Regulatory Reporting Accountant

Job Description

Regulatory Reporting AccountantLocation: LondonSalary: £65,000 - £75,000Sector: BankingAbout the Role:Are you ready to make a significant impact in a dynamic and growing financial environment Our client is seeking a talented and driven Regulatory Reporting Accountant to join their expanding finance team. Reporting directly to the Head of Treasury & RegulatoryReporting, you will play a pivotal role in shaping and enhancing their regulatory reporting functions. This is a unique opportunity to develop your expertise and work closely with senior management, including the CFO and CRO, while contributing to the automationand accuracy of their financial systems.Key Responsibilities:Treasury Management:

• Oversee daily cash management activities, ensuring efficient fund utilization and maintaining liquidity levels.
• Prepare and distribute ALCO packs, ensuring timely delivery and accurate minute capturing.
• Generate ad-hoc treasury Management Information (MI) reports for daily monitoring and ALCO meetings.
• Collaborate with Finance, Treasury, Risk, and key stakeholders to support capital and liquidity management.
• Assist in implementing a Treasury Management System (TMS), documenting business processes, conducting user acceptance testing, and managing BAU activities.

Regulatory Reporting:

• Prepare and submit regulatory returns (PRA, FCA, BOE) ensuring accuracy and compliance with regulations.
• Maintain working files for return preparation and monitor the regulatory timetable for timely submissions.
• Work closely with Finance, Treasury, and Risk to support capital and liquidity planning and reporting.
• Develop and operate the regulatory reporting system (OneSumX) effectively.
• Document procedures and assumptions for the Regulatory function.
• Assist with reviews by second line and internal auditors, implementing recommendations as needed.
• Conduct monthly horizon scanning for regulatory changes, assessing impacts, and communicating them appropriately.
• Interface with Regulators and Internal Audit to address queries and data requests.

Year-End Reporting:

• Assist in reviewing disclosures in Annual Accounts impacting capital and liquidity.
• Aid the publication of the Bank’s Pillar 3 disclosures.

Prudential Documentation:

• Contribute to refreshing ICAAP, ILAAP, Recovery & Resolution plans, and Exit plans annually.
• Assist in producing ICAAP, ILAAP, stress testing, and cashflow modelling.

Key Skills and Experience:

• Accounting or CFA qualification (other relevant qualifications considered).
• Strong Excel skills with advanced proficiency.
• Excellent data analytical, problem-solving skills, and attention to detail.
• Knowledge of UK financial markets and regulations.
• Minimum 2 years of experience in prudential regulatory reporting for a regulated Retail Bank or Building Society.
• Some experience with Bank Treasury/Cashflow management (nice to have).
• Excellent written and verbal communication skills.
• Strong interpersonal skills and the ability to work effectively with minimal supervision.
• Willingness to challenge and improve processes and procedures.
• Ability to create an open environment and inspire contributions from others.

Why Join

• Be a part of a pioneering team in a fast-growing financial institution.
• Gain significant exposure to senior management and key stakeholders.
• Develop your expertise and become a Subject Matter Expert (SME) in regulatory reporting.
• Work in a challenging, varied, and rewarding environment