At a Glance
- Tasks: Prepare and analyse regulatory returns for key financial regulators in a dynamic banking environment.
- Company: Leading Capital Markets Business based in London with a focus on innovation.
- Benefits: Gain exposure to complex financial data and modernise reporting processes.
- Other info: Collaborative culture with opportunities for continuous improvement and career growth.
- Why this job: Join a high-impact team and make a difference in regulatory reporting.
- Qualifications: Strong data analysis skills and understanding of regulatory frameworks required.
The predicted salary is between 36000 - 60000 £ per year.
This leading Capital Markets Business are seeking a highly motivated Regulatory Reporting Analyst to join their team in London. This role is responsible for the preparation, analysis and submission of regulatory returns to key financial regulators, ensuring the organisation meets all regulatory obligations accurately and on time. The successful candidate will support regulatory reporting for the London Branch and provide coverage for prudential monitoring and reporting. This position requires strong data analysis capabilities, the ability to interpret and reconcile complex financial datasets, and a proactive approach to improving reporting processes through automation, system enhancements and technology-driven solutions.
Key Responsibilities
- Regulatory Reporting
- Prepare and submit regulatory returns for the London Branch to the Bank of England, Financial Conduct Authority and Prudential Regulation Authority.
- Prepare and submit regulatory returns to Head Office.
- Analyse underlying financial and operational data used in regulatory submissions to ensure completeness, consistency and accuracy.
- Investigate and resolve data discrepancies across multiple reporting systems and data sources.
- Data Analysis & Reporting
- Work with large and complex financial datasets to produce accurate regulatory reporting outputs.
- Perform detailed reconciliations and data validations between source systems, reporting tools and regulatory templates.
- Develop analytical insights to support reporting accuracy and identify trends or anomalies in regulatory data.
- Support data-driven decision making through the preparation of reports, analysis and presentations.
- Systems & Process Improvements
- Assist in the development and maintenance of regulatory reporting systems including Axiom.
- Support the automation of regulatory reporting processes and improve data integration across finance systems.
- Work closely with technology and data teams to enhance data pipelines and reporting frameworks.
- Contribute to the adoption of technology and AI-driven solutions to improve data quality, efficiency and insight within the regulatory reporting process.
- Prudential Monitoring
- Provide cover for daily monitoring of regulatory capital and large exposures.
- Support quarterly prudential reporting requirements and associated data analysis.
- Controls & Governance
- Ensure appropriate controls, attestations and sign-offs are completed before submission of regulatory returns.
- Maintain robust documentation, reconciliations and audit trails supporting regulatory submissions.
- Stay up to date with regulatory developments and assess potential impacts on reporting processes and data requirements.
Skills & Experience
- Knowledge
- Strong understanding of regulatory reporting frameworks and prudential requirements.
- Experience with ICARA and capital stress testing.
- Working knowledge of regulatory reporting platforms such as Axiom.
- Strong understanding of financial data structures and reporting systems.
- Data & Technical Skills
- Strong data analysis and data management skills.
- Ability to work with large datasets from multiple systems and reconcile complex financial information.
- Experience with data manipulation, reconciliation and reporting tools (e.g., Excel advanced functions, databases or reporting platforms).
- Interest in automation, data modelling and technology-driven reporting improvements.
- Strong quantitative and analytical capabilities.
- Personal Skills
- Excellent attention to detail and strong problem-solving skills.
- Ability to manage multiple priorities and tight reporting deadlines.
- Strong written and verbal communication skills.
- Proactive, adaptable and highly motivated team player.
- Ability to work effectively under pressure in a regulatory environment.
Why Join
- Opportunity to work in a high-impact regulatory reporting function within an international banking environment.
- Exposure to complex financial data and regulatory frameworks.
- Involvement in modernising reporting processes through data, automation and technology.
- Collaborative environment working across Finance, Risk and Technology teams.
- Be part of a high-performing team committed to continuous improvement and best practice.
Regulatory Reporting Analyst employer: Fidarsi
Fidarsi is an exceptional employer that fosters a collaborative and dynamic work culture in the heart of Greater London. With a strong focus on employee growth, this role as an HR Coordinator offers meaningful career development opportunities while working alongside a skilled HR team in the fast-paced FinTech sector. Employees benefit from a supportive environment that values innovation and teamwork, making it an ideal place for those looking to make a significant impact in their careers.
StudySmarter Expert Advice🤫
We think this is how you could land Regulatory Reporting Analyst
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Fidarsi. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Regulatory Reporting Analyst
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Fidarsi.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Fidarsi's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Fidarsi
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Fidarsi.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Fidarsi will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Fidarsi employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
