Regulatory Reporting Business Analysis, AVP

Recruiter
State Street Corporation
Location
London, United Kingdom
Salary
Competitive
Posted
15 Nov 2022
Closes
03 Dec 2022
Ref
17660058
Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Who we are looking for
We are looking for a business analyst, a self-starter with strong structured and analytical thought process to join the Global Link FX business Regulatory Reporting Product Team.
This is an exciting opportunity for an ambitious, proactive and self-motivated individual to join the team, engaging with various stakeholders (ranging from Compliance, Business to IT).
The candidate will need to have extensive experience in analyzing issues, gathering requirements, documenting them appropriately and working to implement change on existing regulatory submissions and new reporting requirements from new business initiatives.

Why this role is important to us
You will be joining State Street Digital, our new division that combines advanced trading technology, best execution and servicing expertise with proprietary market research and insights to support clients in decentralized financial markets. Together with other teams across our company, you will be working on the evolution of our award-winning GlobalLink technology platform into a multi-asset solution that will include crypto, central bank digital currency, blockchain and tokenization.
Join us if making your mark in the digital asset servicing industry is a challenge you are up for.

What you will be responsible for
As Regulatory Reporting Business Analysis , Assistant Vice President you will
  • Experience in MiFIR regulation primarily re. RTS 2 (transparency requirements), RTS 22 (transaction reporting), RTS 23 (instrument reference data) and RTS 24 (recordkeeping) obligations for derivatives is required (FX derivatives expertise on these areas would be an advantage)
  • Experience in (some of these, if not all) systems interaction with regulatory (the FCA's MDP, the CBI's ONR, ESMA's FIRDS, FITRS) and supporting infrastructure (ANNA-DSB) is required
  • Experience in RFQ based trading protocols, FX derivatives trading, MTF reporting per MiFIR and other regulatory reporting (like ASIC, HKMA, MAS, OSC) is not mandatory but very desirable
  • A self-starter with strong structured and analytical thought process, with prior experience in large and complex implementations is required
  • Extensive experience in gathering, analysing and evaluating requirements, documenting them appropriately for various stakeholders (ranging from Compliance, Audit to IT) and managing IT implementation of regulatory reports is required
  • Strong communication skills and confidence to work closely with all stakeholders.
  • A strong understanding of the Software Development Life Cycle (SDLC) implementation
  • Ability to quickly grasp the established control and governance environment and follow the required process to ensure risk excellence is required
  • Ability to professionally scrutinise and challenge the status quo to make improvements (not just in IT implementation but any aspect relevant to the business) in the existing risk and change framework would be an excellent value add

What we value
These skills will help you succeed in this role:
  • Work under own initiative as well as part of a Global Team
  • Work under pressure to meet deadlines and escalate issues in good times
  • Challenge the status quo
  • Ability to analyze, understand and learn quickly
  • Very strong attention to detail
  • The ability to Multi-task

Education & Preferred Qualifications
  • A level educated
  • Higher education preferred but not required
  • Experience in MiFIR regulation primarily re. RTS 2 (transparency requirements), RTS 22 (transaction reporting), RTS 23 (instrument reference data) and RTS 24 (recordkeeping) obligations for derivatives is required (FX derivatives expertise on these areas would be an advantage)
  • Experience in a Regulatory reporting team.
  • A strong understanding of the Software Development Life Cycle (SDLC) implementation

About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to Flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
Discover more at StateStreet.com/careers
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