Über diese Head of Regulatory Reporting Stelle bei LHV Bank
LHV Bank Limited is a UK-licensed bank operating across three core business segments: Retail Banking, SME Lending, and Banking Services (BaaS). The bank is a wholly owned subsidiary of LHV Group, a listed financial services provider headquartered in Estonia. LHV Bank operates under a full UK banking licence granted in May 2023.
The Bank supports over 200 fintech clients with embedded financial infrastructure, provides retail savings products via digital channels, and offers SME credit solutions across the UK. In line with its regulatory responsibilities and growth ambitions, LHV Bank is committed to maintaining a robust and proportionate financial crime control environment.
Expanding our services, LHV Bank now provides personal banking solutions. Our offerings include current accounts with competitive interest rates, fixed-rate bonds for long-term savings, and debit cards. Customers can conveniently access these services through the LHV App, enabling secure account opening and management.
Background
We are seeking an experienced regulatory reporting professional to take hands-on ownership of the regulatory reporting function at LHV Bank Limited. This is a key opportunity to shape and lead the continued development of a robust and efficient reporting framework, ensuring the Bank meets its regulatory obligations to the highest standards.
The role will suit an individual with extensive technical expertise in regulatory reporting, a strong understanding of the evolving regulatory landscape and the ability to translate complex requirements into effective reporting processes and controls. The position requires direct involvement in the end-to-end regulatory reporting lifecycle, alongside responsibility for managing one direct report. The successful candidate will play a central role in strengthening the Bank’s reporting framework, enhancing governance and driving continuous improvement.
Key Responsibilities:
- Own the preparation, review and submission of the Bank's PRA and Bank of England regulatory returns.
- Maintain a strong regulatory reporting control framework, including reconciliations, review processes, documentation and data lineage.
- Monitor regulatory developments and ensure changes are appropriately reflected in reporting processes, including Basel 3.1.
- Lead the implementation and continued development of the Bank's regulatory reporting system, reducing reliance on manual and spreadsheet-based processes.
- Work closely with Treasury, Risk and FP&A to ensure consistency between regulatory reporting, capital planning, ICAAP and wider balance sheet management.
- Provide analysis of regulatory capital, RWAs and other key prudential metrics to senior management.
- Provide regulatory reporting input into new products, transactions and material balance sheet changes.
- Act as a key point of contact for regulatory reporting matters with senior management, auditors and regulators.
- Lead and develop the regulatory reporting team and promote strong ownership of regulatory data and controls across the Bank.
Skills & Experience:
- Strong regulatory reporting experience and detailed understanding of prudential regulations.
- Strong analytical and numeracy skills, mixed with a desire and ability to leverage technology for automation.
- Strong time management and attention to detail.
- Someone who can operate to a high standard in a dynamic professional environment.
- Qualified accountant – ACA, ACCA, CIMA or equivalent, with experience working within financial services.
- Experience at a senior level of regulatory reporting and policy management.
Some of our benefits (only applicable to UK based roles not Internship programmes)
- Competitive salary &lots of opportunities to learn, grow and progress professionally.
- Open and inclusive culture.
- Hybrid working.
- Fantastic offices and great working environment.
- Vitality Health Plan (includes private health insurance, travel insurance, gym discounts)
- Health cash Plan (Medicash health plan Level 3)
- 6% employer pension contribution.
- Life assurance – 4 x salary.
- Income protection insurance – 75%
- 28 days holiday plus 3 additional days, & further days for various key life events as well as the opportunity to sell up to 5 days per calendar year.
- Swap public/bank holidays each year for alternative days that align with your personal, cultural, or religious observances.
- Enhanced family friendly and family forming policies.
- Access to a wide range of retail discounts.
- Team Socials.