Global Banking & Markets, Operations, Regulatory Reporting - Trade Level, Associate, London
- London
- Permanent
- Full-time
REGULATORY OPERATIONSRegulatory Operations is a global team that ensures that the firm is compliant with a wide range of non-financial regulatory reporting obligations. We partner with groups across the firm and industry to accurately represent firm and client order, execution and position information to regulators across a wide range of traded financial products and businesses. Our team prides itself on best-in class operational design and delivery of high-quality controls to manage regulatory risk. From day one, team members play a vital role in upholding the three Operations principles of client focus, process innovation and risk management.HOW YOU WILL FULFILL YOUR POTENTIAL
- Contribute to the execution of non-financial regulatory reporting obligations and develop subject matter expertise
- Perform analysis to detect anomalies in the reporting data, investigate reporting issues demonstrating aptitude to work with range of data sets from big data to samples
- Advise on regulatory risk and requirements to facilitate commercial activity,
- Analyze internal client and external regulatory inquiries,
- Identify solutions to correct system issues, document requirements to high quality, perform tests to identify an accurate resolution
- Perform verification, validations and testing of the data provided by Engineering prior to submission,
- Actively participate in the development of the strategic control framework for Regulatory Operations
- Work collaboratively across multiple business lines and stakeholder groups in strategic initiatives across the global Regulatory Operations department
- Develop strong working relationships both internally including the Front Office and Middle Office Technology, Legal, Compliance and externally to support various reporting functions
- Participate in and influence discussions in external forums to improve and develop consistent reporting standards in the industry
BASIC QUALIFICATIONS
- Bachelor's degree with experience in financial services.
- Strong analytical skills with an ability to understand complex workflows paired with meticulous attention to detail,
- Strong communication skills to clearly articulate issues and ideas and provide timely escalation,
- Good interpersonal skills to build strong relationships with key stakeholders within and outside of Operations,
- Good influencing skills to work with the Operations team in challenging the status quo and continuously enhancing the control environment required,
- Self-motivated and proactive team player, who takes ownership and accountability of projects, has strong organizational skills as well as the ability to effectively manage competing priorities within deadlines
- Good understanding of and practical experience of writing business requirements, identifying solutions and defining and executing test cases
- Working knowledge of financial markets, regulatory landscape and associated processes, including the lifecycle of a trade
- Experience with regulatory reporting, in particular MiFID, EMIR, SFTR or similar global non-financial regulatory reporting obligations.
- Flexible and able to work well under pressure in a team environment.
- Proficiency in Microsoft Office applications
- Active interest in understanding and learning about the global financial market
- Experience in an Operations Control Environment,
- Experience participating in large-scale regulatory reporting implementation projects
- Working knowledge of financial products across securities, exchange traded derivatives and OTC Derivatives across Equity, Credit, Interest Rates, FX and Commodities.
- Understanding of Margin and Valuation processes and regulatory reporting requirements
- Experience participating in discussions and influencing outcomes in industry groups
- Working knowledge of project management and business analysis,
- Working experience with operating on large data sets and BI tools. SQL and/or Alteryx experience is advantageous.