OP Financial Group, is the leading financial service group of Finland established in 1902.
OP Financial Group’s main business segments are Retail Banking, Corporate Banking and Insurance. OP is Finland’s largest employer in the financial sector. Today, approximately 13`000 finance professionals are employed by OP companies, including more than 100 employees in the Baltic states.

OP Corporate Bank plc Latvia Branch (reg. no. 40103212230) provides financial services to legal entities and is an important financial partner for the largest corporate and public sector companies in Latvia since 2008. OP Corporate Bank plc's priority is growth and development to constantly improve the financial services provided to customers in Finland and the Baltic States.

OP Corporate bank Latvia branch is looking for a  

Regulatory Reporting Officer

The purpose of the role is to oversee and ensure efficient and compliant regulatory reporting to the statutory institutions of Latvia and OP group and acting as a main contact person for branch regulatory reporting area in terms of timely and high-quality communication, information exchange and processes.  

Key Responsibilities of the role

• Compiling, reviewing and analysing regulatory reports’ content, accuracy, and compliance to local regulations
• Following regulatory requirements, timely presenting, initiating, and implementing needed developments to ensure financial reporting and decision support is consistent in all future regulatory applications
• Developing and maintaining proper process documentation and controls for all reporting area
• Timely interpreting changes in financial figures and analysing discrepancies and data quality
• Possessing good knowledge of source systems, products and accounting principles, ensuring correct discloser of data from source systems and effective data flow
• Collaborating with IT team in systems’ development projects, process improvements and efficiency activities
• Participating in branch examinations, internal and external audits

Requirements

• Academic degree in Finance, Economics or Accounting
• Experience in regulatory reporting related area in financial institution
• Familiar with COREP, FINREP, statistical, AnaCredit and other regulatory reporting
• Familiar with CRR, CRD IV, EBA guidelines and local legislation
• Strong analytical and numerical skills, computer literacy
• Excellent (written) communication and organisational skills
• Systematic and persistent approach, ability to implement process improvements
• Excellent Latvian and English language skills

We Offer

• Responsibility for regulatory reporting in Latvia, while working in regional framework and building synergies at Baltic level
• Collaborative and positive working environment in an organisation living by values, based on transparency, respect and sustainability
• Stability and long-term development
• Monthly salary, starting from 3500 euro gross, plus annual bonuses
• Company culture and benefits supporting work life balance and community