Finance Director - Financial Control and External Reporting

Bank of London; Greater London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading UK clearing bank is looking for an experienced finance professional to oversee financial reporting and manage treasury risks. The role involves producing monthly accounts, regulatory reporting, and leading a high-performing team. Ideal candidates have substantial banking experience and are qualified accountants with strong IFRS knowledge. This position is based in Greater London, offering competitive compensation and a commitment to diversity and inclusion.

Qualifications

• Substantial post-qualification experience in banking.
• Proven experience producing bank accounts under UK IFRS.
• Hands-on leadership of month-end and year-end cycles.
• Experience managing treasury risk oversight.
• Ownership of regulatory returns to the PRA.
• Experience authoring ICAAP and ILAAP.

Responsibilities

• Accountable for the production and signoff of monthly accounts.
• Set the strategy and own the month-end close.
• Lead preparation of annual statutory financial statements.
• Oversee consolidation and multi-entity accounting.
• Maintain and enhance the financial control framework.
• Ensure high-quality PRA regulatory reporting.

Skills

Expert knowledge of IFRS

Strong understanding of prudential metrics

Data-driven mindset

Process automation

Clear communication skills

Stakeholder leadership

Education

Qualified accountant (ACA/ACCA/CIMA or equivalent)

Job description

Bank of London is one of only six UK clearing banks with direct access to the country's payment systems. Built on modern, cloud‑native technology, we provide businesses with secure, API‑driven banking that's fast, compliant, and built for growth. Our role is simple: help ambitious businesses turn their plans into reality by removing barriers and simplifying complexity. If you want to work where technology meets banking, where security comes first, and where your work directly enables business ambition, you're in the right place.

Direct responsibilities

• Financial reporting – accountable for the production and signoff of monthly accounts
• Treasury – accountable for the management of funding, liquidity, interest rate risk, and FX risks
• Regulatory reporting – accountable for delivery of regulatory returns to the PRA

Key responsibilities

• Set the strategy and own the month‑end close across legal entities, accelerating toward a faster, more automated close while ensuring timely, accurate management accounts and decision‑ready insights
• Lead preparation of annual statutory financial statements under UK IFRS for bank and consolidating group, coordinating external audit end‑to‑end
• Oversee consolidation, inter‑company, multi‑entity and multi‑currency accounting, with robust reconciliations and journals governance
• Maintain and enhance the financial control framework, policies, and SOX‑style control activities with clear ownership and testing cadence
• Treasury leadership: set and oversee frameworks for funding strategy, liquidity management, IRRBB and FX risk; ensure effective ALCO reporting and limit monitoring
• Ensure high‑quality, timely PRA regulatory reporting across capital, liquidity, and statistical returns; drive readiness for regulatory change
• Chair or contribute to governance forums as delegated by the CFO, including ALCO inputs, model governance, and change approval boards
• Own the finance data model and chart of accounts integrity in partnership with Technology; drive automation and close acceleration
• Sponsor finance systems improvements and implementations across GL, sub‑ledgers, treasury, and reporting tooling; ensure robust controls by design
• Lead ICAAP and ILAAP drafting and updates with Risk, including scenario design, stress testing methodology, management actions, and readiness for Basel 3.1 / CRR3
• Build collaborative relationships with regulators, internal audit, external audit, and key vendors; ensure proactive issue management and remediation
• Develop a high‑performing, distributed team culture with clear goals, coaching, and succession planning

Experience and qualifications

• Qualified accountant (ACA/ACCA/CIMA or equivalent) with substantial post‑qualification experience in banking
• Proven experience producing bank and consolidating group accounts under UK IFRS and leading external audits
• Hands‑on leadership of month‑end and year‑end cycles in a regulated financial services firm
• Track record managing treasury risk oversight across funding, liquidity, interest rate, and FX risk
• Ownership of regulatory returns to the PRA and familiarity with evolving prudential requirements
• Experience authoring ICAAP and ILAAP, including readiness for Basel 3.1 / CRR3, and running stress test modelling and analysis with clear interpretation for senior forums
• Demonstrated delivery of finance systems change and automation in partnership with IT (e.g., GL, consolidation, treasury, reporting)

Skills

• Expert knowledge of IFRS, consolidation, multi‑entity and multi‑currency close
• Strong understanding of prudential metrics and reporting expectations (capital and liquidity)
• Data‑driven mindset with comfort in tooling for reconciliations, analytics, and dashboards
• Proven track record of process automation would be beneficial, with any exposure to AI viewed positively
• Clear, concise communicator able to brief Boards, Regulators, and Executives
• Stakeholder leadership across Risk, Product, Technology, and Audit with strong negotiation and issue resolution

The ideal candidate will demonstrate

• Clean external audit outcomes and timely statutory reporting
• Improved close timelines and automation of manual processes
• Evidenced effectiveness of the control environment and remediation of issues to planOn‑time, accurate month‑end and PRA submissions with zero material findings
• High engagement and retention across team

Diversity

Bank of London is an equal opportunity employer committed to inclusion, diversity and belonging. All qualified applicants are welcome and will receive consideration for employment without regard to race, colour, age, religion or religious expression, sex, sexual orientation, gender or gender identity and expression, transgender, national origin, or military veteran status.