Prudential Regulatory Accountant at DRW

London, England, United Kingdom

DRW Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, TradingIndustries

Requirements

  • Qualified accountant or CFA with a minimum of 5 years PQE with experience in financial services, proprietary trading experience preferred
  • Clear understanding of IFPR, IFR/IFD and CRR/CRD
  • Strong financial products knowledge
  • Experience in working with regulatory reporting software and data flows
  • Strong analytical and Excel skills with the ability to work effectively with large data sets to produce high quality reporting
  • Knowledge of industry standards, legislation and regulation relating to prudential and financial risk management
  • Excellent organizational skills and strong attention to detail
  • Outstanding written and verbal communication skills

Responsibilities

  • Daily reporting and monitoring of capital adequacy and key ratios
  • Preparation and submission of quarterly regulatory returns for EU and UK regulated entities
  • Maintain reporting framework with data validations, reconciliations and variance analysis
  • Produce key management information and provide ad-hoc updates to senior leaders
  • Work closely with development team to enhance the regulatory reporting
  • Responding to queries by the regulator in relation to prudential reporting
  • Work closely with the business on new business initiatives and assess the impact of new products and trade flows
  • Stay updated on changes to relevant prudential regulations and assess impact to the business
  • Maintain supporting documentation and work on continuously improve existing reporting framework
  • Contribute to key regulatory prudential documents
  • Work closely with other DRW teams including Treasury, Risk and Compliance

Skills

Regulatory Reporting
Capital Adequacy
Financial Reporting
Data Validation
Reconciliations
Variance Analysis
Prudential Regulations
Regulatory Returns
Excel
SQL

DRW

Proprietary trading and risk management firm

About DRW

RGM Advisors engages in proprietary trading using its own capital to operate in various financial markets. The firm focuses on developing trading strategies that utilize advanced technology and data analytics to manage risk and pursue high returns. By serving institutional clients such as hedge funds and investment banks, RGM Advisors maintains a flexible business model that allows it to trade its own money, rather than clients' funds. This approach enables better risk management and the ability to generate revenue through trading profits, achieved by employing sophisticated algorithms and market-making strategies. RGM Advisors is distinguished by its global presence and its commitment to attracting top talent, providing them with the tools needed to excel and rewarding exceptional performance.

Chicago, IllinoisHeadquarters
2001Year Founded
M_AND_ACompany Stage
Quantitative Finance, Financial ServicesIndustries
1,001-5,000Employees

Benefits

Daily catered breakfast & lunch
Massages
Social events
Gym subsidy
Flexible work arrangements
Monthly tastings
Game room
On-site yoga classes and meditation
Employee led affinity groups
Mentor/mentee outings
Trivia nights
Educational opportunities
DRW-sponsored sports teams
Poker tournament
Private mother's suite

Risks

Increased competition from algorithmic trading firms may erode DRW's market share.
Cryptocurrency market volatility poses risks to DRW's crypto-assets strategy.
Talent war in tech and finance sectors may impact DRW's ability to retain top talent.

Differentiation

DRW combines technology, research, and risk management for diversified trading opportunities.
They operate using their own capital, allowing quick pivots to capture opportunities.
DRW has expanded into real estate, venture capital, and crypto-assets.

Upsides

Machine learning algorithms enhance predictive accuracy and risk management in trading.
DeFi platforms offer new opportunities for higher returns in crypto-assets.
Quantum computing revolutionizes trading strategies with faster, complex data analysis.

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