Regulatory Reporting Officer Regulatory Reporting Officer …

Northern Trust
in London, England, United Kingdom
Permanent, Full time
Last application, 20 Jun 19
Northern Trust
in London, England, United Kingdom
Permanent, Full time
Last application, 20 Jun 19
Northern Trust
Regulatory Reporting Officer
Role Purpose:

Northern Trust Asset Management is a multi-asset class investment manager offering a broad range of investment solutions. The primary focus of this role will be to ensure NTAM meets its reporting obligations across multiple regulations and support our regulatory regime, ensuring NTAM is not exposed to reporting failures, risks or financial costs. Functions will include trade monitoring across multiple vendor platforms and account setup and maintenance to support relevant reporting processes. Knowledge of MiFID2 and EMIR reporting obligations is required. Strong analytical and communication skills are required to research and resolve queries and issues. The ideal candidate should have a strong teamwork ethic but be able to work independently in a time sensitive environment as well.

Key Responsibilities:

• Ensure timely and accurate regulatory reporting via various system platforms to support EMIR and MiFID2 obligations
• Monitor systems to identify exceptions and ensure required amendments are completed
• Provide oversight for any front office regulatory reporting completed in offshore locations
• Work with Technology and any other relevant teams to ensure data gaps/discrepancies are addressed
• Validate changes required to satisfy any new front office regulatory requirements
• Ensure supporting procedures are accurate and kept up to date
• Keep up-to-date with regulatory changes affecting NTAM reporting regime
• Daily review of transactions reported. Investigate any inaccuracies identified and coordinate directly with Technology/Operations teams to resolve
• Serve as the regulatory liaison between the Front Office Support team and all other NTAM/NT teams
• Work closely with other NTAM partners in support of the business
• Ensure the timely and accurate setup of new accounts on relevant systems coordinating with the New Account Opening team
• Work as part of a local and global team with members based in London, Hong Kong, Chicago and India
• Responsible for identifying and resolving problems within established procedural guidelines
• Be risk averse, identify process or business risks and escalate to line manager
• Knowledgeable of all core procedures and aspects of the role
Experience and Skills

• Extensive experience of MiFID2 and EMIR reporting processes and oversight tasks
• Understanding of regulatory reporting criteria's as they relate to MiFID2 and EMIR
• In-depth knowledge of current/future regulatory reporting landscape
• Analytical skills to resolve and research queries and issues
• Good verbal and written communication skills
• Strong MS-Excel skills
• Experience with Unavista, Trax, Bloomberg, FxAll, FX Connect and key NT Systems (e.g. Charles River, Blackrock Aladdin) is beneficial
• Good Process and procedure development skills

About Northern Trust

For more than a century, Northern Trust has worked hard building our legacy of outstanding service, expertise and integrity. From a Chicago-based bank founded in 1889, we now have more than 20 international locations and 18,500 employees globally. We serve the world's most-sophisticated clients - from sovereign wealth funds and the wealthiest individuals and families, to the most-successful hedge funds and corporate brands.

We burnished our reputation as a global leader delivering innovative investment management, asset and fund administration, fiduciary and banking solutions enabled by sophisticated, leading technology. And through it all, we continually laid a solid, forward-looking foundation on which future generations can continue growing and achieving greater.

Northern Trust proudly cultivates a diverse workforce, to serve our diverse client base. We strongly believe that diversity of experience contributes to a broader collective perspective that will consistently lead to a better company. We encourage applications from the best regardless of ethnicity, gender, gender identity, age, nationality, disability, sexual orientation, education, socio-economic background, parental and caring status, or religion.

As of December 31, 2018, Northern Trust Corporation had:

• $10.1 trillion in assets under custody/administration
• $7.6 trillion in assets under custody
• $1.1 trillion in assets under management
• $132 billion in banking assets