Prudential Regulatory Reporting Analyst

Join to apply for the Prudential Regulatory Reporting Analyst role at Volkswagen Financial Services (UK). This is a full-time permanent role working 35 hours per week, based in Milton Keynes with hybrid working options. Closing date: Friday 4th July.

What’s in it for you? Salary ranging from £56,816 - £71,000 depending on experience, company car scheme including electric vehicles, healthcare, discretionary bonus, and 27 days holiday + bank holidays.

You will play a pivotal role as a key senior technical advisor to the Prudential & Regulatory Reporting Manager regarding the regulatory reporting and wider financial data requirements for VWFS/VW Bank in the UK and Europe. Your key purpose will be the provision of analytical and strategic advice on:

• Completion and submission of Regulatory Reporting submissions
• Finance and Regulatory Reporting projects and change strategy
• Implementation, maintenance and enhancement of a new regulatory reporting software tool
• Finance data quality and definitions of regulatory reporting data requirements

The successful candidate will have the following experience to add value and succeed in this role:

• Experience of successfully leading a team and achieving results through people
• Driving high performance through effective coaching, mentoring, and developing talent through inclusive leadership
• Ability to effectively review complex portfolio analyses across high volume data sets and extract meaningful regulatory reporting insights
• Ability to set standards in terms of behaviour, culture and performance
• Ability to work under pressure, take ownership of complex tasks, problem solve and deliver in demanding business environments to meet strict deadlines
• Strong IT skills in some or all of MS Excel, SQL Server, Web Intelligence and Tableau
• High level of drive and commitment to continuously develop your own skills and experience
• Confident communicator able to convey complex concepts and calculations
• Networking skills to elicit key business knowledge and influence stakeholders
• Experience and knowledge of process management and implementing continuous improvements
• Organised and able to take a strategic view

If you’re a qualified accountant or have a similar professional qualification, this would be beneficial. A solid grounding in Banking Regulatory Capital Reporting matters, COREP, and a good understanding of IFRS accounting requirements for credit products, interest rate swaps, and fair values would also be an advantage. Experience of using a Regulatory Reporting Software package is preferred.

Here’s an idea of what you will be doing:

• Develop, coach, engage, motivate and manage the team to perform at their best
• Provide analytical and strategic advice on Financial / Regulatory Reporting projects and change strategy
• Implementing, documenting, maintaining, testing and enhancing a regulatory reporting software tool
• Overseeing the regulatory changes pipeline
• Planning and budgeting processes to ensure long term regulatory capital and liquidity requirements are addressed
• Provide guidance on adherence to all legal requirements, regulatory guidance and HQ policies
• Review and sign-off of regulatory reporting prior to submission
• Work with Regulators, HQ and Auditors to resolve any queries
• Deputise for the Prudential & Regulatory Reporting Manager
• Develop, deliver and present Finance and Regulatory MI and analytical insights to senior management

What else is on offer? We are passionate about employee development and offer ongoing support and training to help people achieve their career aspirations. We want you to achieve at your best and enjoy a successful career with us!

Volkswagen Financial Services is committed to being an inclusive employer and we welcome applications from everyone. Diversity and Inclusion is not just a statement for us; we are nurturing an environment where everyone can be their 100% self.