Operations, Regulatory Ops, Reporting Team, Associate recruitment
Job Summary Responsibilities
Operations is a multi-faceted division that partners with all areas of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. Alongside this vital service delivery role, Operations provides essential risk management and control, preserving and enhancing the firm’s assets and its reputation.
Operations span all product lines and markets, serving as internal business partners who develop the processes and controls, and help to specify the systems that deliver accuracy, timeliness and integrity to our business.
BUSINESS UNIT OVERVIEW
Regulatory Tax Operations is responsible for over 500 non-financial reporting and monitoring functions to over 400 regulators and exchanges. The group enhances the firm's regulatory and tax transaction and position data and operational controls and develops best practices and standards for processing, infrastructure, and change management. The group aims to leverage expertise consistently across regions and entities in order to demonstrate supervision to regulators and provide efficiency, data accuracy, and transparency around controls.
Regulatory Operations is responsible for producing various regulatory reports covering the firm’s trading activities in the Americas, Asia and EMEA regions, primarily transaction reports, shareholder disclosures and trade reports. The London team has responsibility for the firm’s non-financial regulatory reporting to all relevant regulators in the EMEA region, including the monitoring of positions and the preparation of trade, transaction and position reports across a wide range of financial products and business lines. The team is broken down into 3 functional groups.
The Business Analysis 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 team ensures the accurate and timely reporting of required regulatory transactions and positions to the appropriate regulators.
The Global Strategy and Quality Assurance 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
We are looking for an experienced Operations professional to work in the Reporting team within London Regulatory Operations. Responsibilities include:
• Responsibility for the preparation of daily, monthly, quarterly reports for key EMEA regulators, exchanges other stakeholders.
• Managing assigned reporting functions to ensure all tasks are completed to deadline with the assistance of colleagues in London Bangalore.
• Identify process enhancements across reporting functions to enhance controls and improve efficiency
• Management and maintenance of procedures and documentation required to support daily work.
• Participate in strategic initiatives across the department and lead integration of new reports.
• Develop solid working relationships with many other areas of the firm including the Front Office, Technology, Legal, Compliance, Operations, as well as interaction with external clients and regulators to support various reporting functions.
• Support team involvement in other GS activities outside of daily work.
Basic Qualifications
• Minimum 3 years work experience in the Financial Services Industry
• Demonstrable experience working with one or more traded financial products
Preferred Qualifications
• Experience with regulatory reporting
• Experience gained working in the Operations division of a large Financial Services company
• IAQ would be an advantage
• Proficient in the use of MS Office products