Compliance Transaction Reporting Specialist, VP

Recruiter
Bank of America
Location
London, UK
Salary
Competitive
Posted
17 Sep 2019
Closes
23 Sep 2019
Ref
1256957304
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
: Line Of Business: Global Risk / Global Compliance & Operational Risk Corporate Title: Vice President Location: London, UK One of the world's leading financial institutions, we have 66 million customers ranging from individuals to businesses to governments and we are committed to growing responsibly. We've been building meaningful connections in Europe, the Middle East and Africa for 90 years, and you'll find our 200,000-strong workforce in more than 35 countries worldwide. Global Markets Operations Compliance & Operational Risk are looking for a Transaction Reporting Specialist to join their London based team. The role is focused on Non-Financial Regulatory Reporting (NFRR) in EMEA, specifically Transaction Reporting for MiFID II and EMIR. In addition to day to day coverage activities you will work with line of business on new initiatives including regulatory change implementation and representing Compliance and Operational Risk on working / steering group forums. You will also participate in Global Markets Operations Transaction Reporting breach management process, provide effective review and challenge of potential regulatory issues and ensuring remediation plans proposed by the line of business are effective. Responsibilities * Development of new testing activities covering transaction reporting accuracy. * Conducting independent monitoring and targeted risk assessments. * Working with line of business & Learning and Development on Transaction Reporting. * Independent review & challenge of the Transaction Reporting Operations control framework. * Periodic review of the firm's policies relating to Non-Financial Regulatory Reporting; development of content in response to regulatory change or other triggers. * Review of annual scenario analyses conducted on Transaction Reporting. * Maintaining Laws Rules and Regulations in the Regulatory Inventory Tool relating to Non-Financial Regulatory Reporting. * Effective assessment of new Non-Financial Regulatory Reporting legislation and interpretation of changes ensuring effective implementation with bank reporting systems Core skills * Educated to degree level or equivalent experience. * Excellent technical knowledge of European Transaction Reporting requirements, particularly MiFID II and EMIR. * Ability to articulate complex issues in a clear and concise manner. * Data analytic skills desirable. * Genuine interest in the securities markets, regulation and changing legislation. * Able to solve problems and a determination to seek answers to complex issues. We offer a competitive Salary and Benefits package. Learn more about our benefits here . Good conduct and sound judgement is crucial to our long term success. It's important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well. For more information on our commitment to ESG, visit about.bankofamerica.com We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience. As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment. Posting Date : 29/08/2019 Location : 2 KING EDWARD ST - MLFC MAIN - United Kingdom Full / Part-time : Full time Hours Per Week : 35

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