At a Glance
- Tasks: Lead the FINREP reporting process and enhance controls for regulatory compliance.
- Company: Join Close Brothers, a dynamic finance team focused on innovation.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Opportunity to engage with senior management and drive finance transformation.
- Why this job: Be the expert in FINREP and make a real impact on financial reporting.
- Qualifications: Experience in regulatory reporting and strong stakeholder management skills.
The predicted salary is between 60000 - 75000 £ per year.
Join the Close Brothers Finance Team where you will act as the group’s FINREP subject matter expert and be responsible for strengthening and standardising the end‑to‑end FINREP reporting process, covering both the group and solo returns. Working as part of the Finance team, our ideal team member will have previous experience in delivering FINREP reporting within a bank with excellent stakeholder management and communication skills.
RESPONSIBILITIES
- Own, refresh and enhance the Group FINREP standard to reflect current regulatory requirements and internal control expectations.
- Develop and implement a clear framework for horizon scanning and change management, as well as assumptions, interpretations and judgements.
- Perform a comprehensive end‑to‑end review of FINREP processes and controls, from source systems through to final submission.
- Identify process weaknesses, manual workarounds, key person dependencies and control gaps.
- Review existing FINREP controls for design adequacy and operating effectiveness.
- Design and embed enhanced FINREP controls aligned to group control standards and the requirements of the Controls Transformation Programme.
- Act as the technical authority for FINREP, providing expert guidance and challenge.
- Provide clear deliverables, status reporting and handover documentation to ensure sustainability after contract completion.
WE WOULD LOVE TO HEAR FROM YOU IF YOU HAVE:
- Proven track record of fixing or uplifting regulatory reporting processes.
- Strong experience designing and embedding controls in regulated environments.
- Technical expertise in FINREP, including detailed understanding of templates and instructions.
- An ability to work independently, prioritise delivery and drive outcomes within a fixed timeframe.
- Professional qualifications (ACA, ACCA, CIMA, CIA) or equivalent experience.
IT IS NOT ESSENTIAL BUT IT WOULD BE GREAT IF YOU HAVE:
- Experience supporting or delivering controls or finance transformation programmes.
- Experience engaging with senior management on FINREP matters.
- Familiarity with GRC or control documentation tools.
- Regulatory reporting, risk and compliance or audit related qualifications.
Group FINREP Analyst employer: Close Brothers
At Close Brothers, we pride ourselves on being an excellent employer, offering a dynamic work culture that fosters collaboration and innovation within our Finance Team. As a Group FINREP Analyst, you will benefit from professional growth opportunities, competitive remuneration, and a supportive environment that values your expertise in regulatory reporting. Our commitment to employee development and a strong focus on work-life balance make us an attractive choice for those seeking meaningful and rewarding careers in the finance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Group FINREP Analyst
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector, especially those who have experience with FINREP. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge of FINREP. Be ready to discuss how you've tackled regulatory reporting challenges in the past. We want to see your expertise shine!
✨Tip Number 3
Showcase your stakeholder management skills during interviews. Share examples of how you've effectively communicated and collaborated with different teams. This is key for roles like the Group FINREP Analyst.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Group FINREP Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the job description. Highlight your experience with FINREP reporting and any relevant qualifications. We want to see how your skills match what we're looking for!
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 Group FINREP Analyst role. Share specific examples of your past successes in regulatory reporting and stakeholder management.
Showcase Your Technical Expertise:Don’t forget to mention your technical know-how in FINREP. We’re keen on seeing your understanding of templates and instructions, so make sure to include that in your application!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Close Brothers
✨Know Your FINREP Inside Out
Make sure you brush up on your FINREP knowledge before the interview. Understand the latest regulatory requirements and be ready to discuss how you've previously enhanced reporting processes. This will show that you're not just familiar with the subject but also passionate about it.
✨Showcase Your Stakeholder Management Skills
Prepare examples of how you've effectively managed stakeholders in past roles. Think about specific situations where your communication skills made a difference. This is crucial for the role, so demonstrating your ability to engage with various teams will set you apart.
✨Be Ready to Discuss Controls and Processes
Expect questions about your experience with designing and embedding controls. Have concrete examples ready that illustrate how you've identified weaknesses and implemented improvements in FINREP processes. This will highlight your analytical skills and attention to detail.
✨Demonstrate Your Independent Working Style
The job requires someone who can work independently and drive outcomes. Be prepared to talk about times when you've successfully prioritised tasks and delivered results under pressure. This will reassure them that you can handle the responsibilities of the role without constant supervision.
