Business Analyst to support GBM, operations side support Regulatory Trade and Transaction Reporting.- 29569
Job Type: Contract
Positions to fill: 1
Start Date: Apr 03, 2023
Job End Date: Oct 31, 2023
Pay Rate: Hourly: Negotiable
Job ID: 128269
Location: Toronto
Business Analyst
Location Address: HYBRID (2 days a week) - 150 King Street W
Story Behind the Need
• Business group: GWO - Operations Control - Regulatory Trade Reporting - GWO - support GBM, operations side support Regulatory Trade and Transaction Reporting.
• Project: Supporting several Key Initiatives within GWO. The position within GWO is responsible for supporting several key initiatives aimed at improving our overall trade reporting infrastructure. The position is responsible for providing the GWO Operation Teams with support in the closure of Compliance, Audit and Regulatory open issues.
Responsibilties:
• Provide the GWO Operation Teams with support for closure of Compliance, Audit and Regulatory open issues.
• Coordinate and assist in the preparation of information requests that come to the GWO team from Audit, Compliance, and others.
• Support the GWO team to understand, analyze and resolve Compliance and Audit finding and inquiries. This includes responding to audit/testing observations and findings and driving strategy to successfully close open issues.
• Document issue closure. Ensure design effectiveness and operational effectiveness are anchored within the business and recordkeeping is in place to evidence closure.
• Ensure that timelines are met and where timelines are at risk, ensure that appropriate escalations occur.
• Coordinating with key stakeholders to ensure teams leverage best practices and develop processes to ensure that GWO is in alignment with key stakeholders
• Understand regulatory reporting requirements and ensure that the key business processes are built to ensure compliance with the reporting obligations in all regions the bank operates
• You will Identify, Escalate and Remediate G20 Regulatory Trade Reporting Errors
Must Have Skills:
• 5+ years of experience as Business Analyst or related field
• 5 + years of experience working in the OTC derivatives regulatory environment - with strong derivative product knowledge and regulatory within a Financial Services Industry.
• 5+ years of Previous experience in business, operational risk, compliance, audit, testing or front office function
• 5 + years In-Depth knowledge of the following Regulations: Canada Securities Act (CSA) &/OR Dodd Frank Act (DFA), (CFTC)
Nice-To-Have Skills:
• The European Market Infrastructure Regulation (EMIR)
• Australian Securities and Investment Commission (ASIC) OTC Derivatives Requirement, Monetary Authority of Singapore (MAS) OTC Derivatives Requirements, and the Hong Kong Monetary Authority (HKMA) OTC Derivatives Requirement
Education
• Bachelor’s degree in business, finance, or related field is required
Location Address: HYBRID (2 days a week) - 150 King Street W
Story Behind the Need
• Business group: GWO - Operations Control - Regulatory Trade Reporting - GWO - support GBM, operations side support Regulatory Trade and Transaction Reporting.
• Project: Supporting several Key Initiatives within GWO. The position within GWO is responsible for supporting several key initiatives aimed at improving our overall trade reporting infrastructure. The position is responsible for providing the GWO Operation Teams with support in the closure of Compliance, Audit and Regulatory open issues.
Responsibilties:
• Provide the GWO Operation Teams with support for closure of Compliance, Audit and Regulatory open issues.
• Coordinate and assist in the preparation of information requests that come to the GWO team from Audit, Compliance, and others.
• Support the GWO team to understand, analyze and resolve Compliance and Audit finding and inquiries. This includes responding to audit/testing observations and findings and driving strategy to successfully close open issues.
• Document issue closure. Ensure design effectiveness and operational effectiveness are anchored within the business and recordkeeping is in place to evidence closure.
• Ensure that timelines are met and where timelines are at risk, ensure that appropriate escalations occur.
• Coordinating with key stakeholders to ensure teams leverage best practices and develop processes to ensure that GWO is in alignment with key stakeholders
• Understand regulatory reporting requirements and ensure that the key business processes are built to ensure compliance with the reporting obligations in all regions the bank operates
• You will Identify, Escalate and Remediate G20 Regulatory Trade Reporting Errors
Must Have Skills:
• 5+ years of experience as Business Analyst or related field
• 5 + years of experience working in the OTC derivatives regulatory environment - with strong derivative product knowledge and regulatory within a Financial Services Industry.
• 5+ years of Previous experience in business, operational risk, compliance, audit, testing or front office function
• 5 + years In-Depth knowledge of the following Regulations: Canada Securities Act (CSA) &/OR Dodd Frank Act (DFA), (CFTC)
Nice-To-Have Skills:
• The European Market Infrastructure Regulation (EMIR)
• Australian Securities and Investment Commission (ASIC) OTC Derivatives Requirement, Monetary Authority of Singapore (MAS) OTC Derivatives Requirements, and the Hong Kong Monetary Authority (HKMA) OTC Derivatives Requirement
Education
• Bachelor’s degree in business, finance, or related field is required