Banking Regulatory Reporting Accountant

Salary: £78,000 – £84,000 per year

A Bank based in London, is currently looking for a Banking Regulatory Reporting Accountant to join their team on a 2 years FTC. Job purpose is to overhaul all regulatory reporting working alongside the Regulatory Reporting Accountant. To check the detail behind each return for accuracy and ensure that any interpretation of the rules is appropriate and consistent across all returns and more. 

Responsibilities include but are not limited to:

Improve existing automation of Regulatory Reporting

Support the Regulatory Reporting Accountant with BAU work to cover in his absence and address any weaknesses in the regulatory reporting process.

Keep up to date with any changes and best market practice for the regulatory process. 

Initiate any new instructions or processes that the Regulatory Accountant and the Head of Financial Control should be cognisant and attentive of.

Update and document the procedures covering all regulatory reporting (statutory as well as statistical). 

To check the detail behind each return paying particular attention to manual adjustments, reconciliations between returns and rule interpretations.

Skills and knowledge:

Ideally ACCA/CIMA or ACA qualified.

Extensive working knowledge of PRA/Bank of England regulatory requirements, EBA regulations and Q&A updates is essential. Minimum five years’ regulatory reporting experience.

Very good experience of COREP and Bank of England reporting.

Good IT skills especially relating to database management.

Detailed knowledge of validation rules, interpretation of rules and definitions and the interplay between returns.

Good written and verbal communication skills.

Strong technical skills and ability to manage deadlines.