Regulatory Reporting Technical Analyst

Mitsubishi UFJ Financial Group, City of Westminster

Regulatory Reporting Technical Analyst

Salary Not Specified

Mitsubishi UFJ Financial Group, City of Westminster

  • Full time
  • Permanent
  • Onsite working

Posted 4 days ago, 30 Nov | Get your application in now to be included in the first week's applications.

Closing date: Closing date not specified

job Ref: 78617c103f7042c9bea241e79cb02465

Full Job Description

The primary objective of the Operations TEC team is to support the Operations Business. This includes supporting and maintaining all production systems used by the Operations Business and supporting the Operations Business users and other related departments within MUSE. This covers the full suite of back office functionality including Collateral management, trade settlement, Cash management/funding, reconciliations and regulatory reporting., We have an exciting opportunity for an experienced Regulatory Reporting SME to join the Regulatory Change function within Operations Technology. The main focus of the role is to perform the business analysis of the issues being raised to the team, determining and documenting the requirements for the teams developers. The role with also work with the key stakeholders to help to determine the priorities of the development required and ensuring that all changes do not negatively impact the 'completeness' and 'accuracy' of MUFG's trade & transaction reporting. This includes checking and validating changes from a regulatory perspective and assisting with the UAT testing process and signoff. The candidate would need strong regulatory reporting 'hands on' knowledge across a number of regulatory reporting regimes with experience of 'best practice' in governance and controls in a regulatory reporting environment., To support the Transaction Reporting Technology Team's Regulatory Reporting projects, providing analysis and determining requirements to resolve the issues raised to the team. This would include:

  • Produce Business Requirements relating to the reporting of any trades and transactions in scope of SFTR regulation
  • Assist in the creation of business requirements and analysis to other G20 regulations such as MiFID and EMIR
  • Fully document scope of all related business and functional requirements, relating to each deliverable, and ensure these are understood by business and operational stakeholders
  • Ensure all changes that could impact regulatory reporting obligations follow the defined governance & control framework.
  • Work closely with Change, Operations, Compliance and other areas within Technology to ensure all Regulatory reporting deliverables are implemented accurately across all regimes and at the appropriate priority.
  • Implement 'best practices' in terms of validating current regulatory reporting requirements and ensure future reporting requirements and changes adhere to these 'best practices'.
  • Define and template appropriate tests strategies & test cases required to detect issues with changes developed by the team
  • Assist with the UAT process and testing of changes that have been developed by the team
  • Understanding the current regulatory reporting governance, controls and architecture in place at MUFG [Front to Back]

    Would expect the candidate to have:
  • Strong working understanding of transaction reporting requirements under SFTR regulations
  • Good experience in MiFID II (both Real time and T+1), EMIR, CFTC
  • Excellent knowledge of FpML and XML standards used for Transaction Reporting
  • Track record of delivering Transaction Reporting projects, including new initiatives or remediation projects
  • Strong product knowledge across Repo, Securities Lending.
  • As secondary, good product understanding of Equities, Bonds, ETD's and OTC derivatives
  • Knowledge of project lifecycle and demonstratable knowledge of participation in all aspects of UAT cycles
  • Effective at network building and forming relationships.
  • Ability to work effectively in matrix structure and to leverage the input / engagement of colleagues in other departments
  • Strong functional knowledge of operations and trade life cycles
  • Strong analytical and problem solving skills
  • Proficient with core Microsoft desktop software
  • Preferred additional skills / experience
  • Experience Pirum & IHS Markit
  • Apex / Murex knowledge/experience
  • Technical background that could help interrogate SQL databases
  • Knowledge of issue remediation tools such as JIRA

    Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial groups. Across the globe, we're 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.
  • With a vision to be the world's most trusted financial group, it's part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career. Join MUFG, where being inspired is expected and making a meaningful impact is rewarded. Overview of the Department/Section: MUFG (Mitsubishi UFJ Financial Group) is one of the world's leading financial groups. Headquartered in Tokyo and with approximately 350 years of history, MUFG is a global network with around 2,300 offices in over 50 countries including the Americas, Europe, the Middle East and Africa, Asia and Oceania, and East Asia.. The group has over 150,000 employees, offering services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. As one of the top financial groups globally with a vison to be the world's most trusted, we want to attract, nurture and retain the most talented individuals in the market. The size and range of MUFG's global business creates opportunities for our employees to stretch themselves and reap the rewards, whilst our common values, to behave with integrity and responsibility, and to build a culture which is fair, transparent, and honest, underpin everything that we do.We aim to be the financial partner of choice for our clients, whatever their requirements, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world. MUFG's shares trade on the Tokyo, Nagoya, and New York (NYSE: MTU) stock exchanges. The group's operating companies include, but are not limited to, Bank of Tokyo-Mitsubishi UFJ, Mitsubishi UFJ Trust and Banking (Japan's leading trust bank), Mitsubishi UFJ Securities Holdings (one of Japan's largest securities firms), and MUFG Americas Holdings., MUFG operate a hybrid working policy with 3 days per week in the office. We are open to considering flexible working requests in line with organisational requirements. MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership. We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.

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