Head of Reporting & Technical Accounting
Kraken- Full Time
- Senior (5 to 8 years)
Candidates should be a part-qualified or qualified accountant with experience working within financial services, possessing previous knowledge of regulatory reporting, including statistical reporting, capital reporting (COREP), liquidity reporting, and financial reporting (FINREP). Strong attention to detail and excellent Excel or Google Sheets skills are required, along with basic knowledge of SQL.
The Regulatory Reporting Analyst will produce timely, accurate, and complete regulatory reporting for Monzo’s regulators, including associated management information for sign-off. They will interpret and maintain regulatory interpretations, such as the PRA Rulebook and UK CRR, design and implement controls to ensure regulatory reporting accuracy and compliance, facilitate governance over regulatory reporting, implement and test new regulatory reporting tool releases, and partner with internal teams to provide regulatory reporting input into new product launches, ensuring reporting runs efficiently and leveraging data visualization tools for insights.
Digital-only banking platform for consumers
Monzo operates as a digital-only banking platform focused on providing a modern way for individuals to manage their finances. Its main product is a mobile app that allows users to track their income, spending, and savings easily. The app includes features that help users save money, such as automatically setting aside a portion of their paycheck or rounding up transactions to the nearest dollar. Monzo generates revenue through interest on deposits, fees for certain services, and interchange fees from card transactions, as well as offering overdrafts and personal loans. What sets Monzo apart from traditional banks is its real-time balance updates and instant spending notifications, which help users stay informed about their finances. The goal of Monzo is to provide a convenient, mobile-first banking experience that meets the needs of its growing customer base, which has surpassed 8 million users.