Regulatory Reporting Officer (Kuwait Branch)

About the role

The Regulatory Reporting Officer assists the Finance Manager in ensuring the Kuwait branch complies with regulatory reporting requirements. The incumbent prepares periodic Central Bank of Kuwait reports, returns and requests in line with the guidelines, and supports coordination with Central Bank officials, other regulators and internal stakeholders on retail and corporate customer segments.

Key responsibilities

• Verify balance sheets and related calculations and tables for the Kuwait branch before submission to the Central Bank of Kuwait.
• Ensure timely preparation and submission of all Arabic reports to the regulators.
• Assist the Finance Manager in selecting and implementing Central Bank reporting tools and their integration with core banking applications.
• Support the implementation of new regulatory reporting requirements enforced by regulatory agencies or government bodies.
• Help monitor that internal controls are in place to mitigate the risk of non-compliance.
• Coordinate with internal stakeholders to meet statutory and regulatory deadlines and ensure high information integrity in reports.
• Prepare and submit Basel III data (CAR, LCR, NSFR, LR, DSIB) according to Central Bank of Kuwait guidelines.
• Liaise with the reporting authority to ensure accurate financial data in management reports.
• Work with the IT Department to develop and improve report requirements as directed by the Central Bank.
• Reconcile and submit the cash and credit classification within the prescribed timeframe.

Required profile

• University graduate with a degree in Business, Banking, Finance or a related discipline.
• 3 to 5 years of experience.
• Experience in regulatory reporting in the banking industry.