Regulatory Reporting Accountant

This leading International Investment Bank is looking to recruit at AVP level within its regulatory reporting team.

The role will be:

To assist and be responsible as necessary for the production, control, review and explain of daily, weekly and periodic reporting processes including components of regulatory capital, large exposure and Bank of England Statistical reporting. This involves providing support both internally, with regard to day to day activities, reporting, change and project related issues, as well as providing business units with Regulatory advice as required.

To support the Head of Capital and Large Exposure Reporting in the preparation, control and explain of all PRA and Bank of England reporting requirements and meeting the teams' over arching objectives.

The specific responsibilities will include:

Production of the daily and weekly management reports:

• Daily large exposure monitoring and reporting, ensuring adherence to PRA limits and providing concise analysis and commentary on variances.
• Maintenance and update of Data Foundation systems functionality and related issues
• Daily capital by desk reporting specifically counterparty/credit risk, all market risk calculations and maintenance of appropriate adjustments.
• Weekly reports and commentaries for Risk Committee.

Working with the Head Capital and Large Exposure Reporting in the production and control of external regulatory returns focused upon the new EBA Corep and other PRA reporting requirements.

Lead the monthly Bank of England Statistical reporting requirements.Proactive engagement, support and drive in the UAT , parallel testing and implementation of the capital reporting Data Foundation project.

Participate in the Data Foundation COREP implementation and gain an understanding of the key PRA deliverables.

Participate in the annual stress testing and business planning cycles as part of the overall ICAAP process, with other members of Regulatory Reporting and Risk Management to ensure that results are delivered in a timely manner.

Understanding of PRA BIPRU/EBA CRR (CRDIV) rules and their application to reporting requirements.

Responsibility for system calculations for counterparty/credit risk, market risk and understanding of all related PRA BIPRU/EBA CRR rules.

Assist in providing business with regulatory capital and large exposure advice, analysis and scenarios, making reference to the PRA BIPRU/EBA CRR rules as appropriate.

Assist in development of new processes in a controlled environment, such as the annual new bank hierarchy process.

To be actively involved in systems improvement and procedural changes

Ensure that Departmental procedures, appropriate policies and other documentation are accurate and up to date, offering guidance as required.

As the ideal candidate you will have a proven track record within the regulatory division of an investment bank or similar institution. You will be a fully qualified or QBE accountant with demonstrated experience in a regulatory, risk or product control function in an investment banking environment or equivalent and have solid experience of external PRA/Corep and Bank of England returns and reporting requirements.