Global Banking and Markets, Operations - Regulatory Reporting, Executive Director

Global Banking and Markets – Regulatory Reporting & Monitoring, Executive Director, Singapore

Global Banking and Markets, Operations – Regulatory Reporting & Monitoring, Executive Director, Singapore

We’re looking for a professional individual who wants to apply their financial market knowledge and further develop their understanding of a growing sector of the financial markets at the heart of regulatory reform. With the continued high rate of change in the regulatory reporting space, Regulatory Operations professionals have the platform to significantly impact their environment and the wider business.

Are you looking to join a fast paced team that sits at the nexus between the business and a global department responsible for the creation and submission of non‑financial regulatory reporting (e.g., order, trade, position reporting) to regulators? Our Derivative Trade reporting team within Regulatory Operations is seeking a professional who is looking to collaborate with business stakeholders, technology, various Federation teams and non‑financial regulatory reporting teams for the implementation of upcoming compliance items and day‑to‑day oversight of regulatory reporting requirements.

Operations is a dynamic, multi‑faceted division that partners with all parts of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. In addition, Operations provides essential risk management and control to preserve and enhance the firm’s assets and its reputation. For every trade agreed, every new product launched or market entered, every transaction completed, it is Operations that develops the processes and controls that make business flow.

Regulatory Operations has responsibility for position and trade reporting for the Asia Swap Dealer reporting obligations to HKMA, MAS, ASIC, JFSA & other APAC regulators. The Regulatory Operations team’s mission is to support production of various transaction and position reports within the APAC. The team plays an integral role in ensuring that the Firm meets its regulatory reporting obligations. The team consists of talented and highly motivated individuals who are extensively involved in the preparation of the mandated reports, as well as the implementation of effective control processes, efficiency initiatives, BCP, and other department initiatives.

• Develop expert knowledge pertaining to derivatives regulatory requirements, processes and systems for a number of transactions and position based regulatory reports
• Oversee the implementation efforts of new rules or changes within existing obligations
• Provide oversight of the impact assessments done on these reports for new markets, new products, business reorganizations, system changes and new/changed regulations
• Investigate, remediate and provide supervisory guidance on issues with these reports and develop control improvements
• Improve current processes, procedures and reports including automation of manual processes
• Contribute to strategic initiatives relating to these reports, for example strategic technology developments
• Define and provide supervisory oversight for comprehensive project documentation in support of strategic initiatives and change management including: business/functional requirement documents, process flow diagrams and comprehensive data analysis
• Produce test scripts and co‑ordinate/participate in testing activities with Operations and Technology
• Work with Legal, Compliance, Technology, other Operations groups and various Business units to manage change programs and issue resolution for these reports
• Act as a risk manager for the firm through ongoing assessment and awareness of the regulatory environment and the firm’s adherence to its reporting obligations
• Be flexible to contribute to other activities within the group where necessary, e.g. daily report production

• Bachelor’s degree or equivalent
• Minimum of 8 years of work experience in the Financial Industry and regulatory reporting experience
• Experience with complex financial…