Reg Reporting Accountant
Job Summary
The Regulatory Reporting Accountant is responsible for the timely and accurate preparation of regulatory returns to the Prudential Regulation Authority (PRA) Financial Conduct Authority (FCA) and Bank of England (BoE). The role plays a key part in ensuring regulatory compliance through the production of COREP FINREP and other prudential and statistical returns.
The role will also support the ongoing enhancement of the regulatory reporting framework through automation process improvement and data quality initiatives. Working closely with Finance Risk Treasury Technology and other stakeholders across the Bank the role will ensure reporting processes remain robust efficient and aligned with evolving regulatory requirements.
Key Responsibilities:
- Preparation of regulatory statistical and supervisory returns to the Bank of England / Prudential Regulation Authority / Financial Conduct Authority / European Banking Authority including Common Reporting.
- Review and analysis of the returns to ensure timely and accurate production of the reports in line with reporting definitions.
- Assist with implementation and automation of current and forthcoming regulatory returns.
- Assist with improving data extract in line with the regulatory definitions.
- Assist with designing reports to extract information to support regulatory returns.
- Liaising with team members within Finance and other stakeholders within the bank with the view to enhance data quality.
- Maintain and update regulatory reporting documentation policies and procedures.
- Assist with any other external reporting if required.
- Support the production of other external reporting requirements as and when required.
Qualifications :
Skills & Experience:
- Experience in regulatory reporting within a banking or financial services environment.
- Good understanding of prudential regulatory frameworks and reporting requirements including COREP FINREP and statistical reporting.
- Up-to-date knowledge of PRA FCA and BoE regulatory developments and policy requirements.
- Strong analytical and problem-solving skills with attention to detail.
- Advanced Excel skills and experience using regulatory reporting systems and data extraction tools.
- Strong stakeholder management and communication skills with the ability to work effectively across multiple functions.
- Ability to work under pressure and manage competing priorities to meet tight regulatory deadlines.
- Proactive approach to process improvement automation and enhancing control frameworks.
- Highly organised with strong planning and prioritisation skills.
- Team-oriented approach with the ability to influence and collaborate across all levels of the organisation.
- Demonstrates Shawbrook values through openness transparency accountability and a commitment to excellence.
- Ability to use regulatory reporting software such as Suade Regnology or similar.
- Accounting / Professional Qualifications
Education / Professional Qualifications
Shawbrook is committed to providing opportunities to all candidates and understands that not all candidates may possess qualifications directly aligned to the role. We will assess each candidate on their individual experience skills and potential and not solely on educational qualifications.
Preferred:
- An accounting qualification.
- Relevant experience in UK banking regulatory reporting.
- Experience with regulatory reporting platforms and reporting automation initiatives.
Additional Information :
Your Wellbeing - We take your health and well-being very seriously by providing a range of benefits to give you and your family peace of mind. These include:
- Market leading family friendly policies such as access to our Maternity Adoption and Paternity policies from Day 1 of your employment
- Free access to Headspace a mindfulness & meditation digital health app
- Free access to Peppy digital health app that offers personalised support through fertility treatment becoming a parent or menopause
- EAP (Employee Assistance Programme) - Offering you support on a wide range of subjects including financial concerns mental wellbeing and more general queries around family work housing and health
- Cycle to work scheme
- Discounts on gym membership
- Contributory pension scheme & death in service
Your Lifestyle - Its important you strike the right balance between your work and personal life. We provide benefits to support you when at work and when youre enjoying your leisure time.
- Minimum of 27 days holiday per year
- Option to buy or sell holiday days through our flexi-holiday scheme
- Discounts on gym membership nationwide
- Access to discounts on a range of high street and online brands
- Community support and charitable giving
Your Contribution - Were focused on rewarding those that go the extra mile in helping us achieve our goals.
- Participation in our annual discretionary bonus scheme designed to reward your contribution to our success
- Proudly Shawbrook recognition scheme focused on recognising our role models and thanking our colleagues for a job well done
Remote Work :
No
Employment Type :
Full-time
About Company
Shawbrook provides finance to a wide range of customer segments that value the premium experience, flexibility and certainly we deliver. We are a purpose-led organisation, with a focus on delivering long-term sustainable value for all our stakeholders. We have a diversified offering ... View more