At a Glance
- Tasks: Prepare accurate regulatory reports and collaborate with finance teams to ensure compliance.
- Company: Join OSB Group, a forward-thinking bank focused on innovation and community support.
- Benefits: Competitive salary, hybrid working, annual bonus, and enhanced family-focused benefits.
- Other info: Dynamic workplace with a commitment to professional development and employee well-being.
- Why this job: Make a real impact in regulatory reporting while developing your career in finance.
- Qualifications: Experience in regulatory reporting and finance, with a strong understanding of capital regulations.
The predicted salary is between 50000 - 61000 £ per year.
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.
As a Senior Regulatory Reporting Analyst, you will have the opportunity to 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 within the Group.
- Preparing detailed analysis of key regulatory returns, investigate variances and escalate concerns as appropriate.
- Ensuring the timely 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 reconcile 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 working alongside projects and management information team.
We offer a base salary dependent on experience and location of between £50,000 - £61,000 and a competitive benefits package. Enhanced family‑focused benefits Hybrid‑working: 3 days in the office, 2 at home Annual bonus opportunity.
At OSB Group, we understand how much our people bring to our organisation, which is why we try our best to give back too! Our Purpose is to help our customers, colleagues and communities prosper and we are on a transformation journey to become "the bank of the future". Our commitment to professional development, flexible working, and employee well‑being fosters a dynamic and supportive workplace.
We are looking for talented individuals who have the experience and knowledge set out below:
- 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.
Senior Regulatory Reporting Analyst in Medway employer: OSB Group
Contact Detail:
OSB Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Regulatory Reporting Analyst in Medway
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and regulatory reporting sectors. Attend industry events or webinars, and don’t be shy about asking for informational interviews. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of capital reporting and regulatory frameworks. We recommend creating a cheat sheet of key terms and concepts. This way, you’ll feel confident discussing your expertise and how it aligns with the role.
✨Tip Number 3
Showcase your problem-solving skills! During interviews, be ready to share examples of how you’ve tackled challenges in previous roles. We love hearing about your thought process and how you’ve contributed to team success.
✨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’re always on the lookout for passionate candidates who are eager to join our journey towards becoming 'the bank of the future'.
We think you need these skills to ace Senior Regulatory Reporting Analyst in Medway
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your regulatory reporting experience and any relevant qualifications to show us you're the right fit for the Senior Regulatory Reporting Analyst role.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're passionate about regulatory reporting and how your background aligns with our team's goals. Be specific about your achievements and how they relate to the responsibilities outlined in the job description.
Showcase Your Analytical Skills: Since this role involves preparing detailed analyses of key regulatory returns, make sure to include examples of your analytical skills in your application. We want to see how you've tackled complex problems in the past and what tools or methods you used.
Apply Through Our Website: We encourage you to apply directly through our website. This way, we can ensure your application gets to the right people quickly. Plus, it shows us you're genuinely interested in joining our team at OSB Group!
How to prepare for a job interview at OSB Group
✨Know Your Regulatory Reporting Inside Out
Make sure you brush up on your knowledge of capital regulatory reporting, especially COREP and the specific returns mentioned in the job description. Be prepared to discuss your previous experience in regulatory reporting and how it relates to the role.
✨Showcase Your Analytical Skills
Since the role involves preparing detailed analyses and investigating variances, come ready with examples of how you've tackled similar challenges in the past. Highlight your problem-solving skills and your ability to present findings clearly to senior stakeholders.
✨Familiarise Yourself with the Team Dynamics
Understand the collaborative nature of the team and how it interacts with Finance, Risk, and Treasury. Be ready to discuss how you can contribute to a positive team environment and support collaborative problem-solving.
✨Prepare for Technical Questions
Expect questions about the software and tools used in regulatory reporting. If you have experience testing new software or working with management information teams, be sure to mention it. This shows you're adaptable and tech-savvy, which is crucial for the role.