At a Glance
- Tasks: Lead assurance reviews and ensure high-quality regulatory reporting.
- Company: Metro Bank, a dynamic player in UK Financial Services.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Join a fast-paced team with opportunities for growth and learning.
- Why this job: Make a real impact on regulatory compliance and work with diverse teams.
- Qualifications: Experience in Regulatory Reporting and strong analytical skills required.
The predicted salary is between 55000 - 65000 £ per year.
As the Regulatory Reporting Assurance Specialist, you will provide independent oversight, challenge and assurance over Metro Bank's regulatory reporting, acting as a control-focused partner to BAU colleagues while delivering the Regulatory Reporting Self-Assessment Framework. Although independent from daily production, it supports peak BAU periods and regulatory change activity to ensure continuity, resilience, high-quality submissions, and strong working relationships across multiple teams.
Responsibilities
- Lead independent assurance reviews on COREP, FINREP, liquidity, statistical and other PRA/BoE returns.
- Assess data lineage, controls, reconciliations, adjustments, and documentation quality.
- Provide robust challenge to BAU teams to ensure reporting judgements are well supported and compliant.
- Produce clear, concise assurance reports and recommendations for senior stakeholders.
- Own and operate the Regulatory Reporting Self-Assessment Framework.
- Coordinate attestation cycles, gather evidence, score control health, and challenge the completeness of assessments.
- Ensure assessments are audit-ready, with documented control testing, findings, and remediation actions.
- Identify thematic issues and escalated material weaknesses where appropriate.
- Actively support the BAU reporting team during peak periods, such as quarter-ends, year-end, or regulatory deadlines.
- Assist with data validations, reconciliations, variance analysis, and quality checks on key returns.
- Help investigate unusual movements or data anomalies to ensure timely resolution.
- Provide additional capacity to maintain reporting resilience while retaining appropriate independence of thought.
Qualifications
- Strong experience of Regulatory Reporting within UK Financial Services.
- Deep technical knowledge of FINREP, COREP and Liquidity returns.
- Excellent ability to analyse and explain reports and movements to a variety of stakeholders.
- Strong technical skills with MS Excel combined with excellent analytical skills to reconcile data and produce reports.
- Excellent organisation skills with the ability to manage competing priorities and work to strict deadlines.
- ACCA, CIMA qualified or equivalent.
- Understand the risks associated with your job and what that means for you, Metro Bank and all our stakeholders.
Regulatory Reporting Assurance Specialist employer: Metro Bank
Metro Bank is an exceptional employer that prioritises a collaborative and supportive work culture, making it an ideal place for Regulatory Reporting Assurance Specialists to thrive. With a strong focus on employee growth and development, the bank offers numerous opportunities for professional advancement while ensuring a healthy work-life balance. Located in a vibrant area, Metro Bank fosters strong relationships across teams, providing a dynamic environment where your contributions are valued and recognised.
StudySmarter Expert Advice🤫
We think this is how you could land Regulatory Reporting Assurance Specialist
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already working at Metro Bank. A friendly chat can give you insider info and maybe even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of regulatory reporting. Be ready to discuss COREP, FINREP, and liquidity returns in detail. Show us you know your stuff!
✨Tip Number 3
Practice your assurance report writing skills. We want to see clear and concise communication. Maybe even draft a mock report to showcase your analytical abilities during interviews.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows us you’re serious about joining the team at Metro Bank.
We think you need these skills to ace Regulatory Reporting Assurance Specialist
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Regulatory Reporting Assurance Specialist role. Highlight your experience in regulatory reporting and any relevant qualifications like ACCA or CIMA. 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 make sure to showcase your personality and enthusiasm for the role.
Showcase Your Analytical Skills:Since this role requires strong analytical skills, be sure to include examples of how you've used these skills in past roles. Whether it's through data analysis or producing reports, we want to see your ability to tackle complex information head-on.
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 the role. Plus, it gives you a chance to explore more about us and what we do!
How to prepare for a job interview at Metro Bank
✨Know Your Regulatory Reporting Inside Out
Make sure you brush up on your knowledge of FINREP, COREP, and liquidity returns. Be ready to discuss how these reports are prepared and the common challenges faced in regulatory reporting. This will show that you’re not just familiar with the terms but can also engage in meaningful discussions about them.
✨Demonstrate Your Analytical Skills
Prepare to showcase your analytical abilities by discussing past experiences where you’ve had to analyse data or resolve discrepancies. Bring examples of how you’ve used MS Excel for reconciliations or variance analysis, as this is crucial for the role. Highlighting specific tools or techniques you’ve used can really set you apart.
✨Showcase Your Organisational Skills
Since the role involves managing competing priorities and strict deadlines, be ready to talk about how you organise your workload. Share strategies you’ve implemented in the past to ensure timely submissions, especially during peak periods. This will demonstrate your ability to thrive under pressure.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills, especially around unusual movements or data anomalies. Think of scenarios where you’ve had to challenge assumptions or provide assurance to stakeholders. Practising these types of questions will help you articulate your thought process clearly during the interview.
