At a Glance
- Tasks: Support regulatory operations by managing client financial records and ensuring compliance.
- Company: Join a dynamic team focused on regulatory excellence in financial services.
- Benefits: Competitive salary, professional development, and a fast-paced work environment.
- Other info: Opportunity for growth in a collaborative and client-focused setting.
- Why this job: Make a real impact while learning about financial regulations and compliance.
- Qualifications: 1-2 years in financial services, strong analytical skills, and attention to detail.
The predicted salary is between 30000 - 40000 € per year.
We are seeking a detail-oriented and experienced administrator to support the Regulatory Operations Manager in maintaining client financial records and ensuring compliance with Economic Substance and Beneficial Ownership obligations. This role involves preparing and reviewing client books of accounts, filing regulatory returns, and ensuring accurate data management within internal and external databases.
Key responsibilities:
- Review transaction documents and financial records
- File new Economic Substance Notifications and maintain accurate, up-to-date records on the Corporate Administration Platform
- Prepare, review, and submit annual Economic Substance Returns while ensuring compliance with regulatory requirements
- Ensure compliance with internal policies and procedures, while actively contributing to process improvements within the team
- Ensure the accurate entry and maintenance of Economic Substance and Beneficial Ownership data within our internal entity management system
- Assist the client accounting team with the preparation of financial statements for a varied portfolio of holding companies and trusts in line with transactional and statutory deadlines
- Collaborate with colleagues to ensure client expectations and regulatory deadlines are met
- Respond to ad hoc client requests related to regulatory and accounting reporting
- Conduct regular data audits to verify the accuracy and completeness of regulatory reporting data
- Stay up to date with regulatory changes impacting Economic Substance and Beneficial Ownership reporting, ensuring timely implementation of updates
- Proactively contribute to process improvements to enhance efficiency, accuracy, and compliance in regulatory reporting and financial record-keeping
Experience and qualifications:
- A minimum of 1-2 years' financial services experience in a relevant auditing/accounting role or corporate service provider role
- An ability to review financial statements from an accounting perspective
- An ability to assist in preparing journal entries, creating general ledgers and management accounts
- An ability to learn the Cayman Islands Economic Substance regulations with training provided
- Proficiency in using MS Office suite of applications with advanced Excel skills is essential
- Bachelor’s degree in Accounting, Business, Finance, or Law
- Accounting certification preferred (e.g., AAT, ACCA, CPA, CA, CIMA)
- Qualified or part-qualified (CIMA/ ACA / ACCA)
Personal Characteristics:
- Highly self-motivated and directed, with strong attention to detail
- Strong analytical, communication, and organizational skills
- Ability to work under pressure and meet tight deadlines
- A desire to work in a fast-paced, client-facing environment where delivery of a high calibre professional service, to both clients and other counterparties, is of key importance
Regulatory Reporting Administrator in Southampton employer: Carey Olsen
Join a dynamic team in the heart of the Cayman Islands, where we prioritise employee growth and development in a supportive work culture. As a Regulatory Reporting Administrator, you will benefit from comprehensive training, opportunities for professional advancement, and a collaborative environment that values innovation and compliance. Enjoy a rewarding career while contributing to meaningful financial services in a stunning location known for its vibrant community and beautiful surroundings.
StudySmarter Expert Advice🤫
We think this is how you could land Regulatory Reporting Administrator in Southampton
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial services sector and let them know you're on the hunt for a Regulatory Reporting Administrator role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of Economic Substance and Beneficial Ownership regulations. Show us that you’re not just a candidate, but someone who’s genuinely interested in the field and ready to hit the ground running!
✨Tip Number 3
Don’t forget to showcase your attention to detail during interviews. Bring examples of how you've maintained accurate records or improved processes in previous roles. We love seeing candidates who can demonstrate their skills with real-life scenarios!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows us you’re serious about joining our team and ready to contribute to our mission of delivering top-notch regulatory reporting.
We think you need these skills to ace Regulatory Reporting Administrator in Southampton
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in financial services and any relevant auditing or accounting roles. We want to see how your skills align with the responsibilities listed in the job description, so don’t hold back!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the Regulatory Reporting Administrator role. Mention specific experiences that demonstrate your attention to detail and ability to meet tight deadlines.
Showcase Your Skills:Don’t forget to highlight your proficiency in MS Office, especially Excel. If you have any accounting certifications, make sure they’re front and centre. We love seeing candidates who are eager to learn about Economic Substance regulations too!
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!
How to prepare for a job interview at Carey Olsen
✨Know Your Regulations
Make sure you brush up on the Cayman Islands Economic Substance regulations before your interview. Being able to discuss these regulations confidently will show that you're serious about the role and understand the compliance landscape.
✨Showcase Your Attention to Detail
Prepare examples from your past experience where your attention to detail made a difference. Whether it was catching an error in financial statements or ensuring compliance with regulatory requirements, these stories will highlight your fit for the role.
✨Familiarise Yourself with Financial Records
Since the role involves reviewing transaction documents and financial records, be ready to discuss your experience with these tasks. Bring along any relevant examples of how you've prepared or reviewed financial statements in previous roles.
✨Demonstrate Your Team Spirit
Collaboration is key in this role, so think of instances where you've worked effectively with colleagues to meet deadlines or improve processes. Highlighting your ability to work under pressure while maintaining a high standard of service will resonate well with the interviewers.
