Regulatory Finance - Regulatory Capital External Reporting Associate

As a Regulatory Capital External Reporting Associate within the External Reporting team, you will be interacting with multiple lines of business and internal stakeholders while continuously learning within the Regulatory Capital Reporting space. You will liaise with various teams, including but not limited to: Statutory accounts team, FINREP team, line of business finance teams, Operations, Treasury, Audit, Legal Entity Control teams, as well as working on requests from External Audit and the Regulators on an ad-hoc basis. You will be responsible for reconciling all the regulatory returns across capital reporting and submitting them to the regulator on a quarterly basis. You are not expected to do daily or weekly internal reporting, you will be doing external reporting on a quarterly basis.

Job responsibilities

Preparing quarterly and biannual returns for the UK solo regulated entities and their associated UK consolidation groups
Producing quarterly IFPR regime MIF returns for 3 UK entities, calculating K factors and capital requirement, preparation and presentation of IFPR management pack and submission of final returns to the FCA producing quarterly COREP regulatory returns, which are not specific to either Credit or Market risk, namely: CA1-2-3-4: Own funds, Risk weighted Assets, capital Ratios, Capital Deductions and C16-17 Operational risk and losses Interpreting published statutory accounts, financial reporting returns to compute own fund calculations
Preparing resubmission packs after the yearly published statutory accounts and helping in executing resubmission process, signoff meetings, variance analysis etc.
Performing analysis and challenging regulatory capital drivers and key variances, including liaising with line of business reporting, and provide commentary
Maintaining the control standards adhering to firm wide and local controls around User Tools, adjustments and tracking of data/architecture issues
Understanding the reporting model infrastructure and implementing streamlined process solutions towards a more efficient reporting model
Being involved in other non-BAU tasks, such as projects and policy matters that impact the capital requirement
Addressing internal and external Audit requests, as well as from the regulators
Partnering with Projects team in implementation of any system related changes
Required qualifications, capabilities and skills

Degree qualification, accountancy qualification or qualification by experience with Financial Services industry
Degree qualification and either accountancy qualification or qualification by experience with Financial Services industry
Familiarity with current Capital regulations and reporting requirements (COREP / IFPR)
General accounting, reconciliation and finance knowledge from a Regulatory environment
Strong interpersonal and team working skills
Self-motivated and able to work with minimal supervision
Strong analytical and problem solving skills
Flexibility to work under pressure to meet changing work requirements and strict deadlines
Ability to communicate effectively at all levels
Strong attention to detail
Preferred qualifications, capabilities and skills

Axiom user experience
Alteryx knowledge / experience
Familiarity with FRTB rules and requirements
Familiarity with Basel 3.1 changes