I am working with a well known and respected International Investment Bank, and they are looking to recruit a Trade & transaction Reporting QA analyst at AVP level.
This role will track and analyse regulatory communications and updates across EMEA regulators regarding all trade and transaction reporting regulation and updates including European Market Infrastructure Regulation (EMIR), Markets in Financial Instruments Regulation and Directives (MiFID/MiFIR II) and Securities Financing Transaction Regulation (SFTR)
What is required;
- Subject matter knowledge across major EU directives, regulation and their associated updates and regulatory technical specifications.
- Interface between Compliance, Planning, Front Office, OAD and OPPD-ITSD. Provides reports and updates to TTRC members.
- Present at the bi-monthly TTRC (Trade and Transaction Reporting Committee).
- Track and analyse regulatory communications and updates across EMEA and work with the SMEs and end users to understand and document the practical implications for all associated systems and processes.
- Concise ongoing update and revision of the all applicable Traceability Matrixes.
- Oversee system changes and timescales required to introduce regulatory changes and ensure the correct governance of the change process.
- Support and involve the appropriate staff and teams in the QA, testing and delivery of changes, including helping to resolve any issues.
- Attend industry forums to horizon scan and stay aware of upcoming regulatory or market changes.
- Working knowledge of EMEA regulatory requirements, the banking products it impacts and prior experience of providing regulatory analysis and business requirements documentation
- Knowledge of EMIR, MIFIR &/or SFTR regulations considered highly advantageous.
- Proven ability to analyse current and future regulatory requirements and translate them into practical implications for specific processes and systems.
- Previous experience in assisting a Regulatory liaison team to manage regulator expectations for remediation of transaction reporting errors & back reporting