Regulatory Reporting Operations Analyst
Role Overview
The role is in the Transaction Reporting Control Group (TRCG), a post-process quality assurance function.
TRCG validates the completeness, accuracy and timeliness of G20 transaction reports and related obligations.
The team prepares 41 transaction reports across US, UK, European and other global regulatory jurisdictions.
Automated real-time report processing and submission are monitored through a risk-based control framework.
The Submission Control function focuses on remediating exceptions received from trade repositories.
Key Skills for This Role
Full Job Posting
Role overview
The role is in the Transaction Reporting Control Group (TRCG), a post-process quality assurance function.
TRCG validates the completeness, accuracy and timeliness of G20 transaction reports and related obligations.
The team prepares 41 transaction reports across US, UK, European and other global regulatory jurisdictions.
Automated real-time report processing and submission are monitored through a risk-based control framework.
The Submission Control function focuses on remediating exceptions received from trade repositories.
Key responsibilities
- Monitor and resolve pre- and post-submission transaction reporting errors across jurisdictions, including EMIR and SFTR.
- Investigate issues, perform root cause analysis and escalate regulatory breaches to senior management as required.
- Partner with TRCG, Front Office, Technology, Compliance and other stakeholders to resolve issues.
- Define remediation requirements and manage the remediation effort through resolution.
- Produce and disseminate function-related management information, analysis and commentary.
- Analyze data to help answer internal, client and regulator enquiries.
- Participate in change management and business readiness for changes affecting transaction reporting.
- Drive process and control improvements through Operational Excellence and align reporting with global NFRR standards.
What the employer is looking for
- Experience in Banking Middle Office, Operations or another relevant function is ideal.
- Operational Excellence and process enhancement mindset.
- Strong communication across cross-functional stakeholders at varying seniority levels.
- Ability to conduct and review meaningful analysis on large datasets and provide insightful commentary.
Helpful skills
- Understanding of the regulatory trade and transaction reporting landscape is a plus.
- EMIR or SFTR experience is advantageous.
- Familiarity with reporting products including FX, Credit, Rates, Equities, Futures and Options is advantageous.
- Microsoft Office proficiency, including Excel and PowerPoint, is a plus; VBA is advantageous.
Benefits
- UK benefits include private healthcare for employees and family, an annual health screen, pension, life assurance and income protection.
- The posting also describes backup childcare and adult care and flexible benefits.
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