Job Details

Job ID
Job Title
Regulatory Reporting Analyst
Position Type
Business Brand
PF Group Treasury
£50,000 - £60,000 depending on experience + benefits
About Us
We're PFG '“ A leading specialist bank and a FTSE 250 company who are one of the UK's leading suppliers of personal credit products to the non-standard lending market. We provide a portfolio of credit products designed to meet the particular needs of those who are not well serviced by mainstream lenders. Our core brands are Vanquis Bank and Moneybarn.
About the Role
What's the opportunity?

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 Reporting Analyst will be working within the Treasury Finance team. This team has overall responsibility for prudential reporting of capital, liquidity and market risk for the consolidated Group and its banking subsidiary (Vanquis Bank), including policy governance and control.

The role holder will have knowledge and experience of regulatory reporting, including the associated technical rules and guidance, and is required to monitor developments such as CRDV and '˜Basel IV' in addition to reacting to the challenges for firms arising from the significant increase in supervisory scrutiny over prudential regulatory reporting.

Key Responsibilities of a Regulatory Reporting Analyst:
  • 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 and FINREP 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.
Skills and Experience
What will it take to be a successful Regulatory Reporting Analyst?
  • Ability to work independently to deliver to deadlines
  • Strong organisational skills and the ability to meet deadlines.
  • Highly proficient in Excel, Word and PowerPoint.
  • 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
Desirable skills and experience:
  • 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
Why join Provident Financial Group?

The satisfaction of working for a successful and ethical business who are here to help people is a big benefit of joining us, but it is not the only one. We will invest in your development, giving you the support and training to become better and better at your job. We take the work/life balance seriously, with plenty of flexible working options. Working in a bright and refreshingly relaxed environment, you will find your opinions are valued and listened to.

On top of all this, we will give you a package including:
  • Competitive base salary and rewards
  • Discretionary annual bonus
  • 25 days annual leave entitlement (increasing with length of service)
  • Pension Scheme with company contributions
  • Private Medical Insurance
  • Extensive opportunities for personal and career development
  • Flexible and dynamic working policies
  • Colleague Perks at Work discount platform
  • Hybrid working considered
So why not apply to join PFG today?

Inclusion & Diversity Statement

We know that by having a better, more inclusive culture and a diverse group of colleagues, we can support our customers and each other in the best way possible. We also believe this goes a long way to helping us live our purpose and defines why we are here in the first place: to help put people on a path to a better everyday life.
We are an equal opportunities employer and we want people to join us no matter how they identify, their sexual orientation, marital or civil partner status, race, colour, nationality, ethnic or national origin, religion or belief, disability or age.

We want to attract and retain the best people. So, we make sure that, if people need it, they are given all the extra support and reasonable adjustments to take part in any part of our application or interview process. We have also got lots of colleagues who choose to work flexibly, so please feel free to talk to us about how you prefer to work at any time.

We think that if you can Be Yourself in the workplace, you will do your best work and enjoy being part of the team and as a business we get to benefit from that and to celebrate all the wonderful things that diversity brings.