Regulatory Reporting Analyst

Position: Regulatory Reporting Analyst

A start-up Challenger Bank in the Retail space is currently seeking a Regulatory Reporting Analyst to join their Finance team, dedicated to ensuring precise and timely regulatory reporting for the organisation. As part of a co-operative team, you'll take on various responsibilities aimed at maintaining regulatory compliance in Finance and driving process improvements.

Regulatory Reporting Analyst - Key Responsibilities:

• Develop monthly internal management information (MI) for committees.
• Assist in the implementation of new business/product changes and upcoming regulatory requirements.
• Work co-operatively within a team to oversee all aspects of regulatory reporting.
• Drive continuous development and improvements to regulatory reporting systems to support automation.
• Produce monthly and quarterly regulatory reports with precision and timeliness.
• Identify opportunities for streamlining processes and enhancing efficiency.
• Promote understanding of capital and liquidity reporting requirements across the organisation, offering regulatory support to other functions as needed.
• Establish and uphold robust controls for regulatory reporting, including data reconciliations, variance analysis, and investigations.
• Provide ad-hoc support to the broader finance and treasury team.
• Contribute to various change projects as required.

Qualifications and Skills:

• Qualified or part-qualified accountant (ACA, ACCA, CIMA, or equivalent) with experience in financial services, preferably within retail banking or building societies.
• Understanding of accounting principles (IFRS) and the regulatory reporting environment.
• Previous experience in regulatory reporting, such as COREP, FINREP, PRA, and statistical returns.
• Knowledge of liquidity, capital, and credit risk is advantageous.
• Experience with data sourcing and manipulation is a plus.
• Strong analytical and numerical skills.
• Proficiency in Excel and MI tools.
• Meticulous attention to detail.
• Adaptable mindset with a drive for learning and initiating positive change.