Senior Regulatory Accountant

Posted 01 September 2022
Salary £85000 - £95000 per annum
LocationCity of London
Job type Permanent
Reference010922NJ_1662028001
Contact NameNefino Joannides

Job description

A middle Eastern Banking SME client of ours is looking for a Senior Regulatory Accountant to work in their London office.

You will manage all regulatory reporting and regulatory compliance. This includes horizon scanning for PRA/ FCA/Bank of England changes, completing and reviewing returns and liaising with regulators.

Key duties and responsibilities:

  • Keep up to date with all regulatory changes and how they impact existing returns and bring new returns into scope.
  • Work in partnership with senior managers across the Bank to update ICAAP, ILAAP, and RRP.
  • Monitor the capital and liquidity position and assess impact of asset growth and changes in liquidity profile.
  • Update ICAAP, ILAAP, and RRP.
  • Lead the Bank of England, PRA, and FCA regulatory reporting, specifically the following returns: Own Funds, ALMM, MLAR, FINREP, LE, PRA110, FSA17, NSFR, LV001, PSD001 and PSD007.
  • Assist with Group reporting, particularly where regulatory ratios are concerned.
  • Assist with the production of the annual Statutory Accounts and Financial Statements.
  • Work in partnership with other Finance team members and provide direction and review output on all regulatory work.
  • Work with the Senior Financial Modelling Analyst to automate returns, provide regulatory guidance, and build/ improve stress testing models.
  • Build solid working relationships with staff at all levels across the Bank and provide support as required.
  • Ensure the completion of all allocated Finance daily tasks accurately and in line with requirements.
  • Support the Finance team and CFO in ensuring that Finance processes and procedures are up to date.

Key requires essential to applying for this position but not limited to:

  • Ideally a professional accounting qualification.
  • Strong track record of regulatory reporting in a UK Bank.
  • Experience of Modelling, Financial Analysis, and Financial Reporting with a primary focus on regulatory elements.
  • History of studying and interpreting regulatory guidance.
  • In depth knowledge of PRA, FCA, and Bank of England regulatory requirements.
  • Comprehensive practical understanding of requirements for capital and liquidity planning.
  • Proven working knowledge of all regulatory reporting, ICAAP, ILAAP, and RRP documents.

Inventum is passionate about equity, diversity and inclusion. We seek individuals from the widest talent pool and encourage diverse and underrepresented talent to apply for vacancies with us. Inventum is committed to ensuring our recruitment processes are fair to all applicants, regardless of background and personal characteristics.

Inventum Group is acting as an Employment Agency in relation to this vacancy.