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Regulatory Reporting Accountant
Competitive Rate
6 Month Contract
London (Hybrid working)
HINV (HSBC Innovation Bank) is currently searching for a Regulatory Reporting Accountant to join their team to support production and delivery of regulatory returns while ensuring compliance with regulatory requirements and internal controls.
The position will be responsible for the complete, accurate and timely submission of HINV Solo COREP, Leverage, Large Exposures and Bank of England statistical reporting along with inputs into Group Consolidated reporting.
Responsibilities:
- Assist in the production of the COREP, Leverage and Large Exposure external Solo reporting and internal reporting of regulatory metrics
- Support the monthly preparation of other returns to the FCA
- Assist in the preparation of Bank of England Statistical Returns (BT, ELS, AD, AL, BE, CC, CA, CL and PL)
- Partner with cross functional teams addressing data, process, model, analytics and policy gaps involved in regulatory reporting.
- Liaise between multiple stakeholders ensuring accuracy, completeness and documentation framework for all reporting requirements.
- Review and challenge data inputs and outputs, ensuring regulatory information is prepared and disclosed consistently
- Operate regulatory reporting procedures and contribute towards process automation
- Ensure reporting issues are identified, escalated and tracked to conclusion according to company’s data quality oversight standards.
- Assist with documentation updates for Standard Operating Procedures (SOPs) and Assumption and Interpretation policies
- Maintain awareness of emerging issues and changing regulatory landscapes
- Monitor and stay knowledgeable of industry, regulatory, and accounting developments and issuance of new reporting requirement standards
- Assist in Basel 3.1 implementation activities
Experience / Skills Required:
- Previous experience in regulatory reporting within financial services industry essential
- Basel 3.1 / COREP / BoE Reporting experience
- Strong analytical and problem-solving skills
- Excellent attention to detail and accuracy
- Proficient in MS Excel and data analysis tools
- Strong written and verbal communication skills
- Ability to work effectively both independently and as part of a team
- Knowledge of UK regulatory framework and reporting requirements
- Knowledge of capital calculations, ratios, and related workings
If you are interested in this role, please do not hesitate to apply! Either apply direct or reach out at [email protected]. Please note that in the event of a high volume of applications, we will only be able to respond to successful candidates in the first instance.
