Our Group Treasury function has an exciting opportunity for a Regulatory Reporting Analyst who will play a key role to support the Prudential reporting to the PRA, FCA and Bank of England and all the associated activities relating to this. This will include the preparation of the consolidated Group reporting and Vanquis Bank solo level reporting for consistency of output and best practice. The role will also include assisting in the preparation of Pillar 3 disclosures, the ICAAP, ILAAP and RRP.
The Group Regulatory Reporting Analyst will be working within the Treasury Finance team. This team has overall responsibility for prudential reporting of capital and liquidity for the consolidated Group and its banking subsidiary (Vanquis Bank), including policy governance and control.
The role holder would ideally have awareness of regulatory reporting, including the associated technical rules and guidance, and is required, in collaboration with their manager, to monitor regulatory developments in addition to reacting to the challenges for firms arising from the significant increase in supervisory scrutiny over prudential regulatory reporting.
Key Responsibilities:
Prepare the Group and Vanquis Bank monthly LCR and PRA110 reports, sourcing the required information for input in the software application and using technical knowledge and experience to analyse movements between reporting dates, for review by management.
Prepare the Group and Vanquis Bank quarterly COREP submissions, sourcing the required information for input in the software application and using technical knowledge and experience to analyse movements between reporting dates, for review by management.
Prepare any other reports for the Bank of England or PRA, as required, for review by management.
Support the preparation of the Group's annual consolidated Pillar 3 disclosures.
Support, as required, the annual ICAAP and ILAAP processes.
Prepare the reporting of regulatory measures for Group Treasury Committee, the Vanquis Bank ALCO and any other internal forums.
Support the development of the controls and processes around regulatory reporting preparation.
Work with the Manager Treasury Regulatory Reporting and other SMEs in the Group to identify the impact of prudential regulatory changes, advising Senior Management and supporting the business to adapt accordingly.
Contribute to the analysis of regulatory implications from any changes in product mix or balance sheet structure.
Keep up to date with developments in regulatory requirements.
Provide ad-hoc analysis as required.
Establish good working relationships with key internal stakeholders and external advisers.
Experience required:
Practical experience of the COREP, FINREP and other PRA prudential regulatory reporting requirements and associated governance and controls (relating to capital and liquidity) is desirable.
Demonstrable exposure to ICAAP, ILAAP, RRP and other prudential matters is advantageous.
Experience of workings with the VERMEG regulatory reporting software, or similar, would be advantageous.
Experience with governance and risk management frameworks and systems and controls supporting prudential regulatory requirement
Experience with Workiva would be advantageous
Highly proficient in Excel, Word, Power BI and PowerPoint.
Ability to work independently to deliver to deadlines
Strong organisational skills and the ability to meet deadlines.
Strong written/oral communication skills across colleagues at all level and an ability to explain complex information/regulation in an understandable way
Ability to influence and constructively challenge management or colleague views.
Ability to establish good relationships with key stakeholders
Ability to prioritise work as necessary to deliver to tight deadlines
Process-oriented with strong attention to detail
The Company
At Vanquis, we've been empowering lives since 1880. As a FTSE All Share company and leading specialist bank, we lend responsibly to over 1.69 million UK customers.
We're just as committed to our colleagues as we are to our customers, offering competitive salaries, comprehensive benefits, and recognition schemes. With pension plans, our 'Buy as You Earn' scheme, and ongoing training opportunities, we create a supportive environment where you can grow and thrive.
Bring your authentic self, find your voice, and build your career with us--because at Vanquis, we believe in making the most of life's opportunities.
The Benefits
Competitive base salary and rewards
Private Medical Insurance
25 days holiday entitlement
one day accrued for each year of service (max 30 days)
Defined contribution pension scheme
Discretionary bonus scheme
Perks at Work
A perks platform of over 30,000 unique discounts
Volunteering
2 paid days to support a charity of your choice
Flexible, hybrid, & dynamic working policies
Personal & career development opportunities
Monthly and Quarterly Colleague Socials
Discounted gym membership
BUPA GP Service
Workplace Gallery
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