Regulatory Reporting Analyst

Location Durham
Contract Type Permanent
Hours Full time

We’re Atom…

The bank that’s leading the fintech charge.

We’re not like the rest. We’re true innovators, and we’re redefining what a bank should be. Ours is a bank for today and the future, a mobile-first bank. Forget the stuffy branches, with Atom you can bank whenever, wherever, faster and simpler.

Based in Durham, we’re committed to bringing world-class career opportunities and developing a strong tech culture in the North East. Our team currently has over 400 brilliant people and is still growing; could you be the next innovator to join us?

We’re looking for mindful, empathetic and self-aware people to join our teams in Durham and London and help us innovate and disrupt the market with our cutting-edge, digital banking solution.

What’s it all about?

The Finance team sits at the heart of the bank, with sub-teams of Financial Reporting and Control, Financial Performance and Analysis, Regulatory Reporting and Treasury. They play a key role in planning and managing capital and liquidity and assessing financial performance. The team will lead the way as we work towards a listing on a public capital market.

The Regulatory Reporting team reports into our CFO and comprises a Regulatory Reporting Controller, a Regulatory Reporting Manager, and Regulatory Reporting Analyst. We are looking for another analyst to join our team and support both business-as-usual reporting as well as exciting projects to support our growing bank and implement the changing regulatory landscape into our reporting. The Regulatory Reporting team is our first line of defence.

The Regulatory Reporting team is responsible for timely and accurate delivery of all regulatory returns, including COREP, FINREP, liquidity reporting and other prudential reporting as well as statistical returns. Team members own individual returns from end to end, including source data gathering, return preparation, clearing first and second line reviews and submission. Returns are rotated within the team to provide exposure to the full suite of regulatory reporting. The team is also responsible for horizon scanning and regulatory research as well as ensuring the appropriate controls are embedded in processes and procedures.

What will your typical day look like? Different that’s for sure…

As a Regulatory Reporting Analyst at Atom bank, your responsibilities will include;

  • Contribution to the production and submission of all prudential and statistical regulatory returns, including but not limited to COREP, FINREP, LIQREP (e.g., LCR, ALMM, PRA110), Bank of England statistical reporting and other PRA returns.
  • Contribute to the continuous improvement of the control environment within Atom’s regulatory reporting framework.
  • Project work including UAT for automated production of regulatory reporting working with our third-party supplier.
  • Regulatory horizon scanning.
  • Being a subject matter expert of relevant reporting rules including interpretation of regulations, documentation of rationale and identifying the spirit and purpose of the rules.
  • Maintaining all supporting documentation including judgements, interpretations, processes and procedures.
  • Performing ad hoc analysis to support Atom stakeholders.

What do we need from you?

  • Demonstrable experience in a reporting role with tight non-negotiable deadlines.
  • Highly competent in Excel.
  • Very strong analytical and problem-solving skills.
  • Experience of manipulating high transactional volume data.
  • Strong written and verbal communication skills.
  • Comfortable with technical research, interpretation and translation.

What would we ideally like from you?

  • Financial services or regulatory reporting experience.
  • Exposure to data point modelling (DPM) highly desirable.
  • Experience of automating processes

What’s in it for you?

  • 4 day working week
  • Competitive Salary
  • Annual Share Option – performance related
  • Incredibly generous company pension scheme (maximum of 13% of Atom input – candidate can put in more)
  • ‘All About Me’ fund: £200 per year to spend on personal development
  • 25 days holiday + 8 statutory days (rising by half a day with every year in the company)
  • Private Medical Insurance for you and full family
  • Health Cash Plan – expenses paid on Optical/Dental/other appointments/treatments
  • Life Insurance – 4 times annual salary
  • Critical illness cover – 1 x lump sum annual salary
  • Cycle to work Scheme
  • Continuous development – professional qualifications
  • Challenging and exciting working environment

PLEASE NOTE: You must have the legal right to work in the UK to apply for this role as Atom bank are unable to support Visa Applications/Sponsorship. All roles within Atom must adhere to the Conduct Rules as set out by the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA).