Prudential Regulatory Reporting Analyst

SALARY:  From£56,816 to £71,000 pa dependent on experience

LOCATION: Milton Keynes

HYBRID WORKING: Our current hybrid working policy requires 20% of working time to be based in the Milton Keynes office however flexibility is expected to meet the needs of the business and the role.

HOURS / CONTRACT TYPE 35 hrs p/w full-time permanent

CLOSING DATE: Friday 5th September We reserve the right to close the advert earlier If we receive a high volume of applications.

We’re looking for a Prudential & Regulatory Reporting Analyst.  You will play a pivotal role as a key senior technical advisor to the Prudential & Regulatory Reporting Manager for regulatory reporting and wider financial data requirements for VWFS and VW Bank in the UK and Europe

In this specialist role, your focus will be to provide analytical and strategic advice on Regulatory report submissions, change, data quality and in particular, the implementation of our new software reporting tool

What you’ll be doing:

You’ll be an accomplished manager who can drive performance of your team through coaching and development through inclusive leadership 

You’ll have a solid grounding in Banking Regulatory Capital Reporting (COREP) and a great understanding of IFRS accounting requirements for credit products and have used Regulatory Reporting Software package(s)

Essential experience & skills

• You’re able to effectively review complex portfolio analyses across high volume data sets and extract meaningful regulatory reporting insights
• You have strong IT skills in some or all of MS Excel, SQL Server, Web Intelligence and Tableau which you use to analyse big data, gain insights, present findings and transform data
• You’re a confident communicator and can convey complex concepts and calculations and, collaborate with Finance and a variety of audiences of non-Finance colleagues at all levels
• You’re great at utilising your networking skills to elicit key business knowledge and can influence key internal and external stakeholders
• You can take a strategic view and understand the wider vision and interdependencies between functions to inform your decision making
• It would be great if you had Structured Finance knowledge, thorough understanding of a Captive Automotive Financial Services organisation with knowledge of market risks within Finance and Leasing products
• If you’re a qualified accountant or have a similar professional qualification this would be a great help

What’s in it for you?

Bonus: Discretionary 10% on-target bonus (based on personal and Group company performance)

Pension:  Employer pension contribution of 9% (based on employee contribution of 3%). VWFS will pay 6% if employee chooses a 2% employee contribution.

Car schemes*: Choice of Employee Car Ownership (ECO) scheme for petrol/diesel and hybrid vehicles plus car insurance  

OR Company Car scheme for Battery Electric Vehicles (BEVs) plus car insurance cover for you and a partner/eligible family member.

Other benefits: From day 1 we provide income protection, life assurance (4x salary), retail discount vouchers, access to Care Concierge (a service to support carers of adults), along with other salary sacrifice options including a will writing service and cycle to work (subject to scheme restrictions).

Following successful completion of probation, you will have access to private medical insurance for you (with the option to buy additional family cover),  access to our loan car scheme for up to 2 cars for your partner or eligible family members (subject to scheme restrictions) and during our annual benefit window you can purchase critical illness cover and dental cover, so you can select the benefits that matter to you.

We invest in our people and are passionate about driving development. You’ll have access to LinkedIn Learning via our Degreed platform as well as a host of professional development programmes and opportunities to build your technical and soft skills so you can further develop your career. We also offer mentoring schemes and reciprocal partnerships recognising that we can all learn from each other in the flow of work.

Why join VWFS UK?

You’ll have the opportunity to make a difference through your responsibilities that span Volkswagen Financial Services UK, VW Bank UK helping us to achieve our mission.

Our mission is straight forward; we want to be 'The Key to Mobility'. That means we make getting from A-to-B as easy and simple for as many people as possible. To truly meet the mobility needs of people in a changing world, our offering goes beyond traditional vehicle financing. We do this by providing a range of finance and aftersales products on Volkswagen Group vehicles, as well as developing innovative mobility products designed to solve real problems and support our customers.

No candidate will meet every single desired qualification. If your experience looks a little different from what we've identified and you think you can bring value to the role, we'd love to learn more about you!

VWFS is proud to be an inclusive employer and encourages applications from a diverse range of candidates. Diversity, Equity & Inclusion isn’t just a statement for us, we encourage and aspire for all our colleagues to be their 100% self. If you need any reasonable adjustments to assist you with the application and/or recruitment processes, please contact our Resourcing Team.