confidence.
  • Strong interpersonal / team skills, able to work collaboratively across global teams.

  • Proven self-starter, able to work autonomously under remote supervision in a changing environment.
  • Your new employer

    Find a new home for your skills, ideas, and ambitions. Credit Suisse offers you the ideal environment to progress your career, attractive benefits and excellent training.

    We are a leading wealth manager with strong global investment banking capabilities founded in 1856. Headquartered in Zurich, Switzerland, and with more than 45,000 employees from over 150 nations, we are always looking for motivated individuals to help us shape the future for our clients.

    Credit Suisse is an equal opportunity employer. Welcoming diversity gives us a competitive advantage in the global marketplace and drives our success.

    Our bank provides reasonable accommodations to qualified individuals with disabilities, as well as those with other needs or beliefs as may be protected under applicable local law.

    If you require assistance during the recruitment process, please let your recruiter know.

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