Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Track and analyse trade regulations, ensuring compliance and efficiency.
- Company: Join a well-established leader in the Financial Services industry.
- Benefits: Enjoy competitive pay, hybrid working options, and exposure to key compliance areas.
- Why this job: Be part of a dynamic team, enhancing your skills in a crucial regulatory environment.
- Qualifications: Experience in trade reporting and SFTR is essential; analytical skills are a must.
- Other info: This temporary role offers a chance to make a real impact in Risk & Compliance.
The predicted salary is between 72000 - 90000 £ per year.
This role will track and analyse regulatory communications and updates across EMEA regulators regarding all trade and transaction reporting regulations, including Securities Financing Transaction Regulation (SFTR).
This opportunity is with a well-established organisation within the Financial Services industry. Operating as part of a large organisation, the company is known for its structured approach to compliance and reporting practices.
Responsibilities:
- Track and analyse regulatory communications and updates across EMEA regions, ensuring the organization remains compliant with SFTR requirements.
- In conjunction with assigned SMEs, build, analyse, scope the fix, and document detailed technical business requirements to support new requirements and reflect any required changes to increase efficiency and reduce risk.
- Run and analyse reconciliations utilising the selected vendor tool DUCO to ensure completeness and accuracy for EMIR.
- Learn how to build/customise reconciliations using the DUCO tool, as required for any additional control gaps identified.
- Communicate within a multi-disciplinary team, gain consensus for the best solution, and implement the required changes within the required timeframe and quality parameters.
- Ensure that the business case, plans, and control processes have sufficient detail and have evaluated the potential impact of the changes made, including a traceability matrix.
- Involve the appropriate staff or teams to help run timely reconciliations as part of the control framework, assess the impact, agree on solutions, ensure high-quality controls, testing, and delivery of changes, and help resolve any issues.
- Present issues and remediation plans to senior stakeholders across Compliance, Ops, Tech and Vendors.
- Ensure resolution of the issues identified from the process, enhance the reconciliation elements/scope, test controls, deliver changes, and produce and share MI across various governance groups.
Profile:
- Prior experience in trade and transaction reporting within the Financial Services industry.
- Prior experience with Securities Financing Transaction Regulation (SFTR).
- Broad and deep subject matter expertise across all TTR regulations.
- Ability to run, build and analyse reconciliations and issue identified.
- Ability to work autonomously in analysing quality assurance reports (from Kaizen) to determine and quantify the impact on the firm.
- Ability to support BAU submission, exception review, client queries as and when required.
Job Offer:
- Competitive daily rate of approximately £400 to £500/day.
- Opportunity to work with a leading organisation in the Financial Services industry.
- Temporary role offering exposure to a key area within Risk & Compliance.
- Based in London, with potential for hybrid or flexible working arrangements.
If you're ready to bring your expertise in Trade & Transaction Reporting to a new challenge in London, we encourage you to apply today!
Trade & Transaction Reporting, Business Analyst - Banking employer: Michael Page Banking
Contact Detail:
Michael Page Banking Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Trade & Transaction Reporting, Business Analyst - Banking
✨Tip Number 1
Familiarise yourself with the latest updates on Securities Financing Transaction Regulation (SFTR) and other trade reporting regulations. This will not only help you understand the role better but also demonstrate your proactive approach during discussions.
✨Tip Number 2
Network with professionals in the Financial Services industry, especially those who have experience in trade and transaction reporting. Engaging in conversations can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Gain hands-on experience with reconciliation tools like DUCO. If you can showcase your ability to build and customise reconciliations, it will set you apart from other candidates and show your readiness for the role.
✨Tip Number 4
Prepare to discuss how you would handle multi-disciplinary team communications and consensus-building. Having specific examples ready will illustrate your collaborative skills and your ability to implement changes effectively.
We think you need these skills to ace Trade & Transaction Reporting, Business Analyst - Banking
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Trade & Transaction Reporting, Business Analyst position. Tailor your application to highlight relevant experience in trade and transaction reporting, particularly with SFTR.
Highlight Relevant Experience: In your CV and cover letter, emphasise your prior experience in the Financial Services industry, especially any roles that involved regulatory compliance or transaction reporting. Use specific examples to demonstrate your expertise.
Showcase Analytical Skills: Since the role involves tracking and analysing regulatory communications, be sure to showcase your analytical skills. Mention any tools or methodologies you've used for analysis, such as DUCO, and how you've applied them in previous roles.
Communicate Effectively: The job requires communication within a multi-disciplinary team. In your application, provide examples of how you've successfully collaborated with different teams or stakeholders to implement solutions or resolve issues.
How to prepare for a job interview at Michael Page Banking
✨Know Your Regulations
Make sure you have a solid understanding of trade and transaction reporting regulations, especially the Securities Financing Transaction Regulation (SFTR). Be prepared to discuss how these regulations impact the organisation and share any relevant experiences you've had in this area.
✨Demonstrate Analytical Skills
Since the role involves tracking and analysing regulatory communications, be ready to showcase your analytical skills. Prepare examples of how you've successfully analysed data or reconciliations in previous roles, and how you approached problem-solving in those situations.
✨Familiarise Yourself with DUCO
As the position requires using the DUCO tool for reconciliations, it would be beneficial to familiarise yourself with its functionalities. If possible, try to learn about customising reconciliations and be ready to discuss how you would approach this task.
✨Communicate Effectively
This role involves working within a multi-disciplinary team, so strong communication skills are essential. Prepare to discuss how you've effectively communicated with different stakeholders in the past, and be ready to demonstrate your ability to gain consensus on solutions.
