ICARA & ICAAP Reporting Accountant
  • England,London
  • full-time
  • £500.00 - £800.00 per day
Job Description:
Job Title: ICARA/ILAAP & ICAAP Project Lead
Location: West London (3 days in the office per week)
Contract: 6-Month Interim Contract
Day Rate: £600 - £800 per day

An established trading and brokerage company, currently undergoing a significant transformation and restructuring, is seeking a qualified ICARA/ILAAP & ICAAP Project Lead to support their finance and risk management transformation efforts.

This role will be instrumental in a three-phase, six-month project aimed at enhancing regulatory compliance and strengthening risk frameworks. The successful candidate will work closely with the CFO and Transformation Lead to assess the current state of ICARA/ILAAP and ICAAP processes, develop actionable improvement plans, and oversee the execution of these plans.

This position offers a unique opportunity to contribute to a high-impact project within a fast-paced environment, focusing on ICARA/ILAAP and ICAAP, with a specific emphasis on commodities products, k-factors, and regulatory standards.

Project Phases & Key Responsibilities *Phase 1: "As Is" Assessment & Gap Analysis
*Conduct a comprehensive assessment of current ICARA, ILAAP, and ICAAP frameworks and processes.
*Identify gaps in compliance, risk management, and reporting accuracy relative to regulatory standards.
*Document findings and present a detailed analysis to the CFO and transformation team, including areas for improvement and potential risks.

*Phase 2: Planning & Strategy Development
*Collaborate with the CFO and Transformation Lead to develop a strategic plan based on Phase 1 findings.
*Define a roadmap for implementation, outlining key milestones, resource requirements, and timelines.
*Develop a risk-mitigation strategy to address identified gaps and align the project with organizational objectives.

*Phase 3: Execution, Implementation & Training
*Lead the implementation of the strategic plan, ensuring that all regulatory and operational requirements are met.
*Provide hands-on guidance and training to ensure team members understand and can maintain the updated ICARA framework.
*Establish processes for continuous improvement and ensure the ICARA/ILAAP report remains current and in compliance with evolving regulatory requirements.

Essential Qualifications and Skills *Qualifications: ACA, ACCA, CIMA, or equivalent qualification.
*Experience: Demonstrated experience in ICARA/ILAAP and ICAAP projects within financial services, brokerage, trading, or fintech environment will be highly desirable and advantageous 
*Technical Skills: Strong understanding of regulatory compliance frameworks, especially relating to ICARA/ILAAP and ICAAP, commodities products, and k-factors.
*Analytical & Problem-Solving Skills: Ability to conduct gap analysis, develop strategic plans, and execute high-quality implementation within tight timelines.
*Project Management: Proven track record of managing complex finance and compliance projects, with an ability to lead teams and influence senior stakeholders.
*Communication & Collaboration: Strong interpersonal skills for effective collaboration with the CFO, transformation lead, and broader finance and compliance teams.
Additional Information *Working Arrangements: Hybrid role, with three days required in the West London office.
*Contract Length: Initial six-month term with potential for extension based on project progress.
This role offers an exciting opportunity to influence the transformation of finance and risk functions within a dynamic financial services company. Ideal candidates will be hands-on, detail-oriented, and comfortable in high-impact roles within a fast-paced environment.

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Job number 1694619
metapel
Company Details:
Absolute Recruit
Company size: 10–19 employees
Industry: Accountancy
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