Vice President - Transaction Regulation - Investment Bank

Key Deliverables:

Key components of the role include (and are not limited to):

- Build & Manage a 15-25 member team within the TRER, provide guidance and act as a subject matter expert (SME) with regard to Various Regulatory trade and transaction Reporting (Bank fo England, Canada, CFTC, ESMA, JFSA, MAS, MiFiD1, MiFiD2, etc..), data Validation, Data Controls for the certain asset class.

- Lead and support key global change initiatives across all the TRER ensure regulatory requirement changes are met.

- Attendance and chair working groups and governance forums.

- Work with 3rd Party Providers to understand synergies and drive efficiencies to the op model

- Ensure that regulatory outputs are produced on an accurate and timely basis in line with SLAs, including clearing of all the exceptions with defined timeliens.

- Manage production of trade and transation reporting in accordance with regulatory rules and Group Framework.

- Responsible for operational readiness for remediation activities and impact on control environment.

- Input into related business projects, new business, data analysis and issue remediation, as well as possible contribution to UAT processes - including reviewing test scenarios covering all workflows and sign off.

- Responsible for the BAU control environment and adherence to the governance framework.

- Managing and controlling the daily business will be a major part of the role, including: exception management, reconciliations, controls/process management and issue investigation & resolution.

- Provide ad-hoc analysis and challenge as required to support management in TRER and other regulatory decisions

- Identification and development of options to address issues relating to change and process improvement

- Build strong relationships with the team's stakeholders to ensure delivery of output reports are of a high quality and fit for purpose

- Update processes / outputs to reflect changes to reporting deliverables in response to mandatory or BAU project changes

- Maintaining an up-to-date process note repository

- People management and ensuring the ongoing support and development of the people.

- Provide support to the TRER management team to drive forwards the reporting strategy

- Provide a point of escalation for TRER teams and internal projects and programs.

- Responsible for TRER footprint in India, allowing the function o grow and take on additional responsibilities as scope changes.

- Own, manage and supervise the risks in the business area, ensuring mechanisms are in place to identify, report, manage and mitigate risk within defined risk appetite.

- Risk practices and behaviours are consistent with the target risk culture where - risk is simply part of the way we work and think- . Works collaboratively with others.

Experience:

Essential Experience: (Must have skills)

- Deep understanding of relevant asset classes Rates/Credit/Equity/FX/Futures markets including vanilla and structured trading businesses ideally earned in a Middle Office/Operations environment.

- Deep understanding of the front to back processes in order to maintain a stable and controlled trade environment will be required, as ensuring that all audit and control points are addressed for both existing and new products will be a main responsibility.

- Good understanding of regulatory reporting requirements. Ideally this includes multiple global regulators (CFTC, JFSA, EMIR, Canada, and MiFID) and potential future regulations that will impact the business we support.

- Understand the key elements of the front to back processes including other infrastructure groups i.e. Finance, Risk and Control, Operational risk, Technology, Legal and Compliance

- People management experience

- Understanding of risk and control frameworks, including process documentation, control documentation and supervisory frameworks

- Excellent responsiveness, professionalism, gravitas, diplomacy

- Excellent communications and presentation skills

- Proven ability to build, develop and engage strong relationships with stakeholders

- Proven track record of project delivery within a continuous-improvement driven environment

- Proven experience of influencing internally and externally

- Ability to work within governance to creatively solve business challenges

Supplementary Experience: (Useful additional skills)

- Ability to influence and communicate at the executive level

- Knowledge of Operations, Risk & Treasury domain & systems.

Personal Attributes:

- Excellent communication, interpersonal and negotiating skills.

- Experience in creating strong partnerships with key stakeholders.

- Self Starter & proactive with determination and persistence to achieve goals.

- Ability to plan and prioritize workload efficiently and effectively.

- Creativity in problem-solving and issue resolution.

- Attention to detail.

- Excellent active listening skills.

- Strong presentation and document writing skills.

Qualifications: Require a Qualified Accountant/Regular MBA and/or Graduate degree with Banking and regulatory reporting experience

Other Significant Role Requirements: Success Profile

- Strong communication and stakeholder management

- Extensive experience of working under tight deadlines and managing multiple priorities.

Shraddha Mehta