This role sits as part of a first line compliance function to ensure that functionality, processes and reporting outputs built for Reporting Ops meet the regulatory criteria as documented by the relevant regulatory instructions, regulations and policies. This role will involve close liaison with both Finance Change colleagues as well as colleagues in Reporting Operations interacting with the Reporting Owner for the Liquidity Regulatory Reports.
Role Profile and Description of Responsibility
Build and lead a BAU compliance function to ensure that the Regulatory Reporting functionality built and released quarterly under various change epics delivered by Finance Change comply with the reporting requirements as detailed under the Reporting Instructions and Reporting Regulations from the local or group regulator, as well as any additional Policy Interpretations provided by Group Reg. Policy or local policy representatives.
The role will involve close liaison with the Product Owner for Liquidity Reporting in identifying the epics delivered in the previous release to be tested for compliance; documenting the test cases required for compliance testing by reference to required instructions, regulations and policy; managing test execution by a small team of dedicated testers; analyse test results for compliance with the testers; flag any items which require further investigation; identify any cases of non-compliance back to stakeholders including Reporting Ops and Report Owners; provide rapid feedback to the build team in cases of re-build required for compliance.
Required Skill Set
Deep subject matter knowledge and expertise in liquidity reporting constructs (for example LCR, NSFR, Maturity Ladders, etc).
Knowledge of core regulatory requirements including reporting instructions, regulations (for example CRR), and internal policies for liquidity reporting
Documentation capability to document test cases for testing whether delivered build output complies with reg & policy requirements (including but not limited to the logic, filter criteria, data attributes, frequency requirements, static reference data requirements)
Able to work at pace to ensure that quarterly cadence of delivery of change in liquidity reporting is maintained to ensure rapid feedback in case of any non-compliance
Able to develop and manage 2 x GCB 5 testers who will assist with test case script development, script execution in test environment (RADAR), validation of test outcomes to test expectations, investigations of unexpected outcomes
Able to engage at a senior level with Product Owner, Reporting Owner, Reporting Ops leads and ensure communication of compliance outcomes, tracking of delivery, and managing output.
Working knowledge of SQL to run query’s as required in the cloud platform test environment to support test case formulation, and to understand any logic build to verify code compliance to requirement.
Experience with use of ETL documents and related SQL scripts to understand detailed data transformations as well as being able to explain these to less technical colleagues
Understanding of banking products and the financial industry, with familiarity to complex trading structures such as Repos, Collateral Swaps and Derivatives
Competence in dealing with large complex datasets and using data analysis skills to manipulate and interrogate the data to produce findings
Able to engage with Finance Change business analysts, design & build and data analysts in cases of any non-compliance items found which require further remedial build, clearly articulating the cause of the non-compliance and the proposed remediation.
Able to engage with Reporting Ops to articulate all test findings, including compliant and non-compliant findings, alongside expected impact of any change requirements due to non-compliance defect fixes.
Skills Required
- Deep subject matter expertise in liquidity reporting constructs, including LCR, NSFR, and maturity ladders
- Knowledge of regulatory requirements, reporting instructions, regulations such as CRR, and internal liquidity reporting policies
- Ability to document compliance test cases covering logic, filters, data attributes, reporting frequency, and static reference data
- Ability to work at pace within a quarterly regulatory reporting change cadence
- Ability to develop and manage two testers supporting test script development, execution, validation, and investigations
- Ability to engage with senior Product Owners, Reporting Owners, Reporting Operations leads, and stakeholders
- Working knowledge of SQL for query execution, test case formulation, and code compliance verification
- Experience using ETL documents and SQL scripts to understand detailed data transformations
- Understanding of banking products and complex trading structures, including repos, collateral swaps, and derivatives
- Competence working with large complex datasets and applying data analysis skills
- Ability to communicate non-compliance causes and remediation proposals to Finance Change, business analysts, developers, and data analysts
- Ability to communicate test findings and expected impacts of remediation changes to Reporting Operations
What the Team is Saying
Capco Compensation & Benefits Highlights
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Wellbeing & Lifestyle Benefits — Wellbeing is emphasized as part of culture with flexible/hybrid work, mental-health resources, coaching, and a global Wellbeing@Capco group. Flexible arrangements and regional wellbeing programs are positioned to support work–life integration.
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Parental & Family Support — Enhanced maternity, adoption, and shared-parental leave are highlighted alongside paid leave for sickness, pregnancy loss, fertility treatment, menopause, and bereavement. Return-to-work supports and family-friendly flexibility are explicitly called out.
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Healthcare Strength — Core benefits include medical, dental, and vision coverage, with disability and life insurance noted in some markets. Health coverage is consistently presented as a solid part of the package.
Capco Insights
What We Do
Capco, a Wipro company, is a global management and technology consultancy specializing in driving transformation in the energy and financial services industries. Capco operates at the intersection of business and technology by combining innovative thinking with unrivalled industry knowledge to fast-track digital initiatives for banking and payments, capital markets, wealth and asset management, insurance, and the energy sector. Capco’s cutting edge ingenuity is brought to life through its award-winning Be Yourself At Work culture and diverse talent. TRUSTED ADVISORS - Our collaborative and entrepreneurial approach position us as trusted long-term partners to our clients. DEEP EXPERTISE - Clients look to us for clear guidance, proven expertise, and the support they need to set their companies up for success. DISRUPTIVE SOLUTIONS- We do not provide off -the-shelf answers to clients’ challenges. Instead, we work in close collaboration to understand the issues, and craft disruptive, bespoke solutions. ACCOUNTABILITY AND OWNERSHIP - We recognize every client has distinct needs and expectations, and we take ownership and accountability for the solutions we design, build, and deliver.
Why Work With Us
We support and encourage an inclusive culture, entrepreneurial outlook and independent thinking. Capco is not about organizational charts and rigid hierarchies – we want all employees to feel that Capco is their firm to own and run. We believe diversity powers innovation. Be Yourself At Work (#BYAW) is an integral and underlying part of our culture
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