£65K/yr to £75K/yr
City of London, England
Permanent, Variable

Regulatory Account - Risk

Posted by Trace - Expert Accountancy Recruitment.

Regulatory Accountant - UK Challenger Bank

Department:

Risk

Reports to:

Chief Risk Officer

Our client, a leading

challenger bank

in the UK, is recruiting a

Regulatory Accountant

to join their team. If you thrive in a fast-paced environment and have a knack for regulatory reporting, this is the perfect opportunity for you.

What You'll Do:

Regulatory Reporting Function:

  • Ensure Compliance: Adhere to FCA/PRA's Individual Conduct Rules with integrity and diligence.
  • Lead with Transparency: Provide clear, comprehensive reports and dashboards for Risk Management and Executive Committees.
  • Review and Challenge: Act as a second line of defence, scrutinising regulatory returns for accuracy and compliance.
  • Innovate: Develop and automate tools to enhance the efficiency and consistency of regulatory reviews.
  • Stay Informed: Analyse and communicate policy and market developments to senior management.
  • Collaborate: Support Finance, Risk, and Treasury teams with insightful regulatory input.
  • Assist in Strategic Tasks: Contribute to BRC papers, recovery plans, ICAAP, ILAAP, and more.
  • Maintain Excellence: Keep procedure documentation up-to-date and effective.
  • Support Teams: Work constructively with first line of defence functions to improve regulatory returns processes.

Other Responsibilities:

  • Ad Hoc Tasks: Take on additional responsibilities within Risk Management and broader regulatory and capital management as needed.
  • Versatile Role: Be ready to handle any tasks assigned by management.

What You'll Need:

  • Qualifications: Banking, Risk, and/or Treasury qualifications are desirable.
  • Experience: Minimum of 4 years in banking with a focus on regulatory reporting.
  • Expertise: Strong understanding of banking products and internal regulatory reporting processes.
  • Technical Skills: Advanced Excel skills and proficiency in PowerPoint and Word.
  • Professional Credentials: Qualified accountant preferred.
  • Interpersonal Skills: Strong communication and teamwork abilities.
  • Innovative Mindset: Self-starter with creative ideas for reporting and process improvements.
  • Commercial Awareness: Insight into the banking sector and its products.
  • Flexibility: Adaptable team player ready to take on new challenges.

Why Join?

Our client offers a vibrant work environment, opportunities for professional growth, and a chance to make a significant impact in the banking industry. If you're passionate about regulatory risk management and ready to take the next step in your career, apply now!