Regulatory Reporting Oversight Specialist
London
Aim & purpose of the role
To systematically monitor and handle the Reg Reporting of the business to ensure we meet and follow regulations.
To oversee daily, monthly and annual reconciliation of trades against transaction reports from the regulator/BNY and ensure all reporting is actioned in a timely manner, adhering to any deadlines
Liaising with Compliance/Suitability to streamline other reporting processes to identify, implement and support regulatory changes
Key accountabilities/responsibilities
* Handling and overseeing all Transaction Reporting administration
* Undertaking of 3 way reconciliation tasks to verify and ensure the accurate and timely transaction reporting to the FCA
* To maintain the required static data and submit other required data on transaction files
* Attending regular team meetings with BNY raising and discussing any issues with workflow, suggestions of enhancements to processes and ensuring communication between the Company & BNY is maintained effectively and efficiently
* Identify, implement and support the business with any regulatory changes
* Write reports/enhanced macro driven excel spreadsheets in order to streamline Operation Oversight tasks
* Assist with any Ad-hoc Compliance/Reporting related projects
* Export MI data from the Nexus system/AWOL to collate and assist with statistical reports for senior management
* To work alongside Operations Oversight team to generate in-house RAG reported in order to generate analytical data to be discussed/raised in regular meetings with BNY
* Participation in key departmental projects and undertake any additional Operational Oversight tasks when requested by the Line Manager/Senior Management
* Drafting of departmental procedures and ongoing ownership of those procedures
Person Specification/Skills
* Self-starter with a dynamic, proactive and "can do” attitude
* Highly literate and a strong verbal communicator both formally and informally
* Confident and approachable
* Highly organised with a strong attention to detail, with particular focus on accuracy and numeracy ability
* Be able to work effectively during pressure periods while prioritising and multi-tasking
* Ability to react to events decisively and effectively and suggest innovative solutions to problems
* Very strong analytical and problem solving skills
* Prepared and able to learn a number of systems
* Working to tight deadlines under pressure
* Willing to share knowledge effectively and show a flexible work approach within a team
* Self-sufficient with the ability to prioritise and multitask
* To be able to communicate confidently and concisely in scrums and meetings and suggest/discuss ideas for procedural changes to keep in line with regulatory requirements
Education/Experience
* A Strong, firm understanding of the current Regulatory environment
* Prior experience working within the Investment Management Industry primarily focusing on the delivery of regulatory reporting to the FCA, US tax reporting to the IRS and UK tax reporting to the HMRC
* Expert skill level of Outlook, Excel, Word and Google sheets/docs
* Able to create macros in excel to assist with the streamlining of tasks
* Experience handling queries and requests from Investment Managers/peers
* Experience in arranging and chairing meetings to discuss changes to the business/operational workflows
* Prior experience creating analytical data for senior management