Prudential Regulatory Reporting Manager - FTC (6 months) in London
Prudential Regulatory Reporting Manager - FTC (6 months)

Prudential Regulatory Reporting Manager - FTC (6 months) in London

London Full-Time 60000 - 75000 £ / year (est.) No home office possible
BACB

At a Glance

  • Tasks: Manage regulatory reporting and ensure compliance with PRA and Bank of England standards.
  • Company: Join a leading bank in the heart of London with a focus on innovation.
  • Benefits: Hybrid working, competitive salary, and opportunities for professional growth.
  • Other info: Collaborative team culture with excellent career advancement opportunities.
  • Why this job: Make a real impact in financial regulation while developing your skills in a dynamic environment.
  • Qualifications: Experience in prudential regulatory reporting and strong Excel skills required.

The predicted salary is between 60000 - 75000 £ per year.

This role is a 6‐month fixed term contract role. Reporting to the Head of Prudential Regulatory Reporting, the Prudential Regulatory Reporting Manager is responsible for accurate, timely and complete regulatory and statistical reporting to the PRA and the Bank of England.

Key Responsibilities

  • Supports the Head of Prudential Regulatory Reporting in all matters related to the management of the BACB balance sheet in respect of capital, funding and liquidity.
  • Ensures that BACB adheres to and understands all regulatory rules, understands the related implications and keeps up to date with any regulatory changes.
  • Provides support into the Finance change programme, such as for the implementation of Basel 3.1, collaborating with other areas in Finance.

Key Work Outputs and Accountabilities

  • Prepare and submit a full range of prudential and statistical reports to the PRA and BoE in a timely manner and to a high level of accuracy in accordance with the regulatory reporting timetable, enabling sufficient time for review and challenge.
  • Ensure that all relevant prudential and statistical regulatory governance, policies, frameworks, procedures, checklists, etc. are up to date, detailed and effectively documented.
  • Ensure that adequate controls are in place for the preparation of prudential and statistical regulatory reports, reviewing the work prepared by other members of the Prudential Regulation Reporting Team.
  • Ensure up‐to‐date procedures are in place to evidence that all prudential and statistical regulatory reports are reconciled to the Bank's books and records and are accompanied by relevant MI and a documented clear audit trail.
  • Work with the Head of Prudential Policy and Assurance to understand upcoming regulatory changes and ensure that the Prudential Regulatory Reporting Team is equipped to implement these either through change initiatives or larger projects and programmes.
  • Ensure that the Prudential Regulation Team, systems and processes are prepared to implement changes in template reporting and taxonomies.
  • Escalate immediately to the Head of Prudential Regulatory Reporting, Head of Prudential Regulation, Deputy CFO and CFO any concerns related to actual or projected capital, funding and liquidity shortfall.
  • Build and maintain good relationships with internal stakeholders, in particular the Risk, Treasury, Operations and Business areas.
  • Ensure that new products or Bank‐wide projects and initiatives are analysed for prudential and statistical regulatory reporting implications, are embedded in the Bank's accounting systems and that any software implementations are project managed effectively.
  • Support the wider Regulatory Reporting Team and review their work, where required.
  • Prepare MI as required for senior management.
  • Undertake ad‐hoc projects as requested by the Head of Prudential Regulatory Reporting, Head of Prudential Regulation, Deputy CFO or CFO.
  • Deputises for the Head of Prudential Regulatory Reporting, as required.

Required Qualifications and Experience

  • Proven expertise in prudential regulatory reporting experience within a Bank.
  • Professional accounting qualification is not essential but desirable.
  • Advanced Excel skills with the ability to map data and create meaningful reconciliations and MI.
  • Effective communication and interpersonal skills, in particular the ability to tailor to senior management and other stakeholders.
  • Strong organisational skills with the ability to ensure efficiency whilst balancing priorities.
  • Proactive and adaptable, with the ability to design and implement new processes and controls in response to evolving systems and regulatory requirements.
  • Strong controls background.

Prudential Regulatory Reporting Manager - FTC (6 months) in London employer: BACB

Join a dynamic team in the heart of the City of London, where we prioritise a hybrid working model that promotes work-life balance with three days onsite and two from home. As a Prudential Regulatory Reporting Manager, you will benefit from a collaborative work culture that values professional growth, offering opportunities to engage with senior management and contribute to significant regulatory projects. Our commitment to employee development and a supportive environment makes us an excellent employer for those seeking meaningful and rewarding careers in the banking sector.
BACB

Contact Detail:

BACB Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Prudential Regulatory Reporting Manager - FTC (6 months) in London

Tip Number 1

Network like a pro! Reach out to people in your industry on LinkedIn or at events. A friendly chat can lead to opportunities that aren’t even advertised yet.

Tip Number 2

Prepare for interviews by researching the company and its culture. Tailor your answers to show how your skills match their needs, especially around regulatory reporting and compliance.

Tip Number 3

Practice makes perfect! Do mock interviews with friends or use online platforms. The more comfortable you are speaking about your experience, the better you'll perform.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing familiar names in our inbox!

We think you need these skills to ace Prudential Regulatory Reporting Manager - FTC (6 months) in London

Prudential Regulatory Reporting
Regulatory Compliance
Basel 3.1 Implementation
Data Mapping
Advanced Excel Skills
Communication Skills
Interpersonal Skills
Organisational Skills
Process Design
Control Implementation
Stakeholder Management
Project Management
Financial Reporting
Risk Assessment

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experience that match the Prudential Regulatory Reporting Manager role. Highlight your expertise in regulatory reporting and any relevant projects you've worked on. We want to see how you can bring value to our team!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background aligns with our needs. Be sure to mention your understanding of regulatory changes and your proactive approach to challenges.

Showcase Your Excel Skills: Since advanced Excel skills are key for this position, don’t forget to mention specific examples of how you've used Excel to create reconciliations or manage data. We love seeing practical applications of your skills!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!

How to prepare for a job interview at BACB

Know Your Regulations

Make sure you brush up on the latest regulatory requirements, especially those related to the PRA and Bank of England. Being able to discuss recent changes and their implications will show that you're proactive and well-informed.

Showcase Your Excel Skills

Since advanced Excel skills are crucial for this role, be prepared to discuss specific examples of how you've used Excel to map data or create reconciliations. If possible, bring along a portfolio or examples of your work to demonstrate your capabilities.

Build Relationships

Highlight your experience in collaborating with various teams, such as Risk and Treasury. Be ready to share examples of how you've built strong relationships in previous roles, as this is key for success in the Prudential Regulatory Reporting Manager position.

Prepare for Scenario Questions

Expect questions that assess your problem-solving abilities, particularly around capital, funding, and liquidity shortfalls. Think of scenarios where you've had to implement new processes or controls and be ready to discuss how you approached these challenges.

Prudential Regulatory Reporting Manager - FTC (6 months) in London
BACB
Location: London

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

>