Join Phoenix Group as a Regulatory Reporting Associate in the Middle Office team. Focus on EMIR and SFTR reporting while ensuring regulatory compliance and operational control.
Responsibilities
Regulatory Reporting Oversight – Focus on EMIR and SFTR ensuring all in scope trades, valuations and collateral are reported in a timely and accurate manner.
Perform any necessary reconciliations and escalate issues and breaches to resolution with internal Phoenix parties as well as 3rd parties.
Provide guidance and analysis on technical aspects of reporting requirements (as defined in Validation and asset specific guidance).
Analysis of technical fields to be able to extract and identify reporting errors in Trade Repository reports.
Production of MI – Design and implement clear and concise MI to give the business confidence in demonstrating Phoenix are regulatory compliant.
Key contact for DTCC and vendors related to regulatory reporting.
Oversight of our external fund manager regulatory reporting processes.
Live Cycle management – Performing middle office control on regulatory reportable asset trading.
Onboarding new systems – Working with our third-party providers to onboard new system capability and set up internal processes to utilise the tools available.
Risk and Control – Developing processes and procedures to make sure our regulatory reporting operations are functioning within our policy standards.
Requirements
Exposure to identifying and resolving reconciliation breaks with external parties.
Exposure to analysing large data sources and reporting to demonstrate regulatory compliance.
Exposure to developing and enhancing reconciliation tools.
Experience in the financial services industry, ideally in a derivatives transactions environment.
Understanding of regulatory reporting processes.
Proficient use of MS Office, particularly MS Excel (Intermediate level proficiency).
Understanding of EMIR reporting regulation (Desirable).
Understanding of reporting various derivative/SFTR product types and collateral models (Desirable).
Systems and repositories understanding (Kaizen & DTCC platforms) (Desirable).
Experience in resolving reporting breaks and identifying issues (Desirable).
Producing data to assist in MI/KPI reporting to demonstrate regulatory compliance (Desirable).
Benefits
Circa.£55,000 FTE (subject to experience) + pro-rated bonus
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