- Company Name
- Additional Resources Recruitment
- Job Title
- Regulatory Reporting Specialist
- Job Description
-
**Job Title:** Regulatory Reporting Specialist (Banking)
**Role Summary:**
Responsible for preparing, validating, and submitting accurate regulatory reports for a banking institution. Ensures compliance with PRA, FCA, BoE, and related frameworks, maintains data integrity, interprets regulatory changes, and collaborates with Finance, Risk, Treasury, and audit teams.
**Expectations:**
- Deliver timely, complete, and compliant regulatory submissions.
- Maintain high‑quality documentation and audit trails.
- Perform data quality checks, variance analysis, and control enhancements.
- Stay current on regulatory updates and assess impact on reporting.
- Communicate complex regulatory concepts clearly to stakeholders.
- Contribute to process improvements and reporting system upgrades.
**Key Responsibilities:**
- Prepare and validate COREP returns (Own Funds, Leverage Ratio, Large Exposure, Credit Risk).
- Produce liquidity reports (LCR, NSFR, ALMM, PRA110).
- Generate statistical and FSA returns (BT, ELS, SL, MLAR, FSA017).
- Assist with FINREP submissions (F1‑F12).
- Maintain documentation, working papers, and audit evidence for all reports.
- Ensure data consistency and accuracy; conduct variance and trend analysis.
- Support enhancements to regulatory reporting control framework and governance.
- Monitor regulatory rule changes (CRR, Basel, PRA Rulebook, IFRS) and advise internal teams.
- Respond to regulator queries and audit requests promptly.
- Identify and implement reporting process efficiencies and support system upgrades.
**Required Skills:**
- Strong knowledge of PRA, FCA, and Bank of England reporting requirements.
- Excellent analytical ability and meticulous attention to detail.
- Proficiency with Excel and large data‑set manipulation; experience with reporting tools.
- Ability to interpret regulatory guidance and translate into reporting actions.
- Effective communication and stakeholder management skills.
- Proactive, self‑motivated, and able to meet tight deadlines.
**Required Education & Certifications:**
- Bachelor’s degree in Finance, Accounting, Economics, or related field (or equivalent experience).
- Professional qualifications such as ACA, ACCA, CIMA, PRM, or FRM are desirable but not mandatory.
- Familiarity with RegTech platforms (e.g., AxiomSL, OneSumX, Vermeg) and basic coding/automation (SQL, Python, VBA) considered an advantage.