My client, a leading Investment Bank, are looking to recruit a Regulatory Operations Analyst within the Large Holdings function. We are looking for a Market Operations background with knowledge of equities and instruments. Large Holdings understanding is needed also.
Global Markets Operations This firm is a market leader in many of the global markets and asset classes. The Global Markets Operations function sits within the Global COO division and plays an important role within the International division working with IB, Corporate and Wealth businesses to support growth and businesses, manage risk and the control environment, develop operating models, and managing change and strategy to build an effective and scalable platform.
Global Large Shareholding regulations require the firm to monitor and disclose the Firm's aggregate holdings in equity and equity related securities of publicly listed companies to regulators, exchanges and issuers. Market disclosures are preconditions to a liquid and efficient market, lowering the cost of capital and delivering benefits for investors. Global laws are complex and carry significant levels of risk that can lead to market destabilisation. Market failures lead to regulatory censure and reputational damage.
Large Holdings is the functional area within Global Market Operations responsible for ensuring the Firm meets its large shareholding monitoring, advisory and reporting obligations. The role holder will work within the Large Holdings Regulatory Operations team reporting to Global Head of Large Holdings in order to create and maintain an environment and capability that enables regulatory reporting, control and oversight across the Group in collaboration with Business Unit Compliance and Head Office functions. The role holder will manage critical and complex Group regulatory reporting requirements in collaboration with International, UK and Central Support Functions.
* Assist with the delivery of Large holdings obligations in EME which includes Monitoring, Reporting, Advisory, Surveillance and legal review. * Meet daily demands and deadlines for regulatory shareholding disclosures and ensure compliant and accurate reporting to relevant regulatory bodies. * Lead point of contact for complex queries and issues in all matters relating to long and short holding disclosures and takeover reporting globally. This includes coaching and advising key business stakeholders on regulatory implications, providing proactive leadership and steer on current regulatory landscape while managing key risks within a controlled environment. * Responsible for driving operational performance, identifying operational and technical efficiencies to ensure that the bank meets its global regulatory obligations. The role holder will work alongside technical counterparts to ensure embedded controls remain resilient during periods of change. * Enhance organisational framework, representing the global function at applicable working groups and on Governance projects. The role holder will work closely with Technology to enhance the integrity of trading data across the group to mitigate potential failings. This includes conducting procedural and process enhancements. * Respond to regulatory, legal and internal/external audit inquiries, as deemed necessary. The role holder will be expected to spearhead the harmonisation and synergy between Control Group Functions and continue to implement a robust and cutting-edge surveillance program. Person Specification:
* While not a pre-requisite, the ideal candidate should have an understanding of Large Holdings regulations including a technical understanding of calculation methodologies and the associated regulatory risks. The candidate should have experience in working in a Compliance environment, working with senior stakeholders and enhancing the processes and supporting technology to ensure effective delivery of its objectives. * The ideal candidate must have excellent business judgement and a willingness to exercise it. The candidate must have a professional demeanour and possess considerable presence, impact and gravitas that will command respect within the organisation and with regulators. * Be able to work constructively across the company, incorporating the needs of diverse stakeholders. The individual must have a pragmatic approach to problem-solving, a flexible, consultative working style and possesses the ability to drive change where required. The candidate must be used to working to tight deadlines, be results and performance focused be confident to be able to communicate with purpose and clarity both in written and verbal formats. * The ideal candidate must be ambitious and hard working with great attention to detail. * Experience working within a top-tier banking institution or equivalent. The ideal candidate must hold a Bachelor's degree or equivalent in related discipline. * The candidate must be competent in MS applications, particularly Excel, PowerPoint and Word.