- Location
- NIRLON KNOWLEDGE PARK BLOCK B7, India
- Workplace
- Hybrid
- Type
- Full-time
- Department
- Legal
- Source
- Workday
Description
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.
- 3-4 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
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Job Family Group:
Finance------------------------------------------------------
Job Family:
Regulatory Reporting------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Most Relevant Skills
Business Acumen, Change Management, Communication, Data Analysis, Financial Acumen, Internal Controls, Issue Management, Problem Solving, Regulatory Reporting.------------------------------------------------------
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------
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