At a Glance
- Tasks: Lead regulatory reporting and drive process improvements in a dynamic banking environment.
- Company: Independent Bank in London with a focus on innovation and efficiency.
- Benefits: Competitive salary, professional development, and the chance to shape regulatory frameworks.
- Other info: Opportunity for significant ownership and career advancement.
- Why this job: Make a real impact on regulatory processes while leading a talented team.
- Qualifications: Experience in UK regulatory reporting and relevant professional qualifications.
The predicted salary is between 60000 - 75000 £ per year.
This is a senior appointment for a Regulatory Reporting Manager to act as the second-in-command to the Head of Regulatory Reporting. This role is designed for a professional who balances high-level technical production with a mandate to modernise the reporting function.
As the "number two" in the department, you will oversee the full suite of prudential returns while supporting efforts to increase automation and efficiency.
Key Responsibilities- Core Reporting: Take primary responsibility for the accurate production and submission of FINREP and COREP (including Capital, Liquidity, and Large Exposures).
- Regulator Liaison: Manage the end-to-end delivery of all PRA and Bank of England statistical returns, ensuring compliance with the latest prudential standards.
- Process Transformation: Lead the identification and implementation of process improvements. You will be tasked with streamlining existing reporting cycles and enhancing data lineage.
- Change Initiatives: Drive the change agenda for the function, including the interpretation of new regulatory rules and the delivery of system enhancements.
- Leadership & Deputisation: Provide technical mentorship to the team and act as the formal deputy for the Head of Regulatory Reporting in senior committees and stakeholder meetings.
- Technical Breadth: Comprehensive experience in UK regulatory reporting, with a detailed understanding of COREP, FINREP, and BoE frameworks.
- Operational Improvement: A proven track record of improving reporting processes and managing change projects rather than just maintaining the status quo.
- Professional Qualification: ACA, ACCA, CIMA or equivalent, with a background in a regulated banking environment.
- Technical Leadership: The ability to interpret regulatory policy and translate it into robust reporting processes.
This position offers a high degree of ownership and the opportunity to shape the bank’s regulatory framework. It is a role for a manager who wants to lead on technical delivery while having a tangible impact on the department’s operational efficiency and change strategy.
Commercial Accountant (Interim Contracts) in City of London employer: JSS
Contact Detail:
JSS Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Accountant (Interim Contracts) in City of London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Tailor your answers to show how your experience aligns with their needs, especially around regulatory reporting and process improvements.
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or use online resources to refine your responses. Focus on articulating your technical skills and leadership experience clearly.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities that might be just what you’re looking for. Plus, it’s a great way to get noticed by our hiring team.
We think you need these skills to ace Commercial Accountant (Interim Contracts) in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Regulatory Reporting Manager. Highlight your experience with FINREP, COREP, and any relevant regulatory frameworks. We want to see how your skills align with 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 the perfect fit for this role. Share specific examples of how you've improved reporting processes or led change initiatives in the past. We love a good story!
Showcase Your Technical Skills: Don’t forget to emphasise your technical qualifications, like ACA, ACCA, or CIMA. We’re looking for someone who can interpret regulatory policies and translate them into effective reporting processes, so make that clear in your application.
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. Plus, it’s super easy!
How to prepare for a job interview at JSS
✨Know Your Regulatory Reporting Inside Out
Make sure you brush up on your knowledge of UK regulatory reporting, especially COREP and FINREP. Be ready to discuss how you've handled these frameworks in the past and any challenges you've faced.
✨Showcase Your Change Management Skills
Prepare examples of how you've successfully led process improvements or change initiatives in previous roles. Highlight specific outcomes and how they benefited the organisation.
✨Demonstrate Leadership Qualities
As a potential deputy for the Head of Regulatory Reporting, it's crucial to show your leadership skills. Think of instances where you've mentored team members or led projects, and be ready to share those stories.
✨Engage with Technical Questions
Expect technical questions related to regulatory policies and reporting processes. Practice articulating your thought process clearly, as this will demonstrate your ability to interpret and implement complex regulations effectively.