Middle Office Regulatory Reporting Associate
Phoenix Group
full-time
Posted on:
Location Type: Hybrid
Location: Telford • 🇬🇧 United Kingdom
Visit company websiteSalary
💰 £55,000 per year
Job Level
JuniorMid-Level
About the role
- 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
- Excellent pension scheme
- Private medical insurance
- 38 days holiday
- 12x salary life assurance
- Career breaks
- Income protection
- 3x volunteering days
- Much more!
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
regulatory reportingreconciliationdata analysisreporting errors identificationmiddle office controlprocess developmentregulatory compliancederivatives transactionsreconciliation toolsMI/KPI reporting
Soft skills
guidanceproblem-solvingcommunicationcollaborationanalytical thinking