At a Glance
- Tasks: Ensure compliance with regulatory reporting and maintain accurate records.
- Company: Join a leading financial services organization in the heart of London.
- Benefits: Gain valuable experience in a dynamic environment with potential for growth.
- Why this job: Be a key player in managing regulatory risks and enhancing reporting processes.
- Qualifications: Experience in regulatory reporting and strong attention to detail required.
- Other info: This is a contract position with opportunities for professional development.
The predicted salary is between 48000 - 72000 £ per year.
Regulatory Reporting Officer Location: London, UK Employment Type: ContractVenn Group are seeking an experienced and detail-oriented Regulatory Reporting Officer to join a leading financial services organization in London. The successful candidate will be responsible for ensuring compliance with all regulatory reporting requirements, maintaining accurate records, and contributing to the enhancement of reporting processes and systems. This role is pivotal in ensuring the organization adheres to FCA, PRA, and other regulatory standards, supporting the business in managing regulatory risks effectively. Key Responsibilities: Regulatory Reporting & Compliance Prepare and submit accurate and timely regulatory reports (e.g., COREP, FINREP, LCR, NSFR, and other ad-hoc regulatory submissions) in line with FCA, PRA, and other relevant authorities. Monitor updates and changes in regulatory requirements, ensuring compliance with the latest standards. Conduct quality assurance reviews of submitted reports to identify and address discrepancies. Data Analysis & Management Collaborate with finance, risk, and IT teams to ensure the accuracy and completeness of data used for regulatory reporting. Maintain and enhance the regulatory reporting framework, including data va…
Regulatory Reporting Officer employer: Venn Group
Contact Detail:
Venn Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Regulatory Reporting Officer
✨Tip Number 1
Familiarize yourself with the latest FCA and PRA regulations. Understanding these frameworks will not only help you in your role but also demonstrate your commitment to compliance during the interview process.
✨Tip Number 2
Network with professionals in the financial services sector, especially those involved in regulatory reporting. Engaging with industry peers can provide insights into best practices and may even lead to referrals.
✨Tip Number 3
Stay updated on recent changes in regulatory requirements by following relevant news sources and joining professional groups. This knowledge will be crucial for discussions during interviews and will set you apart from other candidates.
✨Tip Number 4
Prepare to discuss specific examples of how you've contributed to enhancing reporting processes in previous roles. Highlighting your experience with COREP, FINREP, or similar reports will showcase your expertise and readiness for the position.
We think you need these skills to ace Regulatory Reporting Officer
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Regulatory Reporting Officer position. Understand the key responsibilities and required skills, such as knowledge of FCA and PRA regulations, to tailor your application effectively.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience in regulatory reporting and compliance. Provide specific examples of reports you have prepared and any relevant systems or processes you have improved.
Showcase Analytical Skills: Since data analysis is a crucial part of this role, make sure to highlight your analytical skills. Mention any tools or methodologies you are familiar with that can enhance the accuracy of regulatory reporting.
Proofread Your Application: Before submitting your application, carefully proofread your documents. Ensure there are no grammatical errors or typos, as attention to detail is essential for a Regulatory Reporting Officer.
How to prepare for a job interview at Venn Group
✨Know Your Regulations
Make sure you are well-versed in the latest FCA and PRA regulations. Familiarize yourself with specific reporting requirements like COREP and FINREP, as this will demonstrate your expertise and commitment to compliance.
✨Showcase Your Attention to Detail
As a Regulatory Reporting Officer, attention to detail is crucial. Prepare examples from your past experience where your meticulous nature helped identify discrepancies or improve reporting processes.
✨Collaborate Effectively
Highlight your ability to work with cross-functional teams, such as finance, risk, and IT. Discuss how you have successfully collaborated in the past to ensure data accuracy and enhance reporting frameworks.
✨Stay Updated on Regulatory Changes
Demonstrate your proactive approach by discussing how you keep up with changes in regulatory requirements. Mention any resources or networks you utilize to stay informed, showing that you are committed to continuous learning.