At a Glance
- Tasks: Support the Regulatory Operations Manager in maintaining client financial records and ensuring compliance.
- Company: Dynamic corporate services provider based in Southampton.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Opportunity for career growth and to learn about Economic Substance regulations.
- Why this job: Join a fast-paced team and make a real impact on regulatory compliance.
- Qualifications: 1-2 years in financial services, accounting knowledge, and strong Excel skills.
The predicted salary is between 30000 - 40000 € per year.
Location: Southampton
Department: Corporate Services
Experience: A minimum of 1-2 years’ financial services experience in a relevant auditing/accounting role or corporate service provider role. Accounting certification preferred.
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 and actively contribute to process improvements within the team
- Accurately enter and maintain 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 the MS Office suite of applications with advanced Excel skills (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 (VA780) in Southampton employer: Carey Olsen
As a Regulatory Reporting Administrator in Southampton, you will join a dynamic corporate services team that values precision and compliance. Our supportive work culture fosters professional growth through continuous training and development opportunities, ensuring you stay ahead in the ever-evolving financial landscape. Enjoy the unique advantage of working in a vibrant coastal city, where a balanced lifestyle complements your career aspirations.
StudySmarter Expert Advice🤫
We think this is how you could land Regulatory Reporting Administrator (VA780) 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. We want you to be able to discuss these topics confidently, showing that you're not just a fit for the role but also genuinely interested in the field.
✨Tip Number 3
Don’t forget to showcase your attention to detail during interviews! Bring examples of how you've maintained accurate financial records or improved processes in previous roles. This will help us see that you’re the detail-oriented administrator we’re looking for.
✨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 that you’re serious about joining our team and ready to dive into the world of regulatory reporting.
We think you need these skills to ace Regulatory Reporting Administrator (VA780) in Southampton
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your relevant experience in financial services, especially any auditing or accounting roles. We want to see how your skills align with the responsibilities of the Regulatory Reporting Administrator position.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about regulatory reporting and how your background makes you a great fit for our team. Don’t forget to mention your attention to detail and ability to meet deadlines!
Showcase Your Skills:Be sure to highlight your proficiency in MS Office, particularly Excel, as well as any accounting certifications you hold. We love seeing candidates who can demonstrate their technical skills and how they can contribute to our compliance efforts.
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 Carey Olsen
✨Know Your Numbers
Brush up on your financial knowledge, especially around Economic Substance and Beneficial Ownership regulations. Be ready to discuss how your previous experience aligns with the responsibilities of the role, like preparing financial statements or filing regulatory returns.
✨Showcase Your Attention to Detail
As a Regulatory Reporting Administrator, attention to detail is crucial. Prepare examples from your past work where your meticulousness made a difference, whether it was during audits or while managing client records.
✨Familiarise Yourself with the Tools
Make sure you’re comfortable with MS Office, particularly Excel. If you have experience with any specific accounting software or databases, be prepared to discuss how you've used them to manage data effectively.
✨Ask Insightful Questions
Prepare thoughtful questions about the company’s approach to compliance and process improvements. This shows your genuine interest in the role and helps you understand how you can contribute to the team’s success.
