At a Glance
- Tasks: Lead the FINREP reporting process and enhance controls for regulatory compliance.
- Company: Join Close Brothers, a dynamic finance team with a focus 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 in London employer: Close Brothers
At Close Brothers, we pride ourselves on being an exceptional employer, offering a dynamic work environment where innovation and collaboration thrive. Our Finance Team is dedicated to professional growth, providing ample opportunities for career advancement while fostering a culture of support and inclusivity. Located in a vibrant area, we offer competitive benefits and a commitment to employee well-being, making us an ideal choice for those seeking meaningful and rewarding employment in the finance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Group FINREP Analyst in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector, especially those who have experience with FINREP. A casual 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 improved reporting processes in the past and how you can bring that expertise to Close Brothers.
✨Tip Number 3
Showcase your stakeholder management skills! During interviews, share examples of how you've effectively communicated with different teams and managed expectations. This will highlight your fit for the role.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining the Close Brothers Finance Team.
We think you need these skills to ace Group FINREP Analyst in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Group FINREP Analyst role. Highlight your previous experience in regulatory reporting and any relevant qualifications to catch our eye!
Craft a Compelling Cover Letter:Use your cover letter to tell us why you’re the perfect fit for the team. Share specific examples of how you've improved FINREP processes or managed stakeholders effectively – we love a good story!
Showcase Your Technical Expertise:Don’t shy away from detailing your technical knowledge of FINREP. We want to see your understanding of templates and instructions, so be clear about your expertise in this area.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our team!
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 Process Improvements
Come prepared with insights on how you've identified and addressed weaknesses in reporting processes. Highlight any frameworks or controls you've designed and implemented. This will demonstrate your proactive approach and technical expertise in FINREP.
✨Ask Insightful Questions
At the end of the interview, don’t shy away from asking questions. Inquire about the current challenges the team faces with FINREP reporting or how they envision the role evolving. This shows your genuine interest in the position and helps you gauge if it's the right fit for you.
