Regulatory Reporting Associate
11 hours ago
Join our dynamic team as a Transaction Processing Manager in Market Operations, where you'll lead the charge in regulatory reporting implementation and drive ongoing remediation activities. Embrace the opportunity to work across a diverse range of products, ensuring compliance and excellence in every transaction. Be at the forefront of innovation and make a significant impact in the world of market operations
As a Transaction Processing Manager in Market Operations, you'll be responsible for regulatory reporting implementation and ongoing remediation activities, while covering various products.
Job Responsibilities:
- Be responsible for regulatory reporting implementation and ongoing remediation.
- Understand the regulatory requirements by collaborating with Legal, Compliance, Industry groups (ISDA/Equities industry groups/DTCC, etc.), and internal stakeholders.
- Establish the end-to-end control processes and data validation checks.
- Review and improve the end-to-end control process around the Regulatory Reporting agenda in Credit, Rates, and Equities.
- Establish a strategic attestation process on regulatory reporting for the jurisdictions already implemented to the business.
- Develop process and system enhancement recommendations.
- Work with business and Technology groups to prioritize the requirements by presenting the business case.
- Perform cost-benefit analysis to propose the optimum future process to the business.
- Successfully deliver a controlled environment of Regulatory Reporting.
- Ensure all controls and checks are completed by the end of the day.
Required qualifications, skills and capabilities:
- Strong understanding of Credit / Rates / Equity Derivatives products
- Strong understanding of Dodd Frank CFTC Trade Reporting and EMIR Trade Reporting
- Excellent business analysis skills to drill down the complex regulatory reporting requirements for multiple jurisdictions
- Understanding of the end-to-end transaction cycle for derivative products
- Ability to work in a high pressure environment with time-critical deliveries
- Control mindset to identify process control gaps, prioritize, and mitigate operational risk
- Effective stakeholder management
- Experience with investment banking environment is a must in Middle Office / Trade Support
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