Description

The Company:

A well-established Wealth management firm.

The Role:

The Regulatory Reporting Analyst will have responsibility for Transaction Reporting oversight, and will report to the Operational Risk Manager.

The Regulatory Reporting Analyst will perform weekly and monthly reconciliations of Company trades against FCA reported transactions by referencing multiple data sources to identify errors or omissions. Perform qualitative and quantitative reconciliation validation checks and escalate issues identified.

The Regulatory Reporting Analyst will maintain the shared Transaction Reporting issues and Actions Log and track actions through to resolution using Risk Event process. Own internal and external Transaction Reporting governance meetings.

Produce Monthly MI pack for COO and governance committees using PowerBI application, to demonstrate volume and issue based metrics, tracked issues, and quantitative/qualitative reconciliation outcomes.

The Regulatory Reporting Analyst will drive a continuous agenda of optimisation within the Transaction Reporting area, ensuring effective oversight of outsourced functions and ongoing regulatory compliance.

The Regulatory Reporting Analyst will assist the 1st line of defence with the identification and reporting of operating events to analyse where controls have failed and ensure actions are put in place to prevent recurrence. Monitor the timely escalation, quality and progress of all operating events and ensure data is maintained between the Operating Event Log and Risks Register.

The Regulatory Reporting Analyst will assist the Wealth Management business with the timely identification and resolution of dealing errors to minimise market risk and reduce cost, ensuring mitigant actions are recorded and are sufficient to prevent recurrence. Log all dealing errors in the relevant log.

The Regulatory Reporting Analyst will assist the Operational Risk Manager with the investigation of operational risk themes, trend analysis, and performing thematic risk reviews to drive operational efficiency and mitigate risk. Assist as required with end-to-end process reviews or the implementation of any proposed business changes. Champion the embedding of Risk policies and frameworks and a continuing culture of risk awareness with the wider business. Review, update and implement Standard Operating Procedures and present data at governance meetings when required.

The Candidate

At least 2 years' Transaction Reporting / Regulatory Reporting industry experience, preferably in Wealth Management, Investment Management or Asset Management.

Strong knowledge of regulatory reporting frameworks such as MiFID II, and associated data requirements

Data governance and data quality management, with experience in data lineage and controls

Proficiency with regulatory reporting systems, risk platforms, and data warehouses.

Strong analytical and problem-solving abilities, with attention to detail and ability to deliver under regulatory deadlines

Able to work with large data sets and experience with using PowerBI application preferable but training will be provided.

The ability to work independently and to use initiative in owning, escalating and resolving issues.