Summary: The Regulatory SME - Credit Risk role involves leading a gap analysis to ensure compliance with Basel 3.1 and SDDT regulations for a retail financial institution. The position requires collaboration with various business units to assess current practices and identify compliance gaps. The successful candidate will develop a gap closure plan and provide insights on regulatory interpretations. This is a short-term contract focused on credit risk compliance.

Key Responsibilities:

• Spearhead the detailed gap analysis between the organization's current practices and the mandates of Basel 3.1 STD rules and SDDT requirements.
• Develop a structured schedule outlining the relevant Basel 3.1 and SDDT calculation and reporting requirements.
• Collaborate with subject matter experts across various business units to ascertain the current level of compliance and identify any existing gaps.
• Document identified gaps and assess the potential effort required for remediation.
• Stay abreast of emerging industry interpretations and best practices related to Basel 3.1 and SDDT.
• Engage and build relationships with SMEs and business stakeholders across the organization.
• Provide informed perspectives on the interpretation of regulatory requirements.
• Develop a comprehensive gap closure plan, outlining the estimated scope of work and anticipated timelines.
• Effectively utilize personal time and the time of collaborating SMEs.

Key Skills:

• Proven experience in interpreting complex regulatory requirements, specifically within Basel 3.1 and SDDT frameworks.
• Demonstrable experience in leading and executing gap analysis projects against new regulatory mandates.
• Track record of successfully estimating the scope and resource implications of regulatory gap closure programs.
• Strong understanding of prevailing industry practices concerning Basel 3.1 and SDDT requirements within credit risk management.
• Excellent regulatory interpretation skills, particularly within credit risk.
• Strong stakeholder engagement and relationship-building abilities.
• Advanced proficiency in Excel, including the use of pivot tables.
• Exceptional attention to detail and a commitment to accuracy.
• Competent in Microsoft Office Suite.
• Highly developed analytical and problem-solving skills.
• Reliable and collaborative team player with the capacity for independent work.
• Self-motivated, logical, and well-organized approach to tasks.
• Adaptable and proactive with the ability to thrive under pressure and meet deadlines.
• Strong report writing skills and the ability to communicate clearly and concisely with senior stakeholders.

Salary (Rate): undetermined

City: undetermined

Country: United Kingdom

Working Arrangements: undetermined

IR35 Status: undetermined

Seniority Level: undetermined

Industry: Other