The Role
Responsibilities
1. We require the individual to deliver technical client projects around risk and regulatory issues for our banking clients.
2. Projects could include, for example, trade and transaction reporting business impact assessments, trading control assessments, implementation exercises and target operating model design / reviews
3. Support internal product development of material relating to risk and regulatory topics, in particular on wholesale conduct risk and / or Non-Financial Regulatory Reporting (NFRR).
4. Advise clients on the benefits and impact of regulations, current industry practices and advancements.
5. Keep abreast of latest trends and any new regulations, leveraging international SME support where applicable, e.g. ISDA practices and direct guidance from global regulators.
6. Build and maintain strong client relationships within the sector, leveraging industry content and delivery capability
7. The individual will be required to apply their skills to a broad range of regulatory and risk-related issues supporting both regional and national propositions.
The Person
Required
8. Strong understanding of banks and/or trading businesses, including an understanding of financial services firms' businesses, products, structures, governance frameworks, risk management and process and control arrangements, in the Banking and/or Investment Management sectors
9. Strong familiarity with the ‘three lines of defence’ model
10. A practical understanding of the role of key bank functions including Front office, Market Risk, Product control, Treasury and Compliance. Understanding of financial products (Fixed Income, Equities and Commodities) including the front-to-back of how they are traded, booked and risk managed.
11. Strong stakeholder and relationship management skills and ability to develop and maintain strong internal and external networks
12. Excellent oral / written communication, planning, project management, networking and influencing skills. Experience of presenting to senior stakeholders.
13. Strong skills in MS Office suite, particularly Excel and PowerPoint
14. Strong project management skills and experience of managing a team of professional staff, including decision-making, time management, prioritisation, organisation, and evaluation skills
15. Understanding of key industry, market and regulatory drivers shaping the industry
16. Flexibility and agility to contribute in a senior capacity to a broad range of banking risk engagements
17. Flexibility to work across the UK (and internationally) where required
Advantageous
18. Experience of Governance, Risk and Compliance (GRC) tools such as MetricStream
19. Experience of derivative financial products and front-to-back controls either through working in a Front Office, Risk, Compliance, Change, Control or consulting environment
20. Experience in initiation through to implementation of transaction reporting regulatory change projects covering business impact assessment, requirements analysis and change delivery
21. Higher qualification in mathematical subject (Maths, Economics, Physics, Engineering etc) (or other related degree or professional qualifications) or programming skills.
22. Data Handling / Python Coding skills
Regulatory knowledge
23. Risk and Control frameworksNon-Financial Regulatory Reporting, Trade and Transaction Reporting (incl. EMIR, MIFID and SFTR)FX Conduct and Fed Order experience Benchmarks Regulation & IOSCO Principles for Financial BenchmarksMarket AbuseFront office controlsShort selling regulationsESG Ratings