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Transaction Reporting Business Analyst

Chester, , United Kingdom

Job Description:

Job Title: Transaction Reporting Business Analyst 

Corporate Title: Vice President

Location: Chester

Role Description:

TR Ops is responsible for ensuring the completeness, accuracy and timeliness of the Bank’s transaction reporting obligations across multiple global regulatory jurisdictions. The global team is functionally aligned into the following teams: Submission Control, Enhanced Quality Assurance, Delegated Reporting, Remediation, Initiatives and Governance.

The Team:

TR Ops is responsible for ensuring the completeness, accuracy and timeliness of the Bank’s transaction reporting obligations across multiple global regulatory jurisdictions. The global team is functionally aligned into the following teams: Submission Control, Enhanced Quality Assurance, Delegated Reporting, Remediation, Initiatives and Governance.

This role is within the Remediation team within Transaction Reporting Operations. The purpose of the team is to apply analytical and project management expertise to Transaction Reporting breaches which have been identified, working with colleagues in Compliance, Operations and Technology until resolved. This is a very hands on role, ideal for someone who has a keen eye for detail, yet also seeks the autonomy of managing and delivering on remediation projects.

Core Skills:

  • Basic understanding of the regulatory trade and transaction reporting landscape would be ideal
  • Familiar with key regulations covered by TR Ops: EMIR, MIFID (desired: REMIT, SMMD, MIFID II)
  • Prepared to remain current on the regulatory reporting landscape to ensure the firm’s reporting remains in step with any changes
  • Industry Experience:
  • Experience of working in Banking MO, Operations or other relevant functions
  • Experience in remediating transaction reporting issues, including back-reporting
  • Familiar with key trade flow components: how trades are booked, cleared, captured, consumed by the reporting systems, processed, submitted to the regulatory / repository)
  • Product specific knowledge inside / outside of transaction reporting operations
  • Experience in key transaction reporting systems and how they interact with each other

Business Analysis / Project Management

  • Project experience: extensive business analysis, project management, data analysis, and testing skills are required for this role.
  • Exposure to working with remediation of regulatory mis-reporting is an advantage.
  • Able to translate strategies into plans that can be effectively executed
  • In-depth understanding of the FS regulatory landscape and experience in leading regulatory projects
  • Experience in aligning resources in order to deliver sustainable results
  • Stakeholder / Client Management:
  • Experience in managing cross-functional senior stakeholders

Bank of America:

Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.

In line with these values, in EMEA we have 9 Employee Networks, a wide range of Sports & Social clubs, and other development and networking opportunities so that you can enjoy a range of experiences and connect with colleagues across the bank. We also offer exclusive discounts to some of the most iconic cultural experiences for you to enjoy in your spare time outside of work. Learn more about our benefits here.

Good conduct and sound judgment 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.

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.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements. As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.

Job Band:

H5

Shift: 

Hours Per Week:

35

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Job Title: Transaction Reporting Business Analyst 

Corporate Title: Vice President

Location: Chester

Role Description:

TR Ops is responsible for ensuring the completeness, accuracy and timeliness of the Bank’s transaction reporting obligations across multiple global regulatory jurisdictions. The global team is functionally aligned into the following teams: Submission Control, Enhanced Quality Assurance, Delegated Reporting, Remediation, Initiatives and Governance.

The Team:

TR Ops is responsible for ensuring the completeness, accuracy and timeliness of the Bank’s transaction reporting obligations across multiple global regulatory jurisdictions. The global team is functionally aligned into the following teams: Submission Control, Enhanced Quality Assurance, Delegated Reporting, Remediation, Initiatives and Governance.

This role is within the Remediation team within Transaction Reporting Operations. The purpose of the team is to apply analytical and project management expertise to Transaction Reporting breaches which have been identified, working with colleagues in Compliance, Operations and Technology until resolved. This is a very hands on role, ideal for someone who has a keen eye for detail, yet also seeks the autonomy of managing and delivering on remediation projects.

Core Skills:

  • Basic understanding of the regulatory trade and transaction reporting landscape would be ideal
  • Familiar with key regulations covered by TR Ops: EMIR, MIFID (desired: REMIT, SMMD, MIFID II)
  • Prepared to remain current on the regulatory reporting landscape to ensure the firm’s reporting remains in step with any changes
  • Industry Experience:
  • Experience of working in Banking MO, Operations or other relevant functions
  • Experience in remediating transaction reporting issues, including back-reporting
  • Familiar with key trade flow components: how trades are booked, cleared, captured, consumed by the reporting systems, processed, submitted to the regulatory / repository)
  • Product specific knowledge inside / outside of transaction reporting operations
  • Experience in key transaction reporting systems and how they interact with each other

Business Analysis / Project Management

  • Project experience: extensive business analysis, project management, data analysis, and testing skills are required for this role.
  • Exposure to working with remediation of regulatory mis-reporting is an advantage.
  • Able to translate strategies into plans that can be effectively executed
  • In-depth understanding of the FS regulatory landscape and experience in leading regulatory projects
  • Experience in aligning resources in order to deliver sustainable results
  • Stakeholder / Client Management:
  • Experience in managing cross-functional senior stakeholders

Bank of America:

Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.

In line with these values, in EMEA we have 9 Employee Networks, a wide range of Sports & Social clubs, and other development and networking opportunities so that you can enjoy a range of experiences and connect with colleagues across the bank. We also offer exclusive discounts to some of the most iconic cultural experiences for you to enjoy in your spare time outside of work. Learn more about our benefits here.

Good conduct and sound judgment 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.

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.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements. As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.

Learn more about this role

Full time

JR-21082377

Band: H5

Manages People:

Manager:

Talent Acquisition Contact:

Katie Whitehead

Referral Bonus:

0

Street Address

Primary Location:
Herons Way, Chester, CH4 9FE