12 month contract
£220/day
Role / Position Overview
The role of a Regulatory Operations Specialist within the Data & Regulatory Operations department is to provide business analyst support to key projects such as back reporting and exceptions management.
Review of trade, position, and transaction reporting data to define & refine key controls, KPIs and KRIs to help reconcile risk exposure pertaining to data submitted to numerous National Competent Authorities (such as FCA, Central Bank of Ireland, BaFIN, Bank of England and other Debt Management Offices across Europe)
The individual will be responsible for working collaboratively with Operations, Technology, Compliance, and the business, to maintain a strong working relationship and support proactive governance and control management.
The role will involve working in conjunction with the Reporting team peers in Belfast and Supporting the supervisory team, including senior Management in London, to highlight issues and raise solutions through interpretation of submitted data.
Key Responsibilities
- Help drive implementation and perform control monitoring and testing of firms submission and exceptions/rejections data to develop appropriate controls to drive the completeness, accuracy and timeliness of regulatory reporting obligations within Reg Ops.
- Partnering with Reg Ops peers to ensure adequate issue documentation, testing and resolution implementation. Ensure all required sign-offs and audit trails are maintained and meet a standardised approach.
- Review, Design and Enhance key metrics and KPIs relevant to numerous regulations and assist with reporting to key stakeholders and senior management.
- Key tasks to involve the remediation of replay data across 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 Technology, and key business stakeholders to maintain a strong working relationship and a best in class approach to proactive exception management
Development Value
- Develop a greater understanding of Regulatory requirements.
- Exposure to all areas of Capital Markets & Banking and associated products.
- Develop an understanding of both short and long-term project management and tracking.
- Develop stakeholder management competence at peer and senior manager level.
- Develop an understanding of the bank at a more strategic level.
- Have access to an extensive online learning resource.
- Enhanced communication and organizational skills.
- Interaction with senior bank representatives from Ops, Business and Technology, both written and verbal
Knowledge/Experience:
- Experience of compiling large volumes of data and analysing results
- Knowledge of JIRA and other project tracking tools
- Strong documentation collation, presentation, and storage experience
- 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;
- Experience in Project management
Skills:
- Strong Microsoft skills including Excel, Word and Outlook
- Proactive, able to work on initiative and organize themselves well
- Quick learner with a real attention to detail
- 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
- Demonstrates sound judgement and professionalism in decision making/problem solving, escalating to supervisor as appropriate
- SQL or other relevant systems
- Strong Business Analyst skills
Qualifications:
Mandatory
- GSCE "A" Level standard or equivalent
- Good numeric skills desirable
- Bachelors degree (preferable)
- Industry exams e.g. FCA module exams or a full affiliate status
- Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.
Competencies:
- Planning and Organising
- Attention to Detail
- Risk Awareness
- Communication
- Teamwork / Collaboration
- Relationship Building
- Adaptability
- Analytical
- Resilience to, and an ability to work under pressure.
- Results/task orientated with excellent attention to detail.
- Risk Awareness and confidence to escalate.
- Adaptive to change.
Morgan McKinley is acting as an Employment Agency and references to pay rates are indicative.
BY APPLYING FOR THIS ROLE YOU ARE AGREEING TO OUR TERMS OF SERVICE WHICH TOGETHER WITH OUR PRIVACY STATEMENT GOVERN YOUR USE OF MORGAN MCKINLEY SERVICES.