Senior Representative, Regulatory Analysis and Reporting

Recruiter
BNY Mellon
Location
Manchester, United Kingdom
Salary
Competitive
Posted
18 Jan 2023
Closes
02 Feb 2023
Ref
18503021
Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Overview
BNY Mellon is hiring a Senior Representative, Regulatory Analysis & Reporting to join the EMEA Regulatory Operations Team. The function will be building its presence in Manchester to support the EMEA region regulatory reporting commitments and will become a centre of excellence for all operational lines of business.
Core Responsibilities
Resides in the business and supports management in day-to-day efforts related to first line of defence, support the new EMEA 5AMLD exception reporting process, providing governance and oversight of the reporting commitments to the various European Regulators.
Responsible for the adherence to the policies, procedures and controls that maintain the accuracy of data reported to the regulators, ensuring of a risk culture and control environment.

Much of your time will be spent dealing with and managing exception queues and queries, whilst ensuring all exceptions are investigated, data cleansed and remediated by the LOBs / Key Stakeholders in line with agreed regulatory requirements. Maintain accuracy of reports and be responsible for the maintenance and implementation of processes to ensure correct and accurate regulatory reporting.
You must build close working relationships with LOB's / Key Stakeholders to ensure the correct management and oversight of regulations whilst acting as a point of contact and will develop detailed knowledge of regulatory requirements and what is required from a Regulatory Analysis and Reporting team perspective in order to meet the regulation
The role offers a fantastic development opportunity for the right candidate, currently working within an operational or client facing functional area, who is looking to build knowledge and develop new skills
Key Responsibilities:
Governance
• Ensure there is oversight and governance over Regulations.
• Ensure the management and investigation of exceptions meeting regulatory requirements.
• Compliance with our ICFR and SOX controls in line with an agreed RCSA.
• Advisory
• Act as point of contact for both internal and external parties in relation to regulatory exception queries.
• Working closely with the LOB's / Key Stakeholders to reduce the number of exceptions whilst ensuring accurate reporting to the regulators in line with regulatory requirements.
Projects and Change
• Provide support on any new initiatives, projects and work streams.
• Updating of Procedures/Internal Documentation of any changes of working practises in management of the exception process.
• Ability to work independently and possess a strong work ethic and be able to adapt quickly to change.
Core Competencies:
• Excellent communicator who can articulate complex issues.
• Strong technical and analytical skills.
• Service oriented, with the ability to drive open issues through to resolution.
• Must demonstrate attention to detail and a commitment to producing highly accurate and timely reporting.
• Ability to build relationships and collaborate across Asset Servicing, Markets, Clearing & Collateral Management and the wider organisation.
Minimum Educational or Experience Requirement:
• 2 or more years' experience working within a client, process, or operational background.
• PC Literacy - intermediate level MS Office products

Essential Skills:
• Excellent communicator who can articulate complex issues.
• Strong technical and analytical skills.
• Service oriented, with the ability to drive open issues through to resolution.
• Must demonstrate attention to detail and a commitment to producing highly accurate and timely reporting.
• Ability to build relationships and collaborate across Asset Servicing, Markets, Clearing & Collateral Management and the wider organisation.
• Self-Starter, forward thinking and acts with a sense of urgency

Preferred Knowledge:
• Worked in a regulatory environment
• Strong Asset Servicing, Markets, Clearing & Collateral Management or operational background would be desirable.
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals with Disabilities/Protected Veterans. Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

Employer Description:

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.
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