At a Glance
- Tasks: Join our team to manage regulatory capital reporting and enhance control frameworks.
- Company: Randstad Financial & Professional is a leading recruitment agency with a focus on finance and professional services.
- Benefits: Enjoy flexible working options and opportunities for professional development.
- Why this job: Be part of a dynamic team making a real impact in regulatory compliance and financial reporting.
- Qualifications: 5+ years in reporting or control environments, with knowledge of COREP and regulatory requirements.
- Other info: We welcome applicants from diverse backgrounds and value merit-based appointments.
The predicted salary is between 43200 - 72000 £ per year.
POSITION PURPOSE: This role is to cover all aspects of regulatory capital and leverage monitoring and reporting under CRD V / PRA using Axiom and existing reporting tools to build and enhance a robust control framework as well as to assist with more junior members of the team. The incumbent will be a member of the Regulatory Reporting team and will be primarily in charge of helping to co-ordinate and run the production of the daily capital reporting, quarterly COREP reporting associated controls and governance and other ad hoc reporting deliverables.
PRIMARY RESPONSIBILITIES
- Responsible for production and conduct first level review daily (Capital Adequacy, Large Exposures and Leverage Ratio) and supervisory returns (PRA/BOE/Others).
- Experience of preparation of internal MI including commentaries for various internal Committee packs.
- Take lead in release testing and proactive in optimising tools to enhance controls / streamline existing processes.
- Active participation in enhancing controls related to regulatory processes requiring good knowledge of COREP and Balance Sheet.
- Ability to assist in and assist in validation of key regulatory interpretations.
- Assist with maintaining internal regulatory documents, policies and EUCs.
- Support in the production of Pillar 3 documents and ICAAP stress testing.
Required
- 5+ years' experience of working in a reporting or control environment and experience of regulatory reporting requirements.
- Experience with COREP, ICAAP and Pillar 3 reporting.
- Experience in dealing with regulatory change and enhancement projects.
- Knowledge of Capital Markets products notably: Securities, SFTs and derivatives.
- Strong understanding of regulatory rules Basel III, CRD V.
- Experience in people management, including junior and more experienced staff.
Preferred
- Finance qualification (ACA/CIMA/ACCA/CFA) will be beneficial to this role because of the focus on creating a strong control environment.
- Use of Regulatory Reporting Software (Axiom).
- Assist in creating and ensuring the team adheres to UK Regulatory Reporting internal policies.
Randstad Financial & Professional encourage applications from individuals of all ages & backgrounds. Appointment will be made on merit alone but candidates must be able to demonstrate their ability to work in the UK. Randstad Financial & Professional acts as an employment agency for permanent recruitment & an employment business for temporary recruitment as defined by the Conduct of Employment Agencies & Employment Business Regulations 2003.
Contact Detail:
Randstad Financial & Professional Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Regulatory Reporting (contract\\) - Randstad Financial & Professional
✨Tip Number 1
Familiarise yourself with the specific regulatory frameworks mentioned in the job description, such as CRD V and Basel III. Understanding these regulations will not only help you during interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the regulatory reporting field, especially those who have experience with COREP and ICAAP. Engaging in conversations can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Showcase your experience with regulatory reporting software like Axiom. If you have used similar tools, be prepared to discuss how you optimised processes or enhanced controls in your previous roles.
✨Tip Number 4
Prepare to discuss your experience in managing teams, particularly in a regulatory context. Highlight any mentoring or leadership roles you've had, as this is a key aspect of the position.
We think you need these skills to ace Regulatory Reporting (contract\\) - Randstad Financial & Professional
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in regulatory reporting, particularly with COREP, ICAAP, and Pillar 3. Use specific examples to demonstrate your understanding of regulatory frameworks like Basel III and CRD V.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and how your background aligns with the responsibilities outlined in the job description. Mention your experience in managing teams and enhancing controls, as well as your familiarity with Axiom software.
Showcase Relevant Skills: Emphasise your analytical skills and attention to detail, especially in relation to capital adequacy and leverage ratio reporting. Highlight any experience you have in preparing internal management information and commentaries for committee packs.
Proofread Your Application: Before submitting, carefully proofread your application materials for any errors or inconsistencies. 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 Randstad Financial & Professional
✨Know Your Regulatory Framework
Familiarise yourself with CRD V, PRA, and Basel III regulations. Be prepared to discuss how these frameworks impact regulatory reporting and capital adequacy, as this knowledge will demonstrate your expertise in the field.
✨Showcase Your Technical Skills
Highlight your experience with Axiom and other reporting tools during the interview. Be ready to provide examples of how you've used these tools to enhance controls or streamline processes in previous roles.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills in regulatory reporting scenarios. Think of specific instances where you dealt with regulatory changes or enhanced reporting processes, and be ready to explain your approach and outcomes.
✨Demonstrate Leadership and Teamwork
Since the role involves assisting junior team members, be prepared to discuss your experience in people management. Share examples of how you've mentored others and contributed to a collaborative team environment.