Finance Director - Financial Control and External Reporting
Bank of London is one of only six UK clearing banks with direct access to the country's payment systems. Built on modern, cloud-native technology, we provide businesses with secure, API-driven banking that's fast, compliant, and built for growth. Our role is simple: help ambitious businesses turn their plans into reality by removing barriers and simplifying complexity. If you want to work where technology meets banking, where security comes first, and where your work directly enables business ambition, you're in the right place.
This role will provide strategic leadership for the Bank of London’s financial control, external reporting, treasury risk oversight, and regulatory reporting, reporting to the CFO. Sets the multi‑year roadmap for a reliable, automated close, high‑quality statutory and group reporting, and forward‑looking prudential reporting to the PRA. Partners with Technology, Risk, Product, and Executives to ensure data integrity, scalable processes, and timely, decision‑ready insights.
Direct responsibilities:
- Financial reporting — accountable for the production and signoff of monthly accounts
- Treasury — accountable for the management of funding, liquidity, interest rate risk, and FX risks
- Regulatory reporting — accountable for delivery of regulatory returns to the PRA
Key responsibilities
- Set the strategy and own the month‑end close across legal entities, accelerating toward a faster, more automated close while ensuring timely, accurate management accounts and decision‑ready insights
- Lead preparation of annual statutory financial statements under UK IFRS for bank and consolidating group, coordinating external audit end‑to‑end
- Oversee consolidation, inter‑company, multi‑entity and multi‑currency accounting, with robust reconciliations and journals governance
- Maintain and enhance the financial control framework, policies, and SOX‑style control activities with clear ownership and testing cadence
- Treasury leadership: set and oversee frameworks for funding strategy, liquidity management, IRRBB and FX risk; ensure effective ALCO reporting and limit monitoring
- Ensure high‑quality, timely PRA regulatory reporting across capital, liquidity, and statistical returns; drive readiness for regulatory change
- Chair or contribute to governance forums as delegated by the CFO, including ALCO inputs, model governance, and change approval boards
- Own the finance data model and chart of accounts integrity in partnership with Technology; drive automation and close acceleration
- Sponsor finance systems improvements and implementations across GL, subledgers, treasury, and reporting tooling; ensure robust controls by design
- Lead ICAAP and ILAAP drafting and updates with Risk, including scenario design, stress testing methodology, management actions, and readiness for Basel 3.1 / CRR3
- Build collaborative relationships with regulators, internal audit, external audit, and key vendors; ensure proactive issue management and remediation
- Develop a high‑performing, distributed team culture with clear goals, coaching, and succession planning
Experience and qualifications
- Qualified accountant (ACA/ACCA/CIMA or equivalent) with substantial post‑qualification experience in banking
- Proven experience producing bank and consolidating group accounts under UK IFRS and leading external audits
- Hands‑on leadership of month‑end and year‑end cycles in a regulated financial services firm
- Track record managing treasury risk oversight across funding, liquidity, interest rate, and FX risk
- Ownership of regulatory returns to the PRA and familiarity with evolving prudential requirements
- Experience authoring ICAAP and ILAAP, including readiness for Basel 3.1 / CRR3, and running stress test modelling and analysis with clear interpretation for senior forums
- Demonstrated delivery of finance systems change and automation in partnership with IT (e.g., GL, consolidation, treasury, reporting)
Skills
- Expert knowledge of IFRS, consolidation, multi‑entity and multi‑currency close
- Strong understanding of prudential metrics and reporting expectations (capital and liquidity)
- Data‑driven mindset with comfort in tooling for reconciliations, analytics, and dashboards
- Proven track record of process automation would be beneficial, with any exposure to AI viewed positively
- Clear, concise communicator able to brief Boards, Regulators, and Executives
- Stakeholder leadership across Risk, Product, Technology, and Audit with strong negotiation and issue resolution
The ideal candidate will demonstrate;
- Clean external audit outcomes and timely statutory reporting
- Improved close timelines and automation of manual processes
- Evidenced effectiveness of the control environment and remediation of issues to plan
- On‑time, accurate month‑end and PRA submissions with zero material findings
- High engagement and retention across team
Diversity
Bank of London is an equal opportunity employer committed to inclusion, diversity and belonging. All qualified applicants are welcome and will receive consideration for employment without regard to race, colour, age, religion or religious expression, sex, sexual orientation, gender or gender identity and expression, transgender, national origin, or military veteran status.