Regulatory Accountant

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The job holder will work within a team of eleven in the Group Regulatory Reporting team and will be responsible for ensuring accurate and timely submission of COREP (Common Reporting) data to the Prudential Regulatory Authority. We want individuals who take responsibility for their own outputs, ensuring they are accurate and of high quality, and who can work independently using their own initiative.

Strong written and oral communication skills and a good team player are required.

Schroders is a global investment manager helping institutions, intermediaries and individuals invest money to meet their goals, fulfil ambitions and prepare for the future. With around 6,000 people on six continents, Schroders has been around for over 200 years and adapts as society and technology change. Our commitment to helping clients and society prosper remains unchanged.

We moved into our new headquarters in the City of London in 2018. We are close to our clients in the heart of the UK’s financial centre and we provide flexibility for remote work.

The Group Regulatory Reporting team is split into two sub-teams: the Group Prudential Reporting team and the Group Prudential Risk Assessment team. The first is responsible for submitting prudent reporting and producing management information for senior management. The second produces Pillar 2 documents and associated frameworks.

• Collect, validate and analyse financial data from various sources to ensure compliance with regulatory requirements.
• Prepare and submit COREP reports to regulatory authorities in accordance with specified deadlines.
• Perform data reconciliations and resolve any discrepancies or issues identified.
• Conduct data quality checks and implement controls to ensure data integrity.
• Collaborate with internal stakeholders such as Finance, Treasury, Risk, and IT teams to gather necessary data and ensure data accuracy.
• Maintain and update reporting processes and templates in response to regulatory changes.
• Support regulatory reporting, process improvement, system enhancement, and data quality projects by working collaboratively with the team.
• Stay up to date with regulatory developments and industry best practices related to COREP reporting.
• Contribute to the maintenance and enhancement of internal controls over regulatory reporting.
• Provide support and guidance to other team members on COREP reporting requirements and processes.

• Strong knowledge of regulatory reporting requirements, particularly COREP.
• Proficiency in data management and manipulation capabilities (Excel, Power Bi skills, SQL) and reporting and analysis tools.
• Attention to detail and ability to work with large volumes of data.
• Excellent analytical and problem-solving skills.
• Strong understanding of financial products, risk management, and accounting principles.
• Familiarity with relevant regulatory frameworks (e.g. CRD IV, Basel III).
• Good communication and interpersonal skills to collaborate effectively with stakeholders.
• Ability to work under pressure and meet strict deadlines.

Our purpose is to provide excellent investment performance to clients through active management. Diversity of thought, facilitated by an inclusive culture, will allow us to make better decisions and better achieve our purpose. This is why inclusion and diversity are a strategic priority for us and why we are an equal opportunities employer. You are welcome here, regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background, or any other protected characteristic.

We’re a global investment manager helping institutions, intermediaries and individuals invest money to meet their goals, fulfil their ambitions, and prepare for the future. With around 6,000 people on six continents, we adapt as society and technology change. What doesn’t change is our commitment to helping our clients and society prosper.