Role Purpose
To ensure the accurate, complete and timely submission of regulatory transaction reports in accordance with applicable regulations, including MiFIR , EMIR and SFTR , whilst maintaining robust controls, reconciliations, governance and regulatory oversight. The role is responsible for the day-to-day operation of transaction reporting processes, investigation of exceptions and supporting regulatory change initiatives to ensure ongoing compliance.
Key Responsibilities
Regulatory Reporting Operations
- Execute and oversee daily transaction reporting activities for MiFIR, EMIR and SFTR within regulatory deadlines.
- Monitor daily report submissions and validate successful transmission and acceptance by Approved Reporting Mechanisms (ARMs), Trade Repositories and other regulatory reporting platforms.
- Ensure all reportable transactions are accurately identified and submitted in accordance with regulatory requirements.
- Investigate and resolve reporting exceptions, rejects and validation failures on a timely basis.
- Maintain evidence of report submissions, exception resolution and control execution.
Controls & Reconciliations
- Perform and document daily, weekly and monthly reconciliations to validate the completeness and accuracy of regulatory reporting populations.
- Reconcile internal trading records against submitted regulatory reports and regulator acknowledgements.
- Monitor MiFIR transaction reporting reconciliations, including three-way reconciliations where required.
- Perform EMIR and SFTR pairing and matching oversight, investigating exceptions and coordinating resolution with counterparties.
- Identify control weaknesses, gaps and reporting risks and implement remediation actions.
Data Quality & Exception Management
- Conduct root cause analysis of reporting failures and recurring data quality issues.
- Work with Front Office, Operations, Technology, Compliance and external vendors to resolve reporting defects.
- Analyse transaction lifecycle events to ensure correct regulatory treatment.
- Maintain issue logs and track remediation actions through to completion.
- Escalate material reporting errors and breaches in accordance with governance procedures.
Regulatory Compliance & Governance
- Ensure compliance with FCA, ESMA and other applicable regulatory requirements.
- Maintain regulatory reporting procedures, process maps, controls and operating manuals.
- Support regulatory reviews, audits and compliance monitoring activities.
- Assist with regulatory returns, attestations and responses to regulator enquiries.
- Contribute to the development and ongoing enhancement of the Transaction Reporting Target Operating Model.
Change & Continuous Improvement
- Support implementation of regulatory change initiatives, including updates to reporting requirements, reporting logic and data models.
- Participate in testing of system enhancements and reporting rule changes.
- Recommend improvements to controls, automation and operational efficiency.
- Assist in the delivery of strategic projects affecting transaction reporting frameworks.
Management Information & Reporting
- Produce MI and KPI reporting relating to reporting completeness, accuracy, timeliness and exception volumes.
- Track and report on key risk indicators, reconciliations and outstanding breaks.
- Prepare reporting packs for governance forums, Compliance and senior management.
- Monitor reporting trends and identify emerging risks.
Stakeholder Management
- Act as a key point of contact for transaction reporting matters.
- Build effective relationships with Compliance, Risk, Technology, Operations, Trading and external service providers.
- Liaise with counterparties, trade repositories, ARMs and vendors regarding reporting issues and data quality matters.
- Support internal and external audits through provision of evidence and documentation.
