Regulatory Reporting Expert
3 days ago
We are seeking a seasoned Regulatory Reporting expert to join our Global Markets India team as Vice President. This role will oversee the development and implementation of optimal regulatory reporting processes, ensuring compliance with global regulations such as MiFID II and EMIR. The ideal candidate will have a strong background in risk management, compliance, and audit, with experience working under tight deadlines and managing multiple deliverables.
About the Role
As a key member of our team, you will be responsible for providing program oversight for key regulatory reporting initiatives, identifying risks and issues, and collaborating with senior management to develop mitigation strategies. You will also work closely with external counterparties and industry forums to improve our internal regulatory reporting program and provide subject matter expertise to internal parties. Your ability to interpret regulatory text, design optimal regulatory reporting processes, and drive root cause analysis and solution design will be essential to your success in this role.
Key Responsibilities
- Address day-to-day operational issues and escalations
- Liaise with project teams and IT on projects/initiatives impacting operations for operational readiness and preparation
- Provide program oversight for key regulatory reporting initiatives, succinctly raising risks and issues to senior management timely, and helping to properly mitigate and/or remediate
- Liaise with external counterparties and industry forums to improve internal regulatory reporting program and provide subject matter expertise to internal parties
- Interpret regulatory text and work with the business and technology teams to support regulatory reporting change initiatives on behalf of the firm
- Oversee the development and design of optimal regulatory reporting processes, coordinating with key stakeholders across the organization to ensure regulatory reporting deliverables are implemented accurately, timely and incorporating best practices
- Drive root cause analysis, gap analysis, requirement gathering, solution design and produce business requirement documentation
- Ensure changes that could impact regulatory reporting obligations follow the defined governance and control framework
- Lead prioritization discussions with key stakeholders and delivery leads, drive system enhancement pipeline
- Support the 'Risk Excellence' culture within the business
- Perform additional responsibilities as required
Requirements
- Strong risk mitigation, problem solving, and decision making skills
- Ability to think critically and resolve complex problems
- Experience working under tight deadlines with multiple deliverables
- Strong project/process management, and organizational skills
- Exhibit superior problem solving and analytical thinking, innovation and thought leadership
- Stay current with emerging trends to support business growth and transformation
- BS, BA, BBA or equivalent work experience
- 16+ years in regulatory reporting, risk management, compliance, audit, control experience preferred
- Regulatory reporting awareness and exposure to MiFID II, EMIR, CFTC, or APAC regulators is preferred
- Previous management experience, management experience in a global organization a plus
- Knowledge of industry regulatory requirements
- Proficiency in Microsoft Office applications – PP, Teams, Word, Excel, Access
Salary Range
$150,000 - $200,000 per annum, depending on qualifications and experience
Benefits
- Competitive salary and benefits package
- Opportunities for career growth and professional development
- Collaborative and dynamic work environment
- Flexible work arrangements and employee wellness programs
How to Apply
If you are a motivated and experienced Regulatory Reporting professional looking to take your career to the next level, please submit your application, including your resume and a cover letter, to State Street's careers website.
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