Markets & Securities Services - Trade Support Assistant Vice President

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

This role will track and analyse regulatory communications and updates across EMEA regulators regarding all trade and transaction reporting regulations, including European Market Infrastructure Regulation (EMIR Refit).

Required Expertise

• Broad and deep subject matter expertise across all TTR regulations, specifically EMIR including Refit
• Ability to work autonomously in analysing quality assurance reports (from Kaizen) to determine and quantify the impact on the firm
• Ability to run reconciliations and analyse issues identified
• Ability to support BAU submission, exception review, client queries as and when required 

Position Description

Track and analyse regulatory communications and updates across EMEA regions, ensuring the organization remains compliant with EMIR Refit requirements .Kaizen Reports Management: Review, validate, and manage tri-annual Kaizen reports, addressing issues and overseeing fixes.Conduct User Acceptance Testing (UAT) and regression testing, ensuring quality and resolving defects.Change Management: Stay updated on new products and regulatory changes, driving change management and providing training.Gather and analyse data for live and matured backreporting, ensuring accuracy and timeliness. Identify opportunities for improving backreporting processes and implement changes to enhance efficiency and accuracy.In conjunction with ITSD, analyse the scope of the fix, and document detailed business requirements to support Trade & Transaction Reporting and reflect any required changes to increase efficiency and reduce risk.Communicate within a multi-disciplinary team, gain consensus for the best solution, and implement the required changes within the required timeframe and quality parameters.Run and analyse reconciliations utilising the selected vendor tool DUCO to ensure completeness and accuracy for EMIRLearn how to build / customise reconciliations using the DUCO tool, as required for any additional control gaps identifiedInvolve the appropriate staff or teams to help run timely reconciliations as part of the control framework, assess the impact, agree on solutions, ensure high-quality controls, testing, and delivery of changes, and help resolve any issues.Present issues and remediation plans to senior stakeholders across Compliance, Ops and Tech

Competencies

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!!