State Street India | Regulatory Reporting, Assistant Vice President

Responsibilities

• We are looking for a candidates with 12+ Years of experience in Regulatory Reporting ( MIFID / EMIR/SFTR ).
• To be successful in this role, candidates should have a strong understanding of financial products, derivatives markets, and trading strategies, as well as familiarity with regulatory reporting requirements and data analysis tools.
• The team you will be joining is a part of State Street Markets.
• The team has the responsibility to report the FX and SF transactions emanating from its various trading venues.
• Devote time to the weakest members of the team, mentor them proficiently and aid them to come up the curve
• Be the most erudite subject matter expert across regulations, process, system architecture, contact points and products
• Operate as the Checker of process and exception management, ensure all Checker activities are performed with sincerity and credibly evidenced
• Be the penultimate implementer of Governance and Controls within Regulatory Reporting process; explore AI capabilities that could eradicate all human and operational risk
• Take ownership and ensure accuracy and timely maintenance of all SOPS, Checklists, Controls, Error Logs, KPIs and KRIs always
• Create an atmosphere of fairness and trust within team where everyone can approach you and share their concerns and challenges without any fear of illegitimate rebuttal
• Establish credible network with peers and seniors across local and global locations
• Establish a culture of continuous learning, improvement, excellence and proactive ideation capabilities within the team
• Create apposite backups for self as well as pivotal members of the team, ensure there is enough fungibility across resources to cater to contingency situations
• Be the primary point of contact of stakeholders preceding the VP, any queries, concerns or requests raised for or within your vertical needs to be routed via you
• Work closely with Ops team in collaboration with Technology, Product Owners and Change Management teams to enrich the process and implant strategies for tomorrow
• Communicates effectively and accurately in English

Education & preferred qualifications

• 12+ years of functional work experience in trade and transaction reporting operations - worked in one or more of the Regulations - CFTC/EMIR/MIFID/SFTR.
• Reconciliation experience in Regulations is a plus.
• Professional certifications such as the CFA, CPA, or FRM may also be beneficial.
• Strong attention to detail, problem-solving skills, and the ability to work well under pressure are also essential.
• Must have in depth functional knowledge on the complete periphery of products and regulations within the gamut of Regulatory Reporting
• Strong leadership, management, and organizational skills
• Ability to work under pressure and to tight deadlines
• Ability to work on own initiative
• Good working knowledge of software packages, particularly Microsoft Excel
• Good interpersonal skills and an understanding of the rudimentary aspects of the global financial industry and also to FX Product, Securities Finance Product knowledge with Regulatory reporting of SFTR, EMIR, MIFID and CFTC would be advantageous.
• Graduate and above preferably in Finance

State Street

State Street Corporation is a US financial services company headquartered in Boston, Massachusetts, with roots that go back to 1792. It is one of the world's largest custody banks and asset servicers: pension funds, mutual funds, insurers and other institutional investors rely on it for custody, fund accounting and fund administration, middle-office and data services, while its investment management arm, known for the SPDR exchange-traded funds, manages money for institutions and individuals.

In India, State Street works mainly through State Street Corporate Services Mumbai Private Limited, with offices in Bengaluru, Hyderabad, Mumbai, Pune, Chennai, Coimbatore, Gurugram, Noida and GIFT City. These teams serve State Street's global clients in fund accounting, NAV calculation, fund administration and financial reporting, reconciliations, transfer agency, regulatory reporting, risk and technology — work that suits B.Com, M.Com, CA, CMA, CFA and MBA (Finance) profiles.

• Industry: Financial services — custody, fund services and investment management
• Headquarters: Boston, Massachusetts, USA
• In India: Offices in Bengaluru, Hyderabad, Mumbai, Pune, Chennai, Coimbatore, Gurugram, Noida and GIFT City (Gandhinagar)