Finance Regulatory Reporting Accountant

National Association of Mutual Insurance Companies; London; On-site; GBP 50,000 - 80,000; Full time

Job summary

A leading financial services organization seeks a finance professional to oversee regulatory reporting and metrics production. This role involves collaboration across teams, ensuring accuracy in reporting, and requires a solid understanding of UK CRR regulations. You will be part of a dynamic team committed to excellence and continuous improvement.

Benefits

Diverse and inclusive work environment

Opportunities to engage in community service

Career development and training programs

Qualifications

• Detailed knowledge of UK CRR - Liquidity, Solvency, and FINREP.
• Strong accounting knowledge and understanding of regulatory impacts.
• High level of autonomy expected and ability to work in an international environment.

Responsibilities

• Responsible for production, review, analysis, and certification of prudential metrics.
• Monitor metrics against Early Warning Indicators and report findings.
• Contribute to ad-hoc requests and ensure data quality governance.

Skills

Accounting knowledge

Communication skills

Balance sheet modelling

Regulatory knowledge (UK CRR)

Job description

Responsibilities

Introduction to Role

The UK Finance Division (DFIN) is responsible for:

• Steering the financial and budgetary strategy of SGIL and SG London Branch, including investment and development policies;
• Managing scarce resources (liquidity and capital) and regulatory reporting to the PRA for SGIL;
• Measuring and analyzing the profitability of activities across clients, businesses, and geographies, and resource utilization;
• Certifying accounts, ensuring accounting quality, valuation methods, and compliance with regulations;
• Providing expertise on accounting standards, taxation, resource management, and regulation.

Societe Generale International Ltd ('SGIL') is a Designated Investment Firm, dual regulated by the PRA and FCA, and subject to UK CRR Prudential reporting requirements. This role supports SGIL in the UK. SGIL is a wholly owned subsidiary of SG SA, integrated into the Global Markets Division ('MARK').

Key Purposes of Role

• This role involves producing Prudential Regulatory Metrics under UK CRR, covering Liquidity, Capital, Large Exposures, Leverage, and FINREP reporting.
• Responsible for the production, review, analysis, and certification of prudential metrics, with oversight of reports produced by the Bucharest team.
• Ensuring process accuracy, data quality, and validation before submission.
• Investigating issues, ensuring control frameworks, and providing cross-team coverage for regulatory metrics.

Key Responsibilities

• Production, review, and certification of prudential metrics, including oversight of Bucharest team outputs.
• Maintaining up-to-date process and methodological documentation.
• Addressing data quality issues through governance processes.
• Monitoring metrics against Early Warning Indicators and reporting on Risk Appetite.
• Producing reports for SG Group on Solvency and Liquidity metrics, with validation and certification.
• Handling ad-hoc requests and continuous process improvements, leveraging automation.
• Generating monthly and quarterly reports for coordination with Group.
• Providing inputs for ICAAP, ILAAP, and Recovery & Resolution Planning.
• Collaborating with Asset & Liability and Treasury teams on solvency and liquidity management.
• Supporting regulatory change implementation and project work.
• Performing simulations of new product impacts.

Profile required

• Deep knowledge of UK CRR regulations: Liquidity, Solvency, FINREP.
• Strong skills in balance sheet modeling and linking business products to regulatory metrics.
• Good accounting knowledge.
• Excellent communication skills and team relationship abilities.
• Proficiency in English, with international communication experience.
• High autonomy after an initial learning period.

Why join us

We are committed to diversity and equal opportunity. All qualified applicants are considered regardless of race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

Business insight

At Société Générale, we believe people drive change. We foster an environment of innovation, daring, and action. Join us to grow professionally and make a positive impact. We also support employee involvement in solidarity actions, including volunteering and community engagement.