Regulatory Analyst (Asset Management)

Nasdaq Technology is seeking a Regulatory Analyst to join our Asset Management team in New York. If innovation and effectiveness drive you forward, this is the place for you! Nasdaq is continuously revolutionizing markets and undergoing transformations by adopting new technologies to develop innovative solutions, constantly aiming to rewrite tomorrow. As a Regulatory Analyst, you will play a key role in delivering and monitoring complex regulatory rules and translating regulatory requirements across multiple jurisdictions for new and existing customers.

In this role you will have the opportunity to expand your prowess in the Asset Management space in a practical setting as you are involved in client data and reporting scenarios. The role will lend itself to continued learning in the regulatory space, as well as provide a wide view of the operational workings of investment banking. The role will be primarily internal facing, with some client interaction, and may involve occasional travel.

The main objective for the Product Management team in US is to build state of the art calculation and reporting systems relating mainly to the Financial Responsibility Rules for US Asset Management Firms.  As our new member, you will work with a group of enthusiastic and experienced team members. Together with your team, you will be responsible for delivery of enhancements and supporting re-architecture of the enterprise product to new software paradigms. You will be a key liaison between the Development and Product teams.

Your role and responsibilities: 

• Engage in research on various regulatory change logic, leading the analysis and implementation of them into the solution
• Writing solution specifications including Business Requirements and Functional Specifications for the solution development team
• Reverse engineering current solutions so as to develop better approaches to solutions and ensure accuracy of current solutions
• Perform detailed analyses of changes enacted by regulators
• Regularly monitoring regulatory rule updates, ensuring solution remains fit-for-purpose with all regulatory requirements
• Liaising with the solution development team, providing business knowledge to ensure business requirements are clearly understood
• Support the Pre-sales team in conducting Proof of Concepts and demos to potential clients
• Engage with existing clients to understand their business scenarios where required and act as a representative of the Asset Management team in these conversations

We expect you to have:

• At least 6 years combined of regulatory reporting experience and business or regulatory change analyst
• Experience in reviewing regulations and translating the requirements into functional specifications/business requirement documents
• Good understanding of key financial products, particularly equity based and derivative instruments 
• Strong communication skills and ability to work with a team in a dynamic environment - especially key is working and communicating with more technically inclined colleagues
• Highly organized and methodical approach to analysis
• Goal driven and self-motivated attitude
• Ability to work under pressure and meet deadlines

It would be great if you have:

• Previous experience working in Financial responsibility rules of Asset Management firms. Financial Reporting is a plus
• Working knowledge of regulations such as Form PF, CPO-PQR, AIFMD, or Form N series.
• Experience as a Regulatory Analyst 

This position is located in New York City, and offers the opportunity for a hybrid work environment (at least 2 days a week in office, subject to change), providing flexibility and accessibility for qualified candidates.   

Come as You Are

Nasdaq is an equal opportunity employer. We positively encourage applications from suitably qualified and eligible candidates regardless of age, color, disability, national origin, ancestry, race, religion, gender, sexual orientation, gender identity and/or expression, veteran status, genetic information, or any other status protected by applicable law.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request an accommodation.

What We Offer

We’re proud to offer a competitive rewards package that is meaningful, recognizes the unique needs of our employees and their families and incentivizes employees for their contribution to