Product Coverage
Derivatives, Credit Default Swaps, equity swaps, interest rate swaps and other structured derivative products.
The candidate would be responsible for
- New regulatory reporting implementation & on going remediation
- Understand the regulatory requirements working with Legal / Compliance / Industry (ISDA/Equities industry groups/DTCC etc) & internal stakeholders
- Establish the end to end control processes.
- Review & 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
- Come up with 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 business
- Ultimately, successfully deliver controlled environment of Regulatory Reporting
- Ensure all controls and checks are completed on End of Day
Skill sets Required
- Previous experience in the Financial Services industry with 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
- A self motivated individual who is able to deliver with minimal supervision, whilst also working effectively as part of a team
- Strong product knowledge; thorough 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 & mitigate operational risk
- Excellent time management skill and ability to prioritize work effectively
- Proactive in problem solving and developing solutions.
- Ability to respond to a changing environment.
- Be innovative and suggest system improvement capabilities.
- Ability to multi task, ensuring the controls are performed correctly, breaks are resolved and MIS being sent to managers on deadlines.
- Positive “Can Do” attitude
- Contributes to an environment of collaboration and mutual responsibility
- Good understanding of downstream impact of actions undertaken, particularly the requirement for strong and timely controls throughout the life cycle of the trade
- Ability to motivate people and manage careers.
- Ability to influence team and provide a vision.
- Effective stake-holder management
Min Required Qualifications / Experience
- Graduate with 8+ years of experience, with alteast 5+ years in an investment banking environment, preferably in Middle Office / Trade Support
- Degree holder in Finance / Economics or other related disciplines (preferable)
- Strong proficiency in MS Office.
Shift Timings
- Primary Coverage- 1:30 pm to 10:30 pm IST. Cross regional coverage to be provided. Ability to work stretch hours in case of business requirement.
Travel.
- Flexibility for travel to region ( APAC / EMEA / Americas) for period of 2-3 months within short notice in case of business requirements.