CIB - Market Operations - Equity Regulatory Reporting - Vice President

Job Description

Job Description Equity Regulatory Reporting-VPProcess OverviewMiddle Office, as part of CIB Operations, provides support to a wide range of external and internal businesses. It also provides the best-in-class operational processing capabilities across all asset classes.The Regulatory Controls Team is responsible for the full end to end implementation of the Regulatory Trade Reporting in Equities Operations Group.Roles & ResponsibilitiesControls:

• Responsible for ongoing monitoring of existing controls and implementing new controls across various regulations (CFTC, MIFID, EMIR, HKMA, ASIC etc.) for EDG, Prime and Cash Equities business
• Leading remediation initiatives in partnership with technology team to address reporting data quality issues Governance / Monitoring on key Regulatory Metrics
• Improving reporting quality through various completeness and accuracy checks through centrally coordinated controls testing activities
• Managing external regulator & internal compliance queries, reviews and testing
• Representation on Senior Control Forums
• Issue / Error escalation
• Review and sign off on attestations
• Internal / External Audit monitoring
• Action Plan tracking and closure
• RADAR Report certification

Projects / Change Management

• Role involves leading requirement analysis, testing and post go live checks for new regulations, changes to existing regulation, strategic system transformation, migrations and NBIAs
• Participate in Issue Prioritization forums
• Change Requirement and Testing review and sign off
• Project Resource Management
• Vendor Management
• Budget planning

V. Qualifications / Experience / Knowledge:Skill sets Required

• Previous experience in the Financial Services industry with strong understanding of Equity Derivatives products
• Strong understanding of Dodd Frank CFTC Trade Reporting and EMIR Trade Reporting
• Excellent Business Analysis skills to drill down the complex Regulatory Reporting requirements for multiple jurisdictions
• Excellent problem solving skills in order to identify, understand and address operational and technical issues
• Strong communication skills, both written and verbal, including the ability to develop relationships across the various stakeholders including Senior Business executives
• A self-motivated individual who is able to deliver with minimal supervision, whilst also working effectively as part of a team
• Strong product knowledge; thorough understanding of the end to end transaction cycle for derivative products
• Ability to work in a high pressure environment with time critical deliveries
• Control mindset to identify process control gaps, prioritize & mitigate operational risk

• Excellent time management skill and ability to prioritize work effectively
• Proactive in problem solving and developing solutions.
• Ability to respond to a changing environment.
• Be innovative and suggest system improvement capabilities.
• Ability to multi task, ensuring the controls are performed correctly, breaks are resolved and MIS being sent to managers on deadlines.
• Positive Can Do attitude
• Contributes to an environment of collaboration and mutual responsibility
• Good understanding of downstream impact of actions undertaken, particularly the requirement for strong and timely controls throughout the life cycle of the trade
• Ability to manage a team of high achievers with diverse experience and skill sets. Successful in team environments with matrix reporting structures
• Ability to influence team and provide a vision.
• Effective stake-holder management

Min Required Qualifications / Experience

• CA/ MBA with 12-13 years / Graduate or Post-Graduate with 13-14 years experience in operations.
• Familiarity with a global banks process & operational environment including management and external reporting is a must. Strong business knowledge i.e. Investment Banking, including OTC product, process and system knowledge.
• Skilled in identifying talent, recruiting, coaching, mentoring, and developing team members
• Skilled in MS office applications including Outlook, PowerPoint, Excel, Word, Access and Project

Can operate effectively in a dynamic environment with tight deadlines, and can prioritize ones own and team s work to achieve themTravel.Flexibility for travel to region ( APAC / EMEA / Americas) for period of 2-3 months within short notice in case of business requirements.,

Keyskills :
project managementautomationcost controldeliveryltdhigh pressure environmentms officelife cycledata qualityhigh pressureexternal audit