Regulatory Reporting Accountant

Trace - Expert Accountancy Recruitment; London; On-site; GBP 75,000 - 95,000; Full time

Job summary

An established industry player is looking for a skilled Regulatory Reporting Accountant to enhance their regulatory reporting function. In this pivotal role, you will produce essential regulatory reports and collaborate with various teams to improve processes. As the bank undergoes rapid growth, your expertise will contribute to key projects and the enhancement of governance frameworks. This is an excellent opportunity for a qualified accountant with a strong understanding of regulatory requirements to make a significant impact in a dynamic environment. Join a forward-thinking organization where your contributions will help shape the future of financial reporting.

Qualifications

• Experience in a regulated environment is crucial for this role.
• Knowledge of current regulations and objectives related to banking is essential.

Responsibilities

• Produce regulatory reports for PRA and FCA, including COREP and FINREP.
• Support Treasury and Risk in monitoring liquidity through enhanced MI.

Skills

Regulatory Reporting

Financial Analysis

Stakeholder Management

Documentation Skills

Education

Qualified Accountant

Job description

Job Description

We’re seeking an experienced Regulatory Reporting Accountant to bolster our clients regulatory reporting function. This role involves the production of regulatory reporting, including financial regulatory returns and regulatory capital guidance. You’ll work closely with stakeholders, the Head of Reg and other teams within the Finance function.

The Bank is experiencing rapid growth, so in addition to playing a key role in producing reports, you will be expected to roll up your sleeves and get involved in ongoing project and process improvement work.

Key duties:

1. Deliver the production of regulatory reporting to the PRA and FCA requirements, including COREP, FINREP, LCR, NSFR, ALMM, PRA110
2. Develop yourself as a subject matter expert for all things regulatory reporting
3. Responsible for NL form, Loan Assets, FSA017, PRA018, Basis Risk return, Covid19 return and BoE returns
4. Support to Treasury and Risk in the monitoring of liquidity through enhanced MI
5. Enhance the governance and control framework through improved documentation of policies, procedures, interpretations and key assumptions
6. Assist in preparing the Pillar III disclosures
7. Assist in performing detailed analysis of the accounting, regulatory capital and liquidity impact of new products

Experience Needed:

1. Previous experience in a regulated environment is key
2. Ideally, be a fully qualified accountant although not 100% essential
3. Knowledge of current regulations and what their objectives are in relation to the bank
4. Experience of developing and writing corporate documents such as ILAAP / ICAAP documents

Salaries are in the region of £75,000 - £95,000 dependant on experience + bonus & benefits.

For more information, please get in touch with Harry Coleman at Trace Recruitment.