EMIR Trade and Transaction Reporting Product Lead
London, LND, GB, EC2M 2AT
SMBC: A trusted partner for the long term
Here at SMBC Group, we want to help you find the next step in your career so read on to discover if this opportunity is the one for you. We like to recognise potential in our people, so we welcome your application even when your experience doesn’t perfectly align with the job description. Whilst we’ll always strive to be better, we’re proud of our inclusive culture, and encourage our applicants and colleagues to be their authentic, unique selves.
Who we are
United by a sense of purpose towards our customers – to be a trusted partner for the long-term – and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future.
Role Summary
Hiring manager to edit here:
Is the next step in your career at SMBC Group EMEA? We’re looking for a EMIR Trade and Transaction Reporting (TTR) lead for our TTR Technology team.
You will be responsible for full lifecycle delivery of EMIR TTR projects and enhancements for both our capital markets and corporate/institutional businesses. You will work autonomously between business and software development stakeholders to ensure optimal solution delivery within tight regulatory timelines.
This role requires the candidate to:
- Clarify business requirements and determine the solution design for deliveries within the EMIR TTR workstream
- Manage diverse stakeholder expectations and obligations to ensure successful delivery and compliance with our regulatory obligations under EMIR TTR.
- Support the TTR Lead and other TTR delivery streams (SFTR, MiFID) as required.
To be successful, the candidate will require:
- Extensive solution delivery experience, preferably in a sell-side busines of EMIR TTR solutions
- Deep understanding of the requirements of EMIR, with a good understanding of associated product data structures as well as an understanding of one of MiFID or SFTR TTR.
- Extensive analysis/design experience, testing, and solution delivery experience as well as using data analysis tools.
Business Area
This role reports to the TTR lead, who reports to the head of Cross Products within the ITSD/OPPD department.
Position Description
The EMIR Trade and Transaction Reporting Product Lead:
- is responsible for delivering IT Change into EMIR/EMIR Refit TTR workstream.
- Consult to business, Compliance and IT (development and QA) on all facets of EMIR transaction reporting to ensure optimal delivery of change.
- Perform detailed data analysis, identifying transaction reporting issues, back reporting datasets, and supporting root-cause analysis.
- Ensure team processes and procedures are adhered to, and contributing to continual improvement in team delivery and productivity.
- Curate, maintain and ensure ongoing accuracy of product backlog for the TTR Product stream within Jira and Confluence
- Ensure agile delivery methodologies are adhered to.
Knowledge, Skills, and Experience
- Experience and understanding of a Derivatives and Securities trading, operational and regulatory environment
- Excellent analytical, strategic thinking and problem-solving skills, including a thorough understanding of how to interpret business needs and translate them into application and operational requirements
- Strong self-starter with excellent verbal and written communications skills
- Demonstrated experience of creating technical requirements/specification documentation
- Evidenced experience in a Business Analyst engagement in Trade and Transaction Reporting under EMIR and either MiFID II or SFTR projects in line with cost, quality and time constraints to the highest standard within a financial organisation or software vendor.
- Strong work ethic with focus on meeting deadlines and objectives
- Agile Delivery ‐ Demonstrate experience of managing end to end delivery of technical change in line with strategic goals, from initiation and design to implementation and closure
- Experience of front to back office trading and associated systems
- Experience with Vendor Management preferred
- Demonstrated understanding and delivery, including migration, Transaction Reporting projects or remediation relating to Financial Services
- Understanding of Regulatory processes and BAU expectations
- Strong verbal and written communication skills. Ability to communicate effectively and confidently with users, team members and management
- Demonstrated experience dealing with high level stakeholders in a financial environment
- Graduate degree in Finance or Regulatory discipline preferred
- Experience with other financial services regulatory projects preferred.
- Good Excel based spreadsheet, quantitative and data management skills
- Experience in both waterfall and agile delivery preferred.
- Knowledge of software for use in project life cycles, e.g. JIRA, Confluence, MS Project, Visio
- Strong skills working with MS Project, MS Word, and MS Power Point.
- Familiarity with .net and C#, python, VBA, or other relevant languages preferred
What we offer
For all the expertise and experience you bring to help us make a difference, it’s only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well-bring and work-life balance. We also believe in fostering a diverse and inclusive work environment, where all team members perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks.
As an employee of SMBC you have access to a host of both useful and exciting benefit offerings. See below some of the benefits on offer to you:
- Hybrid and flexible working
- Competitive paid leave days
- Benefits to support your physical wellbeing, including private medical insurance and life and invalidity insurance
- Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services
- Access a wide range of learning and development opportunities and career progression opportunities
- Ambitious remuneration package
So, if you like a challenge and want to continuously grow and develop in a role where you will be supported along the way by a dynamic and diverse team, apply today!!
We recognise our role as a bank to support social change and welcome all applications, including those from groups often under-represented in financial services. We value the uniqueness of professional and personal, backgrounds and perspectives as they play a vital role in continuing the sustainable growth of our organisation. We’ll ensure reasonable adjustments to our recruitment process are offered due to a disability or long-term condition whenever requested.