Project description
We are seeking experienced BAU Consultants to support a multi-year project focused on the assurance of regulatory reporting within the context of EMIR and MIFID (Transaction Reporting and Post-Trade Transparency). This role is integral to ensuring the bank's regulatory reporting processes remain accurate, compliant, and well-controlled on a daily basis.
The ideal candidate will have a strong control mindset, be highly detail-oriented, and demonstrate the ability to follow bank procedures while carrying out day-to-day control activities.
Responsibilities
- Daily Execution of Controls: Perform day-to-day control checks to ensure accurate and complete regulatory reporting in line with EMIR and MIFID (TR & PTT) requirements.
- Regulatory Assurance: Ensure that all reporting processes comply with internal control frameworks and external regulatory obligations.
- Issue Investigation & Resolution: Identify and escalate reporting discrepancies, control breaks, or process failures. Work with internal teams to ensure timely resolution of issues.
- Monitoring & Oversight: Assist in monitoring trade and transaction reporting, ensuring proper oversight of regulatory submissions and adherence to quality standards.
- Procedure Adherence: Follow bank-approved standard operating procedures (SOPs) and control frameworks to maintain consistency and compliance.
- Data Validation & Reconciliation: Perform reconciliation of trade data against trade repositories and regulatory submissions to detect and address any anomalies.
- Stakeholder Coordination: Work closely with Compliance, IT, Operations, and Risk teams to maintain robust reporting controls.
- Regulatory Change Support: Assist in implementing process adjustments required due to regulatory updates and enhancements in the reporting framework.
- Reporting & Documentation: Maintain clear and detailed documentation of control activities, issue logs, and remediation efforts.
- Testing & Assurance: Support User Acceptance Testing (UAT) and control enhancements to ensure reporting accuracy.
Mandatory Skills Description:
- Strong knowledge of EMIR and MIFID regulations, specifically Transaction Reporting (TR) and Post-Trade Transparency (PTT).
- At least 2-3 years of experience in a BAU regulatory reporting role within a financial institution.
- A strong control mindset with experience in performing control-related activities within a regulatory reporting environment.
- Understanding of trade lifecycle events and their impact on regulatory reporting.
- Experience working with regulatory reporting platforms (e.g., Unavista, DTCC, or other trade repositories).
- Proficiency in data reconciliation, exception management, and control oversight.
- Strong analytical and problem-solving skills to investigate reporting discrepancies.
- Ability to follow structured procedures while maintaining flexibility to adapt to evolving regulatory requirements.
- Excellent attention to detail and ability to work in a fast-paced, high-pressure environment.
- Strong communication and stakeholder management skills to coordinate with internal teams.
Nice-to-Have Skills
- Experience working in a regulatory operations, compliance, or control function.
- Familiarity with data management tools and ability to analyze large data sets for reporting accuracy.
- Exposure to automation tools or process improvement initiatives within regulatory reporting.
- Knowledge of risk and control frameworks within financial institutions.
