Regulatory Reporting Accountant - London, United Kingdom - Accountancy Action

Tom O´Connor

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Description

Our client, an SME Bank that specialises in Asset finance is looking to grow their Regulatory Reporting department due to recent growth demands.


The Financial Reporting team sits within the Finance team and is responsible for all Board and regulatory reporting, as well as providing technical accounting guidance to the business.


This role has end to end responsibility to support Bank reporting including the required regulatory returns to the FCA/PRA following bank and regulatory approved processes, as well as a number of ad hoc and statistical reporting.

All preparation, verificationand commentary will be prepared on a monthly/quarterly, annual basis to be approved by the Director of Reporting/Director of Treasury/CFO before submission.

As the Bank grows, the role holder will be expected to challenge the existing processes and seek improvementsthrough automation or different methods to ensure accuracy and seek time efficiencies.


Responsibilities:


  • Support the regulatory reporting manager in all regulatory reporting including (but not limited to): o COREP (COR001, COR002, COR005, COR011, COR012, COR017) o FINREP o MLAR o Bank of England Reporting (PRA110, BT, ELS)
  • Completion of the above on both a solo and consolidated level
  • Timely and accurate submissions of the above reports including analytical reviews and variance analysis for sign off by senior stakeholders
  • Support the completion of procedure manuals in relation to the above reports to ensure they are up to date, accurate and consistent across all entities
  • Keep up to date with any changes in reporting requirements and inform/work with the business teams to ensure regulatory reporting remains accurate
  • Strong knowledge of MS Word, Excel and PowerPoint

Requirements:


  • Part Qualified or Qualified Accountant, ACA/ACCA or equivalent
  • Demonstrable experience in relevant accounting roles
  • Experience in financial services either from practice or within the industry
  • Strong IT skills (especially Microsoft Office)
  • Ability to communicate professionally across varied stakeholders
  • Proactive and inquisitive nature
  • Confidence to challenge existing processes and procedures

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