Regulatory Reporting Analyst

Regulatory Reporting Analyst

Full-Time 40000 - 50000 £ / year (est.) Home office (partial)
Paragon Banking Group PLC

At a Glance

  • Tasks: Help deliver regulatory reporting standards and support financial frameworks in a dynamic banking environment.
  • Company: Award-winning UK bank focused on growth and customer satisfaction.
  • Benefits: Generous holiday allowance, pension contributions, employee discounts, and a volunteering day.
  • Other info: Hybrid working options available; inclusive employer committed to accessibility.
  • Why this job: Join a friendly team and make a real impact in regulatory reporting.
  • Qualifications: Experience in financial services and strong analytical skills.

The predicted salary is between 40000 - 50000 £ per year.

A Platinum Investors in People employer and an award-winning UK bank focused on growth. Our customers include savers and businesses across the UK, and we use specialist expertise to help them achieve their ambitions and build a sustainable future. If you’re an experienced Regulatory Reporting Accountant/Analyst looking for an opportunity to grow in a friendly environment, we’re looking for you.

What You’ll Be Doing

  • Reporting to the Head of Regulatory Reporting, you will be responsible for helping deliver the regulatory reporting Policy Standard, including associated controls across Paragon Banking Group Plc.
  • You will develop and support the regulatory, treasury and financial reporting frameworks in accordance with emerging best practice and regulatory expectations.
  • Support the development and maintenance of the regulatory reporting framework for the Bank and wider Group, ensuring complete, accurate and timely submission of all regulatory returns.
  • Monitor the regulatory reporting requirement horizon to ensure the suite of reporting is current and supports development.
  • Provide support to the business in identifying the impact of new regulation on current and proposed activity.
  • Report to relevant stakeholders on the performance of the regulatory reporting Policy Standard.
  • Work collaboratively with Group stakeholders to ensure requirements and responsibilities are clearly understood.
  • Maintain the procedures, interpretation documents and policies that support the regulatory reporting Policy Standard.
  • Work with second and third line to ensure that the reporting framework is robust.

About You

  • Previous financial services experience, especially within a regulatory reporting team.
  • Effective prioritisation of tasks to ensure delivery meets critical deadlines.
  • Confidence and ability to analyse and present complex information with internal and external customers.
  • Ability to assimilate and utilise new information, processes and training.
  • Effective communication skills for written and verbal reporting and the ability to present to group meetings.
  • Commitment to deliver and maintain high standards of customer satisfaction.
  • Embrace change and influence and encourage others.

Even if you don’t meet all the criteria, we encourage you to apply.

Working Hours

Monday to Friday - 37.5 hours per week, office based. Hybrid working will be considered as part of this role. You will be required to attend the office 3 days a week and the rest working from home.

Inclusion

As a Disability Confident Employer, we want to ensure that our vacancies are accessible for everyone. If you have a disability, long term health condition or are neurodiverse and need us to adjust our recruitment process please get in touch with our recruitment team.

Benefits

  • Generous Holiday Allowance: Starting from 25 days and climbing to 30, and a day off for your birthday, Christmas Eve, and New Year’s Eve. You can also buy or sell up to a week’s leave.
  • Share Save Scheme: Opportunity to buy shares in Paragon at a discounted rate.
  • Profit Related Pay: We share some of our annual profit with eligible employees.
  • Pension Plan: We contribute up to 10% of your annual salary towards your pension.
  • Family Friendly policies: Enhanced parental pay and paid time off for fertility treatment.
  • Employee Discounts: Exclusive discounts on entertainment, travel, shopping, motoring and more.
  • Volunteering Day: One volunteering day per year.
  • Life Assurance and Personal Accident Cover.

Please note, applicants must have the right to work in the UK. We do not offer visa sponsorship.

Regulatory Reporting Analyst employer: Paragon Banking Group PLC

As a Platinum Investors in People employer, Paragon Banking Group Plc offers a supportive and friendly work environment where Regulatory Reporting Analysts can thrive. With generous benefits including a climbing holiday allowance, a share save scheme, and a commitment to employee growth through training and development, this award-winning UK bank prioritises the well-being and professional advancement of its staff. Located in a vibrant area, employees enjoy a hybrid working model that promotes work-life balance while contributing to a sustainable future for customers across the UK.

Paragon Banking Group PLC

Contact Details:

Paragon Banking Group PLC Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Regulatory Reporting Analyst

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 Paragon Banking Group PLC. 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 Regulatory Reporting Analyst

Regulatory Reporting
Financial Services Experience
Analytical Skills
Effective Communication Skills
Task Prioritisation
Complex Information Presentation
Collaboration with Stakeholders

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 Paragon Banking Group PLC.

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 Paragon Banking Group PLC'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 Paragon Banking Group PLC

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 Paragon Banking Group PLC.

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 Paragon Banking Group PLC 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 Paragon Banking Group PLC 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.