Associate - Regulatory Reporting

This leading International Investment Bank is looking to recruit an Associate level within their Regulatory Reporting team. The team is responsible for regulatory reporting (including the preparation of the PRA Prudential regulatory returns (Including CoRep returns), the Bank of England statistical returns), monitoring and analysing the Bank's capital usage, liquidity and large exposures, providing guidance to Front Office (and Back Office functions) and communicating issues to regulators and internal/external auditors. The team also provides analysis and works closely with other stakeholder teams including IT and risk management.

The successful candidate will be responsible for contributing to the production, control (including testing) and analysis of the reports and processes associated with the above.

Main responsibilities will include but not be limited to:

• Provide key input in the form of testing, subject matter expertise, analysis and review in respect of process change and improvement (both tactical and strategic).
• Develop/prototype new tactical processes, models and improve controls.
• Provide additional resource capability to focus upon ad hoc reporting and process change assignments, investigation of requirements (eg with business in conjunction with relevant policy/rules).
• CoRep prudential reporting as required, associated explanation and controls.
• Pro-actively liaise with Regulatory Reporting Project team, ISD members and financial reporting members to ensure that the relevant reporting is consistent and controlled and delivered to the required level of accuracy.
• As necessary, production of the daily capital and large exposure reports and report daily variance movements.
• Support annual business planning and "what if" analysis as necessary.
• Assist in the automation of the daily / monthly/ quarterly processes.
• Deepen team knowledge base on the Capital Requirements Regulations/CRDIV, specifically in relation to counterparty, specific and general interest rate risk, Leverage and Large Exposures and demonstrate ability to apply knowledge to reporting.
• Document and enhance controls as necessary.

As the ideal candidate you will have experience working in the Regulatory team of an Investment Bank or similar institution or come from a practice back ground with exposure to regulatory rules. You will ideally be a fully qualified or part qualified accountant with excellent analytical and communication skills.