Job Description
Purpose: This role will be an important one within the Finance department. The role focuses specifically on Regulatory Reporting within the Society. The role holder will be responsible for regulatory reporting. It will require working with the wider Finance and Treasury teams and with many other departments that are involved in regulatory reporting. This role is for Maternity Leave cover for 1 year.
Key Responsibilities:
* · Production of the full suite of regulatory reports (COREP / FINREP / PRA / BoE/ Liquidity / Capital) and the internal reporting of regulatory metrics
* Ensure reporting requirements and deadlines are met and to the highest standard of accuracy and disclosed in a consistent manner
* Support the development and automation of regulatory reporting to take advantage of digitisation to reduce reliance on spreadsheets and involvement in upgrade or migration of regulatory reporting software
* Review, document and apply to the Society all the new and changed regulation with the introduction of the Simple Domestic Deposit Takers regime (SDDT) and related Basel 3.1 to ensure readiness for 01/01/2027 go live
* Develop the ability to explain regulatory concepts and reporting requirements including capital calculations, ratios and workings
* Gain and maintain an up to date and detailed understanding of regulatory reporting requirements by reading reporting instructions and interpreting these to the Society’s products and balance sheet
* Be involved in the Society’s core transformation programme
Knowledge, skill and qualification requirements:
· Ideally a qualified accountant
· Previous working experience in a regulatory reporting role or a role with substantial regulatory reporting is essential
· Good understanding of the financial services industry and UK regulatory environments
· Strong communication, written and numeracy abilities
· Good technical experience in creating and managing Microsoft Excel worksheets such as pivot tables, lookups and basis macros
· Ability to work independently to achieve critical deadlines
· Initiative and pro-activeness essential
· Planning, organisation & efficiency
· Assertiveness and challenge
· Influence and persuade
· Attention to detail
· Problem solving
· Adaptability and Flexibility