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Regulatory Reporting Specialist

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Job Summary

  • Belfast
  • Contract
  • JN -012024-1953337
  • Jan 03, 2024
  • £600 - £700 pd
Job Description

Morgan McKinley is recruiting for a Regulatory Reporting Specialist on behalf of a Tier 1 investment bank based in Belfast on an initial 12 month contract.

Morgan McKinley is recruiting for a Regulatory Reporting Specialist on behalf of a Tier 1 investment bank based in Belfast on an initial 12 month contract. The Regulatory Reporting specialist will receive a day rate of up to £645.69

Team/Function Overview

The Regulatory Operations group is a centralized unit that is responsible for the oversight of day-to-day compliance for regulatory reporting including exception management and risk mitigation for the EMEA Region.

The team is responsible for the review, action and oversight of daily regulatory reporting and exception management.

The team provides a crucial level of governance to safeguard the bank and its clients for their reporting obligations.

Role / Position Overview

The role of a Regulator Operations Specialist within the Reg Ops department is to provide oversight of key controls and processes, in order to ensure a best-in-class provision of regulatory reporting on behalf of the firm and its clients.

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

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

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.

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Consultant Details

Consultant Details

Nick Thom
Nicholas Thom