Regulatory Reporting Accountant
Tandem Money Limited, Queenstown, Blackpool
Regulatory Reporting Accountant
£65000
Tandem Money Limited, Queenstown, Blackpool
- Full time
- Permanent
- Onsite working
Posted 1 week ago, 12 Nov | Get your application in now before you're too late!
Closing date: Closing date not specified
job Ref: 4cc18b301ae84b4c8ae729c97cb67a8d
Full Job Description
Job Title: Regulatory Reporting Accountant Working Pattern: Monday to Friday, 36.25 hours per week Salary: 55,000 - 65,000 and up to 20% bonus and benefits Location: Flexible Embrace fully remote or hybrid work from any of our vibrant UK offices in London, Cardiff, Durham or Blackpool. At Tandem, we're not just a bank; we're a movement for positive change. If you're an ambitious and dedicated Regulatory Reporting Accountant, ready to make an impact, we've got a space with your name on it! The main purpose of the role is supporting the production and delivery of regulatory returns while ensuring compliance with regulatory requirements and internal controls. This position reports to the Regulatory Reporting Manager and works closely with the Head of Regulatory Reporting. We are Tandem - Where impact meets innovation Tandem is the UK's greener digital bank on a bold quest to revolutionise the way we save, borrow, spend, and share all while nurturing our planet, our people and our customers. As one of Europes fastest growing digital banks, our values of being Brave, Enterprising, Simple, and Together (BEST) ensure our 500-strong team collaborate to drive a brighter, greener future. Tandem also leads the way with a secondary app called Loop. Loop gives customers a simpler, hassle free and awkward free way to share money among friends. Your team: Collaborators in change Tandem is proud to offer a workplace with diverse experiences, perspectives, and backgrounds which leads to a unique company culture for our people and a better experience for our customers. Your Impact: Building a greener tomorrow As a Regulatory Reporting Accountant at Tandem your focus will be on: Core Regulatory Reporting Assist in the production of the full suite of regulatory reports (COREP, FINREP, PRA, BoE) 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) Maintain and update the horizon scanning tracker Support implementation of regulatory reporting automation initiatives Data Quality & Controls Review and challenge data inputs and outputs, ensuring regulatory information is prepared and disclosed consistently Operate daily regulatory reporting procedures and contribute towards process automation Support the maintenance of Operating Model documentation, processes, and procedures Assist in testing data extraction and quality of regulatory reporting Documentation & Support Support documentation updates for Standard Operating Procedures (SOPs) and Assumption and Interpretation Manuals Provide ad-hoc support for ICAAP, ILAAP, Recovery Plan, and Solvent Exit Analysis drafting Assist in Basel 3.1 implementation activities Support various regulatory surveys and ad-hoc requests Business Analysis & Development Help identify potential capital savings and liquidity generation opportunities when preparing regulatory returns Assist in reviewing business growth developments and assess their regulatory reporting impact Support training initiatives for business stakeholders on capital impacts of business decisions Contribute to regulatory reporting projects that feed into commercial business plans, Recruitment at Tandem works primarily on a direct sourcing model and does not accept resumes from recruitment agencies which are not on the preferred supplier list. We are not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company. You can find our Applicant Privacy Policy on our Careers page. Tandem is an equal opportunity employer and are committed to meeting our responsibilities under the Equality Act (2010). We respect the diverse experience and talents that every individual brings to our Company, and we are determined to ensure that no applicant or employee receives less favourable treatment on the grounds of gender, age, disability, religion, belief, sexual orientation, marital status, or race, or is disadvantaged by conditions or requirements which cannot be shown to be justifiable. Please be aware that background checking (including credit, criminal records and CIFAS Internal Fraud Database Checks) form part of our recruitment process. We will adhere to our duties under the Rehabilitation of Offenders Act 1974.
Bachelor's degree in Accounting, Finance, or related field Part-qualified or recently qualified accountant (ACCA/ACA/CIMA) Previous experience in regulatory reporting or financial services industry essential 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 Technical Knowledge Understanding of regulatory concepts and reporting requirements Knowledge of capital and liquidity calculations, ratios, and related workings Familiarity with regulatory reporting systems and tools Understanding of data quality and control principles
Apply now and let's pave the way to a greener world, together. Our approach to DE&I is reflected in our hiring process so please let us know if you require any reasonable adjustments. Sourcing Model
Rewards that reflect your value, whats in it for you? At Tandem, your hard work is rewarded in many ways and we have an enhanced employee benefits package on offer from your very first day with us: 25 days annual leave plus 8 days Bank Holiday An additional day off for a celebration day including, but not limited to, birthdays, weddings, religious holidays, graduations etc Buy or sell up to 5 days holiday a year Healthcare cash plan through Westfield Health worth a minimum of 750 per year Electric Vehicle salary sacrifice scheme Cycle to Work salary sacrifice scheme and a free helmet Salary sacrifice Pension contribution
- , 4% employee contributions matched with 4% Tandem contribution (Subject to salary eligibility) Smart Tech scheme (buy goods with 0% interest) 10% discount on solar panels Tandem Hub for treats, cash back and discounts on UK retailers 2 days per year paid volunteering Free cereal, snacks and drinks in all offices Quarterly team social budgets Our Green Deal: Your Impact Amplified A little welcome gift from us to you, well plant a tree in the Tandem Grove and you can enter into our Green Deal below: Volunteer 2 days a year for charity > receive an early Friday finish Raise 200 per annum for charity > Tandem provide PR and marketing support Have renewable energy at home > receive an additional 1 day annual leave Drive an electric car > receive 500 towards a home charger