Regulatory Reporting Analyst - Banking

Additional Resources Ltd.; Greater London; On-site; GBP 75,000 - 85,000; Full time

Job summary

Additional Resources Ltd. is seeking a Regulatory Reporting Analyst to join our finance and regulatory reporting team, delivering regulatory returns and data validation across a global client base.

You will support COREP reporting, data transformation, UAT, and reporting controls, working closely with Finance, Technology and project teams to improve processes and automation in a dynamic banking environment.

Qualifications

• Some experience or understanding of regulatory reporting within banking or financial services.
• A professional background in banking finance, regulatory change, finance transformation, data analysis or a closely related field.
• Strong Excel skills with the ability to analyse, reconcile and validate data.
• Experience of investigating discrepancies and identifying data-quality issues.
• The ability to work effectively with Finance, Technology and project stakeholders.
• A proactive approach to learning and developing knowledge of regulatory reporting processes.

Responsibilities

• Assisting with the preparation, checking and validation of regulatory returns and supporting data.
• Supporting COREP reporting, including areas covering capital and liquidity where required.
• Contributing to regulatory reporting automation and system improvement initiatives.
• Carrying out User Acceptance Testing (UAT) on regulatory reporting outputs.
• Comparing automated results with existing reporting processes and investigating discrepancies.
• Analysing and reconciling data using Excel and relevant reporting systems.
• Investigating data-quality issues, variances and reporting anomalies.
• Supporting the development and testing of reporting controls.
• Assisting with regulatory rules mapping, data preparation and transformation.
• Supporting Single Customer View (SCV), FSCS and PRA Depositor Protection activities when required.
• Working with Finance, Technology and project teams to resolve reporting and data-related issues.
• Contributing to improvements in regulatory reporting processes and automation.

Skills

Regulatory reporting

Data analysis

Excel proficiency

Stakeholder management

Problem solving

Learning mindset

Education

Accounting qualification (in progress)

Tools

SQL

Job description

An opportunity has arisen for a Regulatory Reporting Analyst to join finance and regulatory reporting team within a leading foreign bank, providing a wide range of services to both private and corporate clients across the globe.

As a Regulatory Reporting Analyst, you will support regulatory reporting, data validation, automation, testing and reporting controls across the Finance function.

This is an office-based fixed term contract role (3-6 months) offering salary range of £75,000 - £85,000 and benefits.

You will be responsible for:

• Assisting with the preparation, checking and validation of regulatory returns and supporting data.
• Supporting COREP reporting, including areas covering capital and liquidity where required.
• Contributing to regulatory reporting automation and system improvement initiatives.
• Carrying out User Acceptance Testing (UAT) on regulatory reporting outputs.
• Comparing automated results with existing reporting processes and investigating discrepancies.
• Analysing and reconciling data using Excel and relevant reporting systems.
• Investigating data-quality issues, variances and reporting anomalies.
• Supporting the development and testing of reporting controls.
• Assisting with regulatory rules mapping, data preparation and transformation.
• Supporting Single Customer View (SCV), FSCS and PRA Depositor Protection activities when required.
• Working with Finance, Technology and project teams to resolve reporting and data-related issues.
• Contributing to improvements in regulatory reporting processes and automation.

The candidates from the following background will be considered:

• Regulatory Reporting Analyst, Regulatory Reporting Specialist, Regulatory Reporting Officer, Regulatory Data Analyst, Regulatory Reporting Accountant, Regulatory Reporting Associate or similar

What we are looking for:

Essential:

• Some experience or understanding of regulatory reporting within banking or financial services.
• A professional background in banking finance, regulatory change, finance transformation, data analysis or a closely related field.
• Strong Excel skills with the ability to analyse, reconcile and validate data.
• Experience of investigating discrepancies and identifying data-quality issues.
• The ability to work effectively with Finance, Technology and project stakeholders.
• A proactive approach to learning and developing knowledge of regulatory reporting processes.

Desirable:

• SQL knowledge.
• Exposure to SCV, FSCS or Depositor Protection.
• Exposure to COREP, FINREP, liquidity or other regulatory returns
• Experience of UAT, testing, data validation, reporting automation or system enhancements.
• Familiarity with RegData or BEEDS would be useful, with training available where required.
• An accounting qualification, or progress towards one.

Important Information:

We endeavour to process your personal data in a fair and transparent manner.

This is an excellent opportunity for a Regulatory Reporting Analyst to broaden their experience across a varied regulatory environment and further develop their career.