Assistant Manager Regulatory Reporting 1-Year Maternity-Cover Contract - Global Wholesale Banking Group - Competitive Day Rate / Pro Rata Salary - Central London with hybrid working

The incumbent will handle all liquidity reports and help review the production of other regulatory returns, including COREP reporting.

Profile Criteria:

1. 3+ years’ experience producing PRA liquidity reports (LCR, NSFR, PRA110, ALMM)
2. Strong Excel skills are essential as the reports are currently manual (but moving to Vermeg). Experience in using Vermeg would be advantageous.
3. Management of staff would be advantageous (but not essential) as this role will help review daily/monthly regulatory reports
4. Knowledge of other regulatory reports (e.g., COREP and BoE statistical returns, is desirable)
5. Either immediately available or available on a short notice period (1 month or less)

Key Responsibilities:

• Prepare and submit regulatory reports to relevant authorities, ensuring accuracy and timeliness, mainly external liquidity regulatory returns to PRA.
• Daily internal regulatory reporting, including LCR, Large Exposures and Treasury pack.
• Assisting the bank with regulatory changes, controlling the effects on the business.
• Participating in the Finance department’s key projects within regulatory reporting (automating reporting using Vermeg)
• Assist the deputy financial controller with ad hoc tasks as required.
• Collaborating with various departments to gather necessary data and information for regulatory reporting.
• Performing daily, monthly, and quarterly regulatory reconciliations to ensure accuracy and completeness of data.
• Staying updated on changes in regulatory reporting requirements and communicating relevant updates to the team.
• Assisting in developing and implementing new regulatory reporting processes and procedures to improve efficiency and effectiveness.
• Conducting quality assurance checks on data submitted for regulatory reporting to identify and resolve discrepancies.
• Responding to inquiries and requests from regulators and providing necessary supporting documents.
• Ensuring compliance with all applicable regulations and internal policies and procedures.
• Supporting the Regulatory Reporting Manager in various ad-hoc projects and tasks as needed.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field.
• Ideally a fully-qualified accountant (ACCA, CIMA, ACA).
• Minimum of 3 years of experience in regulatory reporting, preferably in a banking or financial services environment.
• Strong understanding of local and international regulatory requirements and reporting frameworks.
• Excellent analytical skills with the ability to identify and resolve complex issues.
• Proficient in Microsoft Excel and other reporting tools.
• Ability to work under pressure and meet tight deadlines.
• Excellent communication and interpersonal skills.
• High attention to detail and accuracy.
• Strong organisational and time-management skills.