Position: Permanent
Location: London EC3/Hybrid
Client: International Investment Bank
2 Roles: Transaction Reporting Manager/Assistant Manager
Salary: Manager £100 - 110k / Assistant Manager £85-90k
Our client is a City based large International Bank delivering expert financial solutions across Corporate & Investment Banking, Structured Finance and Global Markets.
They are seeking to hire a skilled Transaction Reporting specialist to act as the SME for Transaction Reporting, primarily focused on MiFID and EMIR REFIT regulations. The role is also responsible for supporting the enhancement of post-trade transaction reporting processes in line with the relevant Regulatory Technical Standards and to drive regulatory change initiatives.
Working closely with internal stakeholders and senior management, the position aims to strengthen governance, controls, and operational efficiency in transaction reporting, while providing clear management information, leading internal working groups and supporting the development and knowledge sharing of the wider team.
KEY RESPONSIBILITIES
* Serve as a Subject Matter Expert (SME) for Transaction reporting, primarily focused on MiFID and EMIR REFIT
* To assist and support Head of Department in driving and enhancing post trade Transaction Reporting solutions and change management.
* Collaborate with relevant internal stakeholders to strengthen and adopt Transaction Reporting Controls and improve efficiency.
* Contribute as required to support and maintain compliance with future Transaction Reporting regulatory requirements.
* Provide Senior Management Information (MI) on the progress of Transaction Reporting issues and the implementation of solutions.
* Chair internal MiFID and EMIR Working Groups
* Mentor department team members, helping to fostering collaboration and ensuring operational continuity and transfer of knowledge.
* Undertake departmental tasks to maintain a balanced workload, providing opportunities for teamwork, particularly once improvements in branch transaction reporting reduce routine responsibilities.
* To handle any relevant assignments or duties requested by Head of Group and Head of Department.
QUALIFICATIONS AND EXPERIENCE
* Minimum of 5 years-experience working with MiFID and EMIR Refit regulations.
* Minimum of 3 years-experience working with MiFID and EMIR Refit regulations -for Assistant Manager.
* Deep understanding of policy statements and regulatory reporting requirements across MiFID and EMIR Refit.
* Ability to analyze and clearly communicate complex issues related to Transaction Reporting.
* Experience leading Transaction Reporting change projects is desirable.
* Experience participating in industry consultations and working groups.
* Knowledge of Fixed Income, FX and Derivatives (including OTC and Exchange Traded Derivatives).