At a Glance
- Tasks: Manage data and prepare regulatory reports for CIBC’s European businesses.
- Company: Join a leading finance team at CIBC with a focus on innovation.
- Benefits: Gain valuable experience, study support, and a chance to grow your career.
- Other info: Opportunity to work under pressure and develop problem-solving skills.
- Why this job: Be part of a dynamic team that impacts financial reporting in Europe.
- Qualifications: Near-qualified ACA/ACCA or equivalent, with a passion for learning.
The predicted salary is between 30000 - 40000 £ per year.
The London Regulatory Reporting and Data Management team sits within Finance and owns Financial Regulatory Reporting for CIBC’s European businesses as well as supporting the two major systems that facilitate these activities - London Data Warehouse (LDW) and the General Ledger (GL). This role would be twofold:
- Oversight of the London Data Warehouse and Central Customer Database which provide key information feeds for the team.
- Preparation of regulatory reports or completion of limit monitoring activities for CIBC’s European businesses.
RESPONSIBILITIES OF THE ROLE
- Data Management
- Maintain Central Customer Database (CCDB) as a reliable information source for Regulatory Reporting.
- Review and action LDW Daily Error Log Reports and GL exception reports and ensure items are resolved as required on behalf of downstream users.
- Monitor General Ledger processes on behalf of the UK Finance team.
- Administer the GL set up and closure process for European org units.
- Highlight any operational issues relating to LDW and GL, investigate as required and liaise with the appropriate parties in order to achieve a solution.
- Undertake User Acceptance Testing (UAT) and implementation for LDW and GL projects as required.
- Develop knowledge of the LDW database, mapping and query functionality. Develop an understanding of various LDW tables and their maintenance in order to highlight any operational inefficiencies or process improvements.
- Regulatory Reporting
- Preparation of allocated regulatory Financial Regulatory reporting for CIBC’s European entities.
- Involvement in other Finance ad-hoc tasks as assigned by manager.
- Seek ways to automate reporting through tools such as Alteryx to increase capacity.
- Support SLA made with Luxembourg and ensure deliverables for which have responsibility are met at target levels set.
- Support record retention to ensure requirements are met.
REQUIRED KNOWLEDGE / SKILLS / ATTRIBUTES
- Near-qualified ACA/ACCA/equivalent candidate.
- Prior experience with regulatory returns – Bank of England statistical reporting preferred.
- Experience with Alteryx preferred.
- Appetite to learn and develop and to grow the role.
- Strong interpersonal skills with ability to effectively communicate and interact with others at all levels within and outside the Finance team.
- Working knowledge of investment banking products, data fields and systems.
- Clear, methodical approach.
- Attention to detail, ability to prepare concise and accurate documentation and work-papers.
- Ability to be proactive in finding and developing solutions and be actively aware of data integrity issues and their impact to downstream processes.
- Ability to self-manage, to work under pressure and to tight deadlines.
- Assistance with relevant study support may be provided (in accordance with CIBC policy at the discretion of manager).
Regulatory Reporting and Data Management Assistant, Finance in London employer: CIBC Capital Markets
CIBC is an exceptional employer that fosters a collaborative and innovative work culture, particularly within its London Regulatory Reporting and Data Management team. Employees benefit from opportunities for professional growth, including support for relevant studies, while working in a dynamic environment that values attention to detail and proactive problem-solving. The role offers a unique chance to engage with key financial systems and contribute to impactful regulatory reporting for CIBC’s European businesses.
StudySmarter Expert Advice🤫
We think this is how you could land Regulatory Reporting and Data Management Assistant, Finance in London
✨Get Involved with Campus Finance Societies
Join your university's finance or investment society — they're a goldmine for networking, guest lectures, and career fairs. These societies often host employers looking for entry-level talent like you, so get involved and make yourself known!
✨Attend Industry Workshops and Webinars
Look for workshops and webinars focused on banking and financial services. These events not only boost your knowledge but also let you connect with industry professionals who could help you land that entry-level role at places like CIBC Capital Markets.
✨Leverage LinkedIn for Informational Interviews
Take advantage of LinkedIn to reach out to professionals working in banking, especially those who've started in entry-level positions. Politely ask for a quick chat about their experience and any advice they might have on breaking into the field.
✨Apply Directly through Company Websites
Don't just rely on job boards. Head directly to CIBC Capital Markets's careers page and look for their entry-level openings. They might have opportunities that aren’t advertised widely, so keep checking back for new listings!
We think you need these skills to ace Regulatory Reporting and Data Management Assistant, Finance in London
Some tips for your application 🫡
Splash Your Skills on Your CV:In the banking and financial services realm, it's all about numbers and analysis. Make sure to highlight any relevant coursework, internships, or projects where you've used skills like financial modelling, data analysis, or risk assessment. Show us you can crunch those numbers!
Educational Achievements Matter:For an entry-level role, your grades and academic accomplishments are key. If you have any certifications, like CFA Level 1 or something similar, don’t forget to include them. We love seeing ambition and commitment to the industry, so flaunt those achievements!
Craft a Personal Touch in Your Cover Letter:Your cover letter is your chance to show us your enthusiasm for banking and finance! Share why you're passionate about the industry and how your studies or previous experiences have prepared you for this role. We want to see that spark and motivation!
Use the Right Format and Language:In banking, clarity is king. Use a clean, professional format for your CV and cover letter. Make sure to avoid jargon, but don’t shy away from technical terms where appropriate – just keep it all clear and easy to read. Let’s see your professionalism shine through!
How to prepare for a job interview at CIBC Capital Markets
✨Brush Up on Your Financial Knowledge
Since you're diving into the banking and financial services industry, make sure you're up to speed with current market trends and financial concepts. Be prepared to discuss things like interest rates and investment strategies, as you might get some technical questions that gauge your understanding.
✨Show Off Your Analytical Skills
Analytical skills are key in banking, so be ready to showcase how you've used them in your studies or any relevant projects. Prepare to tackle case studies or hypothetical financial scenarios during the interview that require you to analyse data and make informed decisions.
✨Demonstrate Your Team Spirit
As this is an entry-level role, they’ll likely look for how well you can collaborate and fit into their team. Think of examples from group projects or internships where you successfully worked with others. It'll help show that you're keen to learn and grow in a team-oriented environment.
✨Prepare Thoughtful Questions
Approach your interview with curiosity! Prepare insightful questions that reflect your knowledge of the industry, such as asking about the latest technology being implemented in their services. It shows you're genuinely interested in the company's operations and future.
