Job Description

An innovative digital challenger bank client of ours has asked us to find them a regulatory reporting accountant to join their expanding finance function.

Role Description

• Assist with the preparation and submission of the Bank’s entire suite of regulatory reports to the regulators
• Contribute to the interpretation and application of regulation, largely CRD IV/CRR in the UK
• Support Regulatory Reporting Manager on ad hoc reporting issues
• Assist with the production of high-level recurring and ad-hoc papers and reports to support the Bank’s regulatory reporting requirements with the PRA, FCA and Bank of England
• Gather, analyse and interrogate information, identify and track issues, and determine/address themes arising from regulators, and the Compliance exception reporting processes
• Maintain regular contact with the Finance, Compliance and Treasury functions to ensure that the necessary exchange of information on regulatory reporting matters is effective
• Ensure that all regulatory returns submitted to regulators are consistent, accurate and meet the requirements established by the regulators
• Ability to identify issues and use initiative to find solutions, including resolving technical issues and implementing regulatory changes
• Assist with the provision of timely Management Information to senior management to understand the key regulatory, financial and regulatory capital drivers
• Assist with the monitoring of the Large Exposure and Capital Adequacy reporting limits to avoid any breaches of UK regulatory constraints
• Assist with the development and maintenance of a strong control environment including procedures and processes
• Responsible for user acceptance testing of regulatory reporting software upgrades and investigating discrepancies
• To abide by all financial crime related policies, procedures and reporting obligations applicable to their job
• Working with internal auditors
• Ability to read guidance, interpret and develop reporting to meet new and emerging regulation

Role Requirements

• Be a newly qualified accountant (ACA, ACCA, CIMA ACT)
• Be familiar with the various COREP templates and FINREP templates
• Have a working knowledge in calculating capital requirements around market, credit and operational risk

Required Knowledge, Skills, and Abilities

• Be a newly qualified accountant (ACA, ACCA, CIMA ACT) • Be familiar with the various COREP templates and FINREP templates • Have a working knowledge in calculating capital requirements around market, credit and operational risk