Job Description
General Info
- Department: COO
- Work time Percentage: 100%
- Location: Monaco
Our Company
EFG International is a global private banking group, offering private banking and asset management services. We serve clients in over 40 locations worldwide. EFG International offers a stimulating and dynamic work environment and strives to be an employer of choice.
EFG is committed to providing an equitable and inclusive working environment that is founded on the principle of mutual respect. Joining our team means experiencing a supportive environment, where your contributions are valued and recognised. We strongly believe that the diversity of our teams gives us a competitive advantage by fostering better decision-making and greater innovation.
Our Purpose and Mission
Empowering entrepreneurial minds to create value – today and for the future.
We are a private bank, offering personalised solutions on a global scale to private and institutional clients. Our sustainable success is based on our talents and on how we partner with our clients and communities to create lasting value.
We are looking for a seasoned Financial and Regulatory Reporting Manager to join our Finance team in Monaco.
Acting as Deputy to the Local CFO and primary interface with Group Finance in Geneva, you will lead the end‑to‑end financial consolidation and prudential regulatory reporting for the Monaco banking entity. You will design and oversee reporting frameworks, ensure data integrity and full compliance with local and Group requirements, and drive cross‑functional change initiatives that impact prudential ratios, financial statements and management information.
This is a strategic, hands‑on role with a medium‑term (1–3 year) horizon, combining technical leadership with coordination of local finance staff, Group colleagues and other stakeholders.
Key Responsibilities
Regulatory Reporting
- Lead regulatory banking reporting for Monaco, covering liquidity ratios (LCR, NSFR), COREP, leverage ratio, large exposures, RUBA, FGDR, PROTIDE, VUC, REMU, ANACREDIT, monetary statistics, CCAF and other local and European prudential returns.
- Ensure timely, accurate submissions to ACPR, Banque de France and other authorities; manage the full electronic submission process, including rejections and remediation.
- Direct the regulatory watch for Monaco (e.g. CRR3/CRR4, local requirements), perform impact assessments and propose implementation roadmaps to the CFO and Group Finance.
Financial Reporting & Consolidation
- Lead the preparation and supervision of group account consolidation for Monaco, including data collection, quality control, IFRS adjustments and preparation of consolidated financial statements, annexes and management reports.
- Ensure consistency between regulatory and financial reporting by designing reconciliation controls, challenging discrepancies and aligning methodologies with Group Finance standards.
- Drive Monaco’s contribution to year‑end closing and interim financial statements, coordinating with external auditors and Group Finance to resolve complex issues and deliver audit‑ready documentation.
Process Improvement & Change
- Lead continuous improvement of reporting and consolidation processes and tools, including digitalisation, automation and IT system mapping; define standards for local finance staff.
- Own regulatory and normative adaptation projects, translating new regulatory and accounting requirements into process, system and control changes, and steering cross‑functional project teams.
- Co‑lead strategic change and optimisation projects related to regulatory reporting, consolidation and finance systems, acting as business owner for selected initiatives and representing Monaco in Group‑wide working groups.
Advisory & Stakeholder Management
- Produce financial and regulatory analyses for Monaco management and Group Finance, interpreting trends in prudential ratios, balance sheet structure and performance indicators, and formulating recommendations.
- Shape and structure performance indicators for Monaco to support management in steering financial performance and regulatory positioning.
- Advise the Monaco CFO on regulatory and consolidation matters, highlighting risks and opportunities and proposing options aligned with Group policies and the local regulatory environment.
Leadership & Budget
- Lead and develop a local reporting and consolidation team of around four people, setting priorities, allocating resources and ensuring high‑quality outputs.
- Define and manage, together with the Local CFO, the operational budget for reporting and consolidation activities (audit/advisory fees, systems, tools and project costs) within the overall Finance budget.
Requirements and Qualifications
Education
- University degree in Finance, Accounting, Economics or a related field (minimum).
- Professional qualification such as Chartered Accountant or equivalent is preferred, given the depth of IFRS and consolidation expertise required.
Experience
- At least 10 years’ experience in financial services / banking finance, with solid experience in financial consolidation and regulatory reporting in a European banking environment.
- Advanced knowledge of IFRS standards and European banking regulations; operates at an expert level in a specialist area, using in‑depth expertise and business acumen to develop reporting and consolidation frameworks.
Technical Skills
- Strong knowledge of IFRS standards and European banking regulations, including CRR/CRD frameworks and local requirements applicable to Monaco.
- Expert in financial consolidation techniques (IFRS adjustments, intercompany eliminations, consolidated financial statements and disclosures).
- Advanced understanding of regulatory reporting frameworks (e.g. COREP, liquidity ratios, large exposures, ANACREDIT, monetary statistics, CCAF) and related controls.
- Proficient with financial IT systems, consolidation and reporting tools; experience leading digitalisation and automation initiatives.
- Strong analytical and synthesis skills, able to interpret complex financial and regulatory data and formulate clear recommendations.
Languages
- Fluent professional English (spoken and written).
- French is essential for effective interaction with local regulators, auditors and internal stakeholders in Monaco.
Our Values
- Accountability: Taking ownership for tasks and challenges, as well as seeking continuous improvement
- Hands-on: Being proactive to rapidly deliver high-quality results
- Passionate: Being committed and striving for excellence
- Solution-driven: Focusing on client outcomes and treating clients fairly with a risk-aware mindset
- Partnership-oriented: Promoting collaboration and teamwork. Working together with an entrepreneurial spirit.
Please ensure to attach a cover letter to your CV when filling the application.
Application
Should you wish to apply for this position use this link to apply.