Regulatory Reporting Accountant/Manager

Job Description

Regulatory Reporting Accountant/ManagerCity of LondonPermanent£80,000 - £85,000 pa (plus benefits)cer Financial are working alongside a bank who are based in the City of London, they are looking for a Regulatory Reporting Accountant/Manager to join them on a permanent basis. This is a newly created role supporting the Head of Finance, and managing 2regulatory reporting officers.The Responsibilities of a Regulatory Reporting Accountant/Manager Will Include:

• Manage the full suite of Regulatory reports (COREP, FINREP, PRA and BOE)
• Distribution of workflows and tasks across the Finance department to meet deliverables
• Responsibility for ensuring all regulatory reporting deadlines are met on time and to go the highest standard of accuracy and consistency, meeting all internal procedures, governance and controls.
• Taking a lead role in the project work supporting any changes across regulatory reporting developments to ensure the bank meets all existing and future requirements and is able to demonstrate clear governsnce and oversight for its regulatory reporting framework
• To demonstrate that regulatory reporting outputs are validated to the Banks internal Management Accounts or Annual Financial Statements including post month end adjustments and with any variances clearly identified and retained with internal documentationfor returns.
• To ensure accurate integration and accounting for the Banks IFRS9 reporting and ECL calculations with regulatory reporting and sharing of calculated ECLs, Staging etc for Monthly ALCO meetings.
• All regulatory reports to provide analysis and variable reviews against previous periods
• To deliver training and development of the teams Regulatory reporting officers managing their objectives and ensuring these are reviewed regularly.
• To maintain up to date knowledge in respect of the latest accounting rules / principles affecting the bank and its regulatory reporting.
• To supervise and manage other staff in the absence of the Head of Accounting & Finance
• To support and assist both internal and external auditors and any other 3rd party firm engaged on behalf of the Bank or the regulator.

The Successful Regulatory Reporting Accountant/Manager will have:

• Academic qualifications: Must hold a degree in any of the following subjects: Accountancy & Finance, Business & Finance, Economics, Maths or equivalent.
• A Professional qualification: ACCA, ACA or CIMA qualified an advantage.
• Work experience requirements: Minimum of 5-8 years experience of regulatory reporting within a banking environment or similar financial institution
• Detailed knowledge and understanding of CRR, CRR 2, CRD IV, CRD V, Basel III, and Regulatory Handbooks
• Experience running annual audits
• Specialist regulatory reporting knowledge regarding the Banking industry and its products / services
• Advanced knowledge of MS suite specifically Excel and Word. General soft skills.
• Familiarity with specialised Regulatory Reporting software and systems
• Able to prioritise and work to strict deadlines and a clear ability to work in a changing environment
• Problem solving capability with tenacity, patience and perseverance
• Ability to delegate and manage the work of others.
• Clearly demonstrated interpersonal communication and interaction skill
• Excellent written and verbal skills and report writing
• Accuracy and attention to detail and pro-active manner
• High numeracy and sound technical skills
• Possesses professional attributes such as profound sense of duty, resourcefulness, proactivity