At a Glance
- Tasks: Manage and prepare regulatory reports for FCA, PRA, and Bank of England.
- Company: Join a leading bank focused on compliance and regulatory excellence.
- Benefits: Enjoy a permanent full-time role with opportunities for growth and development.
- Why this job: Be part of a dynamic team ensuring financial integrity and compliance in a fast-paced environment.
- Qualifications: 4 years of experience in regulatory accounting and knowledge of PRA and FCA requirements.
- Other info: We value diversity and encourage applications from all backgrounds.
The predicted salary is between 43200 - 72000 £ per year.
Job Title: Finance Regulatory Accountant Location: London U.K. Department: Finance Employment Type: Permanent Work Pattern: FullTime Overview: Due to the increased demand from the PRA and FCA banks and other financial institutions have to pay close attention to the changes in the regulatory requirements.The increased focus of the quality and accuracy of regulatory reporting along with the increased number of the reports the Bank needs to gain comfort that regulatory requirements are met in a timely manner and in compliance with the required guidelines. What You Will Be Doing: Prepare monitor and manage the daily weekly monthly quarterly and annual regulatory reports and prudential returns for FCA PRA and Bank of England. Ensure that regulatory requirements are complied with and acted upon as require. Produce daily reports including reporting for liquidity position cash collateral monitoring capital adequacy leverage group solvency collective impairment provision and financial information for Bank regulators. Prepare and submit regulatory reports to both internal and external stakeholders including FCA and PRA and internal management. Update and communicate key regulatory and financial metrics. Consolidate reports for ALCO pack and assist with BRC and Board reports. Keep up to date with changes to the internal and regulatory requirements for the Bank. Communicate with other teams (Treasury Finance Trade Finance Group IT ect.) to obtain the required details to ensure effective internal and regulatory reporting. Prepare and assist with monthly regulator reports PRA110 LCR and ALMM Have input in to the LE process for internal and external COREP reporting Candidate Specification : Regulatory requirements (including PRA FCA) Banking knowledge Effective reporting PQ ACCA (Association of Chartered and Certified Accountant) Regulatory accountant 4 years experience Good team player with interpersonal skills Selfmotivated and work well under pressure Detailoriented with ability to prioritize. Equal Employment Opportunity Bank ABC is committed to the principles of equal employment opportunity for all employees and applicants and in accordance with applicable laws does not discriminate on the basis of sex gender identity gender expression race color religion national origin ancestry age marital status disability medical condition sexual orientation or on any other basis prohibited by law. We welcome applications from people with disabilities and are committed to providing reasonable adjustments where necessary to make interviews and jobs more accessible. Should you have any difficulty during the recruitment process require any reasonable adjustments or an application to Access to work please contact the recruitment lead on:
Finance - Regulatory Accountant employer: Bank ABC
Contact Detail:
Bank ABC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance - Regulatory Accountant
✨Tip Number 1
Familiarize yourself with the latest regulatory requirements from the PRA and FCA. Understanding these changes will not only help you in your role but also demonstrate your proactive approach during interviews.
✨Tip Number 2
Network with professionals in the finance and regulatory accounting field. Attend industry events or join relevant online forums to connect with others who can provide insights and potentially refer you to opportunities.
✨Tip Number 3
Stay updated on financial reporting standards and best practices. This knowledge will be crucial when discussing your experience and how you can contribute to our team at StudySmarter.
✨Tip Number 4
Prepare to discuss specific examples of your past work related to regulatory reporting. Highlighting your experience with reports like PRA110, LCR, and ALMM will show that you are well-equipped for the responsibilities of this role.
We think you need these skills to ace Finance - Regulatory Accountant
Some tips for your application 🫡
Understand Regulatory Requirements: Familiarize yourself with the regulatory requirements set by the PRA and FCA. This knowledge will help you tailor your application to demonstrate your understanding of the role's responsibilities.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience in regulatory reporting and compliance. Mention specific reports you've prepared or managed, and any relevant qualifications like PQ ACCA.
Showcase Team Collaboration Skills: Since the role involves communication with various teams, highlight your interpersonal skills and experiences where you successfully collaborated with others to achieve common goals.
Tailor Your Cover Letter: Craft a personalized cover letter that reflects your passion for the finance sector and your motivation to work as a Regulatory Accountant. Make sure to connect your skills and experiences directly to the job description.
How to prepare for a job interview at Bank ABC
✨Understand Regulatory Requirements
Make sure you have a solid grasp of the regulatory requirements set by the PRA and FCA. Familiarize yourself with recent changes and how they impact reporting processes, as this will demonstrate your commitment to staying updated in the field.
✨Showcase Your Reporting Skills
Prepare examples of your previous experience in preparing and managing regulatory reports. Be ready to discuss specific reports you've worked on, the challenges you faced, and how you ensured compliance with regulatory standards.
✨Highlight Team Collaboration
Since the role involves communication with various teams, be prepared to share instances where you successfully collaborated with other departments. Emphasize your interpersonal skills and how they contributed to effective internal and regulatory reporting.
✨Demonstrate Attention to Detail
As a regulatory accountant, attention to detail is crucial. During the interview, provide examples of how your detail-oriented approach has helped you catch errors or improve reporting accuracy in your previous roles.