Regulatory Reporting Senior Analyst

Recruiter
M&G plc.
Location
London, United Kingdom
Salary
Competitive
Posted
04 Aug 2022
Closes
03 Sep 2022
Ref
16211669
Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
At M&G our vision is: to become the best loved and most successful savings and investment business and we're looking for people who are excited about joining us on our journey. We're digitally transforming and investing heavily in technology and innovation to develop new and improved customer propositions that really raise the bar for our customers. To help us achieve our vision we're looking for exceptional people who live our values and behaviours and who can inspire others; embrace change; deliver results and keep it simple.

We know that an inclusive environment makes us more accessible and ensures we attract, engage, promote and retain exceptional people. We welcome applications from all individuals regardless of age, gender/gender identity, sexual orientation, ethnicity/nationality, disability, or military service and welcome those who have taken career breaks. We will consider flexible working arrangements or home working arrangements for any of our roles and also offer work place accommodations to ensure you have what you need to effectively deliver in your role.

What you can expect from us:
We are committed to creating an environment where you can be exceptional at all you do. To help us deliver this, we promise to:
  • Challenge Your Limits by creating a stimulating working environment and providing opportunities for you to be involved in meaningful and challenging work
  • Support Your Aspirations with a commitment to learning and development that helps you achieve and build your experience with people who want you to succeed
  • Value Your Input whereby leaders and managers will involve you in key decisions, listen to your thoughts and recognise the important contribution you make
  • Balance Your Life through a work life partnership that focuses on making this an inclusive, diverse and friendly place to work and offers the flexibility and support that enables everyone to be at their best

How do we support our employees:
All M&G plc employees will be supported in the workplace through our M&G Employee Assistance Programme (EAP). If you need counselling, confidential financial or legal advice. The service is available 24 hours a day, 365 days a year and offers access to qualified professionals who can provide specialist information, advice and support on many issues. It offers a broad range of services, including help with family issues, maintaining work/life balance and mental health support.

The Role (Regulatory Reporting Change Team - Senior Analyst):

To provide a high-quality service for M&G plc as part of the Regulatory Reporting Change team. The Regulatory Reporting Change team sits within Controls & Assurance and is responsible for:

Position Reporting
  • Shareholder Reporting
  • AIFMD Reporting
  • MMF Reporting
  • Position Limits Reporting

Transaction Reporting
  • MiFID Reporting
  • EMIR Reporting
  • SFTR Reporting

The Regulatory Reporting Change team covers a wide range of regulations and is divided into three sub-teams, all with their own dedicated Manager. These are the Transaction Reporting Team, the Position Reporting Team and the Regulatory Reporting Change Team. This specific role will be within the Regulatory Reporting Change Team, which essentially sits in between both front-line reporting teams and provides support to both.

The Change Senior Analyst will work closely with both the Transaction Reporting team and the Position Reporting team to ensure the impact of the business and Regulatory change is managed effectively and internal controls and processes are adjusted accordingly. They will also support these teams in meeting BAU requirements as needed.

Initially, this role will be focused on supporting the Position Reporting team, with a longer term aim of expanding support to the Transaction Reporting side, particularly for SFTR. Ultimately the role represents a good opportunity for someone with a Regulatory Reporting background to increase the breadth of their experience across some or all of the Regulations for which the team is accountable.

Positional reporting experience will be an advantage. Transaction reporting experience will also be an advantage, however this will need to be allied with a desire to learn about positional reporting.

Applicants should have strong technical skills, be familiar with the interpretation of Regulation, and should be experienced in data analysis.

Flexibility, good communication and a strong desire to develop knowledge and skills are vital for this role.

Key Accountabilities:
  • Comply with regulatory requirements associated with all activities.
  • To assist in ensuring all relevant accountabilities / responsibilities, objectives and targets set for the team are met.
  • To support the Managers in their activities, identifying areas for self-development and proactively engaging in training where appropriate.
  • To assist with identifying and mitigating risks through the application of business processes and appropriate use of available technology.

Key Responsibilities/Deliverables for this role:
  • Support Regulatory Reporting Change team in analysing and managing the impact of changes in the Regulatory landscape.
  • Support Regulatory Reporting Change team in analysing and managing the impact of changes brought about through internal business initiatives.
  • Where required, take ownership of individual projects and deliverables, utilising effective time management, to ensure deadlines and timeframes are met.
  • Support front line teams in their BAU activities as required.
  • Assist in the collation of data for the Regulatory Reporting governance forums.
  • Continually monitor and improve, where necessary, the processes, controls and procedures associated with the function.
  • Maintaining relationships with both the Transaction Reporting team and the Position Reporting team through the use of effective communication.

Key Job & Personal Skills:
  • Strong communication skills, and able to liaise effectively with personnel at all levels.
  • Strong analytical and technical skills.
  • Strong attention to detail and problem solving ability.
  • Ability to organise and prioritise tasks efficiently.
  • Ability and willingness to be flexible.
  • Ability to work well both individually and within a team.
  • Ability to follow tasks and projects through until completion/full delivery.
  • A drive to learn and expand their knowledge and experience.

Key Knowledge & Experience:
  • A high level of literacy & numeracy and an extensive knowledge of standard applications such as Excel, Word, PowerPoint is required.
  • Knowledge of other applications supporting data analysis and processing, such as Power BI would be an advantage.
  • Knowledge of Investment Management activities would be an advantage.
  • Knowledge of Positional Reporting would be a strong advantage.
  • Knowledge of Transactional Reporting, allied with a desire to learn about Positional Reporting would be an advantage.
  • Experience in Securities Lending and/or knowledge of stock loans and repo products captured under the SFTR regulation would be an advantage.
  • Experience in project work/change management would be an advantage.
  • Experience in the analysis of Kaizen reports would be an advantage.
  • Knowledge of the M&G Group structure or an equivalent Group structure would be an advantage.

We live by four behaviours at M&G and we ask all our employees to:
  • Inspire Others - Support and encourage each other, creating an environment where everyone can contribute and succeed
  • Embrace Change - Be open to change, willing to be challenged and able to adapt quickly and imaginatively to new ideas
  • Deliver Results - Focus on outcomes, set high standards and deliver with energy and determination
  • Keep it Simple - Cut through complexity and bureaucracy, be clear and decisive and never overcomplicate things

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