At a Glance
- Tasks: Review and sign-off key regulatory reports, ensuring compliance with Bank of England guidelines.
- Company: Join a well-established financial services organisation known for its strong regulatory culture.
- Benefits: Enjoy hybrid working, professional development support, and a collaborative team environment.
- Why this job: Gain valuable experience in regulatory reporting and contribute to high-level financial oversight.
- Qualifications: 2+ years in regulatory reporting, proficiency in SQL and Excel, degree in Finance or related field.
- Other info: Full study support available for part-qualified candidates.
The predicted salary is between 36000 - 60000 £ per year.
An excellent opportunity has arisen for a Regulatory Reporting Analyst/Accountant to join a well-established organisation within the financial services sector. Operating within the banking industry, the company is known for its strong regulatory culture and plays a significant role in providing retail, business, and corporate banking services across the UK. The position sits within a regulatory finance function responsible for ensuring robust compliance with statutory reporting obligations. This role is part of a compact, high-performing team focused on second-level review and sign-off of critical regulatory reports. It offers a unique chance to move beyond production-level work and contribute to the oversight and analytical refinement of financial submissions.
Key Responsibilities:
- Perform second-level review and sign-off of key regulatory reports in line with Bank of England and other relevant guidelines.
- Apply technical expertise to ensure compliance with reporting standards, particularly regarding statistical returns (eg, FINREP).
- Interrogate datasets using advanced Excel and SQL to verify data integrity and support findings.
- Interpret complex financial documentation and regulatory requirements, providing clear and accurate insights.
- Engage with internal stakeholders to support governance around financial reporting.
- Support improvements in internal controls and regulatory reporting processes.
Key Requirements:
- At least 2 years of experience in a regulatory reporting role within banking or financial services, with specific exposure to Bank of England returns.
- Proficiency in SQL and advanced Excel for querying and analysing financial data.
- Strong interpretative skills with the ability to challenge data quality and provide analytical insights.
- Excellent verbal and written communication skills, with a keen eye for detail.
- Educated to degree level in Finance, Accounting, Economics or a similar numerate field.
- Holding or actively working towards a relevant professional qualification (ACCA, ACA, CIMA, CFA). Full study support is available for part-qualified candidates.
Why Join:
- Join a stable and respected organisation within the banking sector, with exposure to high-level financial oversight.
- Be part of a tight-knit, collaborative team working on strategically important outputs.
- Gain valuable experience in second-line regulatory reporting - a highly sought-after skill set.
- Benefit from a hybrid working arrangement, with only two days per week required in a central London office.
- Receive support for professional development and qualification progression.
Please apply immediately to be considered!
Regulatory Reporting Analyst/Accountant employer: Exalto Consulting
Contact Detail:
Exalto Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Regulatory Reporting Analyst/Accountant
✨Tip Number 1
Familiarise yourself with the specific regulatory frameworks and reporting standards relevant to the Bank of England. Understanding these guidelines will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Brush up on your SQL skills, as this role requires advanced querying and data analysis. Consider working on sample datasets or projects that allow you to showcase your ability to interrogate data effectively.
✨Tip Number 3
Network with professionals in the regulatory reporting field, especially those who have experience with the Bank of England. Engaging in conversations can provide insights into the role and may even lead to referrals.
✨Tip Number 4
Prepare to discuss your previous experiences in regulatory reporting during the interview. Be ready to share specific examples of how you've ensured compliance and improved reporting processes in your past roles.
We think you need these skills to ace Regulatory Reporting Analyst/Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in regulatory reporting, particularly within banking or financial services. Emphasise your proficiency in SQL and advanced Excel, as well as any specific exposure to Bank of England returns.
Craft a Strong Cover Letter: Write a cover letter that clearly outlines your motivation for applying to this role. Mention your understanding of the company's regulatory culture and how your skills align with the responsibilities of the position, especially in terms of second-level review and compliance.
Showcase Analytical Skills: In your application, provide examples of how you've used your analytical skills to challenge data quality and provide insights. This could include specific projects or tasks where you interrogated datasets or improved reporting processes.
Highlight Communication Skills: Since excellent verbal and written communication skills are essential for this role, include examples in your application that demonstrate your ability to interpret complex financial documentation and engage effectively with stakeholders.
How to prepare for a job interview at Exalto Consulting
✨Know Your Regulations
Familiarise yourself with the Bank of England's reporting requirements and any relevant regulations. Being able to discuss these confidently will show your understanding of the role and its importance in compliance.
✨Showcase Your SQL Skills
Prepare to demonstrate your proficiency in SQL during the interview. You might be asked to solve a problem or explain how you would interrogate datasets, so brush up on your querying techniques and be ready to discuss past experiences.
✨Highlight Analytical Experience
Be prepared to share specific examples of how you've challenged data quality or provided analytical insights in previous roles. This will illustrate your interpretative skills and your ability to contribute to the team's objectives.
✨Communicate Clearly
Since excellent verbal and written communication skills are essential, practice articulating complex financial concepts in a straightforward manner. This will help you convey your insights effectively and demonstrate your attention to detail.