Business Analyst - Us Regulations

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Rate: 60-68 INC

Department Overview

The Regulatory Reporting Group (RRG) has operational oversight to ensure compliance standards are being met for an assortment of regulatory reporting mandates globally, on behalf of TDS.

The team is responsible for maintaining BAU functions, delivering against Change Initiatives and driving efficiencies aimed at providing a robust, scalable, and flexible infrastructure, whilst maintaining and managing the risk appetite.

Job Description

• Provide deep technical subject matter expertise/analysis on operational processes as a key resource/representative for the Trade and Transaction reporting function
• Identify, document, and investigate processes/exceptions arising from transactions/processes and work with vendor applications and internal stakeholders to remediate and escalate them
• Communicate key BAU health status and provide timely escalation of issues to senior management to ensure regulatory objectives are met
• Provide accurate and thorough analysis of key process drivers, root or systemic causes of cross functional operational issues, interpret findings and make recommendations
• Maintain and develop working relationships with customers, partners and vendors by representing the Regulatory Operations function in the regions, thus addressing complex issues within the context of the full end-to-end process
• Support the timely and accurate completion of business processes and procedures according to SLA requirements
• Actively maintain understanding of internal and industry regulations and trends, developing and sharing knowledge of emerging issues/risks, and assess its potential impact
• Contribute to the development/delivery of presentations/ communications to management or broader audiences
• Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite; adhere to enterprise frameworks and methodologies that relate to operations activities for own area
• Support change management projects or programs that impact the business, functions or processes and ensure clear communication and documentation of new processes
• Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure the timely communication of issues/points of interest
• Provide thought leadership and/or industry knowledge by actively building operations/business services knowledge, think critically about processes and opportunities for improvement, share ideas and transfer knowledge within the team and across the function
• Participate in personal performance management and development activities, including cross training within own team and other teams globally within Trade and transaction reporting
• Lead, motivate and develop relationships with internal and external business partners/ stakeholders to develop productive working relationships
• Expert knowledge and understanding of the operations environment, business processes and procedures, and transaction lifecycle within capital markets
• Ability to executes on more complex and/or non-standard processes and handle high volume of trades and exceptions in a timely and efficient manner
• Provides training/guidance to others on best practices, processes, etc. as well as guide junior staff for the completion of business as usual functions or ad- hoc non-routine requests
• Summarize and communicate complex problems in a summarized, effective manner to senior management - Provide progress reports to senior management, clearly stipulating constraints, dependencies, and delays that may impact overall delivery
• Protect the interests of the organization – identify, manage, and raise risks or issues and problem solve as required; stay on top of emerging issues, trends, and evolving regulatory requirements

Job Requirements

· 7-8 years of Global Markets, Risk/Compliance Operations, and/or regulatory reporting experience

· Subject matter expertise within transaction reporting across US and Canadian regulations including but not limited to FINRA, CFTC, SEC, Canadian reporting requirements, CIRO etc.

· Strong understanding of CAT, EBS, 606 and LOPR reporting

· Familiarity with Python and/or other data analytics tools like Alteryx, SQL is an asset

· Understanding of applications such as JIRA, Confluence, Broadridge is an asset

· Solid Knowledge of US regulations is a key requirement

· Solid knowledge of Capital Markets products and willingness to continue enhancing knowledge

· Strong relationship management skills required to handle both internal and external stakeholders

· Detail-oriented with the ability to work independently with competing priorities in a fast-paced environment

· Experience with client data systems and processes is preferred

· University Degree at a minimum is required, Masters degree is an asset

Job Type: Fixed term contract
Contract length: 6 months

Pay: $60.00-$68.00 per hour

Expected hours: 40 per week

Work Location: Hybrid remote in Toronto, ON