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