MIFID II Transaction Reporting Change Associate

Job Description

About the job Job description: Regulatory Operations – MIFID II Transaction ReportingTitle: AssociateJob Type: PermanentDepartment: EMEA OperationsCompany overviewOur client is a leading financial services group and the preeminent Asian-based investment bank with worldwide reach. They provide a broad range of innovative solutions tailored to the specific requirements of individual, institutional, corporate and governmentclients through an international network in over 30 countries.Department overview:Regulatory Operations EMEA is split into 2 teams who are responsible for daily operational oversight and management of regulatory day-to-day processes and ensuring compliance for regulatory reporting. In addition, the team is responsible for assessing impactto these processes from future regulatory legislation by ensuring regulatory change governance and executing the MiFID II Transaction Reporting Function.Role description:•This is an excellent opportunity for an individual to gain a valuable insight across FCA/MiFID II regulations and the importance of establishing a robust oversight and control environment to meet Reg requirements.•Overseeing the oversight of the Powai BAU team. Ensuring appropriate oversight and controls of operational activities as they relate to transaction reporting.•Ensuring the adequacy and delivery of internal reporting and MI to relevant stakeholders•Apply zero tolerance on EOD exceptions where possible and if not have an in depth understanding of the break root cause and resolution vs the Regulatory reporting requirements.•Developing a relationship with Middle Office, Static Data, Compliance and Technology areas to assist with the resolution of exceptions.•Performing periodic Reporting reconciliations. This includes break management, escalation of issues and MIS production.•Overseeing the daily/weekly Reporting MIS and KRI packs.•Investigating the potential impact to the transaction reporting process and requirements of new business lines and new products•Ensuring that any new Regulatory updates or changes are reviewed with respect to the impact on FCA Transaction Reporting and Nomura’s adherence to the new requirements/changesComplete User Acceptance Testing and be able to articulate results to the teammanagement.•Timely escalation of issues identified in the process in line with Regulatory Operations escalation process and protocols•Continuous challenge of the process identifying areas for improvementSkills, experience, qualifications and knowledge required•Excellent knowledge of the MiFID II Post-Trade Reporting, Transaction Reporting and Instrument Reference Data Reporting rules and other associated MiIFD Regulations and the ability to apply these to the Nomura trade and business flows•Strong QA Experience•Experience delivering and managing change initiativesJob Title: MIFID II Transaction Reporting Change AssociateLocation: London, UKRate/Salary: 70000.00 - 85000.00 GBP YearlyJob Type: PermanentTrading as Aston Carter. Allegis Group Limited, Maxis 2, Western Road, Bracknell, RG12 1RT, United Kingdom. No. 2876353. Allegis Group Limited operates as an Employment Business and Employment Agency as set out in the Conduct of Employment Agencies and EmploymentBusinesses Regulations 2003. Aston Carter is a company within the Allegis Group network of companies (collectively referred to as "Allegis Group"). Aerotek, Aston Carter, EASi, Talentis Solutions, TEKsystems, Stamford Consultants and The Stamford Group areAllegis Group brands. If you apply, your personal data will be processed as described in the Allegis Group Online Privacy Notice available at https://en-gb/privacy-notices.To access our Online Privacy Notice, which explains what information we may collect, use, share, and store about you, and describes your rights and choices about this, please go to https://en-gb/privacy-notices.We are part of a global network of companies and as a result, the personal data you provide will be shared within Allegis Group and transferred and processed outside the UK, Switzerland and European Economic Area subject to the protections described in theAllegis Group Online Privacy Notice. We store personal data in the UK, EEA, Switzerland and the USA. If you would like to exercise your privacy rights, please visit the "Contacting Us" section of our Online Privacy Notice at https://en-gb/privacy-notices fordetails on how to contact us. To protect your privacy and security, we may take steps to verify your identity, such as a password and user ID if there is an account associated with your request, or identifying information such as your address or date of birth,before proceeding with your request. If you are resident in the UK, EEA or Switzerland, we will process any access request you make in accordance with our commitments under the UK Data Protection Act, EU-U.S. Privacy Shield or the Swiss-U.S. Privacy Shield.