Jobs in London - Regulatory Accountant Executive • East London

Company: iFAST Global Bank Ltd

East London

The role will provide an opportunity for the Regulatory Accountant Executive to gain an insight into regulatory reporting and monitoring activities in dynamic environment and be part of the journey in developing the function as the bank grows.The Regulatory team consists of Head of Regulatory Reporting and Regulatory Accountant. The team is responsible to manage all aspects of capital and liquidity for the Bank from prudential perspective. The Regulatory Accountant Executive will support in monitoring prudential regulatory ratios and in preparation of reports to Bank of England and PRA. Role also requires assisting the Bank in involvement in projects, new product assessment and input and testing of the new regulatory reporting system.The main duties of the role as follows:· Produce monthly and quarterly regulatory reports accurately and within designated timelines.· Evaluate, establish, and uphold controls related to regulatory reporting, including data reconciliations, cross-checks, variance analysis, and investigations.· Coordinate with internal stakeholders to ensure the completeness, timeliness, and accuracy of regulatory and MI data feeds, financial information, and other inputs. Streamline processes for efficiency.· Support the implementation of a new regulatory reporting system to enhance automation.· Assist in developing and maintaining proper controls and robust documentation for all regulatory reporting.· Assist in the execution of new business/product changes and upcoming regulatory modifications.· Assist the Regulatory Accountant and Head of Regulatory Reporting in producing Pillar 3 disclosure, ICAAP, ILAAP and RRP documents. Including stress testing scenarios.· Enhance understanding of capital and liquidity reporting requirement documentation, controls and procedures.· Work closely with other team members of regulatory reporting team. RequirementsThe role is entry level and would suit candidates recently graduate up to 1 year industry experience. A keen desire to work in financial services is the most important attribute. Candidates are expected to be / have:· Analytical and hold strong numerical skills · Results focused with a positive can-do approach· Strong communicator with good stakeholder management skills· Excel proficient· Keen interest in financial products and finance sector· Interested in financial regulation and its impacts on regulated businesses· Articulate and able to share opinions/ develop ideas and opportunities· Report writing and updating procedures and controlsBenefits· 25 days annual leave entitlement plus 8 bank holidays · Pension scheme, 4% employer contribution · Private Medical Insurance · 60-40 Hybrid working after successful probation period · Training and development · Free gym access in the building