Global bonus schemes, global bonus.

Global bonus


Another aim is to ensure a bonus plan will encourage the behaviour and values the organisation wants, not just the business goals.

Huge forex bonuses


Global bonus schemes, global bonus.


Global bonus schemes, global bonus.


Global bonus schemes, global bonus.

James berkeley, director of berkeley burke and co, says: “it is critical employers continue to build self-esteem. By that I mean self-worth and self-confidence in people when they are applying the right approach to doing something. It is important not only to reward the desired results, but also to reward the desired behaviour.” for global organisations, setting a bonus structure for staff who work across different regions can be complicated. Countries, like companies, can have differing views on bonuses. For example, european employers tend to reward bonuses from the top of the organisation down, whereas countries such as japan and singapore have flatter bonus strategies.


Global bonus schemes


If you read nothing else, read this . . .



  • Views on bonuses can differ from country to country, and region to region, as well as between organisations.

  • Labour markets, costs of living and exchange rates must be considered when setting an international bonus structure.

  • Rewarding individuals for the right behaviour as well as achieving results is an important element of bonus plans.

  • Clear communication of bonus structures is vital for employees who work across different regions.



Many factors must be considered when applying a bonus structure internationally, says tynan barton


For global organisations, setting a bonus structure for staff who work across different regions can be complicated. Countries, like companies, can have differing views on bonuses. For example, european employers tend to reward bonuses from the top of the organisation down, whereas countries such as japan and singapore have flatter bonus strategies.


In addition, employers need to consider what role the bonus will play in relation to their culture and business goals. Katharine turner, UK practice leader of executive compensation at towers watson, says: “one of the considerations for organisations when thinking about annual bonuses for all employees is the corporate philosophy on remuneration. What are the annual bonuses there to do? Corporate philosophy varies a lot, by country and by organisation.”


Another aim is to ensure a bonus plan will encourage the behaviour and values the organisation wants, not just the business goals. James berkeley, director of berkeley burke and co, says: “it is critical employers continue to build self-esteem. By that I mean self-worth and self-confidence in people when they are applying the right approach to doing something. It is important not only to reward the desired results, but also to reward the desired behaviour.”


Large multinational employers will often have a centralised approach to executive bonuses, wherever staff may be based. But beyond that top cadre, it is not always possible to have a pan-region framework in place, so local practice may be more applicable. Piia pilv, a partner at mercer, says: “it is a question of what makes sense for each employee category: one size fits all or a pure geographic approach. It is about looking at the different roles, responsibilities and labour markets.”


How to measure success


When assessing bonuses for regional roles, employers must consider how to measure success. The contribution of staff working across different areas will be less visible than that of staff working in a single country, so employers must carefully assess the measures they will use.


Stuart hyland, associate director at the hay group, says: “for example, do they express bonus as a fixed cash sum, in which case they could have a question over the relative inequity of payouts – although everyone is getting the same, different costs of living could mean one euro is worth more in one area than in another.


“similarly, if employers give out a percentage of base salary as a figure, there is a danger they will magnify any inequities in base salary. It is a real problem as to which route to go down.”


If an employer wants to ensure global consistency and equity, it has to consider whether setting targets for certain roles will be competitive worldwide. Paul coleman, senior consultant at ORC worldwide, says organisations could set a fairly standard target level, normally driven by performance measures. “those performance measures will, if achieved, have a significant upside,”


For example, a mid-management-level employee on a global variable pay plan might have an opportunity to earn 15% of their base salary, irrespective of where they are in the world. “then that person’s performance, and how much they influence their objectives or their measures, may increase that opportunity to as much as 30% or 50%.That is the main challenge in ensuring consistency,” says coleman.


Staff will inevitably discuss bonus plans, so employers must ensure objectives are clearly communicated. This can be achieved by spelling out the intent and design of the bonus plan and what it reflects about the business. “it is the philosophy behind the bonus,” says hyland. “employers can communicate that to staff and there might be a few issues where individual staff are not happy, but they will understand the logic behind it.”



Amazon to reward front-line employees with global recognition bonus


Amazon rewards front-line employees with appreciation bonus


Amazon is to pay a special holiday recognition bonus to its front-line employees globally, in order to demonstrate its appreciation for their work.


All front-line staff who are employed by the organisation between 1-31 december 2020 will be eligible for the bonus, which, in the UK, will total £300 for full-time and £150 for part-time employees. In total, amazon will invest more than $500 million in the special recognition bonus.


The payment follows a global appreciation bonus given to all front-line employees and partners in june 2020.


In a blog post, dave clark, senior vice president at amazon worldwide operations, wrote: “I’ve been at amazon for 22 holiday seasons and this one is definitely unique, to say the least. I’m grateful to our teams who continue to play a vital role serving their communities. As we head into the peak of the holiday season, we want to share our appreciation through another special recognition bonus.


“combined with other holiday pay incentives, in this quarter alone we are investing over $750 million in additional pay for our front-line hourly workforce. This brings our total spent on special bonuses and incentives for our teams globally to over $2.5 billion in 2020, including a $500 million thank-you bonus earlier this year.


“our teams are doing amazing work serving customers’ essential needs, while also helping to bring some much-needed holiday cheer for socially-distanced families around the world. I’ve never been more grateful for, or proud of, our teams.”



What is a global bond?


What is a global bond?


A global bond is a type of bond that can be traded in a domestic or european market. It is a bond issued and traded outside the country where the currency of the bond is denominated. This type of bond is issued by a non-european company but sells in a european country or any other foreign market. For example, a U.S. Corporation can issue a bond in europe. These bonds are sold in various maturities and credit qualities.


Global bonds are sometimes referred to as a eurobond.


Global bonds explained


When multinational corporations and sovereign entities decide to raise large capital, they may choose to issue global bonds. Global bonds are international bonds that are offered simultaneously in various capital markets including europe, asia, and america. These bonds may have a fixed or floating rate with maturities ranging from one to 30 years.


Some global bonds are denominated in the currency of the company's country base, such as the yen for japanese companies and the euro for a german corporation. Other global bonds are denominated in the currency of the country where the bond is issued. Returning to the earlier example the U.S. Corporation could sell a bond on a japanese marketplace and denominate it in yen.


Due to the fluctuation of exchange rates, investors typically invest in foreign fixed income that brings in modest returns and fluctuates slightly. Global bonds are seen as a way to diversify a portfolio that is limited to a specific denomination or one particular country's bond, such as a U.S. Bond because this bond will have less correlation to the foreign fixed income bond.


Global bonds vs. Eurobonds


Global bonds are sometimes also called eurobonds but they have additional features. A eurobond is an international bond that is issued and traded in countries other than the country in which the bond’s currency or value is denominated. These bonds are issued in a currency that is not the domestic currency of the issuer.


A french company that issues bonds in japan denominated in U.S. Dollars has issued a eurobond, more specifically, a eurodollar bond. Other types of eurobonds are the euroyen and euroswiss bonds.


A global bond is similar to the eurobond but can also be traded and issued simultaneously in the country whose currency is used to value the bond. Drawing from our eurobond example above, an example of a global bond will be one in which the french company issues bonds denominated in the U.S. Dollar but offers the bonds in both japan and U.S. Markets.


Categorizing global bonds


Global bonds are grouped into developed country bonds and emerging market bonds. Bonds issued by corporations and governments from developed countries are issued with differing maturities and credit qualities. Some of these bonds are U.S. Dollar-denominated. However, most are denominated in the currencies of their home countries.


Emerging market bonds are typically issued by a sovereign government, not corporations. These bonds are dollar-denominated and offer high-interest rates due to the perceived higher level of risk of a bond investment issued by an economically unstable country.



Global poker review


Global Poker


Global bonus schemes, global bonus.


Global bonus schemes, global bonus.


Global poker is a legal US poker site available to all players located in the united states.


The software is browser-based and compatible with most modern devices and operating systems, including mac ios and windows.


Global poker is a unique, promotional sweepstakes-based poker room that offers players from canada and the united states the chance to win sweeps coins which can be redeemed for cash prizes.


Global’s proprietary software runs smoothly on any modern device equipped with a web browser. The limited game selection and low brand awareness in the poker world keep it from threatening the position of traditional US-friendly sites though.



  • New players receive generous welcome bonus

  • Hold'em and omaha tables from SC0.02/0.04 to SC10/20

  • Weekly SC 20,000 & SC 50,000 guaranteed tournament

  • Play online poker from the united states and canada


Global Poker


Global poker new player offer


New signups at global poker will receive the following enticing welcome offer:



  • Get a $40 gold coin package, including 200,000 gold coins for just $20, plus bonus free 40 sweeps coins!

  • Plus get a $20 gold coin package absolutely FREE once you verify your account!



Simply verify your account via SMS and you will receive a generous free $20 gold coin package.


Global poker bonus code – january 2021


Global poker offers numerous bonuses for new players just for signing up and purchasing. The benefits of the bonus code are outlined below.


Do I need a bonus code at global poker?


No, you do not need a bonus code to get your free $20 gold coin package and purchase bonus – you simply need to use our links.


Online poker room global poker
global poker bonus codeuse this link to sign up
no purchase bonusfree $20 gold coin package with a verified account
purchase bonus$40 gold coin package for $20 on purchase
last updatedjanuary 2021


How to get free sweeps at global poker


One of the requirements for a site like global poker to remain classified as a sweepstakes site is that it must be possible to play for its prizes without paying anything yourself. While there are several ways that you can get free sweeps coins on global (gold coin purchase, social media contests, registration), we wanted to explore the most direct method: mailing a request to global poker company headquarters.


This method for acquiring sweeps coins comes with exceptionally specific instructions. Global poker’s Sweeps rules lay out exactly what you need to do. Let us be clear: you must follow these instructions to the letter. If you don’t, your request is voided and you won’t receive any free sweeps.


To start, use this link to join global poker and create a new account.


All requests must be handwritten. If you use a computer to produce your request, it will not work, so you’ll need a pen (or two).


Secondly, you have to have stationery that conforms to specific dimensions. Your request card needs to be 4” x 6”, blank, unlined and unfolded. Global recommends a postcard, but you can either buy the proper cards at an office supply store like office depot (what we did), or you can cut paper into the proper size.


You will also need to have no. 10 envelopes on hand to contain your request. You can put only one request in each envelope, so don’t try to pack them into one mailing. Finally, you will need some stamps. Neither global nor any other sweepstakes site will pay for postage.


Once you have everything together, you’re ready to start the request. As you can see, the elements that global wants on each card are quite explicit.


Global Poker Free Sweeps Cash


On the same side of each card, you will write your full name, your email address and every word of the following statement:


“I wish to receive sweeps coins to participate in the sweepstakes promotions offered by global poker. By submitting this request, I hereby declare that I have read, understood and agree to be bound by global poker’s terms and conditions and sweeps rules.”


Here’s how we wrote our request. The name and email have been blacked out for privacy reasons.


Please make sure that you only write on one side of the card. If you mark the opposite side, start again.


Once you’ve written your card, you should turn your attention to the envelope. It, too, must be handwritten with both global poker’s address and your return address.


Don’t use return labels, even though they would save money. Also, make sure to write the phrase “sweepstakes credits” somewhere on the envelope — we wrote it as if it was the person to whom we were sending the request.


Put the request in the envelope, and do not fold it as you do so. The instructions clearly mention that the request must be unfolded. After that, put the stamp on the request, and drop it in a mailbox.


Each successful request will yield 5 free sweeps coins into your account. If you want to redeem cash prizes from your account, you will need to verify it, so that’s not a bad thing to do while you’re waiting for the requests to arrive at VGW’s mailing address.


Global poker player rewards


Global poker doesn’t offer a VIP rewards program, which is a major shortcoming even by social gaming standards. On the bright side, the site features leaderboards and challenges that award its most active players with free sweeps coins. Furthermore, since the guarantees are relatively high, tournaments hosted on global poker can be considered a type of promotion.


Global poker registration


Creating a poker account with global poker is easier than it is on most poker sites. The registration process requires you to fill out a form with the following information:



  • First name

  • Last name

  • E-mail address

  • Name

  • Address

  • Date of birth



Unlike traditional poker rooms, global poker will not verify your personal information until you request your first redemption (redeem sweeps).



Global bonus schemes


If you read nothing else, read this . . .



  • Views on bonuses can differ from country to country, and region to region, as well as between organisations.

  • Labour markets, costs of living and exchange rates must be considered when setting an international bonus structure.

  • Rewarding individuals for the right behaviour as well as achieving results is an important element of bonus plans.

  • Clear communication of bonus structures is vital for employees who work across different regions.



Many factors must be considered when applying a bonus structure internationally, says tynan barton


For global organisations, setting a bonus structure for staff who work across different regions can be complicated. Countries, like companies, can have differing views on bonuses. For example, european employers tend to reward bonuses from the top of the organisation down, whereas countries such as japan and singapore have flatter bonus strategies.


In addition, employers need to consider what role the bonus will play in relation to their culture and business goals. Katharine turner, UK practice leader of executive compensation at towers watson, says: “one of the considerations for organisations when thinking about annual bonuses for all employees is the corporate philosophy on remuneration. What are the annual bonuses there to do? Corporate philosophy varies a lot, by country and by organisation.”


Another aim is to ensure a bonus plan will encourage the behaviour and values the organisation wants, not just the business goals. James berkeley, director of berkeley burke and co, says: “it is critical employers continue to build self-esteem. By that I mean self-worth and self-confidence in people when they are applying the right approach to doing something. It is important not only to reward the desired results, but also to reward the desired behaviour.”


Large multinational employers will often have a centralised approach to executive bonuses, wherever staff may be based. But beyond that top cadre, it is not always possible to have a pan-region framework in place, so local practice may be more applicable. Piia pilv, a partner at mercer, says: “it is a question of what makes sense for each employee category: one size fits all or a pure geographic approach. It is about looking at the different roles, responsibilities and labour markets.”


How to measure success


When assessing bonuses for regional roles, employers must consider how to measure success. The contribution of staff working across different areas will be less visible than that of staff working in a single country, so employers must carefully assess the measures they will use.


Stuart hyland, associate director at the hay group, says: “for example, do they express bonus as a fixed cash sum, in which case they could have a question over the relative inequity of payouts – although everyone is getting the same, different costs of living could mean one euro is worth more in one area than in another.


“similarly, if employers give out a percentage of base salary as a figure, there is a danger they will magnify any inequities in base salary. It is a real problem as to which route to go down.”


If an employer wants to ensure global consistency and equity, it has to consider whether setting targets for certain roles will be competitive worldwide. Paul coleman, senior consultant at ORC worldwide, says organisations could set a fairly standard target level, normally driven by performance measures. “those performance measures will, if achieved, have a significant upside,”


For example, a mid-management-level employee on a global variable pay plan might have an opportunity to earn 15% of their base salary, irrespective of where they are in the world. “then that person’s performance, and how much they influence their objectives or their measures, may increase that opportunity to as much as 30% or 50%.That is the main challenge in ensuring consistency,” says coleman.


Staff will inevitably discuss bonus plans, so employers must ensure objectives are clearly communicated. This can be achieved by spelling out the intent and design of the bonus plan and what it reflects about the business. “it is the philosophy behind the bonus,” says hyland. “employers can communicate that to staff and there might be a few issues where individual staff are not happy, but they will understand the logic behind it.”



Amazon to reward front-line employees with global recognition bonus


Amazon rewards front-line employees with appreciation bonus


Amazon is to pay a special holiday recognition bonus to its front-line employees globally, in order to demonstrate its appreciation for their work.


All front-line staff who are employed by the organisation between 1-31 december 2020 will be eligible for the bonus, which, in the UK, will total £300 for full-time and £150 for part-time employees. In total, amazon will invest more than $500 million in the special recognition bonus.


The payment follows a global appreciation bonus given to all front-line employees and partners in june 2020.


In a blog post, dave clark, senior vice president at amazon worldwide operations, wrote: “I’ve been at amazon for 22 holiday seasons and this one is definitely unique, to say the least. I’m grateful to our teams who continue to play a vital role serving their communities. As we head into the peak of the holiday season, we want to share our appreciation through another special recognition bonus.


“combined with other holiday pay incentives, in this quarter alone we are investing over $750 million in additional pay for our front-line hourly workforce. This brings our total spent on special bonuses and incentives for our teams globally to over $2.5 billion in 2020, including a $500 million thank-you bonus earlier this year.


“our teams are doing amazing work serving customers’ essential needs, while also helping to bring some much-needed holiday cheer for socially-distanced families around the world. I’ve never been more grateful for, or proud of, our teams.”



Global compensation and bonus plans can be powerful tools for motivating and rewarding global teams. But paying employees across borders implicates a range of legal problems


Since global rewards strategies are an excellent way to motivate international workforces and align strategy, multinationals increasingly launch compensation, benefits and bonus programs such as regional sales commission plans, international incentives and global executive retention bonuses. However, whenever a pay plan crosses borders, it spawns legal issues.


Pointer: as possible, design regional and global compensation and benefits plans to sidestep potential problems. Use a checklist.


Here is a checklist of what to account for:



  • Payor: will corporate headquarters fund the plan? Headquarters funding opens a host of issues, especially as to tax, withholdings, "permanent establishment" (doing business abroad) and national currency regulations such as foreign exchange and reporting rules. A headquarters entity that pays money directly to overseas employees can become a "dual employer" jointly liable for employment claims along with the local entity — a particular problem in latin america. One solution is to have local entities pay their employees directly, with headquarters reimbursing. However, complicating this, countries like india and singapore actually favor an overseas headquarters paying local employees, at least in respect to compensation and bonus plans with claw-back provisions.

  • Ripple effects: outside the US, bonus pay often gets rolled into "total compensation" for purposes of calculating legally-mandated payments such as vacation, pension, sunday/holiday premiums, severance pay and "thirteenth-month" bonus. A plan clause saying payments are excluded from these calculations can be enforceable in some places, but in certain countries (such as venezuela), enforceability may be difficult.

  • Definitions: be sure global compensation plans define all material terms, even those whose meaning in a single-country plan would be obvious. For example, plan eligibility may depend on "full time" status, being a "salaried" employee, or not "retiring" or being terminated for "good cause" during a plan year. These words mean different things in different locales. Define them in a way that works across borders, perhaps by incorporating local definitions.

  • Eligibility selection: be sure the plan selects participants in a way that is legal everywhere. For example, equal protection laws in germany and south africa effectively require employers to select participants based on objective reasons. The european union prohibits discriminating against temporary and part-time workers, making illegal those plans that reach only regular full-timers. Laws in the middle east prohibit paying foreigners more than locals.

  • Consultation: in some countries the roll-out of a new bonus plan will be a mandatory subject of consultation or bargaining with local works councils or trade union committees (although when a plan offers new benefits, worker representatives are quick to get on board).

  • Vested/acquired rights: in many countries, employees who customarily receive a payment a few times in a row acquire a vested right to receive it forever. Plan language saying "this does not give rise to any vested right to future payments" is a good idea, but will not always be enforceable. A one-time-only plan or one with an end date should state that feature clearly.

  • Consents: many plans include acknowledgments for employees to sign consenting to plan terms. But employee acknowledgements can be difficult to enforce in continental europe, argentina and other jurisdictions that see employer-requested consents as inherently coercive. Those bonus plans that offer extra money over and above employer pay obligations can sometimes sidestep this problem if the only consequence of a refusal to consent is non-participation in the plan.

  • Rescission of prior plan: if a new compensation plan replaces an earlier arrangement (often the case with commission plans), be certain to rescind the old plan properly. Getting an employee consent here is a best practice (if enforceable — see above). However, the vested/acquired rights doctrine (discussed above) can make rescission a problem if the old plan was more lucrative than the new one.

  • Claw-backs: retention bonuses sometimes have claw-back provisions requiring that employees whose employment terminates early pay back part of the bonus. Sales commission plans sometimes have claw-back provisions for recouping paid but unearned commissions. Recovering money from employees, though, is particularly difficult outside the US — especially in denmark, france, japan, korea, sweden and much of latin america.

  • Local pay laws: plans that pay a significant percentage of employee compensation are likely to trigger local pay laws. Argentine regulations on "traveling salesmen," for example, impact sales commission plans. Be sure to check.

  • Choice-of-law/dispute resolution: A best practice is to include a clause in the plan invoking headquarters' country law as governing law of the plan worldwide. These choice-of-law clauses should be enforceable at least as to those aspects of a plan not affecting fundamental employment rights (such as minimum wage). But a few countries, such as argentina and chile, may hold the clauses void. Dispute resolution provisions (meditation/arbitration/choice-of-forum) will likely be void wherever local labor courts enjoy mandatory jurisdiction over employment disputes.

  • Language: laws in chile, belgium, france, quebec, poland and portugal require that plans communicated locally be in the local language. One US company that overlooked this in france paid a $689,920 penalty.

  • Cross-border data transfers: adminis-tering a global compensation plan usually requires transmitting participant data back to headquarters. But in europe these data transfers require legal tools, such as participant consents, model contractual clauses, safe harbor or binding corporate rules.



In addition, any global equity or restricted stock plan raises many separate issues, such as securities, tax and currency laws.



Global bonus


Below you will find the solution for: global hotel chain 7 little words which contains 8 letters.


Global hotel chain 7 little words


Since you already solved the clue global hotel chain which had the answer STARWOOD, you can simply go back at the main post to check the other daily crossword clues. You can do so by clicking the link here 7 little words bonus 3 december 27 2020



# clues answer
1 feed livestock for a fee 5 letters
2 has faith in 8 letters
3 one who does menial tasks 6 letters
4 composting machine 8 letters
5 driving forward 10 letters
6 without emotion 10 letters


About


if you enjoy crossword puzzles, word finds, and anagram games, you're going to love 7 little words! Each bite-size puzzle consists of 7 clues, 7 mystery words, and 20 letter groups. Find the mystery words by deciphering the clues and combining the letter groups. 7 little words is FUN, CHALLENGING, and EASY TO LEARN. We guarantee you've never played anything like it before. Give 7 little words a try today! From the creators of moxie, monkey wrench, and red herring.

CATL offers bonuses for workers skipping lunar new year


Employees walk through the canteen at the Contemporary Amperex Technology Co. headquarters in Ningde.


(bloomberg) — workers at contemporary amperex technology co. Ltd. , china’s biggest maker of batteries for electric cars and a tesla inc. Supplier, can make a bit of extra money over the lunar new year — if they forgo the holiday.


A recruitment post on a job-hunting website that was verified by CATL is offering pay of as much as 13,100 yuan ($2,000) for february, more than double the usual amount, if workers agree to be present the whole month. China’s lunar new year runs feb. 11–18. It’s a time when almost everyone returns to their hometown to visit family, although mass movements will be complicated this year by the coronavirus pandemic.


“on the one hand, in response to the call for pandemic prevention, we are encouraging our employees to better protect themselves,” a spokesman said. “on the other, we are working on guaranteeing normal production and market supply during the traditional holiday.” the company plans to put on some cultural events to make employees “feel at home,” he said.


It’s a serious sweetener as the average monthly income in the southeastern coastal city of ningde in fujian province where CATL is headquartered is around 6,460 yuan. CATL is coming off a bumper 2020. Like other electric-vehicle suppliers, it caught the attention of investors who pushed its shenzhen-listed shares up 230%.


Last month, the company said it would invest 39 billion yuan in three battery projects that, according to china international capital corp. Analysts, should help it expand output by 120–150 gwh over the next two to four years to meet rising demand. CATL also returned to sales and profit growth after the covid-19 outbreak eased in china.


Bloombergnef analyst daixin li said working over the holiday may have more to do with china’s government not wanting to encourage travel to minimize the risk of the virus spreading.


“paying more money to attract people to stay in their working cities and keep working during the holiday is one of the major measures adopted by most companies,” she said.


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Regulatory reporting analyst - £40,000 - £55,000 + bonus + benefits - global corporate and investment bank - city/london regulatory reporting analyst - £40,000 - £55,000 + …


Profile criteria:



  1. Part-qualified, finalist or newly-qualified candidate (ACA/ACCA/CIMA) with some foundation of regulatory reporting experience or financial/management accounting experience from a financial services environment (note: candidates can have as little as 6 – 12 months experience OR even be a financial/management accountant with no regulatory reporting experience from the banking sector who would like to learn and move into this area with full training and development offered)

  2. Desire and willingness to learn, to cover the following (this role will be given lots of opportunity to grow and develop one’s skills and experience further): large exposure reporting, corep reporting, PRA and EBA returns, asset encumbrance, statistical reporting to the bank of england, banking product knowledge, pillar 3 disclosures, etc.

  3. Someone who can answer and speak with clarity and self-confidence. Good stakeholder management experience

  4. An individual who wants to continue growing their coverage, experience and career in their next role



Role purpose:



  • To assist with statistical returns for the bank to the bank of england.

  • To prepare and submit some of the the bank's prudential returns to the PRA / FCA

  • To ensure all the above returns are prepared correctly and submitted in a timely manner

  • To monitor and check that all regulatory changes are reflected within all relevant reports.



Objective of team and function:


In the UK, the bank's london branch is required to submit regular prudential, statistical and risk-related reports to local (PRA / bank of england) and european (EBA) regulators. These cover a variety of reporting disciplines including balance sheet, liquidity, credit risk and large exposures. In addition to external reporting, the bank must also monitor key ratios on a daily basis.


The role is responsible for the production of bank of england statistical regulatory reports and data submitted to the regulators.
Key objectives include the accurate and timely production of the bank's regulatory statistical returns and information to support management information



  • Some of the information from these statistical returns will be used to calculate the entity’s monthly cash ratio deposit with the bank of england, as well as form part of the calculations to determine the amount of annual prudential regulatory fees to pay to the PRA.

  • Some of the figures from statistical reports will go towards the published statistical figures which the bank of england produce and make publicly available on a quarterly basis.

  • Involvement in preparation of COREP reports



Responsibilities:



  • Produce, reconcile and review all of the bank's statistical reports to ensure the accuracy of reporting and compliance with the bank’s procedures.

  • Answer any queries which either the bank of england or the PRA may raise, either through investigations or by asking treasury or the relevant account officer for their input.

  • Preparation of COREP reports.

  • Maintain the access levels of both systems.

  • Check that customer information is accurately reflected within the system.

  • Preparation of reports relating to sterling overnight index average benchmarking requirements.



Knowledge / skills / relevant experience required:



  • Bachelor’s degree or equivalent

  • Industry experience either in regulatory reporting or financial/management accounting in working for a banking or financial services institution

  • Good knowledge of statistical and prudential reporting requirements with experience of managing calculations and reporting of key ratios

  • Knowledge and exposure to banking and capital markets products from a credit risk perspective

  • Proven ability to work with large amounts of financial and risk data

  • Experience in delivering financial or risk reports under pressure without compromising on accuracy and attention to detail

  • Experience in communicating complex change requirements to key stakeholders

  • Change management / implementation experience

  • Knowledge of local statistical reporting returns

  • Time-management skills to work under pressure to tight deadlines

  • Strong numerical and financial skills with the ability to interpret financial information

  • People-management skills (ideal but not essential)






so, let's see, what we have: global bonus schemes if you read nothing else, read this . . . Views on bonuses can differ from country to country, and region to region, as well as between organisations. Labour at global bonus

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