We are seeking a highly motivated and detail-oriented Operations Analyst to join our Regulatory Reporting team.
The role is to perform several key functions that support and control the business in complying with a number of regulatory requirements
- Executing assigned Regulatory Reporting production activities.
- Ensure 4 eye principal is being followed in the team.
- Conduct spot checks to ensure and document adherence.
- Maintain up to date process manuals and process reviews.
- Manage queries within team and resolve them with help of onshore colleagues if required.
- Assist manager in reviewing process changes and update procedures.
- Plan back up for team during their leaves.
- Escalate all issues in time, to the appropriate level, to avoid any adverse impact on the business.
- Maintain clear and prompt communication with departments like risk, front office, and performance measurement, IT etc.
- Ensure teamwork culture is practiced.
- Get involved in process improvement projects driven by the management.
- Ensure proper back-ups created and assist other teams during contingencies (Staff shortage, high volumes etc)
Your key responsibilities
- To ensure processes are performed as per defined Key Operating Processes. (KOP).
- The Operation Analyst will be responsible for completion of day-to-day activity as per standards and ensure accurate and timely delivery of assigned production duties.
- You needs to ensure team adherence to all cut-off times/deadlines and quality of processing as maintained in SLAs.
- You should ensure that all queries/first-level escalations related to routine activities are responded to within the period specified.
- Needs to conduct checks and maintain documentation to ensure that there are sufficient records for future reference.
- Should take responsibility and act as backup for the team colleagues in their absence and share best practices with the team.
- To escalates unusual activity (new client activity, slow systems, delayed approvals, deviations form KOP).
- Awareness of risks attached to the processes and escalation of potential risks to the bank to Team Manager.
- To communicate with the stakeholders to share any process specific updates or to escalate any issues.
- Stay updated on basic regulatory requirements and changes with support from training provided by organization.
Your skills and experience
- Basic understanding of Regulatory Reporting & Asset Management.
- Should have 0-2 years of experience. (Regulatory experience (MIFID, EMIR, etc.would be beneficial).
- Knowledge & usage of applications/ tools like Aladdin, Bloomberg would be an added advantage.
- Good communication (verbal & written) and interpersonal skills.
- Willingness to take on responsibility, priorities work and mange time effectively and learn new tasks.
- Sound desktop PC skills including Microsoft Office.
- Basic German Language knowledge would be beneficial.
- Ability to work quick and accurately, even under tight deadlines.
- Team-playing skills and flexibility in working hours.