Regulatory Reporting Officer - Meraki Talent

Jobs via eFinancialCareers; London; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player in the financial sector is seeking a Regulatory Reporting Officer to oversee the timely submission of crucial regulatory returns. This role involves managing the regulatory reporting software and ensuring compliance with regulatory requirements. You will work closely with various business lines, enhancing processes and controls while providing support to senior officers. If you have a strong background in regulatory reporting and excel in data management, this opportunity offers a dynamic environment where your contributions will be valued and impactful.

Qualifications

• 2+ years of regulatory reporting experience in a UK bank.
• Proficient in Excel with strong data handling capabilities.

Responsibilities

• Manage timely submission of monthly regulatory returns.
• Prepare quarterly regulatory submissions accurately and on time.

Skills

Regulatory Reporting Experience

Excel Proficiency

Data Handling

Macros

VLOOKUP

Pivot Tables

Conditional Formatting

Organizational Skills

Time Management

Communication Skills

Education

Qualified Accountant

Tools

WIRES System

Job description

Broad Regulatory Reporting Role

Meraki Talent are working with a prestigious Private Bank based in the West End of London for a Regulatory Reporting Officer.

Job Purpose

To manage the timely submission of the monthly regulatory returns to the PRA and manage the regulatory reporting software.

Report to the Regulatory Reporting Accountant and manage the day-to-day work and activities of the regulatory reporting department.

Accountabilities

1. Preparation of monthly ALMM returns, as well as LCR and PRA 110 for submissions to the regulators on an accurate and timely basis.
2. Preparation of Quarterly returns, i.e. FSA017 and PRA 108 submissions to the regulators on an accurate and timely basis.
3. To manage the update of WIRES system, including the production of CAB required by IT.
4. Assist with on-going system, process and control improvements.
5. Liaise with business lines including IT, Operations, Private Banking, Structured Property Finance, Treasury and Risk functions as required.
6. To provide cover for the Senior Regulatory Reporting Officer and Regulatory Reporting Accountant, as and when required.
7. Provide assistance preparing the quarterly Corep returns as well as assisting with the Pillar 3 document.
8. Any other ad-hoc work required by the CFO, Chief Accountant and the Regulatory Accountant as and when required.

Skills and Key Competencies

1. Must have regulatory reporting experience / knowledge (including capital, liquidity and COREP) having had responsibility for preparing and submitting regulatory reports in a UK bank.
2. Highly proficient in Excel and able to handle large amounts of data.
3. Competent using macros, VLOOKUP, pivot tables and conditional formatting.
4. At least 2 years’ experience in a similar role in financial services.
5. Qualified accountant desirable.
6. Strong organisational skills.
7. Good time management skills.
8. Ability to set priorities.
9. Excellent communication skills.
10. Flexibility and adaptability.