At a Glance
- Tasks: Prepare accurate regulatory reports and collaborate with finance teams on capital management.
- Company: Join a forward-thinking financial services firm committed to diversity and inclusion.
- Benefits: Competitive salary, hybrid working, enhanced family benefits, and annual bonus opportunities.
- Why this job: Make a real impact in regulatory compliance while developing your analytical skills.
- Qualifications: Experience in regulatory reporting and finance; accountancy qualification is a plus.
- Other info: Dynamic team environment with a focus on collaboration and career growth.
The predicted salary is between 50000 - 61000 £ per year.
About the team
The Regulatory Reporting team collates information from across the business and uses it to produce periodic regulatory returns for the PRA, BoE, and FCA, supporting the firm’s regulatory compliance and capital management. We are a team of three analysts and a Senior Manager, led by the Head of Capital Reporting. The team works closely with Finance, Risk, and Treasury, and operates on a hybrid basis with a strong focus on collaborative problem-solving and rapid iteration.
What you will be doing?
As a Senior Regulatory Reporting Analyst, you will prepare complete, accurate, and timely regulatory reporting templates and similar external reports for review with a core focus on capital reporting for Group and its subsidiaries. You will also be part of the team responsible for managing the end‑to‑end production of capital reporting, including Own Funds, Leverage, Large Exposures and other returns.
Your responsibilities will include:
- Preparing capital regulatory returns for review on a monthly and quarterly basis including COREP with a focus on Own Funds (CA, CRSA, CCR, OPR, PRUVAL, MR), Leverage, Large Exposures and other returns for the Group and its subsidiaries.
- Preparing detailed analysis of key regulatory returns, investigating variances and escalating concerns as appropriate.
- Ensuring the timely and accurate submission of key regulatory returns following completion of all necessary controls and checks.
- Presenting COREP returns at clearance meetings with senior stakeholders including CFO and CRO.
- Preparing monthly capital usage estimates by running the quarterly return production process monthly for MI, forecasting and planning.
- Preparing the monthly regulatory capital calculations and reconciling them to the general ledger and the statutory capital position.
- Investigating and analysing queries raised in relation to PRA regulatory returns.
- Playing a key part in testing new software while working alongside projects and management information teams.
What’s in it for you?
We offer a base salary dependent on experience and location of between £50,000 - £61,000 and a competitive benefits package including:
- Enhanced family‑focused benefits
- Hybrid‑working: 3 days in the office, 2 at home
- Annual bonus opportunity
Do you have the skills?
Previous regulatory reporting experience in a Financial Services environment is essential, preferably in retail banking. Previous experience working in an Analyst role within a Finance team is essential. Good knowledge of capital regulatory reporting is essential. Accountancy qualification such as membership of the Association of Certified would be advantageous.
Diversity, Equity & Inclusion
Our team values spending time together in the office, typically 3 days a week to support collaboration and connection with colleagues, but we’re happy to have a conversation about what flexibility might look like for you. Not sure if you meet the spec? Let us decide. Research tells us that those from marginalised groups feel they need to meet 100% of the criteria to apply. Here at OSB, we are committed to inclusivity and understand the value different experiences and perspectives can bring, so please don’t feel you have to check every box to apply for a role internally. We champion diversity at all levels, with Board‑level Diversity Champions tracking our progress. We are proud to be signed up to the Women in Finance Charter to actively support the growth and development of senior women in our sector and are dedicated to treating all our employees and job applicants equally, opposed to discrimination on any grounds.
Senior Regulatory Reporting Analyst in Wolverhampton employer: OneSavings Bank Plc
Contact Detail:
OneSavings Bank Plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Regulatory Reporting Analyst in Wolverhampton
✨Tip Number 1
Network like a pro! Reach out to current employees in the Regulatory Reporting team or similar roles. A friendly chat can give you insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of capital regulatory reporting. Be ready to discuss your experience with COREP and other returns, as well as how you handle variances and escalations.
✨Tip Number 3
Show off your collaborative spirit! Since the role involves working closely with Finance, Risk, and Treasury, highlight any past experiences where teamwork led to successful outcomes.
✨Tip Number 4
Don’t forget to 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 are proactive about their job search.
We think you need these skills to ace Senior Regulatory Reporting Analyst in Wolverhampton
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Senior Regulatory Reporting Analyst role. Highlight your previous regulatory reporting experience and any relevant qualifications to grab our attention!
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're the perfect fit for our team. Share specific examples of your work in capital reporting and how you've collaborated with finance or risk teams in the past.
Showcase Your Analytical Skills: Since this role involves detailed analysis and problem-solving, be sure to mention any tools or methodologies you’ve used to investigate variances or prepare regulatory returns. We love seeing your analytical prowess!
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’s super easy!
How to prepare for a job interview at OneSavings Bank Plc
✨Know Your Regulatory Stuff
Make sure you brush up on your knowledge of capital regulatory reporting, especially COREP and the specific returns mentioned in the job description. Being able to discuss these topics confidently will show that you're not just familiar with the terms but can also apply them practically.
✨Prepare for Stakeholder Engagement
Since you'll be presenting COREP returns to senior stakeholders like the CFO and CRO, practice how you would communicate complex information clearly and concisely. Think about potential questions they might ask and prepare your answers in advance.
✨Showcase Your Analytical Skills
Be ready to discuss your experience with analysing variances in regulatory returns. Prepare examples from your past roles where you've successfully identified issues and escalated concerns, as this will demonstrate your problem-solving abilities.
✨Emphasise Collaboration
Given the team's focus on collaborative problem-solving, think of examples where you've worked effectively within a team, particularly in a hybrid setting. Highlight how you contribute to team dynamics and support your colleagues in achieving common goals.