Trade & Transaction Reporting, Business Analyst - Banking

ACCA Careers; London; Hybrid; GBP 100,000 - 125,000; Full time

Job summary

A leading organization in the Financial Services industry is seeking a Trade & Transaction Reporting professional in London. This temporary role requires expertise in SFTR and trade reporting, offering a competitive daily rate. Successful candidates will work within a multi-disciplinary team to ensure compliance and efficiency in reporting processes.

Benefits

Competitive daily rate

Opportunity for hybrid or flexible working

Exposure to Risk & Compliance

Qualifications

• Prior experience in trade and transaction reporting within the Financial Services industry.
• Broad subject matter expertise across all TTR regulations.
• Ability to run, build and analyse reconciliations.

Responsibilities

• Track and analyse regulatory communications across EMEA for compliance.
• Run and analyse reconciliations using DUCO tool.
• Present issues and remediation plans to senior stakeholders.

Skills

Trade and transaction reporting

Securities Financing Transaction Regulation (SFTR)

Analysis

Quality assurance analysis

Tools

DUCO

Job description

This role will track and analyse regulatory communications and updates across EMEA regulators regarding all trade and transaction reporting regulations, including Securities Financing Transaction Regulation (SFTR).

Client Details

This opportunity is with a well-established organisation within the Financial Services industry. Operating as part of a large organisation, the company is known for its structured approach to compliance and reporting practices.

Description

• Track and analyse regulatory communications and updates across EMEA regions, ensuring the organization remains compliant with SFTR requirements .
• In conjunction with assigned SMEs, build, analyse, scope the fix, and document detailed technical business requirements to support new requirements and reflect any required changes to increase efficiency and reduce risk.
• Run and analyse reconciliations utilising the selected vendor tool DUCO to ensure completeness and accuracy for EMIR
• Learn how to build / customise reconciliations using the DUCO tool, as required for any additional control gaps identified
• Communicate within a multi-disciplinary team, gain consensus for the best solution, and implement the required changes within the required timeframe and quality parameters.
• Ensure that the business case, plans, and control processes have sufficient detail and have evaluated the potential impact of the changes made, including a traceability matrix.
• Involve the appropriate staff or teams to help run timely reconciliations as part of the control framework, assess the impact, agree on solutions, ensure high-quality controls, testing, and delivery of changes, and help resolve any issues.
• Present issues and remediation plans to senior stakeholders across Compliance, Ops, Tech and Vendors
• Ensure resolution of the issues identified from the process, enhance the reconciliation elements/scope, test controls, deliver changes, and produce and share MI across various governance groups.

Profile

A successful Trade & Transaction Reporting professional should have:

• Prior experience in trade and transaction reporting within the Financial Services industry.
• Prior experience with Securities Financing Transaction Regulation (SFTR)
• Broad and deep subject matter expertise across all TTR regulations.
• Ability to run, build and analyse reconciliations and issue identified
• Ability to work autonomously in analysing quality assurance reports (from Kaizen) to determine and quantify the impact on the firm
• Ability to support BAU submission, exception review, client queries as and when required

Job Offer

• Competitive daily rate of approximately £400 to £500/day.
• Opportunity to work with a leading organisation in the Financial Services industry.
• Temporary role offering exposure to a key area within Risk & Compliance.
• Based in London, with potential for hybrid or flexible working arrangements.

If you're ready to bring your expertise in Trade & Transaction Reporting to a new challenge in London, we encourage you to apply today!