Regulatory Reporting, Assistant Vice President

Who we are looking for

We are looking for a candidates with 12+ Years of experience in Regulatory Reporting ( MIFID / EMIR/SFTR ). To be successful in this role, candidates should have a strong understanding of financial products, derivatives markets, and trading strategies, as well as familiarity with regulatory reporting requirements and data analysis tools. Strong attention to detail, problem-solving skills, and the ability to work well under pressure are also essential. A bachelor's degree in finance, accounting, or a related field is typically required, along with several years of relevant work experience.

Why this role is important to us

The team you will be joining is a part of State Street Markets. When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to SSGM business unit. As our investment research and trading arm, SSM’s number one goal is to enhance and preserve our clients’ portfolio values by applying technology, optimizing trading, and linking asset classes and markets across the world.

Join us if making your mark in the capital markets industry from day one is a challenge you are up for.

What you will be responsible for

As Regulatory Reporting, Assistant Vice President you will

The Regulatory Reporting team has the responsibility of ensuring SSM meets itself as well as delegating reporting obligations under EMIR, MiFID, CFTC and SFTR.  The team has the responsibility to report the FX and SF transactions emanating from its various trading venues.

• Proactively scrutinize E2E (end-to-end) deliverables of your vertical and ensure completion of all tasks pertaining to each jurisdiction
• Comprehensive management and monitoring of team deliverables
• Be the most erudite subject matter expert across regulations, process, system architecture, contact points and products
• Operate as the Checker of process and exception management, ensure all Checker activities are performed with sincerity and credibly evidenced
• Be the penultimate implementer of Governance and Controls within Regulatory Reporting process; explore AI capabilities that could eradicate all human and operational risk
• Plug all loopholes which can potentially result into any negative ramifications from Regulators and Auditors
• Take ownership and ensure accuracy and timely maintenance of all SOPS, Checklists, Controls, Error Logs, KPIs and KRIs always
• Absolute Ownership and Accountability of the team deliverables
• Regular engagement with directs as well as skip level employees
• Create an atmosphere of fairness and trust within team where everyone can approach you and share their concerns and challenges without any fear of illegitimate rebuttal
• Devote time to the weakest members of the team, mentor them proficiently and aid them to come up the curve
• Walk the talk, demonstrate the qualities and performance yourself what you preach to people
• Establish credible network with peers and seniors across local and global locations
• Imbibe and reflect State Street cultural traits and values in day-to-day duties
• Establish a culture of continuous learning, improvement, excellence and proactive ideation capabilities within the team
• Create apposite backups for self as well as pivotal members of the team, ensure there is enough fungibility across resources to cater to contingency situations
• Be the primary point of contact of stakeholders preceding the VP, any queries, concerns or requests raised for or within your vertical needs to be routed via you
• Must have in depth functional knowledge on the complete periphery of products and regulations within the gamut of Regulatory Reporting
• Proactively drive continuous improvement initiatives to streamline operating models, gain efficiency, identify and mitigate control gaps by improving existing process
• Work closely with Ops team in collaboration with Technology, Product Owners and Change Management teams to enrich the process and implant strategies for tomorrow

What we value

These skills will help you succeed in this role

• Communicates effectively and accurately in English
• Strong leadership, management, and organizational skills
• Ability to work under pressure and to tight deadlines
• Team player
• Ability to work on own initiative
• Very good management skills
• Self- motivated, flexible, personable
• Good working knowledge of software packages, particularly Microsoft Excel
• Good interpersonal skills and an understanding of the rudimentary aspects of the global financial industry and also to FX Product, Securities Finance Product knowledge with  Regulatory reporting of SFTR, EMIR, MIFID and CFTC would be advantageous.

Education & Preferred Qualifications

• 12+ years of functional work experience in trade and transaction reporting operations - worked in one or more of the Regulations - CFTC/EMIR/MIFID/SFTR
• Reconciliation experience in Regulations is a plus

• Graduate and above preferably in Finance
• B.COM, BBM/BBA. MBA (Finance), M.COM or any degree related to Finance or Commerce
• Professional certifications such as the CFA, CPA, or FRM may also be beneficial.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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