The role is full-time; however part-time applications would also be considered. For part-time arrangements, there is a requirement to work core hours from 3:30pm–5:00pm each day.
Salary £30,000 - £32,000
Regulatory Returns
- Regulatory Return Submission - Completing and submitting the Society’s Regulatory Returns for the FCA, PRA, Bank of England and HMRC, working collaboratively within the team and adhering to strict regulatory timetables.
- Regulatory Change Monitoring - Keeping up to date with regulatory developments affecting the Society and communicating relevant changes to the team.
- Regulatory System Oversight - Working with our external Regulatory Reporting system provider (Suade) to maintain accurate data, support system updates and complete regression testing on regulatory returns as required.
Finance
- Operational Updates - Supporting the operational teams (Mortgages, Savings) by updating systems for interest rate changes and new products launches, as required.
- Banking and Reconciliation Support - Assisting the Finance team with daily banking tasks, including sending payments, recording payment receipts, and reconciling transactions to the Society’s operational systems. This includes, but is not limited to:
- •Members’ savings deposits and withdrawals
- •Members’ mortgage payments and fees
- •Treasury investments and funding
- •Supplier invoices and Broker commission payments
- Daily Cash Management - Supporting the Finance team with the management of the Society’s daily cash requirements and transferring funds between our internal accounts to meet operational needs.
- Project Support – Contributing to Society-wide ad hoc projects as required.
Person Specification
Essential
- Problem-solving skills and the ability to take an analytical approach to data submissions and reconciliations.
- Strong numerical skills.
- Strong oral and written communication skills.
- Flexible and Adaptable, able to support the team as needed to cover sickness, holidays, or peaks in workload created by ad hoc requests from the regulator or project-work.
- The ability to follow very specific and detailed instructions in written format (i.e. the regulations and guidance from the Regulator).
- Curious and open-minded – we are after someone who will think creatively and constructively about the meaning of the numbers we work with, not simply to follow processes by rote.
- A moderate to advanced level of Excel ability.
Desirable
- An accounting qualification at Level 4 AAT or equivalent would be useful but not essential.
- A numerical or an analytical / problem-solving Level 3 qualification, such as Maths, Science, Engineering, Law.
- Experience in financial services would be beneficial, though a strong desire to learn our industry would be supported with training and guidance.
- Experience of SQL would be advantageous.