Job Description

Story behind the need:

• Business group: GWO - FX and Derivative Serives - Regulatory Trade Reporting - Supports the capital markets global business market team. Mandate is to ensure compliance with Securities Lending Reporting regulation 10c-1a.
• Project: The bank needs to be compliant with upcoming SEC regulation 10c-1a, the rules applies to Sec Lending transactions and is deemed as US equivalent of SFTR.
• Reason: New Hire

Candidate Value Proposition:

• Opportunity to build a well-balanced profile within the regulatory technology and business domains. This opportunity could also lead to FTE conversion for the right team fit.

Typical Day in the role:

• Soliciting and writing business requirements in response to the regulation
• Executing and creating test cases
• Defining business solutions for the requirements
• Building controls around the solution (process, database solution)
• Reading rules and understanding business requirement, writing test cases
• Interact with the following stakeholders: Technology group, compliance, legal and other business stakeholders (confirmations, settlements)
• 25-30% in meetings/ working groups to understand how everything comes together and overall impact

Must have skills:

• 8+ years of relevant work experience
• 5+ years of recent experience as a Senior Business Analyst
• 5+ Capital Markets experience - Preferably Prime Services or Sec Lending background
• 3+ years of experience in working on regulatory projects for other equivalent regulations; namely SFTR, CAT, FINRA, TRACE or CIRO trade Reporting
• Experience with Prime Services and Sec Lending products
• Well balanced understanding of regulations in business and technology

Nice to have:

• 10c-1a rules knowledge
• Working Experience and knowledge of systems such as Anvil and Global One

Soft Skills Required:

• Excellent communication skills
• Stakeholder management skills
• Problem solving skills
• Time management skills
• Self starter

Education:

• Bachelor degree, Post-secondary or relevant work experience

Best VS. Average Candidate:

• The ideal candidate would be a BA with prior Regulatory and Sec Lending products experience. Recent experience with SFTR or CIRO is highly preferred, although regulatory reporting experience is a requirement for consideration. Financial/information reporting is not sufficient.

Candidate Review & Selection

• Interview format:

o 2 rounds - 45 minutes in-person interviews
o 1st round in-person interview - HM, behavioral and technical interview
o 2nd round in-person interview: Panel interview with HM and Director/VP

• Hiring Manager's availability to interview: ASAP

Additional notes:

• HM needs a seasoned BA that can work with minimal guidance.

Job Details
13761
Contract
11 Months
Toronto
81.00 CAD
Recruiter
Kiran Kaur
|

Skills Required