Operations, Regulatory and Tax Operations, Regulatory Business Analyst recruitment

Job Summary Responsibilities

Regulatory Tax Operations is responsible for over 500 non-financial reporting and monitoring functions to over 400 regulators andexchanges. The group enhances the firm's regulatory and tax transaction and position data and operational controls and developsbest practices and standards for processing, infrastructure, and change management. The group aims to leverage expertiseconsistently across regions and entities in order to demonstrate supervision to regulators and provide efficiency, data accuracy, andtransparency around controls.

The London Regulatory team has responsibility for the firm’s non-financial regulatory reporting to all relevant regulators in theEMEA region, including the monitoring of positions and the preparation of trade, transaction and position reports across a widerange of financial products and business lines. The team is broken down into 3 functional groups.

• The Business Analysis (BA) team is responsible for monitoring and capturing changes in the environment as a result of new business initiatives, rule changes, migrations off legacy systems and report analysis. The team ensures the integrity of the information within our reports remains accurate given these changes.

• The Report and Monitoring (RM) team ensures the accurate and timely reporting of required regulatory transactions and positions to the appropriate regulators.

• The Global Strategy and Quality Assurance (QAE) team conducts exploratory analysis of operational and technical processes and in-depth quality assessments to ensure the high quality of regulatory reports across the regions.

RESPONSIBILITIES

• Provide the entry point for change items and queries, responsible for performing timely initial impact assessments on reports and subsequent communication or, if required, escalation for: new markets; new products; new business; business reorganisations;

system changes; new / changed regulations; and, new production issues.

• Liaise and interact on a daily basis with change stakeholders internal and external to Regulatory Operations.

• Manage daily workflow, reporting to the BA Team Manager.

• Develop global relationships in order to ensure constant awareness of change items in this dynamic and changeable environment.

• Develop expert knowledge in regulatory requirements, processes and systems for a number of transactions and position based regulatory reports, including FSA Transaction Reporting, Trade Reporting, UK Takeover Panel Reporting and Position Reporting (Major Shareholder Disclosure and Short Position Reporting).

• Carry out business analysis tasks, as required:

o Investigate and remediate reporting issues.

o Contribute to strategic reporting initiatives.

o Work with stakeholders across the regions from both the Federation and Revenue generating divisions to help manage change project and issue resolution.

o Project manage in support of the above: define and produce comprehensive project documentation, including project plan / milestones, business requirements, process flow diagrams and management / project status reporting.

o Produce test scripts and co-ordinate / participate in testing activities with Operations and Technology.

o Act as a risk manager for the firm through ongoing assessment and awareness of the regulatory environment and the firm’s adherence to its reporting obligations.

o Be flexible to contribute to other activities the group where necessary, e.g. daily report production.

Basic Qualifications

• Minimum 3 years experience in an Operations Control Environment

• Working knowledge of tradable financial products, e.g. Equities, Fixed Income, Exchange Traded Derivatives, OTC Derivatives.

• Degree Qualified or be of graduate calibre

Preferred Qualifications

• Some previous exposure to regulatory reporting desirable.

• Working knowledge of trade lifecycle.

• Project Management experience.

• Proficient in the use of MS Office products.

• Experience of Operations control environment

• Some previous exposure to regulatory reporting

• A standard industry qualification such as the IAQ would be an advantage.