Reg Reporting BA - BELFAST - 3 days a week
A Leading Financial Services firm are looking to hire a Transaction Reg Reporting Business Analyst to be responsible for oversight of day-to-day compliance for regulatory reporting including exception management and risk mitigation for the EMEA Region.
- 12 month initial contract (scope to roll)
- £550 -£700 per day via Umbrella company (Inside IR35)
- Based in BELFAST (Northern Ireland)
- On-site 3 days per week (2 days a week WFH)
Role / Position Overview
- The role of a Senior Business Analyst within the MiFID II Transaction Reporting Team is to provide supervision and oversight of key controls and processes, in order to ensure a best-in-class provision of regulatory reporting on behalf of the firm and its clients.
- Review of trade and transaction reporting validation and reconciliation exceptions pertaining to transaction data submitted to numerous National Competent Authorities (such as FCA, Central Bank of Ireland and BaFin)
- The individual will be responsible for working collaboratively with Operations, Technology, Compliance, Internal Audit and the business, to maintain strong working relationship and support proactive governance and control management.
- The role will involve working in conjunction with the Reporting Team Senior Management in Belfast and London to highlight issues and raise solutions through interpretation of submitted data.
Key Responsibilities
- Help drive implementation and perform monitoring and testing of firm's submission data and exceptions/rejections to develop appropriate controls to drive the completeness, accuracy and timeliness of regulatory reporting obligations for MiFID II & SWISS Transaction Reporting, within Regulatory Operations by following the RegOps end to end issue management process
- To verify ongoing compliance with the regulatory requirement.
- Key tasks to involve the monitoring of numerous regulatory processes within the Reporting team in Belfast, and to support the successful identification and remediation of failed controls (specifically but not limited to, the analysis of keys controls, UAT of future enhancements and regulatory reporting remediation tasks)
- The individual will be responsible for working collaboratively with Regulatory Operations, Technology, and key business stakeholders to maintain a strong working relationship and a best-in-class approach to proactive exception management
- Partnering with Reg Ops Change Management and QA to ensure adequate issue documentation, testing and resolution implementation. Ensure all required sign-offs and audit trails are maintained and meet a standardised approach.
- Extensive liaison with internal customers, notably Business Units, Information Technology, Other ORC areas and Compliance Management, whilst fostering partnerships with key contacts
Knowledge/Experience:
- Experience of compiling large volumes of data and analysing results
- Experience of exception based controls and processing
- Experience of working within a control environment
- Experience of Regulatory reporting/Risk and Control (preferable)
- Understand impact of external factors (e.g. regulatory changes) on departmental strategy
Skills:
- Excellent Microsoft skills including Excel, Word and Outlook
- Proactive, able to work on initiative and organise themselves well
- Ability to communicate effectively facilitating interaction with clients, own team and operations management.
- Ability to detail issues, in writing, in a clear, accurate and concise manner
- Analytical and Numerate proven ability to research and identify large and complex issues in data sets using SQL and Excel functions. Experience of working in JIRA.
- Demonstrates sound judgement and professionalism in decision making/problem solving, escalating to supervisor as appropriate
- Real attention to detail
