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:
- Implement regulatory reporting processes and ongoing remediation activities.
- Understand regulatory requirements by collaborating with Legal, Compliance, Industry groups (ISDA/Equities industry groups/DTCC, etc.), and internal stakeholders.
- Establish end-to-end control processes to ensure compliance and efficiency.
- Review and improve the end-to-end control process around the Regulatory Reporting agenda in Credit, Rates, and Equities.
- Create a strategic attestation process for regulatory reporting in jurisdictions already implemented within the business.
- Develop process and system enhancement recommendations to optimize operations.
- Collaborate with business and Technology groups to prioritize requirements by presenting the business case.
- Perform cost-benefit analysis to propose the optimum future process to the business.
- Deliver a controlled environment for Regulatory Reporting successfully.
- 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
- Bachelor’s degree, Finance / Economics