Specialist Financial & Regulatory Reporting
Specialist Financial & Regulatory Reporting

Specialist Financial & Regulatory Reporting

Full-Time 60000 - 75000 £ / year (est.) No home office possible
First Abu Dhabi Bank (FAB)

At a Glance

  • Tasks: Manage and prepare regulatory reports for UK financial authorities, ensuring accuracy and compliance.
  • Company: Join a leading financial institution with a commitment to excellence and innovation.
  • Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
  • Other info: Dynamic team environment with potential for career advancement.
  • Why this job: Be at the forefront of financial regulation and make a significant impact in the industry.
  • Qualifications: Strong understanding of regulatory reporting and financial compliance.

The predicted salary is between 60000 - 75000 £ per year.

The role holder is primarily responsible for:

  • All London Regulatory Reporting requirements to the UK PRA / Bank of England, FCA and CB UAE.
  • Maintaining and monitoring an annual tracker of all Reg Reports and tax issued by the UK Finance department.
  • Supporting the broader UK Finance goals and segregation of duty requirements as directed by their line manager.

Regulatory reporting encompasses all reporting requirements to:

  • PRA (Bank of England)
  • FCA
  • CB UAE
  • ONS

Ensure that all Group and UK Regulatory reporting requirements to all internal and external recipients are both accurate and delivered on time. Manage, maintain and develop UK Regulatory reporting software. Act as an advisor to businesses for new/existing products, processes and business arrangements relating to regulatory reporting compliance whilst ensuring all key information is captured for Regulatory reporting purposes.

Key Accountabilities:

  • Preparing/Reviewing all regulatory returns in compliance with the local and Group Central Bank and/or Regulators guidelines ensuring:
  • Reports are accurate and submitted no later than the due date.
  • Allow adequate time for review and (any) correction prior to submission.
  • Returns are fully referenced, reconciled within themselves and to the General Ledger.
  • Explanations are provided for any key period on period movements and/or unusual items.
  • Respond to any variance questions from UK Regulators.
  • Prepare Ad Hoc reports requested from HO associated with CB UAE requests.

The role holder must have the requisite knowledge to meet UK and First Abu Dhabi Bank regulatory reporting requirements. This requires the job holder to:

  • Keep up to date with all changes to the UK regulatory reporting environment advising seniors of new requirements with a full impact assessment.
  • Perform an ongoing review of all key static data.
  • Plan (act as project manager) for all changes to ensure they can be delivered ahead of any new reporting requirement.
  • Recommend any training programs, courses etc necessary to ensure responsibilities can be met.

For CASS Reporting, the role holder will support the Accountable CASS Officer (currently CFO) by preparing annual CASS questionnaires for UK Customers.

For Daily SONIA reporting, the role holder will be a member of the reporting team.

Ensuring accuracy of any regulatory static data (BoE codes etc) and W8BNE Form questions associated with new customers.

Specialist Financial & Regulatory Reporting employer: First Abu Dhabi Bank (FAB)

As a Specialist Financial & Regulatory Reporting professional at our London office, you will thrive in a dynamic work culture that prioritises accuracy and compliance while fostering employee growth through continuous training and development opportunities. Our commitment to maintaining a supportive environment ensures that you can excel in your role, contributing to the broader goals of UK Finance while enjoying the unique advantages of working in one of the world's leading financial hubs.
First Abu Dhabi Bank (FAB)

Contact Detail:

First Abu Dhabi Bank (FAB) Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Specialist Financial & Regulatory Reporting

✨Tip Number 1

Network like a pro! Reach out to professionals in the financial and regulatory reporting field on LinkedIn. Join relevant groups, participate in discussions, and don’t be shy about asking for informational interviews. We all know that sometimes it’s not just what you know, but who you know!

✨Tip Number 2

Prepare for interviews by brushing up on your knowledge of UK regulatory requirements. Familiarise yourself with the PRA, FCA, and other key players. We recommend creating a cheat sheet of common questions and answers related to regulatory reporting to help you feel confident and ready.

✨Tip Number 3

Showcase your skills! Bring along examples of your previous work in regulatory reporting to interviews. Whether it’s reports you’ve prepared or projects you’ve managed, having tangible evidence of your expertise can really set you apart from the competition. We love seeing candidates who can back up their claims!

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we often have exclusive roles listed there that you won’t find anywhere else. Let’s get you that Specialist Financial & Regulatory Reporting role!

We think you need these skills to ace Specialist Financial & Regulatory Reporting

Regulatory Reporting
Knowledge of UK PRA and FCA requirements
Accuracy in Financial Reporting
Project Management
Data Reconciliation
Variance Analysis
Ad Hoc Reporting
Impact Assessment
CASS Reporting
SONIA Reporting
Regulatory Compliance
Communication Skills
Attention to Detail
Technical Proficiency in Reporting Software

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Specialist Financial & Regulatory Reporting role. Highlight your experience with regulatory reporting and any relevant software you've used. We want to see how your skills match 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 regulatory reporting and how you can contribute to our team. Keep it concise but impactful – we love a good story!

Showcase Your Attention to Detail: In this role, accuracy is key. Make sure your application is free from typos and errors. We appreciate candidates who take the time to double-check their work, so show us that you’re meticulous!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the info you need about the role right there!

How to prepare for a job interview at First Abu Dhabi Bank (FAB)

✨Know Your Regulations

Make sure you brush up on the latest UK regulatory reporting requirements, especially those related to the PRA and FCA. Being able to discuss recent changes and their implications will show that you're proactive and knowledgeable.

✨Demonstrate Attention to Detail

Since accuracy is key in regulatory reporting, prepare examples from your past work where your attention to detail made a difference. Be ready to explain how you ensure reports are reconciled and accurate before submission.

✨Showcase Your Project Management Skills

This role involves planning for changes in reporting requirements. Think of instances where you've successfully managed projects or changes in processes, and be prepared to discuss your approach and outcomes.

✨Prepare for Technical Questions

Expect questions about regulatory reporting software and tools. Familiarise yourself with any relevant systems you've used and be ready to discuss how you've leveraged technology to improve reporting accuracy and efficiency.

Specialist Financial & Regulatory Reporting
First Abu Dhabi Bank (FAB)

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