Regulatory Reporting Assistant

Role purpose

We are seeking a detail-oriented and motivated Regulatory Reporting Assistant to join our Finance team within this Shariah-Compliant Bank. In this role, you will support the preparation of regulatory returns, streamline processes through automation, and contribute to financial reporting activities. You will play a key role in ensuring compliance with regulatory requirements and maintaining robust financial controls.

Key responsibilities

• Prepare daily reports, including LCR, NSFR, and the Daily Dashboard.
• Circulate Capital and Liquidity reports internally.

Regulatory Reporting:

• Assist in preparing monthly, quarterly, annual, and ad hoc regulatory returns.
• Conduct balance sheet analysis and variance analysis.
• Review IFRS 9 ECL data in relation to the balance sheet.
• Support project initiatives to automate balance sheet analysis and enhance data quality.
• Develop and document procedures and assumptions for regulatory reporting.
• Contribute to month-end, quarter-end, and year-end processes, including adjustments and reconciliations.
• Prepare reconciliations for deposits movements and other financial records.
• Assist in preparing the ALCO pack.

Project Support:

• Drive automation and process improvements across financial reporting and regulatory returns.
• Participate in ad hoc investigations and data analysis as required.
• Ensure financial controls are implemented and maintained to uphold a strong control environment.
• Collaborate with the Finance team and other departments to address queries and ensure accurate reporting.

Key Skills required

• Experience in a financial services environment.
• Familiarity with regulatory reporting concepts.
• Strong attention to detail and analytical skills.
• Ability to manage strict deadlines and handle multiple tasks effectively.
• Proficient in Excel and financial ledger systems.
• Demonstrated problem-solving and organisational abilities.

Additional Details

We offer highly attractive reward package; the typical benefits include:

25 days holiday entitlement increasing with service

Pension Plan

Private Medical Insurance

Dental Cover

Income Protection

Life Assurance

Employee Referral Bonus

If you have an interest in this area of work and are looking to move onwards in your career, send your CV for a quick response!