Regulatory Reporting Accountant

Employment type: Full-time, permanent position.

Salary: £45,000 – £50,000 depending on experience

Working hours: 35 hours per week, worked flexibly.

Reports to: Head of ALM & Regulatory Reporting

Direct Reports: None

The Organisation

Leek Building Society is an award winning, highly admired, local mutual building society that is owned and trusted by its members. We were ranked in the top 10 of UK employers in the Inspiring Workplaces Awards 2024, and we’re on a mission to become even stronger.

We’re a great place to work, with an exceptional culture – in a recent staff survey, 97% of colleagues said that they were proud to work for Leek Building Society. We’ve been crowned as Staffordshire’s Employer of the Year for 2023, and have been recognised as having the best approach to health & wellbeing in the UK in the 2023 CIPD awards. We’re also a socially responsible, inclusive employer, deeply committed to ensuring that everyone is supported to perform at their best.

You’ll be joining the business at a fantastic time of growth, with a transformational investment in our systems, people and processes to put our customers at the heart of everything we do.

Job Purpose & Scope

The role holder will be responsible for preparing capital, liquidity and all other Finance owned regulatory returns, including the maintenance and development of the spreadsheets that underpin the Society’s regulatory reporting processes, ensuring that the relevant systems are maintained appropriately. The role will also include ensuring that all controls around regulatory reporting are embedded and operating effectively.

Duties And Key Responsibilities

Main areas of work

• Prepare Finance owned regulatory returns, including PRA and Bank of England returns, ensuring accurate, timely and consistent reporting to regulators.
• Maintain, and develop where necessary, robust spreadsheets supporting the calculation of regulatory returns and ensure appropriate change management controls are adhered to.
• Ensure that the control framework around regulatory reporting operates effectively.
• Attend and take minutes of monthly Regulatory Reporting Forum.
• Understand and maintain the regulatory reporting functionality of the reporting system.
• Prepare and develop monthly spreadsheets supporting capital, liquidity, and other management reporting of regulatory reporting metrics.
• Maintain key judgment and interpretation documentation for all relevant regulatory reporting.
• Confirm treasury and derivative transactions on Treasury Management System.
• Carry out other duties as required which may involve other areas of Finance responsibility.

To carry out any other duties as may reasonably be required

Person Specification

Qualifications & Knowledge

• Achieved a relevant accounting qualification.
• Demonstrable IT skills with advanced working knowledge of MS Excel.

Experience

• Experience of working within a Finance function.
• Experience of working in a financial services organisation would be advantageous but is not a requirement.

Skills & Abilities

• Highly self-disciplined and proactive individual who can deliver quality output to an agreed timeline.
• Analytical mindset with strong attention to detail.
• Logical, structured approach to problem solving.
• Clear and concise communication skills.
• Ability to work on own initiative or as part of a team.

Other Requirements

• Able to display the Society’s deep-rooted values at all times.
• Flexible and proactive while demanding high standards of self and others.
• A Standard DBS check will be undertaken upon an offer of employment.

What Benefits Are On Offer

• Competitive salary rates
• 35 hour working week (full-time)
• Contributory Stakeholder Pension Scheme
• Free health screening
• Minimum of 23 days paid holiday per annum plus bank and public holidays
• Parental Schemes
• Sick Pay guaranteed for 6 months for major illnesses
• Holiday purchase/sale scheme
• Life assurance of 4 times your annual salary
• Employee assistance programme
• Continuous development opportunities
• We’re open to discussing working flexibly
• Onsite gym available to employees

If the above sounds like something you’d thrive at, we’d love to hear from you