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Regulatory reporting and finance assistant

The Stafford Building Society
Finance assistant
Posted: 18h ago
Offer description

Job Description

The role is full-time; however part-time applications would also be considered. For part-time arrangements, there is a requirement to work core hours from 3:30pm–5:00pm each day.

Salary £30,000 - £32,000

Regulatory Returns

* Regulatory Return Submission - Completing and submitting the Society’s Regulatory Returns for the FCA, PRA, Bank of England and HMRC, working collaboratively within the team and adhering to strict regulatory timetables.
* Regulatory Change Monitoring - Keeping up to date with regulatory developments affecting the Society and communicating relevant changes to the team.
* Regulatory System Oversight - Working with our external Regulatory Reporting system provider (Suade) to maintain accurate data, support system updates and complete regression testing on regulatory returns as required.

Finance

* Operational Updates - Supporting the operational teams (Mortgages, Savings) by updating systems for interest rate changes and new products launches, as required.
* Banking and Reconciliation Support - Assisting the Finance team with daily banking tasks, including sending payments, recording payment receipts, and reconciling transactions to the Society’s operational systems. This includes, but is not limited to:
* •Members’ savings deposits and withdrawals
* •Members’ mortgage payments and fees
* •Treasury investments and funding
* •Supplier invoices and Broker commission payments
* Daily Cash Management - Supporting the Finance team with the management of the Society’s daily cash requirements and transferring funds between our internal accounts to meet operational needs.
* Project Support – Contributing to Society-wide ad hoc projects as required.

Person Specification

Essential

* Problem-solving skills and the ability to take an analytical approach to data submissions and reconciliations.
* Strong numerical skills.
* Strong oral and written communication skills.
* Flexible and Adaptable, able to support the team as needed to cover sickness, holidays, or peaks in workload created by ad hoc requests from the regulator or project-work.
* The ability to follow very specific and detailed instructions in written format (i.e. the regulations and guidance from the Regulator).
* Curious and open-minded – we are after someone who will think creatively and constructively about the meaning of the numbers we work with, not simply to follow processes by rote.
* A moderate to advanced level of Excel ability.

Desirable

* An accounting qualification at Level 4 AAT or equivalent would be useful but not essential.
* A numerical or an analytical / problem-solving Level 3 qualification, such as Maths, Science, Engineering, Law.
* Experience in financial services would be beneficial, though a strong desire to learn our industry would be supported with training and guidance.
* Experience of SQL would be advantageous.

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