At a Glance
- Tasks: You'll create regulatory reports and improve processes in a dynamic banking environment.
- Company: Join a rapidly growing challenger bank making waves in the finance sector.
- Benefits: Enjoy hybrid working with two days in the office and flexible hours.
- Why this job: Make a real impact while developing your skills in a supportive team culture.
- Qualifications: You need to be a qualified accountant with regulatory reporting experience.
- Other info: This role offers a broad scope for professional growth and innovation.
The predicted salary is between 48000 - 72000 £ per year.
Reporting to the Head of Regulatory Reporting, as Regulatory Reporting Accountant you will play a key role in the delivery of regulatory reporting reports across this rapidly growing bank.
- Production of a suite of COREP returns and liquidity returns (including LCR & PRA 110)
- Support FINREP reporting and provide cover for BoE statistical returns
- Work closely with other areas of finance and treasury to provide MI reporting
- Review and suggest improvements to processes, data and controls which underpin regulatory reporting to drive efficiencies
- Support new product development from a regulatory reporting impact perspective
- Support the delivery of any changes to regulatory policy and transitioning this to the reporting
You will be a qualified accountant (ACA, ACCA, CIMA) with experience within regulatory reporting. This is a really broad role across all aspects of returns and offers the employee a chance to drive real value within the team in a rapidly growing and successful challenger bank.
Hybrid working available, 2 days office.
Regulatory Reporting Accountant in City of London employer: MF RECRUITMENT LIMITED
Contact Detail:
MF RECRUITMENT LIMITED Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Regulatory Reporting Accountant in City of London
✨Tip Number 1
Familiarise yourself with the latest regulatory frameworks and reporting standards relevant to the banking sector. Understanding COREP, FINREP, and liquidity returns will give you a solid foundation and demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the regulatory reporting field. Attend industry events or join online forums to connect with others who can provide insights into the role and potentially refer you to opportunities within their organisations.
✨Tip Number 3
Stay updated on changes in regulatory policies and how they impact reporting requirements. This knowledge will not only prepare you for interviews but also show that you are proactive and engaged in your professional development.
✨Tip Number 4
Prepare to discuss specific examples of how you've improved processes or controls in previous roles. Highlighting your ability to drive efficiencies will resonate well with hiring managers looking for candidates who can add value to their teams.
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 highlights your qualifications as a regulatory reporting accountant. Emphasise your experience with COREP, FINREP, and any relevant regulatory frameworks. Use specific examples to demonstrate your skills in producing reports and improving processes.
Craft a Compelling Cover Letter: In your cover letter, explain why you are interested in the role and how your background aligns with the responsibilities outlined in the job description. Mention your qualifications (ACA, ACCA, CIMA) and any relevant experience in regulatory reporting that showcases your ability to add value.
Highlight Relevant Skills: Focus on key skills that are essential for the role, such as attention to detail, analytical thinking, and proficiency in financial reporting. Provide examples of how you've used these skills in previous roles, particularly in relation to regulatory reporting.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your professionalism and attention to detail, which are crucial in a regulatory reporting role.
How to prepare for a job interview at MF RECRUITMENT LIMITED
✨Know Your Regulatory Reporting
Make sure you brush up on your knowledge of COREP, FINREP, and liquidity returns like LCR & PRA 110. Being able to discuss these topics confidently will show that you're well-prepared and understand the key responsibilities of the role.
✨Demonstrate Process Improvement Skills
Be ready to share examples of how you've reviewed and improved processes in previous roles. This is crucial for the position, so think of specific instances where your suggestions led to increased efficiency or better controls.
✨Showcase Your Teamwork Abilities
Since the role involves working closely with finance and treasury teams, highlight your experience in collaborative projects. Discuss how you’ve effectively communicated and partnered with other departments to achieve common goals.
✨Prepare for Regulatory Changes
Stay updated on recent changes in regulatory policies and be prepared to discuss how these might impact reporting. Showing that you can adapt to new regulations will demonstrate your proactive approach and readiness for the challenges of the role.