Global Banking & Markets Operations – Derivatives Regulatory Reporting – Analyst – Dallas

OPERATIONS

Operations division is a dynamic, multi-faceted organization that partners with all parts of the firm to provide banking, securities, and asset management services to clients around the world. In addition, Operations provides essential risk management and controls to preserve and enhance the firm's assets and its reputation. For every new product launched and every trade executed, it is Operations that develops and manages the processes and controls that enable business flow.

YOUR IMPACT

We’re looking for a professional individual who wants to apply their financial market knowledge and further develop their understanding of a growing sector of the financial markets at the heart of regulatory reform.  With the continued high rate of change in the regulatory reporting space, Regulatory Operations professionals have the platform to significantly impact their environment and the wider business.

Our team is seeking a professional who is looking to collaborate with multiple stakeholders to improve the firm's compliance rates across various obligations.

OUR IMPACT - REGULATORY OPERATIONS

Our team of critical thinkers partner with groups in all areas of the firm to perform financial analytics and reporting as well as data analytics and engineering. Our division also provides critical operations design and handles capital markets operations to ensure business flows smoothly across our global offices. From day one, team members play a vital role in upholding the three Operations principles of client focus, process innovation and risk management.

We are a globally located team that exists to ensure that the firm fulfills a wide range of non-financial regulatory reporting obligations. 

Regulatory Operations team is responsible for reporting to external stakeholders in the North America region, including the reporting and monitoring of trade, transaction and position information across a wide range of traded financial products and business lines for the CFTC (Commodity Futures Trading Commission), SEC (Securities and Exchange Commission), and CSA (Canadian Standards Association) obligations.  The team plays an integral role in ensuring that the Firm meets its regulatory reporting obligations. The Team consists of talented and highly motivated individuals who are extensively involved in the preparation of the mandated reports, as well as the implementation of effective control processes, efficiency initiatives, new compliance and industry change initiatives, BCP, and other department initiatives. The characteristics of the team have to marry the firm’s culture of teamwork and diligence with the nature of regulatory obligations: ever changing with a need for precision and fast turnaround.

HOW YOU WILL FULFILL YOUR POTENTIAL

Responsibilities include the following:

• Contribute to the execution of non-financial regulatory reporting obligations and develop subject matter expertise (eg. CFTC, CSA, and SEC obligations)
• Perform analysis to detect anomalies in the reporting data, investigate reporting issues demonstrating aptitude to work with range of data sets from big data to samples
• Advise on regulatory risk and requirements to facilitate commercial activity
• Analysis of internal client and external regulatory inquiries
• Identifying solution to correct system issues, documenting requirements to high quality, performing tests to identify an accurate resolution
• Perform verification, validations and testing of the data provided by Engineering prior to submission,
• Actively participating in the development of the strategic control framework for Regulatory Operations
• Work collaboratively across multiple business lines and stakeholder groups in strategic initiatives across the global Regulatory Operations department
• Develop strong working relationships both internally including the Front Office and Middle Office Technology, Legal, Compliance and externally to support various reporting functions
• Cultivating a strong working knowledge of the rules underlying CFTC Part 45 (P45), CFTC Part 43 (P43), CFTC Part 23 Material Terms Reconciliation (P23 MET Rec), SEC Securities Based Swap (SBS) reporting, and Ontario Securities Commission (OSC) rule 91-507

SKILLS & EXPERIENCE WE ARE LOOKING FOR
BASIC QUALIFICATIONS

• Minimum of 1 year of professional experience in the financial services sector, ideally in a Global Banking and Markets business 
• Strong analytical skills with an ability to understand complex workflows paired with meticulous attention to detail
• Strong communication skills to clearly articulate issues and ideas and provide timely escalation,
• Good interpersonal skills to build strong relationships with