Wholesale NFRR Manager - Regulatory Reporting in London

KPMG is one of the world's largest and most respected consultancies. We have supported the UK through times of war and peace, prosperity and recession, political and regulatory upheaval. We have proudly stood beside the institutions and businesses which make the UK what it is.

By encompassing a wide range of disciplines across a breadth of areas such as Risk and Regulatory, we become immersed in our clients' organisations, applying sector knowledge and technology solutions to deliver the best possible outcomes and get it right first time.

As a Manager in the Wholesale Non-Financial Regulatory Reporting (NFRR) team, you will be managing technical client projects and supporting internal product development. You will be expected to keep abreast of all latest trends and upcoming changes to regulations.

You will lead workstreams on strategic engagements that help financial services clients focus on their NFRR obligations including MiFID II and all G20 (EMIR, CFTC, SFTR, ASIC, MAS, SEC, JFSA) derivative reporting.

What will you be doing?

• Work closely with senior stakeholders supporting them on optimisation of regulatory compliance, operating model reviews, vendor selection activities, and providing market insights.
• Manage technical client projects and support internal product development around risk and regulatory issues for our clients.
• Projects could include trade and transaction reporting business impact assessments, trading control assessments, implementation exercises and target operating model design/reviews.
• Advise clients on the impact of regulations and any regulatory changes, current industry practices and advancements.
• Keep abreast of all latest trends and new regulations, leveraging our international SME support where applicable.
• Provide post implementation review and controls assurance covering both industry best practices and regulatory rules, including data testing where applicable.
• Support firms to provide remedial assistance through identification of issues, performance of root cause analysis and supporting back reporting to enable complete, timely and accurate transaction reporting.
• Support the NFRR leadership team with driving collaboration across the UK NFRR community across sectors (Banking, asset management, corporates and FinTechs).
• Contribute to internal proposition development and business development activities including proposal writing and client pitches.
• Provide coverage across our banking clients (predominantly retail and wholesale but may also include FinTechs).
• Leverage technology (e.g. Transaction reporting analytics, AI) to enhance regulatory and risk reporting effectiveness and efficiency.
• Manage junior team members, providing coaching, feedback, and development support.
• Build strong relationships with client stakeholders across Risk, Compliance, Operations, and Technology functions.
• Support firms with the design, development and implementation of all aspects of non-financial regulatory reporting, including regulatory interpretation, governance, impact assessment and change management.

What will you need to do it?

• Strong understanding of financial products (i.e. securities, derivatives).
• Strong understanding of banks and/or trading businesses, including an understanding of financial services firms' businesses, front to back trade life cycles, products, structures, governance frameworks, regulatory reporting, risk management and process and control arrangements, in the Banking and/or Investment Management sectors.