Regulatory Reporting Accountant - #2130428

A leading financial institution in London is seeking a Regulatory Reporting Accountant to join their Finance team. This role offers an exciting opportunity for you to play a pivotal part in the production and delivery of regulatory reports at both bank and consolidated levels, ensuring compliance with domestic regulators and supporting the parent bank.

What you'll do:

• Prepare and deliver regulatory reports at both Bank-only and Consolidated levels using data collected from core banking systems and group company sources according to the regulatory timetable.
• Contribute to the maintenance of technical documentation supporting regulatory interpretations and judgements, ensuring clarity and accuracy throughout.
• Maintain effective relationships with key stakeholders such as the wider Finance team, Prudential Risk, Treasury, Credit, IT, and Mortgage Operations by sharing information openly and co-operatively.
• Present regulatory returns to senior management for review and constructive feedback, ensuring all submissions meet internal standards before external submission.
• Perform source data reconciliations diligently, resolving identified breaks promptly to ensure data integrity across all returns.
• Maintain key control checks across regulatory returns, regularly reviewing their appropriateness and addressing any discrepancies or issues as they arise.
• Ensure process playbooks remain current and are followed rigorously with clear evidence of four-eyes reviews for quality assurance.
• Monitor compliance with external risk limits as well as internal management actions and KRI triggers, providing timely updates to relevant stakeholders.
• Manage change effectively within the regulatory function by communicating necessary process or procedure changes to the business in a timely manner.
• Document operational processes related to regulatory reporting software thoroughly, adhering strictly to established flows and procedures.

What you bring:

• Appropriate knowledge of requirements instituted through CRR/PRA rulebook, Bank of England guidelines, and Basel 3.1 regulations is essential for success in this role.
• Proven experience responding professionally to regulator enquiries as well as those from senior management is highly valued.
• Demonstrated ability liaising effectively with other stakeholders such as IT teams and Risk professionals is required.
• Solid accounting background combined with strong balance sheet knowledge enables you to deliver accurate reports consistently.
• Comfortable working collaboratively under tight deadlines while maintaining high standards of accuracy across all tasks.
• Familiarity with Vermeg/Regnology regulatory reporting applications is advantageous but not mandatory; willingness to learn new systems is appreciated.
• Excellent communication skills allow you to share information clearly with peers internally as well as externally with regulators like PRA or Bank of England.
• Experience preparing daily dashboards including LCRs (Liquidity Coverage Ratios), Capital ratios, Large Exposures reports, and weekly PRA110 LMM submissions demonstrates your technical proficiency.
• Ability to document operational processes thoroughly ensures adherence to established flows within regulatory reporting software solutions.
• Commitment to acting in good faith towards customers by monitoring outcomes as per FCA Consumer Duty regulations reflects your responsible approach.

Apply today by clicking on the link provided

Robert Walters Operations Limited is an employment business and employment agency and welcomes applications from all candidates