Job Description

About the Job

The CMI team is looking to reinforce the team with a Vice President, reporting to the ITO Chief Data Officer.

The Regulatory Reporting Office is responsible for ensuring compliance with relevant FINRA & SEC regulations and standards related to AMER Broker Dealer reporting including TRACE Fixed Income Reporting, OTC Large Options Position Reporting (LOPR).

This role involves collaboration with various departments to gather data, analyze reporting requirements, and implement best practices in regulatory reporting.

Responsibilities: 

Regulatory Reporting

Ensure proper control around timely submission and accurate regulatory reports for TRACE reporting obligations across Fixed Income products, OTC LOPR across Equity derivative products
Act as the lead coordinator and subject matter expert for reporting governance, reporting quality, timeliness, unmatched transactions analysis, regulatory inquiries and remediations initiatives

Data Analysis

Analyze any reporting gaps or issues identified by operational teams
Define and implement KPI’s for regulatory reporting and present to internal governance groups
Develop and maintain reporting metrics and dashboards related to TRACE timeliness, amendments, unmatched transactions, data quality and control effectiveness

Collaboration

Collaborate with Business and ITO stakeholders to best understand their operational and strategic needs
Communicate effectively with regulators and stakeholders regarding reporting requirements and findings

Documentation and Process Improvement

Build Business Requirement Documents (BRD) to comply with the Bank’s new regulatory reporting or change in the rules.
Maintain thorough documentation of reporting processes and methodologies
Act as a point of contact for inquiries related to TRACE, LOPR and other Broker-Dealer regulatory reporting

Process Governance

Manage governance forums related to transaction reporting
Drive continuous improvement initiatives to enhance reporting controls, data quality and operational efficiency
Manage the IT BoW priority for the regulatory reporting scope with a transversal angle
Serve as the primary liaison between regulatory compliance, technology, front?office, audit and senior leadership

Project and Change Management

Actively participate in the delivery of major or complex regulatory reporting events or new obligations, Leading interpretation and documentation
Prepare reg?tech solutions and reporting enhancements to stay ahead of compliance requirements

Candidate Success Factors:

Candidates are measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:

Results and Impact

Able to influence peers and team.
Demonstrates good judgement when making decisions of high complexity and impact.
Exercise appropriate autonomy in the execution and delivery of work.
Responsible for driving outcomes, which have meaningful effect on team or department.

Client, Customer and Stakeholder Focus:

Able to build relationships with a mix of colleagues and clients.
Interacts regularly with management and department leaders.
Demonstrates the ability to influence stakeholders at the team level.

Compliance Culture and Conduct:

Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.
Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.

Required Qualifications and Skills to Success:

· Minimum?7?years of hands?on broker?dealer transaction?reporting experience, covering Fixed?Income and Equity?Derivatives products.

· Proven track record at large, international financial or banking institutions.

· Deep knowledge of SEC/FINRA reporting requirements, including TRACE, LOPR and associated control frameworks.

· Expertise in analyzing regulatory rules and producing clear requirement documents for IT, compliance, business and operations teams.

· Strong presentation and communication skills; experienced in leading governance forums with senior stakeholders across multiple business lines.

· Comprehensive understanding of Fixed?Income securities, listed and OTC equities, options, and the full trading?lifecycle workflow (trading, booking, allocation, and settlement).

· Direct exposure to front?office data elements and regulatory workflows across multiple asset classes, and to the interaction between front?office, operations, compliance and reporting platforms.

· Ability to synthesize complex processes, identify gaps, and devise actionable solutions.

· Experience working in multicultural, complex international banking organizations.

· Proven capability to coordinate and influence cross?functional teams without formal line authority.

· Demonstrated success in building and leading high?performing, geographically dispersed teams.

Preferred Qualifications: 

Bachelor or Master of Science in Finance, Business Administration, Business Analytics, IT or related areas.

FINRA Registrations Required:

Not Applicable

CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required): 

Not Applicable 

SEC Security-Based Swap Dealer Associated Person:

Not Applicable 

While the description above describes our ideal candidate, we encourage applicants to apply even if they do not fully meet the complete list of qualifications noted.

The expected starting salary range for this position is between $140,000 to $195,000 annually. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.

In addition, our comprehensive benefits package aims to support our employees in various aspects of their lives. From healthcare and wellness programs to retirement plans and childcare services, we prioritize the well-being and growth of our employees. Our benefits include medical, dental and vision coverage, a 401(k) Savings Plan, backup childcare, life, accident and disability insurance, mental health support and paid time off. Additional details about our benefits offerings, inclusive of eligibility for a discretionary bonus, will be provided during the hiring process.