Regulatory Accountant - 12 month contract

Randstad; London; On-site; GBP 50,000 - 90,000; Full time

Job summary

An established industry player is seeking a Regulatory Accountant for a 12-month contract in London. This role is pivotal in ensuring compliance with regulatory requirements, including the production and review of critical reports such as Capital Adequacy and Leverage Ratio. You'll lead efforts in enhancing controls and optimizing reporting processes, contributing to a strong regulatory framework. Ideal candidates will bring over five years of experience in regulatory reporting and a solid understanding of Basel III regulations. Join a dynamic team where your expertise will shape the future of regulatory compliance in a collaborative environment.

Qualifications

• 5+ years in reporting or control environment with regulatory reporting experience.
• Strong understanding of Basel III and CRD V regulations.

Responsibilities

• Lead daily production and review of regulatory reports.
• Enhance controls and streamline regulatory processes.

Skills

Regulatory Reporting

COREP

ICAAP

Pillar 3 Reporting

People Management

Capital Markets Knowledge

Regulatory Change Management

Education

Finance Qualification (ACA/CIMA/ACCA/CFA)

Tools

Regulatory Reporting Software (Axiom)

Job description

Regulatory Accountant - 12 month contract

Responsible for production and conduct first level review daily (Capital Adequacy, Large Exposures and Leverage Ratio) and supervisory returns (PRA/BOE/Others).

Experience of preparation of internal MI including commentaries for various internal Committee packs.

Take lead in release testing and proactive in optimising tools to enhance controls / streamline existing processes.

Active participation in enhancing controls related to regulatory processes requiring good knowledge of COREP and Balance Sheet.

Ability to assist in and assist in validation of key regulatory interpretations.

Assist with maintaining internal regulatory documents, policies and EUC's.

Support in the production of Pillar 3 documents and ICAAP stress testing.

Assist in creating and ensuring the team adheres to UK Regulatory Reporting internal policies.

PRIMARY RESPONSIBILITIES

• Responsible for production and conduct first level review daily (Capital Adequacy, Large Exposures and Leverage Ratio) and supervisory returns (PRA/BOE/Others).
• Experience of preparation of internal MI including commentaries for various internal Committee packs.
• Take lead in release testing and proactive in optimising tools to enhance controls / streamline existing processes.
• Active participation in enhancing controls related to regulatory processes requiring good knowledge of COREP and Balance Sheet.
• Ability to assist in and assist in validation of key regulatory interpretations.
• Assist with maintaining internal regulatory documents, policies and EUC's.
• Support in the production of Pillar 3 documents and ICAAP stress testing.
• Assist in creating and ensuring the team adheres to UK Regulatory Reporting internal policies.

Required

• 5+ years' experience of working in a reporting or control environment and experience of regulatory reporting requirements
• Experiences with COREP, ICAAP and Pillar 3 reporting
• Experience in dealing with regulatory change and enhancement projects
• Knowledge of Capital Markets products notably: Securities, SFT's and derivatives
• Strong understanding of regulatory rules Basel III, CRD V
• Experience in people management, including junior and more experienced staff.

Nice-to-have Skills/Experience and/or Education, certifications, qualifications, designations:

• Finance qualification (ACA/CIMA/ACCA/CFA) will be beneficial to this role because of the focus on creating a strong control environment
• Use of Regulatory Reporting Software (Axiom)

Randstad Financial & Professional encourage applications from individuals of all ages & backgrounds. Appointment will be made on merit alone but candidates must be able to demonstrate their ability to work in the UK. Randstad Financial & Professional acts as an employment agency for permanent recruitment & an employment business for temporary recruitment as defined by the Conduct of Employment Agencies & Employment Business Regulations 2003.