Join Phoenix Group as a Regulatory Reporting Specialist in the Middle Office team. Manage compliance for derivatives and securities financing trades under EMIR and SFTR guidelines.
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.
Regulatory Reporting Oversight – Ensuring that reg reporting operational activities are completed and resolving any outstanding issues.
Regulatory Reporting Asset Data – Ensuring that trades are correctly captured in internal systems.
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.
Supporting the business in meeting regulatory requirements
Requirements
Experience in the financial services industry; experience of managing regulatory reporting processes and detailed and up to date understanding of EMIR reporting regulation.
Experience in reporting various Derivative/SFTR product types, lifecycles and collateral models.
Regulatory systems and repositories knowledge e.g. Kaizen/DTCC/Unavista.
Experience in identifying and resolving reporting breaks directly with counterparties.
Experience in producing MI/KPI reporting to demonstrate regulatory compliance.
Developing and Enhancing Regulatory Reconciliation tools.
Proficient use of MS Excel, Word, PowerPoint and ideally the Aladdin platform.
Benefits
circa £65,000 FTE (subject to experience) + pro-rated bonus
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