Main Function of the Role:
- Responsible for the production of all regulatory returns to the Bank of England/ PRA/ FCA and HMRC.
- Also assume responsibility for the implementation of regulatory solutions including end to end testing, documentation of processes and liaising with the system developers.
- Assist with the implementation and testing of an automated regulatory reporting system for EBA Capital and Liquidity reporting
- Production of daily, monthly and quarterly regulatory returns for review by the DCFO including a variance analysis report.
- Internal monitoring of key current and future regulatory ratios (capital and liquidity)
- Prepare the financial inputs into the ILAAP, ICAAP and RRP Process
- Preparation of the Single Customer View report for the FSCS as and when needed and to required timelines
- EBA/PRA/BoE/HMRC reporting - ensure returns are prepared accurately and within required reporting deadlines
- Work with the Planning and Performance accountant to ensure that all new liquidity and capital requirements are translated into Funds Transfer Pricing.
- Monitor regulatory policy, proposals and consultation papers
- Documentation and update of regulatory reporting procedures
Education and Experience:
- Graduate in Accounting or Finance.
- Qualified Accountant preferable
- Ideally minimum 2-3 years experience in a regulatory reporting role from a small/ mid-tier bank.
- Sound working knowledge of EBA Liquidity and Capital requirements with evidence of actual preparation of returns under this regime. Returns to be considered includes but is not limited to COREP, LIQREP and ALMM.
- Knowledge of the UK regulatory framework including requirements in the FCA & PRA Handbook
- Understanding of Basel III (CRR/CRDIV) requirements including transitional arrangements
- Intermediate user of MS Access, Word and Powerpoint
- PC - using the following software:
- Microsoft Office - Excel, Access, Word, PowerPoint
- Wolters Kluwer RegPro
Ability to use the following would be an added advantage:
- Misys Equation DB3
- Wolters Kluwer RiskPro