Regulatory Reporting Analyst

Team Finance

Location Holborn Office

County Central London

Ref # 21501

Closing Date 03-May-2024

We have been awarded the “Most Loved Workplace”! At Metro Bank, people come first – our culture is all about bringing the best out in our colleagues, and making sure everyone feels valued, respected, seen and included. We strongly believe in a diverse and inclusive workplace and to find the very best person for the job, we always look across a wide range of diverse communities.   

 What you will do:
 

•   Help to deliver both COREP and FINREP returns to the Banks regulators – Prudential Regulation Authority (PRA), Bank of England (BOE) and the Financial Conduct authority (FCA)

•   Support other members of the Regulatory Reporting teams (Change and Interpretations) as well as Financial Reporting, Credit Risk, Treasury, Internal Audit and other Risk teams to ensure that accurate reporting is produced by the Bank in an efficient and effective manner

•   Ensure first and second lines of defence senior management are provided with sufficient detail to support their review, challenge and approval

•   Assess the impact of Regulatory Reporting changes on Metro Bank

•   Ensure that returns are reviewed to a high standard and subject to appropriate review and challenge.  This will include reconciliation reviews in a timely manner such that we meet the deadlines imposed by the regulator

•   Make sure, the Bank’s risk framework is robustly applied, with processes documented, risks identified, controlled and mitigated and escalated where appropriate 

 And... we are a bank so risk is a part of everything we do. We love people who take responsibility, do the right thing for customers, colleagues and Metro Bank and have the ability to call out any concerns.

 What you will need: 
 

 

•   Understand the risks associated with your job and what that means for you, Metro Bank and all our stakeholders

•   Analytical skills to review reconciliations and reports. Strong attention to detail is required as these reports are sent to the Bank’s regulatory supervisor

•   Knowledge of Microsoft Excel to manage large datasets 

•   Ability to analyse and explain reports

•   Experience of Identifying risks to Regulatory Reporting and escalating where appropriate

•   Ability to support the team in meeting the strict deadlines imposed by the regulator to make sure we meet our reporting deadlines 

•   Experience of supporting a variety of stakeholders 

 Our promise to you…
 

•    We will make sure that you are well-rewarded by providing you with a competitive salary, discretionary annual bonus, and a wide range of benefits, including generous holiday allowance, attractive pension scheme, healthcare, life assurance, and a number of colleague discounts! 

•   We will give you the training to ensure you succeed in your role and plenty of internal opportunities to progress your career (around 40% of our recruitment comes from internal promotions!). 

•   We are also all about balance so most of our jobs offer the opportunity for hybrid working built around your role and home life, wherever possible.

Important Footnote

Diverse teams really are the best teams. We know that candidates (especially women, research tells us) may be put off applying for a job unless they can tick every box.  We also know that ‘normal’ office hours aren’t always doable, and while we can’t accommodate every flexible working request we are happy to be asked.  So if you are excited about working with us and think you can do much of what we are looking for but aren’t sure if you are 100% there yet… why not give it a whirl? Please note that sometimes we may close a job earlier for applications if we are inundated with amazing candidates.. Good luck!