Regulatory Reporting Accountant
Responsible for ensuring all Client regulatory reporting requirements are properly defined and correctly reported to the relevant party on a timely and efficient basis.
Cultivate deep knowledge of Our Clients Servicing, its subsidiary and clients, understanding the regulatory environment and developments affecting this market and its regulatory reporting requirements.
Knowledge sharing and training of relevant staff members to enable them to validate accuracy of client returns (as and when required) prior to distribution or submission.
Continual development through identification and action of own personal development plan.
Working closely with the BI team to develop new and improve existing regulatory automated reporting
Working closely with key stakeholders around the business to collate information required for submission to the regulators, ensuring information is accurate and in correct format
Key contact for external and internal Auditors regarding any issues relating to regulatory reporting and ensuring the Control Framework is in place.
Working closely with the Data Team to resolve data issues affecting reporting.
Develop good relationships with the Compliance team to ensure all new and existing regulations have bene addressed.
Accurate, efficient and timely production and analysis of all client regulatory reports and/or associated data extracts.
Main point of contact for clients, and any relevant regulatory body, for all regulatory reporting produced on behalf of clients.
Analysis and implementation of any new regulatory reporting requirements and procedures.
Ownership and distribution of regulatory reporting timetable for all FCA, BoE and BSA returns with delivery in line with agreed SLAs.
Lead the Regulatory Reporting work stream for new Change Controls submitted by existing clients to ensure changes are fully impact assessed and built according to specification.
Lead the Regulatory Reporting work stream to ensure any relevant reporting for new servicing clients is effectively captured, priced and agreed in advance with client.
Responsible for preparing compliance specification requirements and ensuring this is in line with interpretation of relevant regulations.
Responsible for signing off BI automated reports following validation and testing.
Responsible for answering queries relating to regulatory reporting from the Regulators in a timely manner
Lead on ad hoc projects related to process efficiencies and improved data integrity.
Other ad hoc finance projects and covenant reporting as per departmental and business requirements, where regulatory reporting timetable permits.
Manage 1 member of staff
The ideal candidate will be:
- A qualified accountant (ACCA/ACA/CIMA)
- Knowledge and experience of regulatory reporting rules, handbooks and systems.
- Experienced managing small teams
- Advanced excel skills