At a Glance
- Tasks: Validate regulatory reporting data and prepare essential reports for regulators.
- Company: Join an international bank in the heart of London, shaping financial futures.
- Benefits: Enjoy a permanent role with a competitive salary and office-based work environment.
- Why this job: Be part of a dynamic team, enhancing your skills in a reputable banking institution.
- Qualifications: 3-5 years of regulatory reporting experience in banking is essential.
- Other info: Office-based role, requiring EU work permit.
The predicted salary is between 36000 - 60000 £ per year.
Location: London, United Kingdom
Job Category: Other - EU work permit required: Yes
Job Reference: 470fff856824
Job Views: 10
Posted: 26.04.2025
Expiry Date: 10.06.2025
City of London
Permanent/Office based 5 days p/week
cer Financial are working alongside an international bank based in the City of London. They are looking for a Management Accounting and Regulatory Reporting Officer to work with them on a permanent basis who will be office based 5 days per week.
The responsibilities of a Management Accounting and Regulatory Reporting Officer will include:
- Undertake completeness, accuracy and validity of regulatory reporting data quality by independently validating various Regulatory Reporting processes and controls from transaction capture through to final regulator reporting.
- Validating transaction capture through regulatory reporting processes and assessing the internal control environment by conducting walkthroughs and performing control and sample data testing.
- Preparation of Regulatory Returns: COREP, FINREP including LE and LR, LCR, NSFR, PRA 110, ALMM, FSA 17, etc.
- Preparation of Monthly MIS including risk dashboard on capital adequacy, NSFR & LCR.
- Assistance in preparation and updating of ILAAP, ICAAP and RRP.
- Preparation of daily monitoring reports and forecast.
- Review and validate regulatory reports before sending to regulators.
- Assist in month-end process, MIS and group reporting.
- Miscellaneous tasks as required by FC and CFO.
The successful Management Accounting and Regulatory Reporting Officer will have:
- Three to five years’ experience of Regulatory reporting in Bank.
- Extensive knowledge of banking regulatory frameworks and financial/regulatory reporting.
- Sound knowledge of liquidity, COREPs, FINREPs and capital reporting.
- Knowledge of Financial Reporting including MIS.
- Positive attitude, strong interpersonal skills and excellent written and oral communication skills.
Management Accounting and Regulatory Reporting Officer employer: TN United Kingdom
Contact Detail:
TN United Kingdom Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Management Accounting and Regulatory Reporting Officer
✨Tip Number 1
Network with professionals in the banking and finance sector, especially those who have experience in regulatory reporting. Attend industry events or webinars to connect with potential colleagues and learn more about the role.
✨Tip Number 2
Familiarise yourself with the specific regulatory frameworks mentioned in the job description, such as COREP and FINREP. This knowledge will not only boost your confidence but also demonstrate your commitment to the role during interviews.
✨Tip Number 3
Prepare for potential interview questions by reviewing common scenarios related to regulatory reporting processes. Think about how you would handle data validation and internal control assessments, as these are key responsibilities of the role.
✨Tip Number 4
Showcase your interpersonal skills by preparing examples of how you've effectively communicated complex financial information in previous roles. This will highlight your ability to work collaboratively within a team and with stakeholders.
We think you need these skills to ace Management Accounting and Regulatory Reporting Officer
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in management accounting and regulatory reporting. Focus on your three to five years of experience in regulatory reporting within a bank, and emphasise your knowledge of banking regulatory frameworks.
Craft a Strong Cover Letter: Write a cover letter that specifically addresses the responsibilities mentioned in the job description. Discuss your experience with COREP, FINREP, and other regulatory returns, and how you can contribute to the team.
Showcase Your Skills: In your application, highlight your strong interpersonal skills and excellent written and oral communication abilities. Provide examples of how you've successfully communicated complex regulatory information in previous roles.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. A polished application reflects your attention to detail, which is crucial for a role involving regulatory reporting.
How to prepare for a job interview at TN United Kingdom
✨Know Your Regulatory Frameworks
Make sure you brush up on your knowledge of banking regulatory frameworks. Be prepared to discuss specific regulations like COREP and FINREP, as well as how they impact financial reporting. This will show that you understand the complexities of the role.
✨Demonstrate Your Analytical Skills
Since the role involves validating data quality and conducting control testing, be ready to share examples of how you've successfully analysed data in previous positions. Highlight any experience with preparing regulatory returns or monthly management information systems (MIS).
✨Showcase Your Communication Skills
Strong written and oral communication skills are essential for this position. Prepare to discuss how you've effectively communicated complex regulatory information to stakeholders in the past. Consider bringing examples of reports or presentations you've created.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities. Think about situations where you had to validate data or improve processes. Be ready to explain your thought process and the outcomes of your actions.