At a Glance
- Tasks: Support regulatory reporting, data validation, and automation in a dynamic banking environment.
- Company: Leading foreign bank offering diverse services to global clients.
- Benefits: Competitive salary, benefits package, and opportunities for professional growth.
- Other info: Fixed term contract role with potential for career development.
- Why this job: Gain valuable experience in regulatory reporting and enhance your finance career.
- Qualifications: Experience in regulatory reporting or related fields, strong Excel skills required.
An opportunity has arisen for a Regulatory Reporting Analyst to join the finance and regulatory reporting team within a leading foreign bank, providing a wide range of services to both private and corporate clients across the globe. As a Regulatory Reporting Analyst, you will support regulatory reporting, data validation, automation, testing and reporting controls across the Finance function. This is an office-based fixed term contract role (3-6 months) offering a salary range of £75,000 - £85,000 and benefits.
You will be responsible for:
- Assisting with the preparation, checking and validation of regulatory returns and supporting data.
- Supporting COREP reporting, including areas covering capital and liquidity where required.
- Contributing to regulatory reporting automation and system improvement initiatives.
- Carrying out User Acceptance Testing (UAT) on regulatory reporting outputs.
- Comparing automated results with existing reporting processes and investigating discrepancies.
- Analysing and reconciling data using Excel and relevant reporting systems.
- Investigating data-quality issues, variances and reporting anomalies.
- Supporting the development and testing of reporting controls.
- Assisting with regulatory rules mapping, data preparation and transformation.
- Supporting Single Customer View (SCV), FSCS and PRA Depositor Protection activities when required.
- Working with Finance, Technology and project teams to resolve reporting and data-related issues.
- Contributing to improvements in regulatory reporting processes and automation.
The candidates from the following background will be considered: Regulatory Reporting Analyst, Regulatory Reporting Specialist, Regulatory Reporting Officer, Regulatory Data Analyst, Regulatory Reporting Accountant, Regulatory Reporting Associate or similar.
What we are looking for:
Essential:
- Some experience or understanding of regulatory reporting within banking or financial services.
- A professional background in banking finance, regulatory change, finance transformation, data analysis or a closely related field.
- Strong Excel skills with the ability to analyse, reconcile and validate data.
- Experience of investigating discrepancies and identifying data-quality issues.
- The ability to work effectively with Finance, Technology and project stakeholders.
- A proactive approach to learning and developing knowledge of regulatory reporting processes.
Desirable:
- SQL knowledge.
- Exposure to SCV, FSCS or Depositor Protection.
- Exposure to COREP, FINREP, liquidity or other regulatory returns.
- Experience of UAT, testing, data validation, reporting automation or system enhancements.
- Familiarity with RegData or BEEDS would be useful, with training available where required.
- An accounting qualification, or progress towards one.
This is an excellent opportunity for a Regulatory Reporting Analyst to broaden their experience across a varied regulatory environment and further develop their career.
Regulatory Reporting Analyst - Banking in London employer: Additional Resources
At Additional Resources, we pride ourselves on fostering a collaborative and innovative work culture that empowers our employees to thrive. As a Senior App Security Engineer, you will benefit from flexible hybrid remote work arrangements in London, competitive salary packages, and ample opportunities for professional growth in the rapidly evolving field of application security. Join us to make a meaningful impact while enjoying a supportive environment that values your contributions and encourages continuous learning.
StudySmarter Expert Advice🤫
We think this is how you could land Regulatory Reporting Analyst - Banking in London
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Additional Resources.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Additional Resources might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Regulatory Reporting Analyst - Banking in London
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Additional Resources will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Additional Resources. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Additional Resources confidence in your short-term commitment to the role.
How to prepare for a job interview at Additional Resources
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Additional Resources.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Additional Resources that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
