AVP Compliance Advisory

Morgan McKinley; City Of London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A reputable financial services firm in the City Of London seeks an experienced regulatory reporting professional to act as a Subject Matter Expert (SME) on trade and transaction reporting obligations. Responsibilities include providing technical regulatory advice, supporting compliance colleagues, and advising on equity positions reporting. The position demands a good balance of business objectives and regulatory standards, maintaining compliance with UK and EU regulations. Competitive salary and career progression opportunities are offered.

Qualifications

• Strong expertise in trade and transaction reporting regulations across EMEA.
• Ability to provide technical regulatory advice and support to compliance teams.
• Experience with equity positions reporting and substantial shareholder disclosures.

Responsibilities

• Act as the SME on trade and transaction regulatory reporting obligations.
• Provide support to compliance colleagues on regulatory rules.
• Advise on equity positions reporting and interact with various business units.

Job description

MAIN PURPOSE OF THE ROLE

• Act as the SME providing the necessary advice, challenge and oversight to the firms Enterprise Functions (e.g. Front Office, Operations, Technology and Change Management Functions across EMEA) and various projects on trade and transaction reporting, including UK / EU EMIR, UK / EU MiFIR / MiFID, UK / EU SFTR, CFTC Reporting (in particular, Part 43 and 45), SEC Reporting, CSA Trade Reporting, HKMA Reporting, MAS Reporting, etc.
• Provide the necessary technical regulatory advice and expertise to the CASS Team
• Provide the necessary advice regarding the firms operational framework, including but not limited to, processes involving collateral, valuations, margin and confirmations, etc.
• Support the firms equity aggregation arrangements to ensure compliance with global laws and regulations relating to Substantial Shareholder Disclosures and Short Selling Disclosures
• Support the remediation project on equity positions reporting, including Substantial Shareholding Disclosures, Short Selling Disclosures, SEC 13f-1 and 13f-2 Reporting, etc.
• Represent Compliance and provide appropriate challenge at internal Committees, including regulatory change initiatives / projects
• Identify and recommend / execute opportunities for process improvement and risk control development
• Alert management immediately upon identification of any material regulatory breach

KEY RESPONSIBILITIES

• Act as the SME on the firms trade and transaction regulatory reporting obligations
• Provide technical support to EMEA and International Compliance colleagues on the application of trade and transaction reporting rules in other group entities and impacts on cross border / remote booking activities
• Provide the necessary technical regulatory advice and expertise to the CASS Team
• Provide the necessary advice regarding the firms operational framework, including but not limited to, processes involving collateral, valuations, margin and confirmations, etc.
• Keep abreast of global regulatory change initiatives / topics and provide SME input on new regulatory requirements / initiatives
• Support the wider Compliance team on matters regarding the firms regulatory reporting obligations, including managing the correspondences / notifications with global regulators
• Advise on all matters concerning equity positions reporting, including on Substantial Shareholding Disclosures and Short Selling Disclosures to Head Office and global regulators in accordance with the applicable laws and regulations, focusing on the EMEA region
• Support the day-to-day management of Substantial Shareholding Disclosures and Short Selling Disclosures under the relevant EU / UK / US regulations (e.g. Transparency Directive and SSR), SEC 13f-1 and 13f-2 Reporting, etc.
• Support the remediation project on equity positions reporting
• Interact with, and be one of the primary contacts with the business on BAU matters relating to Markets, Operations and Private Side business matters
• Be a strong self-starter as well as a good team player
• Maintain a good balance between meeting business objectives and upholding the highest standards of regulatory adherence