At a Glance
- Tasks: Prepare and deliver regulatory reports, ensuring compliance and data integrity.
- Company: Leading financial institution in London with a strong focus on teamwork.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Collaborative culture with opportunities for career advancement.
- Why this job: Join a pivotal role in regulatory reporting and make a real impact.
- Qualifications: Knowledge of CRR/PRA rules and experience in regulatory reporting.
The predicted salary is between 40500 - 49500 £ per year.
A leading financial institution in London is seeking a Regulatory Reporting Accountant to join their Finance team.
This role offers an exciting opportunity for you to play a pivotal part in the production and delivery of regulatory reports at both bank and consolidated levels, ensuring compliance with domestic regulators and supporting the parent bank.
Are you the right candidate for this opportunity Make sure to read the full description below.
What you'll do
- Prepare and deliver regulatory reports at both Bank-only and Consolidated levels using data collected from core banking systems and group company sources according to the regulatory timetable.
- Contribute to the maintenance of technical documentation supporting regulatory interpretations and judgements, ensuring clarity and accuracy throughout.
- Maintain effective relationships with key stakeholders such as the wider Finance team, Prudential Risk, Treasury, Credit, IT, and Mortgage Operations by sharing information openly and co-operatively.
- Present regulatory returns to senior management for review and constructive feedback, ensuring all submissions meet internal standards before external submission.
- Perform source data reconciliations diligently, resolving identified breaks promptly to ensure data integrity across all returns.
- Maintain key control checks across regulatory returns, regularly reviewing their appropriateness and addressing any discrepancies or issues as they arise.
- Ensure process playbooks remain current and are followed rigorously with clear evidence of four-eyes reviews for quality assurance.
- Monitor compliance with external risk limits as well as internal management actions and KRI triggers, providing timely updates to relevant stakeholders.
- Manage change effectively within the regulatory function by communicating necessary process or procedure changes to the business in a timely manner.
- Document operational processes related to regulatory reporting software thoroughly, adhering strictly to established flows and procedures.
What you bring
- Appropriate knowledge of requirements instituted through CRR/PRA rulebook, Bank of England guidelines, and Basel 3.1 regulations is essential for success in this role. xgikmsk
- Proven experience responding professionally to regulator enquiries as well as those from senior management is highly valued.
Regulatory Reporting Accountant employer: Robert Walters Careers
Join a leading organisation in Walsall that values its employees and fosters a collaborative work culture. As a Group Financial Controller, you will benefit from competitive salary packages, opportunities for professional development, and the chance to make a significant impact on the company's financial strategy. With a commitment to compliance and efficiency, this role offers a rewarding environment where your expertise will be recognised and appreciated.
StudySmarter Expert Advice🤫
We think this is how you could land Regulatory Reporting Accountant
✨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 Robert Walters Careers. 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 Accountant
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 Robert Walters Careers.
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 Robert Walters Careers'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 Robert Walters Careers
✨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 Robert Walters Careers.
✨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 Robert Walters Careers 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 Robert Walters Careers 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.
