Head of Regulatory Reporting
- Type: Permanent
- Location: England - London
- Industry: Financial Services - Banking
- Specialism: Finance
- Salary: £110,000 + bonus and strong benefits
- Date Posted: 25/02/2025
- Consultant: Andrew Clark
Growth and product diversity are the key goals of this bank. This role should be seen as a career advancing opportunity for someone who is ready to step-up to a ‘Head-of’ role. You will bring a blend of technical regulatory reporting skills and a natural ability to communicate and advise the C-suite team.
Role Description
- To be the banks Subject Matter Expert (SME) in all COREP, FinRep and Liquidity PRA 110 reporting
- To lead the user input on the Bank’s systems enhancement programmes from the regulatory reporting perspective
- To perform horizon scanning to capture, assess and prepare for changes to regulatory reporting rules as required
- To document key interpretations/assumptions in the regulatory reporting process and steward through governance
- To provide guidance to the finance team who produce daily estimates of key regulatory metrics with weekly reviews
- To perform periodic sample testing and other controls identified to ensure adequate regulatory reporting assurance
Role Requirements
- Qualified Accountant is ideal though not essential
- Extensive working knowledge of PRA regulatory reporting (COREP, FinRep and Liquidity PRA 110) and Bank of England statistical reporting requirements
- Demonstrable experience in presenting to senior management
- Strong IT skills especially relating to Excel / database management / regulatory reporting systems
- Detailed knowledge of validation rules, interpretation of rules and definitions and the interplay between returns
- Strong technical skills and ability to manage deadlines
- Attention to detail with the ability to follow data flows back to source
- Project implementation experience