Regulatory Reporting Business Change Manager - Permanent

  • GBP80000 - GBP90000 per annum + Plus Benefits & Bonus
  • London, England, United Kingdom London England GB
  • Permanent, Full time
  • Black Swan Group
  • 10 Jul 18 2018-07-10

A rarely available permanent Regulatory Reporting Business Change Manager has become available at a market leading Electronic Trading firm in London.

Regulatory Reporting Business Change - Permanent

A rarely available permanent Regulatory Reporting Business Change Manager has become available at a market leading Electronic Trading firm in London.

The Regulatory Reporting Business Change Manager will support the electronic trading business in a permanent capacity. You will be accounting for regulatory reporting requirements that impact all electronic traded products and services, ensuring the firm's alignment with industry regulation pertaining to MiFID II and ongoing external regulatory reporting requirements.

The electronic business in London has identified the need to hire a Regulatory Reporting Business Change Manager to provide independent oversight, review and challenges across regulatory reporting framework for the European and Asian electronic trading business. Working with Senior Management to support the firm's external submissions to juridical regulators based in the UK, Europe, US and Asia the role offers excellent global coverage and scope.

Principal responsibilities - Regulatory Reporting Business Change Manager

  • Provide independent assessment and advisory expertise across regulatory reporting requirements impact electronic trading.
  • Accounting for new regulation impacting electronic trading, transaction reporting, best execution process and external regulatory reporting requirements.
  • Oversight of regulatory reporting framework, engaging with regulatory reporting business as usual teams to review current regulatory reporting process, controls, systems and producing detailed technical business analysis "As-Is" and "To-Be" and gaps across the current reporting framework.
  • Design and produce business solutions around improving electronic trade reporting process, systems, controls and present solutions to senior management for approval and implementation.
  • Work with IT and Central Change team to deliver improvements across the Electronic Trading Reporting Framework.
  • Produce Management Metrics and Dashboards to illustrate business performance and reporting status.
  • Update the firm's Policy and Control Framework for regulatory reporting ensuring check and balances are embedded to adhere to regulatory guidelines.
  • Lead and run governance workshops across the regulatory reporting business teams including Front Office, Trading Operations, Risk, Compliance, Finance, IT and Central Change Management.
  • Be hands on in undertaking business analysis and project management responsibilities and leading the front to back review and delivery of new reporting framework.

Prerequisite Requirements- Regulatory Reporting Business Change Manager

*Proven experience supporting Electronic Trading business within a leading Brokerage or Investment Bank.

* Subject Matter Expert within Regulatory Reporting to juridical Regulatory bodies and understanding current MiFID guidelines.

*Current experience implementing new control frameworks, reporting systems, procedures/processes and training for Regulatory Reporting.

*Strong product knowledge with detailed understanding across Equities, Fixed Income, FX and Derivatives.

*Business Analysis and Project Management experience and skills; Prince 2 / Agile / Waterfall methodologies.

* Delivery track record and ability to define process, controls and systems improvements relating to external regulatory reporting.

* Cross Functional business understanding, ideally supporting Regulatory Reporting in a Risk, Compliance or Finance capacity.

* Experience working with External IT Vendors providing trading and reporting systems.

This is a new position within the organisation, a business critical hire and it will impact every part of the Electronic Trading Business, Front Office, Operations, Compliance, Risk, Technology and Senior Management (up to Board level).

This is an excellent opportunity for a proven Regulatory Reporting Business Manager to take on a hybrid business and regulatory change senior role within a market leading electronic trading firm. The firm is offering a market leading compensation package with a business performance related bonus scheme on offer and benefits package. Given the high profile nature of this hire and market sensitivities we ask applicants to only apply if they meet the prerequisite requirements and have a proven background within electronic trading twinned with expertise in external regulatory reporting. Please do apply now for a private and confidential review and applicants will subsequently be introduced to our client.