Assistant Vice President, Regulatory Reporting

Mitsubishi UFJ Financial Group; City of Westminster; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading financial services firm in the UK is seeking a Regulatory Reporting Subject Matter Expert to join their Operations Assurance team. The role focuses on managing the control and governance of regulatory reporting changes, ensuring completeness and accuracy. Candidates should possess over 4 years of experience in regulatory roles, with strong knowledge of MiFID II and EMIR reporting requirements. This position offers a chance to make a significant impact in a global organization with a commitment to values and a collaborative culture.

Benefits

Flexible working opportunities

Career development programs

Collaborative work environment

Qualifications

• Strong working understanding of regulatory reporting regimes.
• Experience in governance and controls in a regulatory reporting environment.
• Ability to effectively manage large workloads and tight deadlines.

Responsibilities

• Define and implement a governance and control framework for regulatory reporting.
• Ensure changes that impact reporting obligations follow defined procedures.
• Assist with UAT process and provide signoff for Operations.

Skills

Strong understanding of reporting requirements under MiFID II, EMIR, CFTC

Good product knowledge across Equities, Bonds, ETD's and OTC derivatives

Effective at network building and forming relationships

Strong analytical and problem-solving skills

Proficient with core Microsoft desktop software

Education

4+ years of relevant professional experience working within a Regulatory Role

Tools

Bloomberg knowledge

Fidessa knowledge

Murex knowledge

Job description

The Regulatory Operations Assurance team is a new team within Operations whose key function is to provide Assurance to senior management and stakeholders that our Regulatory Reporting is complete, accurate and timely across all reporting regimes. We have an exciting opportunity for an experienced Regulatory Reporting SME to join the Regulatory Operations Assurance function within Operations. The main focus of the role is to manage and own the governance and control of all regulatory reporting changes, to ensure that all changes do not negatively impact the 'completeness' and 'accuracy' of MUFG's trade & transaction reporting. The role involves setting up and implementing a robust governance and control framework focusing on providing the appropriate assurance to ensure that 'production changes' do not negatively impact regulatory trade/transaction reporting. This includes taking ownership/signoff of any fixes/implementations on behalf of Operations, checking and validating changes from a regulatory perspective and assisting with the UAT testing process and signoff. The candidate would need strong regulatory reporting "hands on" knowledge across a number of regulatory reporting regimes with experience of "best practice" in governance and controls in a regulatory reporting environment.

Responsibilities

• Define and implement a governance & control framework around "Change" to ensure production changes do not impact regulatory trade & transaction reporting.
• Ensure all changes that could impact regulatory reporting obligations follow the defined governance & control framework.
• Work closely with Change, Technology, Compliance and other areas within Operations to ensure all Regulatory reporting deliverables are implemented accurately across all regimes and at the appropriate priority.
• Implement "best practices" in terms of validating current regulatory reporting requirements and ensure future reporting requirements and changes adhere to these "best practices".
• Assist with the UAT process and testing of changes that impact regulatory reporting and provide the appropriate signoff for Operations.
• Define and template appropriate tests strategies & test cases required to detect issues of under-reporting, over-reporting and miss-reporting.
• Understanding the current regulatory reporting governance, controls and architecture in place at MUFG [Front to Back]
• Build and roll out appropriate MI to provide impactful and concise information as to the status of regulatory change.
• Work closely with Change to implement Regulatory change.
• Period review of our reporting to ensure Completeness, Accuracy and Timeliness.

Requirements

4+ years of relevant professional experience working within a Regulatory Role (Change, Assurance…)

Skills & Experience

• Strong working understanding of reporting requirements primarily under MiFID II, EMIR, CFTC and knowledge of ASICS and HKMA and CSA as secondary.
• Good product knowledge across Equities, Bonds, ETD's and OTC derivatives.
• Effective at network building and forming relationships.
• Ability to work effectively in matrix structure and to leverage the input / engagement of colleagues in other departments.
• Issue/Breach management/escalation.
• Strong functional knowledge of operations and trade life cycles.
• Strong analytical and problem solving skills.
• Proficient with core Microsoft desktop software.

Preferred Additional Skills & Experience

• Bloomberg / Fidessa / Murex knowledge/experience.
• Technical background that could help interrogate Trade messages and/or data such as XML.
• Knowledge of APA/ARM software for transaction reporting.

Personal Requirements

• Excellent communication and interpersonal skills.
• Results driven, with a strong sense of accountability.
• A pro-active, motivated approach to work.
• The ability to operate with urgency and prioritise work accordingly.
• The ability to manage large workloads and tight deadlines.
• Excellent attention to detail and accuracy.
• A calm approach, with the ability to perform well in a pressurised environment.

We are open to considering flexible working requests in line with organisational requirements.

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial groups. Across the globe, we're 150,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world. With a vision to be the world's most trusted financial group, it's part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career. Join MUFG, where being inspired is expected and making a meaningful impact is rewarded. Mitsubishi UFJ Financial Group (MUFG) is one of the world's leading financial groups. Headquartered in Tokyo and with approximately 350 years of history, MUFG has a global network with 1,100 offices in over 40 countries. The Group has over 140,000 employees, offering services including corporate banking, commercial banking, retail banking, wealth management, investment banking, capital markets, personal and corporate trust, and transaction banking. The Group's operating companies include Bank of Tokyo-Mitsubishi UFJ, Mitsubishi UFJ Trust and Banking Corporation (Japan's leading trust bank), and Mitsubishi UFJ Securities Holdings Co., Ltd., one of Japan's largest securities firms. MUFG conducts securities business internationally through its overseas subsidiaries MUFG Securities EMEA plc, MUFG Securities Americas Inc., MUFG Securities Asia Limited. and MUFG Securities Asia (Singapore) Limited. With each member of the group working in partnership with one another, MUFG provides best in class service and products to corporate and institutional clients. MUFG Securities EMEA plc is the European hub of MUFG’s securities business. Headquartered in London we have just over 600 employees and are active throughout the international capital markets, focusing on debt, equity, derivatives and structured products. Due to the diverse nature of our business we require a clear unifying vision for all of our people. It is this vision and our corporate values that reflect who we are and guide how we behave. We therefore strive to recruit individuals who share our vision and values, and who have the motivation and commitment to help us move our business forward.