Central London Bank
6 month FTC
GBP75,000 pro rata + benefits
Currently WFH but normally in the office
SME Bank in Central London with a 5 year strategy to grow at an achievable and steady rate. Due to growth, we are hiring for a 6 month contractor to join the Regulatory Reporting team. The role works closely with a very experienced regulatory reporting manager who has been with the bank a few years. Therefore you will be well supported and part of a very friendly and approachable team.
This role is needed as the Regulatory Manager is the only person with technical experience in capital reporting and they need another person with this expertise in the department. You will offer assistance and cover for regulatory reporting, mainly capital. You need a good base level of regulatory knowledge, especially COREP, but you do not need everything and can learn other aspects. As they are an SME you would gain very varied and all-round experience.
What does the role Include?
Work closely with the Regulatory Reporting Manager in charge of Capital Reporting.
Assist with the production, analysis and submission of the statistical returns required by the Bank of England, supervisory returns for the PRA and European Banking Authority: FINREP, PRA, BoE and COREP reports.
Assist with the analysis and communication of policy and market developments in regulatory reporting
Assist with modelling the impact of new deals and products
Maintain and review procedure documentation
Assist with the company’s growth strategy for Regulatory reporting.
Quarterly development and maintenance of the internal and external capital calculation and reporting tools
Assist in provision of information towards production of annual ICAAP, Pillar 3 and RRP and reviews at working group levels.
Ensure good working relationship with regulators and point of contact for various regulatory regimes.
Maintain working relation with external vendors & auditors
Keep up to date developments and changes in regulatory issues.
Using their regulatory system, Vermeg.
will also be other ad-hoc tasks such as assisting with inputs into ICAAP and RRP on Liquidity and Capital stress testing. Plus assisting with Asset Liability management and the wider regulatory and capital management.
The experience and skills you need to apply
You will be a Qualified Accountant ideally with 4/5 years plus in Banking including a background in regulatory reporting. You would have hands on experience in the production and review of the submission for the BOE and PRA. Most important will be your experience in COREP.
Strong excel experience is also essential and you will be able to demonstrate excellent attention to detail, a high level of organisation and methodical approach to work. You will be a fast learner with good problem-solving skill and great self-motivation. The role is technical and needs you to have good listening and communication skills to put across ideas and relay information succinctly.