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 growth in a supportive environment.
- Why this job: Make a real impact on regulatory processes while leading a talented team.
- Qualifications: Experience in UK regulatory reporting and a professional qualification like ACA or ACCA.
The predicted salary is between 70000 - 90000 £ 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.
Regulatory Reporting Accountant in City of London employer: JSS
Contact Detail:
JSS Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Regulatory Reporting Accountant in City of London
✨Tip Number 1
Network like a pro! Reach out to professionals in the regulatory reporting field on LinkedIn or at industry events. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge of COREP and FINREP. We recommend creating a cheat sheet with key concepts and recent regulatory changes to impress your interviewers and show you’re on top of your game.
✨Tip Number 3
Don’t forget to showcase your process improvement skills! Be ready to discuss specific examples of how you’ve streamlined reporting processes in the past. We want to see how you can bring that expertise to our team.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Regulatory Reporting Accountant in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Regulatory Reporting Accountant. Highlight your experience with FINREP and COREP, and don’t forget to mention any process improvements you've led. We want to see how you can bring your unique skills to our team!
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. Talk about your technical expertise and how you’ve driven change in previous positions. We love seeing passion and personality in applications!
Showcase Your Achievements: When detailing your experience, focus on specific achievements rather than just responsibilities. Did you streamline a reporting process or improve compliance? Quantify your successes where possible – numbers speak volumes to us!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you’re considered for the role. Plus, it’s super easy – just a few clicks and you’re done!
How to prepare for a job interview at JSS
✨Know Your Regulatory Stuff
Make sure you brush up on your knowledge of UK regulatory reporting, especially COREP and FINREP. Be ready to discuss how you've applied this knowledge in previous roles, as it shows you're not just familiar with the terms but can also implement them effectively.
✨Showcase Your Change Management Skills
Prepare examples of how you've successfully led process improvements or change initiatives in past positions. This role is all about modernising the reporting function, so demonstrating your ability to drive change will set you apart from other candidates.
✨Be Ready for Technical Questions
Expect some deep dives into technical aspects of regulatory reporting. Brush up on the latest prudential standards and be prepared to explain how you would ensure compliance while enhancing efficiency in reporting cycles.
✨Demonstrate Leadership Qualities
As a potential deputy to 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 discuss how you can bring that experience to the table.