At a Glance
- Tasks: Lead financial reporting and ensure compliance in a fast-growing bank.
- Company: Join one of the UK's fastest growing and award-winning banks.
- Benefits: Generous pension, private medical cover, and 25 days holiday plus bank holidays.
- Other info: Work in Mayfair, London, with a supportive and inclusive culture.
- Why this job: Make a real impact in a dynamic environment with excellent career progression.
- Qualifications: Qualified Accountant with experience in banking or regulated financial services.
The predicted salary is between 80000 - 100000 € per year.
Join one of the UK’s fastest growing and award-winning banks. We are a team of ambitious, passionate, hardworking, and committed people who have successfully created and launched one of the UK’s newest specialist property finance banks. As we embark on an exciting journey of growth, we are seeking exceptional new team members who possess both the ambition and drive to contribute to our vision. At GB Bank, we believe that career progression should not only be achievable but accelerated, enabling our employees to reach their potential in a supportive and dynamic atmosphere. Our environment is fast-paced and collaborative, where your efforts are recognised, rewarded, and make a tangible impact. We take pride in fostering an open and inclusive culture that not only embraces change but also encourages continuous learning and professional development.
The Group Financial Controller (GFC) is responsible for the integrity, accuracy and control of the Bank’s financial and regulatory reporting framework. This is a senior leadership role within Finance, accountable for:
- Statutory financial reporting (IFRS / UK GAAP)
- Management accounting and performance reporting
- Regulatory reporting (COREP, FINREP, PRA returns)
- Treasury operations
- Finance operations (ledger, payments, reconciliations, controls)
The GFC ensures the Bank maintains a strong control environment while supporting growth, capital efficiency and regulatory compliance. The role is central to Board, Audit Committee and PRA engagement.
Key areas of responsibility:
- Lead preparation of Group and subsidiary statutory accounts
- Own accounting policy framework and technical position papers
- Manage external audit process and year-end timetable
- Ensure appropriate treatment of:
- EIR and fee income
- Hedge accounting
- Securitisation and structured transactions
- Maintain robust financial controls and documentation
- Accountable for clean audit opinions and high-quality disclosures
Management Accounting & Performance Reporting
- Lead monthly management accounts production
- Develop Board and ExCo performance packs
- Provide insight into:
- Cost of funds
- Product profitability
- RWA density and capital usage
- Partner with business heads to enhance commercial understanding of financial performance and product initiatives
Tax Compliance
- Oversee corporate tax compliance framework, including:
- Quarterly instalment payments
- Deferred tax calculations
- VAT returns
- Ensure accurate tax provisioning in statutory and management accounts
- Deliver tax automation and process improvements
- Support in the submission of CRS/FATCA and BBSI returns
Regulatory Reporting & Capital Returns
- Oversee delivery of PRA and Bank of England reporting including:
- COREP
- FINREP
- Large Exposures
- Liquidity returns (LCR / NSFR)
- Ensure alignment and reconciliation between regulatory reporting and statutory numbers
- Maintain RWA calculation oversight under UK CRR
- Coordinate responses to PRA queries and reviews
Treasury and Finance Operations – Control Environment
- Oversee core finance and treasury operations:
- Payments and settlement controls for both treasury and the wider business
- Reconciliations and substantiation
- Design and maintain robust control frameworks
- Ensure compliance with SMCR accountability
- Support Internal Audit and regulatory reviews
Leadership & Team Development
- Build and lead a high-performing Financial Control function
- Develop capability across regulatory reporting and treasury finance
- Drive continuous improvement and automation
- Promote strong risk and control culture
Key Skills & Experience
- Qualified Accountant (ACA/ACCA or equivalent preferred)
- Significant post-qualification experience in banking or regulated financial services focussed in challenger bank or growth bank
- Strong knowledge of:
- IFRS (particularly IFRS 9)
- UK CRR capital framework
- PRA regulatory reporting
- Experience managing external audit
- Experience leading teams
- Experience interacting with auditors and regulators
- Exposure to securitisation / structured funding
- Experience with regulatory reporting platforms
- Experience overseeing treasury accounting
- Strong technical accounting capability
- Deep understanding of capital and liquidity frameworks
- Structured and detail-oriented with strong control mindset
- Able to operate at Board and regulator level
- Commercially aware and strategically aligned
- Calm under pressure with delivery focus
Professional Qualifications (if appropriate)
- Qualified Accountant (ACA / ACCA or equivalent)
What we can offer you:
- 8% company pension contribution and 3% individual contribution (which you can opt to increase)
- 25 days holiday every year plus bank holidays on top
- Private medical cover with BUPA - includes no excess + you can add family through salary sacrifice
- Death in service at 4 x base salary with Aviva
- Mental health support - through a helpline and counselling sessions
- Enhanced maternity, paternity and adoption leave
What else do I need to know?
Location: Mayfair, London (4+ days in the office)
We are an equal opportunities employer and positively encourage applications from suitably qualified and eligible candidates, regardless of their age, sex, race, disability, sexual orientation, gender reassignment, religion or belief, marital/civil partnership status, or pregnancy and maternity.
Group Financial Controller (GFC) in London employer: GB Bank
At GB Bank, we pride ourselves on being one of the UK’s fastest growing and award-winning banks, offering a dynamic and collaborative work environment in the heart of Mayfair, London. Our commitment to employee growth is reflected in our accelerated career progression opportunities, comprehensive benefits including private medical cover and generous pension contributions, and a culture that values inclusivity and continuous learning. Join us to make a tangible impact while enjoying a supportive atmosphere that recognises and rewards your hard work.
StudySmarter Expert Advice🤫
We think this is how you could land Group Financial Controller (GFC) in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector, especially those who work in banks or financial services. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by researching the company culture and values. At GB Bank, they value ambition and collaboration, so be ready to showcase how you embody these traits in your past experiences.
✨Tip Number 3
Practice your responses to common interview questions, especially those related to financial reporting and regulatory compliance. Being articulate about your experience with IFRS and UK CRR will set you apart.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in being part of our exciting journey at GB Bank.
We think you need these skills to ace Group Financial Controller (GFC) in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Group Financial Controller role. Highlight your experience with IFRS, regulatory reporting, and team leadership. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter:Your cover letter should tell us why you're passionate about joining GB Bank. Share specific examples of your achievements in financial control and how you can contribute to our growth journey.
Showcase Your Technical Skills:Don’t forget to emphasise your technical accounting capabilities and experience with regulatory frameworks. We’re looking for someone who can operate at a high level, so make it clear how you fit the bill!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity at GB Bank!
How to prepare for a job interview at GB Bank
✨Know Your Numbers
As a Group Financial Controller, you'll need to demonstrate your expertise in financial reporting and regulatory compliance. Brush up on IFRS, UK GAAP, and the specific regulations relevant to the role. Be prepared to discuss how you've applied these in previous roles, especially in managing external audits and ensuring clean audit opinions.
✨Showcase Leadership Skills
This role requires strong leadership capabilities. Think of examples where you've built high-performing teams or driven continuous improvement in financial processes. Be ready to share how you foster a strong risk and control culture within your team, as this will resonate well with the interviewers.
✨Understand the Business
Demonstrate your commercial awareness by understanding the bank's products and how they impact financial performance. Prepare to discuss how you've partnered with business heads in the past to enhance financial insights and drive product initiatives. This shows that you're not just a numbers person but also a strategic thinker.
✨Prepare for Technical Questions
Expect technical questions related to capital and liquidity frameworks, treasury operations, and regulatory reporting. Review your knowledge on COREP, FINREP, and other relevant reports. Practising answers to potential questions can help you feel more confident and articulate during the interview.
