Regulatory reporting accountant

Regulatory Reporting, Basel, Controls, COREP, Leverage and exposure

Working with a leading banking client to secure the services of a Regulatory Reporting Account to join the London team.

The main purpose of the role is supporting the production and delivery of regulatory returns while ensuring compliance with regulatory requirements and internal controls. This position reports to the Head of Regulatory Reporting.

The position will be responsible for the complete, accurate and timely submission of HINV Solo COREP, Leverage, Large Exposures and Bank of England statistical reporting along with inputs into Group Consolidated reporting. This is a hybrid position based in the HINV offices in Finsbury Square, London.

Primary Duties:

• Assist in the production of the COREP, Leverage and Large Exposure external Solo reporting and internal reporting of regulatory metrics
• Support the monthly preparation of other returns to the FCA
• Assist in the preparation of Bank of England Statistical Returns (BT, ELS, AD, AL, BE, CC, CA, CL and PL)
• Partner with cross functional teams addressing data, process, model, analytics and policy gaps involved in regulatory reporting.
• Liaise between multiple stakeholders ensuring accuracy, completeness and documentation framework for all reporting requirements.

Data Quality & Controls

• Review and challenge data inputs and outputs, ensuring regulatory information is prepared and disclosed consistently
• Operate regulatory reporting procedures and contribute towards process automation
• Ensure reporting issues are identified, escalated and tracked to conclusion according to company's data quality oversight standards.

Documentation & Support

• Assist with documentation updates for Standard Operating Procedures (SOPs) and Assumption and Interpretation policies
• Maintain awareness of emerging issues and changing regulatory landscapes
• Monitor and stay knowledgeable of industry, regulatory, and accounting developments and issuance of new reporting requirement standards
• Assist in Basel 3.1 implementation activities
• Support various regulatory ad-hoc requests

Required skills and technical knowledge

• Previous experience in regulatory reporting within financial services industry essential
• Strong analytical and problem-solving skills
• Excellent attention to detail and accuracy
• Proficient in MS Excel and data analysis tools
• Strong written and verbal communication skills
• Ability to work effectively both independently and as part of a team
• Knowledge of UK regulatory framework and reporting requirements
• Knowledge of capital calculations, ratios, and related workings
• Understanding of regulatory concepts and reporting requirements