At a Glance
- Tasks: Prepare and submit regulatory reports while supporting finance projects.
- Company: Established international banking institution with a collaborative culture.
- Benefits: Excellent career development potential and broad exposure across finance.
- Other info: Proactive environment with opportunities for professional growth.
- Why this job: Join a dynamic team and make an impact in regulatory reporting.
- Qualifications: Experience in banking finance and strong knowledge of regulatory requirements.
The predicted salary is between 55000 - 65000 £ per year.
An established international banking institution is seeking an experienced Assistant Vice President – Finance & Administration Officer to join its London office. This is an excellent opportunity for a finance professional with strong regulatory reporting, financial accounting, and banking finance experience to play a key role in supporting the Bank's financial and regulatory obligations.
The successful candidate will be responsible for the preparation, review, and submission of statutory and regulatory reporting, whilst supporting finance projects and ensuring compliance with all relevant regulatory requirements.
Key Responsibilities- Prepare, review and submit all statutory and regulatory reports to relevant authorities including the Bank of England (BOE), Prudential Regulation Authority (PRA), and Financial Conduct Authority (FCA).
- Produce management information and internal reporting for Head Office and senior management.
- Ensure reporting templates, data fields, and reporting requirements remain up to date and compliant with regulatory changes.
- Support regulatory reporting system enhancements, testing, UAT activities, and implementation projects, including Vermeg-related initiatives.
- Perform reconciliations, source data verification, and management reporting checks.
- Assist in maintaining the integrity of the General Ledger and ensure compliance with accounting policies.
- Support financial accounting, bookkeeping, budgeting, forecasting, and management accounting activities.
- Liaise with regulators, auditors, HMRC, and Head Office stakeholders.
- Assist with VAT accounting and VAT return submissions.
- Maintain accurate records, reporting documentation, procedures, and operational manuals.
- Provide cover for colleagues during periods of absence and contribute to wider departmental initiatives.
- Ensure adherence to all regulatory, compliance, and internal governance requirements.
We are looking for a proactive and detail-oriented finance professional who can operate independently while also collaborating effectively across the organisation.
Essential Skills & Experience:- Experience within banking or financial services finance functions.
- Strong knowledge of regulatory reporting requirements and UK banking regulations.
- Experience preparing regulatory returns for BOE, PRA and FCA.
- Solid financial accounting, management accounting, and reconciliation experience.
- Understanding of budgeting, forecasting, VAT accounting, and financial controls.
- Strong analytical and problem-solving skills.
- Excellent attention to detail and ability to meet strict reporting deadlines.
- Effective stakeholder management skills with the ability to engage confidently with regulators, auditors, Head Office, and internal teams.
- Advanced Excel and financial systems knowledge.
- Experience with Vermeg regulatory reporting systems.
- Previous exposure to banking audits and regulatory inspections.
- Professional accounting qualification (ACA, ACCA, CIMA or equivalent) or actively studying towards qualification.
Opportunity to join a well-established international banking organisation. Broad exposure across finance, regulatory reporting, and strategic projects. Collaborative and professional working environment. Excellent career development potential within a growing finance function.
If you are an experienced banking finance professional looking for your next challenge within a regulated environment, we would be pleased to hear from you.
Regulatory Accountant - eFinancialCareers in London employer: eFinancialCareers
Join a prestigious international banking institution in London, where you will thrive in a collaborative and professional environment that values your expertise in regulatory reporting and financial accounting. With excellent career development potential and the opportunity to engage with key stakeholders, this role offers a meaningful path for growth within a dynamic finance function, all while contributing to the bank's compliance and strategic initiatives.
StudySmarter Expert Advice🤫
We think this is how you could land Regulatory Accountant - eFinancialCareers in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and banking sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its regulatory environment. Familiarise yourself with their recent reports and any news related to the Bank of England, PRA, and FCA. This will show you’re genuinely interested and ready to hit the ground running.
✨Tip Number 3
Practice your answers to common interview questions, especially those related to regulatory reporting and compliance. Use the STAR method (Situation, Task, Action, Result) to structure your responses and highlight your relevant experience.
✨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 and engaged with our platform.
We think you need these skills to ace Regulatory Accountant - eFinancialCareers in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Regulatory Accountant. Highlight your experience with regulatory reporting and financial accounting, as these are key for us. Use specific examples that showcase your skills in compliance and stakeholder management.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Explain why you're passionate about the role and how your background fits perfectly with our needs. Don’t forget to mention your experience with BOE, PRA, and FCA reporting – it’ll make you stand out!
Showcase Your Skills:We love seeing strong analytical and problem-solving skills. In your application, be sure to mention any relevant projects or experiences where you've demonstrated these abilities, especially in a banking or financial services context.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates from us. Plus, it’s super easy!
How to prepare for a job interview at eFinancialCareers
✨Know Your Regulations
Make sure you brush up on the regulatory reporting requirements for the Bank of England, PRA, and FCA. Being able to discuss these confidently will show that you're not just familiar with the role but also understand the broader context of the banking environment.
✨Showcase Your Analytical Skills
Prepare examples from your past experience where you've demonstrated strong analytical and problem-solving skills. Be ready to discuss how you approached complex financial issues and what the outcomes were, as this will highlight your capability in handling the responsibilities of the role.
✨Master the Technical Side
Since advanced Excel skills are a must, make sure you can talk about specific functions or tools you've used in previous roles. If you've worked with Vermeg or similar regulatory reporting systems, be prepared to share your experiences and how they contributed to your team's success.
✨Engage with Stakeholders
Think of instances where you've effectively managed relationships with regulators, auditors, or internal teams. Being able to articulate your communication strategies and how you navigated those interactions will demonstrate your stakeholder management skills, which are crucial for this position.
