Regulatory Reporting Intermediate Analyst

Team/Function Overview:

The Regulatory Reporting group is a centralized unit within SMB&IC that is responsible for the implementation and oversight of regulatory reporting, including exception management, Controls and risk mitigation for EMIR reporting. The group is responsible for:

• Implementation of new regulatory reporting initiatives and enhancements

  
  
  

• Control and exception management on EMIR reports

  
  
  

• Industry level advocacy across multiple trade associations

  
  
  

• Partnering across Markets to remediate regulatory issues

  
  
  

• Timely investigation and remediation of trade rejections and internal exceptions

  
  
  

• Root cause analysis of rejections and exceptions and advising on remedial solutions

  
  
  

• Monitor daily controls such as Pairing & Matching breaks, Errors and Omissions, Reconciliations, etc.

  
  
  

 Role / Position Overview:

• Oversee and ensure the day-to-day delivery of complete, accurate and timely reporting as defined by regulation and industry practice

  
  
  

• Manage and oversee BAU processes for EMIR Reporting, ensuring all reporting is completed accurately and on time. Controls / Reconciliation experience for BAU operations will be highly valued in this aspect.

  
  
  

• Monitor daily reporting controls – Pairing & Matching, Reconciliations, Errors & Omissions; identify and provide transparency into reporting issues whilst working with key stakeholders across the business and technology to remediate any gaps.

  
  
  

• Responsible for resolving regulatory reporting exceptions and rejections daily across EMIR and conducting root cause analysis

  
  
  

• Act as point of contact for EMIR Reporting.

  
  
  

• Ensure procedures and controls adhere to Citi’s Global Risk & Control as well as Global Regulatory Reporting policies

  
  
  

• Conduct data analysis on large data sets to identify root causes of complex issues

  
  
  

• Work closely with colleagues from Operations & Technology, Compliance, Legal, Risk & Control and business unit managers to ensure transparent and aligned objectives

  
  
  

• Support in addressing questions arising from regulators, compliance assurance and internal audit

  
  
  

• Work with the global team leads and reporting teams in the development and execution of a global book of work delivering new regulatory requirements, higher productivity, stronger controls and insightful metrics related to various regulatory regimes including EMIR / MIFID / CFTC Reporting and NFRR (Non-Financial Regulatory Reporting), and OTC & Exchange Traded Derivatives.

  
  
  

• Drive change process by advocating for process improvements of existing processes to reduce manual touch points and increase efficacy and accuracy

  
  
  

• Responsible for generating MIS, to ensure appropriate levels of transparency are provided to the wider REGOPS group & relevant stakeholders.

  
  
  

Candidate Requirements

• Previous experience within Regulatory Reporting, such as: EMIR/CFTC/MIFID, highly desirable.

  
  
  

• 6+ years of previous financial services experience, within regulatory reporting / capital markets middle office / OTC derivative products, trade lifecycle

  
  
  

• Demonstrated experience in the successful implementation of projects, operational process change and improvement, preferably within capital markets operations

  
  
  

• Exposure to SQL/VBA (advanced Excel) is an advantage

  
  
  

• Experience in collecting, defining and documenting business and technology requirements, test plans and other project management artefacts

  
  
  

• Experienced in consulting with project stakeholders, including the skills to facilitate compromises and resolve conflicting requirements. (Strong Project Management / Stakeholder Management skills)

  
  
  

• Ability to identify and communicate risk issues, concepts, and mitigations/solutions effectively.

  
  
  

• Ability to engage with multiple stakeholders demonstrating strong verbal and written communication skills.

  
  
  

• Proven problem-solving and decision-making skills, capable of managing and resolving conflict with clients

  
  
  

• Self-motivated, detail oriented well organized with strong verbal and written communication skills

  
  
  

• Working knowledge of related industry practices and standards, and experience in large scale implementations

  
  
  

• Experience in working across technology and business projects and managing inter-dependencies between the two

  
  
  

• Proven problem-solving and decision-making skills

  
  
  

• Pro-active, resilient, and tenacious

  
  
  

• Ability to create and deliver presentations to senior levels of management

  
  
  

• Ability to work under pressure and manage to tight deadlines or unexpected changes in expectations or requirements

  
  
  

• Proficiency in Microsoft Office Tools

  
  
  

#LI-AR1

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Job Family Group:

Finance

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Job Family:

Regulatory Reporting

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Time Type:

Full time

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Most Relevant Skills

Business Acumen, Change Management, Communication, Data Analysis, Financial Acumen, Internal Controls, Issue Management, Problem Solving, Regulatory Reporting.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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