At a Glance
- Tasks: Manage regulatory reporting and compliance while leading key projects and driving automation.
- Company: Join a leading UK bank with a focus on innovation and regulatory excellence.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Collaborative environment with opportunities to build relationships across all levels of the bank.
- Why this job: Make a real impact in the banking sector by ensuring compliance and driving regulatory initiatives.
- Qualifications: University degree or professional accounting qualification with strong regulatory reporting experience.
The predicted salary is between 45000 - 55000 £ per year.
The purpose of the role is to manage all regulatory reporting and regulatory compliance. This includes scanning for PRA, FCA, and Bank of England changes and completing and reviewing returns and liaising with regulators.
Key duties and responsibilities:
- Keep up to date with all regulatory changes and how they impact existing returns
- Lead Basel 3.1 transition project and provide required training
- Lead Form PL implementation project (reporting w.e.f. 31/12/27)
- Drive automation of regulatory returns from source systems
- Work in partnership with senior managers across the Bank to update ICAAP, ILAAP, and RRP
- Attendance at Asset and Liability Committee and Risk Management Committee
- Monitor the capital and liquidity position and assess impact of asset growth and changes in liquidity profile
- Oversee and review weekly ILG, LCR, and NSFR forecasts and present results at funding meetings
- Update ICAAP, ILAAP, and RRP
- Lead the Bank of England, PRA, and FCA regulatory reporting, specifically the following returns: Own Funds, ALMM, MLAR, FINREP, LE, PRA110, FSA17, NSFR, LV001, PSD001, and PSD007
- Assist with Group reporting, the production of the annual Statutory Accounts and Financial Statements
- Production of Pillar 3 schedules and oversight of BBSI reporting
- Work in partnership with other Finance team members and provide direction and review output on all regulatory work
- Work with the Senior Financial Modelling Analyst to automate returns, provide regulatory guidance, and build/improve stress testing models
- Build solid working relationships with staff at all levels across the Bank and provide support as required
- Supervision of Regulatory and Management Accountant
- Provide regulatory input to any process or product development across the Bank to ensure appropriate process design, implementation, and execution
- Ensure compliance with the statutory regulatory framework
- Verify that accounting, recording and information storage and retrieval procedures are adhered to
Skills/Experience:
- University graduate and/or hold a Professional Accounting Qualification
- Strong track record of regulatory reporting in a UK Bank
- Experience of Modelling, Financial Analysis, and Financial Reporting with a primary focus on regulatory elements
- History of studying and interpreting regulatory guidance
- In-depth knowledge of PRA, FCA, and Bank of England regulatory requirements
- Comprehensive practical understanding of requirements for capital and liquidity planning
- Proven working knowledge of all regulatory reporting, ICAAP, ILAAP, and RRP documents
Senior Regulatory Accountant employer: Judith & Co Recruitment
Join a dynamic and expanding company located on a picturesque Island off England, where you can thrive in a supportive work culture that values compliance and integrity. With a full benefits package and the unique advantage of capped tax, this role offers not only competitive remuneration but also significant opportunities for professional growth within the Asset Management and Banking sectors. Embrace the chance to make a meaningful impact while enjoying a balanced lifestyle in a stunning location.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Regulatory Accountant
✨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 Judith & Co Recruitment. 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 Senior Regulatory Accountant
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 Judith & Co Recruitment.
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 Judith & Co Recruitment'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 Judith & Co Recruitment
✨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 Judith & Co Recruitment.
✨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 Judith & Co Recruitment 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 Judith & Co Recruitment 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.
