Senior Associate Transaction Reporting - Mandarin Speaking in London

Financial Markets Middle Office department cooperates with Head Office to conduct market, credit, operational risk monitoring and reporting of London Trading Centre and Global Financial Markets (GFM) in Bank of China (BOC) London Branch and Bank of China (UK) Limited, and other overseas branches to meet the relevant policies and requirements in respect of risk framework establishment and implementation. As a Senior Associate Transaction Reporting - Mandarin Speaking, you will support the Bank in meeting its regulatory reporting obligations under EMIR/EMIR Refit, MiFID II, MiFIR, and other regulations. You will be responsible for the submission of transaction reports for the Bank and the London Trading Centre's bilateral trades, including delegated reporting on behalf of clients. You will also be responsible for the collateral management operations relating to ISDA/CSA, GMRA/MRA and other bilateral margin agreements for the Bank and Head Office. This is a full time permanent position.

Key responsibilities

• Perform daily regulatory transaction reporting activities under MiFID II, EMIR and other regulations where applicable
• Monitor transaction reports and remediate errors and exceptions by investigating root causes, correcting data issues and resubmitting reports when required
• Perform collateral management activities for Financial Institution (FI) and Corporate clients, including valuation, margin calls, reconciliations and dispute resolution
• Undertake collateral management operations with FI counterparties in the EU time zone on behalf of Head Office
• Collaborate with relevant stakeholders to enhance the Bank’s transaction reporting framework, policies and procedures
• Liaise between business and technical teams, supporting translation of business and regulatory requirements into detailed technical requirements
• Support with improvements to internal systems impacting reporting
• Coordinate with internal stakeholders and liaise with third parties/vendors to support system development, improvement, testing and tracking issues
• Prepare Management Information (MI) when required
• Provide backup support for other teams and team members as required

Requirements

• Degree educated preferably in Banking, Finance, or other relevant subject
• Proven track record in similar business stream, ideally gained within the Financial Services or Banking sector
• Experience in IT implementation is preferable
• Good knowledge of transaction reporting regulations including EMIR, MiFID, and SFTR and the associated data, systems and reporting flows
• Knowledge of Banking products is preferable
• Excellent English and Mandarin communication skills
• Advanced Excel and coding skills (e.g. VBA, Macros) are preferable
• Able to explain complex business and/or technical concepts to stakeholders across a wide spectrum of business areas
• Highly organised and able to multi-task
• Able to work in a fast paced environment that requires an agile approach to recommending solutions
• Attention to detail
• Results oriented

Having a presence in the UK for more than 90 years, Bank of China London Branch has been providing an excellent financial service to the market and maintain its competitive edge as an international bank operated in the UK. It has employees in over 33 countries, and it is one of the most internationalised overseas branch in the Bank of China Group. The Bank values the diversity of its employees and aims to create an inclusive environment where everyone can speak up and enjoy the equal opportunities to grow both personally and professionally.