Mifid Transaction Reporting Analyst

Taylor James Resourcing; Greater London; On-site; GBP 70,000 - 75,000; Full time

Job summary

A global financial markets trading firm is seeking a Senior Credit Controller / Reinsurance Accounting Technician based in London. The role involves liaising with broking desks, ensuring compliance with financial regulations, and supervising back-office processes. Candidates should have a degree in accounting and experience in financial transaction reporting. A competitive salary between £70,000 and £75,000 per annum is offered for this permanent position.

Qualifications

• Graduate with a degree in accounting or a related discipline.
• Experience in transaction/reporting including MIFID, EMIR, AIFMD, and Transparency Directive.
• Previous experience in an auction or trading environment preferred.

Responsibilities

• Liaise with broking desks on IT, compliance, and client onboarding.
• Implement end-of-day zero commission and error trade reconciliation.
• Oversee compliance with EU/UK laws post-Brexit.

Skills

Knowledge of financial regulations (MIFID, EMIR, AIFMD)

Experience in transaction/reporting

Strong analytical skills

Attention to detail

Education

Graduate degree in accounting or related discipline

Job description

Job Overview

Our client, a global financial markets trading company and a small exchange-based trading and broking firm, is looking for a Senior Credit Controller / Reinsurance Accounting Technician. Salary: £70,000 - £75,000 per annum.

Location: London, On‑site. Type: Permanent. Job posted: 18 Aug 2023. Email: [e-mail]. Ref: db3485.

Responsibilities

• Liaise with broking desks on IT, compliance, client onboarding and client matters.
• Understand broker commission and draft a broker’s commission manual.
• Ensure necessary back‑office cover is in place across all jurisdictions.
• Implement end‑of‑day zero commission, reduced commission and error trade reporting/reconciliation.
• Supervise error handling process and complaints escalation process.
• Oversee deal ticket submission process and trade submission to the exchanges—ensuring accurate and timely reporting and escalation to exchanges and CPFL compliance team.
• Coordinate back‑office team training; keep exchange rules and back‑office policies up to date and fit for purpose.
• Maintain exchange membership and update user registration and de‑registration.
• Maintain products on the system and update any new products.
• Submit any document requirements during the year, including the ICE Annual Questionnaire.
• Ensure compliance with the post‑Brexit Oslo structure; liaise with compliance team to monitor communications between futures and securities and ensure abidance with EU/UK law.
• Prepare desk reports for Desk Head meetings and ensure Desk Head sign‑off.
• Implement policy for daily review and signature of financial promotion reports.
• Update financial promotions policy in line with compliance directions.
• Liaise with Credit Control to address issues blocking payment and flag clients who are overdue.

Qualifications

• Graduate with a degree in accounting or a related discipline.
• Experience in transaction/reporting, including MIFID, EMIR, AIFMD, and Transparency Directive.
• Experience with takeover and mergers reporting, shareholder reporting, issuer holding requests, and short‑selling reporting.
• Strong knowledge of one or more of the regulations listed above.
• Previous experience in an auction or trading environment preferred.