Head of Regulatory Governance

Job content

About the team:

This is a great opportunity to join the OSB Group as the new Head of Regulatory Governance, as we undergo an exciting period of regulatory change. We want to remain at the forefront of whatever happens next and the fact we are recruiting for a number of senior roles within our Finance team, shows how serious we are about the future.

The role can be based in either Chatham or Wolverhampton with a hybrid working pattern.

About us:

OSB Group is a leading specialist mortgage lender, primarily focused on carefully selected segments of the mortgage market. Our specialist lending is supported by our Kent Reliance and Charter Savings Bank retail savings franchises. Diversification of funding is provided by sophisticated securitisation platforms. OSB’s unique cost-efficient operating model is supported by our wholly-owned subsidiary OSBIndia.

What you will be doing:

In this role, you will have the opportunity to lead on the governance of key prudential and regulatory reporting matters. You will be able to shape the Group’s approach to current and future regulatory requirements, and deliver superior outcomes in the governance of all related activities. The nature of the role also allows for continued development of your technical knowledge and expertise, in a supportive and ever changing environment.

OSB Group have had a lot of recent success, we are rapidly growing and are currently on a journey for the IRB accreditation. With a strong regulatory reporting management team and a sizeable team across the Group and its two banking entities, there is sure to be lots of opportunities for this role to grow as well as taking an important role in key prudential and regulatory projects.

Your responsibilities will include…

• Lead on maintaining the governance of key prudential and regulatory reporting matters in relation to decisions and revisions on approaches or treatments of prudential calculations and regulatory reporting practice.
• Take a lead on identifying and then developing (or co-ordinating) the related papers/proposals on matters that will need to be brought through the Group’s governance.
• Develop, document and maintain written policies, management subjective decisions (assumptions, interpretations and judgements), training materials, procedures and process maps relating to regulatory reporting and other prudential activities.
• Take membership of the Regulatory Governance Committee, where you will lead on the co-ordination of the Committee’s related activities.
• Lead on the development of bespoke submissions on regulatory returns to the PRA and first line cyclical "deep dive" review of regulatory returns, as necessary.
• Lead or support regulatory reporting project work, including change management and the related review and testing requirements, prior to supporting implementation.

In return for your commitment:

We offer a competitive base salary dependent and benefits package including:

• Discretionary annual bonus opportunity of up to 25%
• 30 days annual leave plus bank holidays
• Contributory pension (8% employer 5% employee)
• Life Assurance (4x salary) plus Group Income Protection
• Access to Private Medical Insurance and Medical Cash Plan
• Additional benefits such as Hybrid working, Cycle Purchase scheme, Technology Purchase scheme, Season Ticket Loan, Holiday purchase / sell schemes, Employee Perk Portals, Payroll giving and Save as you Earn scheme.

Could you be the one?

We are looking for talented individuals who have the experience and knowledge set out below:

• Experience working in, or with, regulatory reporting within retail banking is essential
• Deep subject matter expertise within elements of prudential regulation (liquidity and/or capital) and regulatory reporting
• Experience of competently dealing with senior management
• Familiarity with elements of the PRA regulatory framework and upcoming regulatory change
• Intermediate knowledge of Excel, Word and PowerPoint
• Detailed Knowledge of Basel 3/CRR/PRA Rulebook (including COREP)
• An accounting or treasury professional qualification

We also believe that your career and how you progress is as unique as your individual personality. We continually support our people so they can become the best version of themselves.

What to do next

If this sounds like you, please send us your CV!

Alternatively, if you wish to have an informal and confidential chat about this role please contact us on

If shortlisted from your initial application we operate a personalised recruitment process. Interviews are a two way street, we aim for them to be relevant and conversational to get the best out of you!

OSB Group are dedicated to diversity in the workplace and committed to treating all our employees and job applicants equally. We embrace equal opportunities and are opposed to discrimination on any grounds.

As part of our public commitment to the Women in Finance Charter, we have introduced our own initiatives to attract, develop and advance senior women in our sector. We don’t stop there though, we have broadened our approach to encourage diversity and inclusion at all levels and in all roles. Our leadership and Executive Committee are right behind us, to the extent that our Diversity Champions sit at Board level and on a monthly basis receive updates on our progress.

Whilst we are an organisation that values face-to-face interaction to build and nourish our culture, we also acknowledge that people are not must productive in an office and tied to the 9 to 5. The vast majority of roles throughout the Group fall within scope of our Hybrid Working approach, which aims to provide ongoing flexibility and support in terms of work:life balance. Our approach provides opportunity for individuals to informally agree with their Line Manager how they split their working week between their primary office location and home.

All applicants must have rights to work in the UK and be willing to undertake the relevant pre-employment screening checks should your application be successful.

Unfortunately, due to the high number of applications currently being received, only shortlisted candidates will be contacted.