Graduate Analyst - Transaction Reporting (Managed Services) in London

Novatus Global is a Series B scale-up RegTech SaaS provider and boutique advisory firm, helping financial institutions manage their most complex regulatory requirements. We combine deep consulting expertise with cutting-edge SaaS solutions, enabling clients to strengthen compliance, enhance resilience, and drive sustainable growth. Our flagship SaaS platform, En:ACT (short for Ensuring Accurate, Complete and Timely reporting), is a market-leading solution for regulatory transaction reporting and reconciliation across global regimes.

The Analyst will support the delivery of regulatory reporting services for clients across global financial markets. The role focuses on assisting with transaction reporting advisory, remediation programmes, back-reporting of transactions, and execution of Business-as-Usual reporting activities under regulatory regimes such as MiFID II Transaction Reporting, EMIR (European Market Infrastructure Regulation), and SFTR (Securities Financing Transactions Regulation). This role is suitable for recent graduates or early-career professionals looking to build experience in financial markets, regulatory reporting, and data analysis within a fast-growing RegTech environment.

Key Responsibilities:

• Support the execution of daily BAU regulatory reporting processes across reporting regimes including MiFID II, EMIR, and SFTR.
• Assist with the monitoring, validation, and reconciliation of transaction reports submitted to regulators, Approved Reporting Mechanisms (ARMs), Trade Repositories (TRs), or other reporting infrastructures.
• Investigate and resolve reporting exceptions, validation errors, and rejected reports.
• Ensure regulatory reporting obligations are met within required reporting timelines and service level agreements.
• Maintain accurate documentation of BAU processes and operational procedures.
• Assist in analysing client transaction and position data to identify reporting gaps, errors, and inconsistencies.
• Support the preparation and submission of regulatory reports under MiFID II, EMIR, and SFTR.
• Participate in back-reporting exercises and remediation programmes to correct historical reporting inaccuracies.
• Validate trade and reference data fields against regulatory reporting requirements.
• Support reconciliation activities between internal systems, trade repositories, and regulatory reporting outputs.
• Assist senior team members in delivering advisory support to clients regarding transaction reporting and regulatory reporting obligations.
• Conduct research on regulatory requirements across regimes such as MiFID II, EMIR, and SFTR.
• Support the preparation of regulatory documentation, client reports, and remediation plans.
• Assist in documenting regulatory interpretations, reporting procedures, and operating models.
• Perform data reconciliation between front office systems, middle office systems, and regulatory reporting outputs.
• Conduct root cause analysis on reporting errors and data quality issues.
• Assist in implementing data quality controls and validation processes to improve reporting accuracy.
• Support data mapping and field validation exercises across regulatory reporting datasets.
• Work collaboratively with team members to deliver client engagements within agreed timelines.
• Support preparation of client reports, findings, and remediation recommendations.
• Participate in client meetings, workshops, and project discussions when required.
• Maintain documentation of processes, methodologies, and project deliverables.
• Contribute to internal knowledge sharing and continuous improvement initiatives.
• Support the development and enhancement of internal reporting tools, controls, and processes.

About You:

• Bachelor’s degree (or equivalent) in Finance, Economics, Mathematics, Business, Data Analytics, Computer Science, or a related discipline.
• Basic understanding of financial markets and the trade lifecycle.
• Strong analytical and data interpretation skills.
• Proficiency in Microsoft Excel (data analysis, formulas, pivot tables).
• Familiarity with SQL, Python, or other data analysis tools is advantageous.
• Strong attention to detail and accuracy.
• Analytical and problem-solving mindset.
• Good written and verbal communication skills.
• Ability to work effectively in a collaborative team environment.
• Strong organisational skills and ability to manage multiple tasks and deadlines.

Desirable Experience:

• Awareness of regulatory reporting regimes such as; MiFID II Transaction Reporting, EMIR derivatives reporting, SFTR securities financing transaction reporting.
• Internship or prior exposure to financial services, compliance, regulatory reporting, or fintech.
• Exposure to transaction reporting systems, ARMs, or Trade Repositories.
• Understanding of regulatory data elements such as ISIN, LEI, MIC, UTI, UPI, and execution venue identifiers.
• Experience working with large datasets or reconciliation processes.

Perks & Benefits:

• Private Medical Insurance (AXA) – includes mental health, dental, vision, and private GP access.
• Life Insurance (4× salary) with Unum.
• Unum’s Help@Hand: includes medical second opinions, physiotherapy, lifestyle coaching, savings and discounts, and cancer support services for you, your partner, and your child(ren).
• Employee Assistance Program.
• Enhanced parental leave (maternity & paternity).
• Professional qualification sponsorship.
• Accelerated career progression based on performance, not tenure.
• Holiday entitlement increases with tenure.
• Flexible hours with core collaboration time.
• Paid volunteering leave.
• Gym & fitness discounts.
• Quarterly socials, and office snacks & drinks.
• Interest-based working groups to collaborate and innovate.

Novatus is an Equal Opportunity Employer. All employment decisions are made based on business needs, role requirements, and individual qualifications, without regard to race, age, religion or belief, sex, sexual orientation, gender identity or expression, marital or civil partnership status, pregnancy or maternity, socioeconomic background, disability, or any other characteristic protected under the Equality Act 2010. We maintain a workplace culture that is inclusive, respectful, and supportive. Our recruitment and selection processes are designed to ensure fairness and consistency for all candidates.