Regulatory Reporting, Assistant Vice President

Overview

Assistant Vice President in Regulatory Reporting within State Street Markets, responsible for ensuring the firm meets its EMIR, MiFID, CFTC and SFTR reporting obligations for FX and securities financing transactions.

What you'll do

• Proactively scrutinize end-to-end deliverables of your vertical and ensure completion of all tasks for each jurisdiction
• Comprehensively manage and monitor team deliverables
• Act as the subject matter expert across regulations, process, system architecture, contact points and products
• Operate as the checker of process and exception management, with activities evidenced credibly
• Implement governance and controls within the Regulatory Reporting process and explore AI capabilities to reduce human and operational risk
• Close control loopholes that could lead to negative regulator or auditor findings
• Own the accuracy and timely maintenance of SOPs, checklists, controls, error logs, KPIs and KRIs
• Take absolute ownership and accountability for team deliverables
• Engage regularly with direct reports and skip-level employees, and build a culture of fairness and trust
• Mentor the weakest team members and lead by example
• Establish a credible network with peers and seniors across local and global locations
• Reflect State Street cultural traits and values in day-to-day duties
• Establish a culture of continuous learning, improvement and proactive ideation within the team
• Create backups for yourself and pivotal team members to ensure fungibility for contingencies
• Serve as the primary point of contact for stakeholders above the VP for queries, concerns or requests affecting your vertical
• Proactively drive continuous improvement initiatives to streamline operating models, gain efficiency, and identify and mitigate control gaps
• Work closely with the Ops team, Technology, Product Owners and Change Management to enrich the process

What you'll need

• 12+ years of functional work experience in trade and transaction reporting operations
• Experience working in one or more of the regulations: CFTC, EMIR, MiFID or SFTR
• In-depth functional knowledge of the complete periphery of products and regulations within Regulatory Reporting
• Strong understanding of financial products, derivatives markets and trading strategies
• Familiarity with regulatory reporting requirements and data analysis tools
• Strong leadership, management and organizational skills
• Ability to communicate effectively and accurately in English
• Ability to work under pressure and to tight deadlines
• Good working knowledge of software packages, particularly Microsoft Excel
• Strong attention to detail and problem-solving skills
• Graduate or above, preferably in Finance (B.Com, BBM/BBA, MBA (Finance), M.Com) or any degree related to Finance or Commerce

Nice to have

• Reconciliation experience in regulations
• Product knowledge of FX and Securities Finance, with regulatory reporting of SFTR, EMIR, MiFID and CFTC
• Professional certifications such as CFA, CPA or FRM

Details

• Location: Bangalore, India