Basic Purpose of Role:
Street Global Advisors' Operations department, the Regulatory Reporting Team mission is to provide knowledgeable and professional operational service, through collaboration and clear thinking. The team plays a critical role in ensuring the company is compliant with regulatory requirements and industry standards. The primary purpose of the role is to monitor, analyze and report transactions to the concerned regulators or Trade repositories, ensure timely resolution and escalation on breaks and exceptions, staying updated on regulatory changes:
The RRCOE – Regulatory reporting Centre of Excellence Team performs various regulatory BAU activities such as EMIR, ASIC, SFTR, MIFID Disclose to the Irish and UK Takeover Panel In conjunction to Rule 8.3. Monitor Swiss Takeover Board for any changes in Companies or securities. To satisfy the requirements of ORSE (Office of Regulatory Strategy and Execution) aggregate the data from SSGA business functions, review such data for accuracy, completeness and submitting this to the Volcker Office in accordance with the format and procedures they have promulgated.
Individual Responsibilities & Tasks Include:
- Adhere to completing assigned tasks in an accurate and timely manner within the stated Service Level Expectations.
- Involves reporting key management regulatory performance indicators, providing stakeholder support and identifying/implementing enhancements
- Perform detailed data validation work prior to reporting data to regulator. Work to resolve data quality issues
- Ensure adherence to controls and operating procedures within the team.
- Partner with internal stakeholders and clients, subject matter experts for ensuring requirements are understood accurately and focus on delivery
- Resolve directly or in partnership with subject matter experts any issues relating to set-ups or escalate in a timely manner to immediate supervisors.
- Partner with manager to work on development goals, attend trainings and workshops to develop self.
- Escalate potential issues to immediate manager/supervisor on a timely basis.
- Building Metrics Excel Templates, Dashboards and Automation to streamline the reports.
- Participate in project and contribute to process improvements. Consistently work with Managers & Supervisor to stable the process work towards achieving the efficiency in the process.
- Work on continuously improving the processes and improving the level of automation for processes related to the delivery to the clients (Build automated tools etc.)
Job Requirements:Education and Experience
- Investment Banking Experience (Regulatory reporting / Trade & Transaction processing) – 4-8 years
- VBA / Advance Excel experience – Good knowledge on excel macros(Proficiency in SQL added advantage)
- Bachelors or Master’s degree or specialization in finance operations.
- Possess intermediate Excel skills, in particular manipulating and constructing pivot tables and pivot charts and a high degree of comfort with VLOOKUP and similar functions
- Knowledge & Experience in Transaction reporting regulations such as EMIR, SFTR, MIFID & ASIC.
Skills/ Knowledge
- A team player who is quickly able to grasp new concepts and apply existing technical knowledge in order to identify and resolve issues
- A strong understanding of Transaction Regulations, Attention to detail and the ability to quickly analyze data to identify potential compliance issue.
- Strong organizational skills and attention to detail
- Intensive attention to detail and the ability to analyze and process large amounts of data
- Good knowledge of Financial Markets, Banking Industry products
- The ability to work under pressure when the situation dictates, and to be comfortable liaising with the business at all levels
- MS Excel & Power point Presentation
- Good English communication & writing skills
The above cited duties and responsibilities describe the general nature and level of work performed by people assigned to the job. They are not intended to be an exhaustive list of all the duties and responsibilities that an incumbent may be expected or asked to perform.
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