At a Glance
- Tasks: Lead regulatory reporting processes and ensure compliance with capital and liquidity requirements.
- Company: Join Wise, a global tech company revolutionising money management.
- Benefits: Competitive salary, inclusive culture, and opportunities for career progression.
- Other info: Collaborative environment with a focus on personal and professional growth.
- Why this job: Make a real impact on financial systems while working with innovative technology.
- Qualifications: Experience in regulatory reporting and strong analytical skills required.
The predicted salary is between 61408 - 80000 £ per year.
Wise is a global technology company, building the best way to move and manage the world’s money. Whether people and businesses are sending money to another country, spending abroad, or making and receiving international payments, Wise is on a mission to make their lives easier and save them money.
We are seeking a highly skilled and detail-oriented Prudential Regulatory Reporting Manager to take end-to-end ownership of our prudential regulatory reporting processes. In this critical role, you will be the primary driver behind our capital and liquidity returns, ensuring accuracy, compliance, and process efficiency.
- Assume full ownership of the regulatory reporting lifecycle, with a heavy focus on prudential reporting, including capital adequacy and liquidity returns.
- Rigorously review and challenge the output of all prudential regulatory reports. Provide high-quality, insightful commentaries on variances, trends, capital, and liquidity positions for senior management.
- Monitor new prudential regulatory changes. Successfully translate these updates into practical, actionable data and system changes within our reporting framework.
- Collaborate effectively across Risk, Compliance, Finance, and IT to ensure data sources are perfectly aligned with regulatory requirements.
- Partner closely with external software providers and Data Engineering and Analytics teams to drive strategic development and enhancements to our reporting platforms and tools.
- Oversee and execute detailed data mapping exercises. Guide Extract, Transform, and Load (ETL) processes to ensure data flowing into the reporting systems is accurate, scalable, and fit for purpose.
- Act as the subject matter expert on reporting infrastructure projects. Manage testing phases (including User Acceptance Testing / UAT), validate outputs, and ensure seamless deployment of system updates.
- Develop and maintain rigorous documentation covering data dictionaries, system workflows, and operational procedures. Design and implement robust control environments to mitigate reporting risks.
Proven experience in a prudential regulatory reporting role within an FCA-regulated MIFIDPRU investment firm or a PRA-regulated Banking institution.
Proven track record in reporting system development and enhancements, with strong knowledge of data mapping, ETL processes, and UAT methodologies.
Strong ability to project manage infrastructure upgrades or vendor implementations, ensuring milestones, documentation, and testing requirements are met.
Excellent analytical and problem-solving skills, with the ability to interrogate large datasets, challenge outputs, and distill complex financial data into actionable management commentaries.
Strong written and verbal communication skills, able to explain complex regulatory nuances to non-technical stakeholders and external vendors.
A recognized professional accounting or finance qualification (e.g., ACA, ACCA, CIMA, CFA) is highly desirable.
SQL/ Python or other programming language experience would be a bonus.
We're people building money without borders — without judgement or prejudice, too. Inclusive teams help us live our values and make sure every Wiser feels respected, empowered to contribute towards our mission and able to progress in their careers.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Regulatory Reporting Manager in London
✨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 Wise. 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 Senior Regulatory Reporting Manager in London
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 Wise.
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 Wise'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 Wise
✨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 Wise.
✨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 Wise 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 Wise 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.
