EMIR Regulatory Reporting Change Analyst

The Ops Reg Control function was created to ensure the Bank is meeting its transaction reporting obligations and partner with Compliance and the Asset Lines to implement the appropriate internal controls and supervisory processes for the transaction reporting currently being executed.

The main function of this role will be to work with Technology, Middle Office, and Compliance (and other areas as necessary) to build out the control and governance for the Bank in preparation for EMIR Phase 2 across FX, Commodities and Equity Derivatives.

This will include the definition of business requirements in order to deliver control environment for EMIR Phase 2 and building on the control environment established for EMIR Phase 1 identifying areas for enhancement.

You will be responsible for identifying synergies in the cross regional/jurisdiction control environment as well as defining Run the Bank procedures, Management Information Reports and Reconciliations.

Another aspect of the role will involve the evaluation of regulatory definitions and requirements across asset classes to understand cross asset requirements and asset class specific requirements.

To do this you will need to understand the current trade flows and reporting infrastructure and define and execute test strategies, test scenarios and test conditions. In terms of your stakeholder group you will be liaising with the Front Office, Middle Office, Ops Reg Control Run The Bank team, Compliance, Technology and Change teams.

Main Duties:

Candidate profile:

My client is looking to recruit an experienced change individual with some knowledge of the reg reporting space who will be able to pick up the Operations control requirements for EMIR Phase 2 reporting. They will deliver the control workstream for EMIR Reporting and play a key part in testing, implementation and definition of the RTB practices and procedures that will be required to support EMIR Reporting within the Bank.

You will be tasked to ensure that the reputation the Bank has built up for Transaction Reporting excellence over the last 2 years is maintained through implementation of EMIR and beyond. The role would have oversight responsibility of a senior analyst for the duration of the project.

Desirable skills:

Knowledge of FSA Transaction Reporting obligations.

Exposure to EMIR reporting requirements (and possibly Dodd Frank)

Experience of any of the main asset classes asset classes (Credit Derivatives, Rates Derivatives, Listed Derivatives, Commodity derivatives, FX derivatives, OTC Equity Derivatives, CFDs, Cash Equities, Fixed Income)

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June 27, 2013 • Tags:  • Posted in: Financial

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