Regulatory Monitoring Associate

As a Transaction Processing Manager in Market Operations, you'll be responsible for regulatory reporting implementation and ongoing remediation activities, while covering various products.

Responsibilities:

• Responsible for regulatory reporting implementation and ongoing remediation
• Understand the regulatory requirements working with Legal / Compliance / Industry (ISDA/Equities industry groups/DTCC etc.) and internal stakeholders
• Establish the end-to-end control processes
• Review and improve the end-to-end control process around the Regulatory Reporting agenda in Credit / Rates / 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 group to prioritize the requirements by presenting the business case
• Perform cost benefit analysis to propose optimum future process to the businessS
• Successfully deliver controlled environment of Regulatory Reporting
• Ensure all controls and checks are completed by the end of day

This role requires a wide variety of strengths and capabilities, including:

• 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
• Excellent problem solving skills in order to identify, understand, and address operational and technical issues
• Strong communication skills, both written and verbal, including the ability to develop relationships across the various stakeholders including Senior Business executives
• Self-motivated and ability to deliver with minimal supervision
• 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, preferably in Middle Office / Trade Support
• Bachelor’s degree, Finance / Economics or other related disciplines is preferred
• Strong proficiency in Microsoft Office