Regulatory Reporting Accountant – Banking – London Mayfair / Hybrid – Job Ref: 26031 Full Time NEW

Job Title: Regulatory Reporting Accountant

Salary: up to £60,000

Sector: Banking

Role Type: Permanent

Location: 4 days in the office & 1 day at home

Job Ref: 26031

About the role:

We are seeking a detail-oriented Regulatory Reporting Accountant to join our finance team on a 2-year fixed-term contract.

The role is responsible for preparing, analysing, and submitting accurate regulatory reports in compliance with relevant financial regulations and internal policies.

Skills:

• Prepare and complete all prudential regulatory reports submitted to the PRA and the Bank of England, ensuring all deadlines are met.
• Improve the quality of regulatory returns by reviewing and analysing the underlying data used in their preparation.
• Ensure that regulatory rules are interpreted accurately and applied consistently across all reports.
• Assist in developing and strengthening the regulatory reporting control framework and environment to support complete and accurate reporting.

Main Responsibilities:

• Prepare and submit regulatory returns (including COREP, FINREP, and Bank of England reports) accurately and on time, in line with all regulatory deadlines.
• Enhance and streamline the automation of the regulatory reporting platform (SUADE), ensuring efficient submissions via REGDATA and BEEDS.
• Monitor and assess new and updated regulatory requirements to maintain full compliance with reporting obligations.
• Develop and maintain policies and procedures covering all aspects of regulatory reporting, both statutory and statistical.
• Support the preparation of Pillar 3, ICAAP, and ILAAP documentation in collaboration with the Risk team.
• Assist with regular liquidity and capital monitoring, including the production of management information (MI) and Head Office reporting.
• Perform key controls, including reconciliations between regulatory returns and financial statements, to ensure data completeness and accuracy.
• Collaborate with stakeholders outside the Finance team to deepen understanding of products and their regulatory reporting treatment.
• Comply with internal policies and procedures, keeping line management informed of relevant issues as needed.
• Contribute to the production of monthly and quarterly MI dashboards for submission to governance committees.

Key Responsibilities:

• Prepare and submit regulatory returns (COREP, FINREP, and Bank of England reports) accurately and on time, in line with all regulatory deadlines.
• Enhance and maintain automation within the regulatory reporting platform (SUADE), ensuring efficient submissions via REGDATA and BEEDS.
• Monitor and assess new and updated regulatory requirements to ensure ongoing compliance with reporting obligations.
• Develop and maintain policies and procedures covering all regulatory reporting, including statutory and statistical requirements.
• Support the preparation of Pillar 3, ICAAP, and ILAAP documentation in collaboration with the Risk team.
• Assist with liquidity and capital monitoring (daily, weekly, and monthly), including the production of management information (MI) and Head Office reporting.
• Perform key controls, including reconciliation of regulatory returns to financial statements, ensuring accuracy and completeness.
• Collaborate with stakeholders across the business to understand products and their regulatory reporting treatment.
• Comply with internal policies and procedures, escalating relevant matters to line management as appropriate.
• Contribute to the production of monthly and quarterly MI dashboards for submission to governance committees.

Experience and Skills Required:

• Ideally qualified in ACCA, CIMA, or ACA.
• Strong working knowledge of PRA/Bank of England regulatory requirements (including COREP, FINREP, and BoE returns), as well as EBA regulations and Q&A updates.
• At least two years’ experience in regulatory reporting.
• Solid data analysis skills, with the ability to assess and ensure data quality.
• Advanced proficiency in MS Office (Excel, Word, and PowerPoint), including the ability to develop technical regulatory calculations and build effective MI dashboards.
• In-depth understanding of validation rules, including their interpretation, definitions, and interactions across regulatory returns.
• Proactive approach to identifying misclassifications and maintaining clean, accurate databases.
• Experience with SUADE software is desirable.
• Strong written and verbal communication skills.