At a Glance
- Tasks: Lead regulatory reporting, ensuring timely submissions and compliance with industry standards.
- Company: Join one of the fastest-growing building societies in the UK with a strong community focus.
- Benefits: Up to £70,000 salary, flexible working, 30 days holiday, and private medical insurance.
- Other info: Diversity and inclusion are at our core; we welcome everyone to thrive.
- Why this job: Make a real impact while developing your career in a supportive and values-driven environment.
- Qualifications: Strong understanding of UK regulatory frameworks and experience in regulatory reporting.
The predicted salary is between 65000 - 70000 £ per year.
As one of the fastest-growing building societies in the UK - with a proud heritage and bold ambitions for the future - it's easy to see why we stand out. Everything we do is driven by our desire to Help People Live Better Lives: supporting our members, strengthening our communities, and acting with integrity at every step.
To support our growth, we're looking for someone to join our Finance team to manage the regulatory reporting function by leading the end-to-end preparation, validation, and timely submission of statutory and prudential returns to governing bodies. The role is responsible for leading and developing the regulatory reporting team, driving high performance, accountability, and consistency in delivery. This is a role with variety, visibility and impact focusing on designing, executing, and maintaining robust control environments, ensuring audit readiness and eliminating operational or regulatory risks. Continuously interpreting evolving industry rules and driving the implementation of new reporting frameworks and automated tools across the business is key.
Main responsibilities include:
- Regulatory Interpretation & Horizon Scanning - interpreting PRA, FCA and wider regulatory requirements impacting reporting obligations, including Prudential returns and wider statistical and regulatory submissions. Translating regulatory requirements into clear internal definitions, data requirements and reporting logic and methodologies. This includes maintaining horizon scanning of regulatory change.
- Regulatory Reporting Oversight and Delivery - overseeing the production and submission of regulatory returns across Prudential regulators (PRA/FCA) and wider bodies (e.g. HMRC, ONS).
- Data Governance, Taxonomy & Definitions - developing and maintaining a regulatory taxonomy / data dictionary, ensuring clear mapping between regulatory definitions and internal data and consistency across all regulatory returns (PRA, HMRC, ONS).
- Systems, Data & External Provider Oversight - being the SME for regulatory reporting systems and data architecture including working with external system providers.
- Frameworks, Policies & Process Documentation - developing, maintaining and updating regulatory reporting policies, control frameworks and process documentation and procedures.
- Control Environment & Governance - establishing and maintaining a robust control framework for regulatory reporting, producing management information and supporting governance through relevant forums (e.g. Finance, ALCo, Risk Committees).
- Wider Finance & Prudential Support - supporting Finance and Treasury through analysis derived from regulatory reporting outputs and Inputs to capital, liquidity and balance sheet management.
- Team Leadership & Management - providing overall leadership to the team setting clear objectives, expectations, and performance standards whilst supporting the development, coaching, and training of team members.
What we're looking for:
- Strong understanding of UK prudential regulatory frameworks (PRA/FCA).
- Experience in regulatory reporting within a bank, building society or audit.
- Proven ability to interpret complex regulatory requirements and apply them in practice.
- Strong analytical skills, including data validation and reconciliation.
- Experience working with finance, treasury or risk data.
- Strong control mindset and attention to detail.
- Previous managerial experience.
Why join us? This is a brilliant opportunity for someone who's ready to take a step forward in their career. You'll join a supportive team, get exposure to different parts of the business, and play a part in driving meaningful change. If you're ambitious, values-driven, and excited to grow - we'd love to hear from you.
What you'll get in return:
- Up to £70,000 (depending on skills and experience).
- Intelligent working - split your time between home and our Brierley Hill office.
- 30 days' holiday + bank holidays + 'Moments that Matter' days (birthdays, weddings, getting your house keys, welcoming a grandchild - the moments that count).
- Up to 8% pension contribution.
- Life assurance at 4 salary.
- Full Private Medical Insurance for you and your family.
- A healthcare plan for everyday essentials like dental and optical.
- Access to our Salary Sacrifice schemes: Cycle to Work and Electric Car schemes.
Diversity, Equality and Inclusion: We're building a culture where everyone feels respected, supported and valued. Diversity isn't a tick-box for us - it's a strength we actively champion. Whoever you are, and whatever makes you you, you'll be welcomed here and encouraged to thrive.
And there's more: We're a Certified B Corp and officially a Great Place to Work in the UK - and for good reason.
Regulatory Reporting Manager in Birmingham employer: Dudley Building Society
As one of the fastest-growing building societies in the UK, we pride ourselves on our commitment to helping people live better lives while fostering a supportive and inclusive work environment. Our Finance team offers a unique opportunity for growth and development, with a focus on driving meaningful change and innovation in regulatory reporting. With competitive benefits, including flexible working arrangements, generous holiday allowances, and a strong emphasis on diversity and inclusion, joining us means becoming part of a values-driven organisation that truly cares about its employees and their well-being.
StudySmarter Expert Advice🤫
We think this is how you could land Regulatory Reporting Manager in Birmingham
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. 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 researching the company and its values. Understand their regulatory reporting needs and think about how your experience aligns with their goals. This will help you stand out as a candidate who truly gets them.
✨Tip Number 3
Practice your responses to common interview questions, especially those related to regulatory frameworks and data governance. The more comfortable you are, the better you'll perform when it counts!
✨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 take that extra step to engage with us directly.
We think you need these skills to ace Regulatory Reporting Manager in Birmingham
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Regulatory Reporting Manager role. Highlight your experience with UK prudential regulatory frameworks and any relevant managerial experience. We want to see how your skills align with 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 passionate about this role and how you can contribute to our mission of helping people live better lives. Keep it concise but impactful!
Showcase Your Analytical Skills:Since this role requires strong analytical skills, make sure to include examples of how you've successfully interpreted complex regulatory requirements in your previous roles. We love seeing real-life applications of your skills!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get to know you better. Don’t miss out on this opportunity!
How to prepare for a job interview at Dudley Building Society
✨Know Your Regulations
Make sure you brush up on the UK prudential regulatory frameworks, especially those from the PRA and FCA. Being able to discuss these in detail will show that you understand the core of the role and can interpret complex requirements effectively.
✨Showcase Your Analytical Skills
Prepare examples that highlight your strong analytical skills, particularly in data validation and reconciliation. Be ready to discuss how you've tackled similar challenges in previous roles, as this will demonstrate your capability to handle the responsibilities of the position.
✨Demonstrate Leadership Experience
Since the role involves team leadership, think of specific instances where you've successfully led a team or project. Share how you set objectives, supported team members, and drove performance, as this will illustrate your managerial experience and ability to foster a high-performance culture.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills and decision-making process. Practice articulating how you would approach regulatory changes or compliance issues, as this will showcase your proactive mindset and control environment awareness.
