Transaction Reporting Analyst - 10 Month FTC

Job Description

At abrdn, our purpose is to enable our clients to be better investors.

Clients worldwide trust us to find future-fit investment opportunities to deliver the outcomes they want. Our technology and insight help empower them to make better decisions, while the powerful partnerships we build help to enhance the expertise that we offer. And by enabling clients to invest responsibly, it helps us to build a better world.

About the Department:

Transaction Reporting sits within our Investments Operations area and oversees a wide range of investment regulatory data reporting for the business.

The team consists of a group of analysts who are responsible for the oversight and production support of our daily Trade and Transaction reporting requirements. They perform oversight and support processes pertaining to MiFID II transaction reporting and post trade transparency reporting, EMIR, SFTR, and similar regulations in other jurisdictions - notably for the Singaporean and Australian regulators.

About the role:

This is a crucial role in a hugely important area of the business and the industry. 

Critical functions include ensuring that the end-to-end control model across these regimes is appropriately executed to ensure the business has assurance that we fully comply with the regulatory requirements of the regimes concerned.  This includes ensuring appropriate oversight is applied where reporting is delegated to a third party, regular testing for completeness, timeliness, and accuracy, and ensuring that all team tasks are being carried out effectively and efficiently. 

Job Responsibilities:

• Ensuring that this operating control model is executed appropriately

• Performing reconciliations, investigating issues and liaising with various counterparties to resolve them.

• Reviewing and interpreting accuracy testing results and working to remediate errors.

• Understanding industry best practise and key trends and issues through peers, external suppliers and other contacts.

• As required, representing the team at various internal forums and disseminating information back to the team where appropriate.

• Actively participating in the management of relationships with critical third-party suppliers, stakeholders and other internal teams.

• Identifying process enhancements, or potential risks, to ensure that reporting provided is of the highest standard and remains fully compliant.

• Recommending / deploying changes to procedures as necessary.

• Managing the resolution of complex problems, business issues and rectifying anomalies to ensure a high-level of reporting.

• Producing insightful and meaningful MI reporting to management highlighting trends, analysis, and errors.

Experience & Qualifications:

• Accounting or other relevant industry qualification preferred.

• Strong technical investment process knowledge/experience relevant to role, in particular with regards to regulation.

• Expertise in some or all of MiFID II Trade and Transaction/ EMIR/ MAS/ ASIC/ SFTR reporting.

• Strong understanding of investment life cycle  / middle office data flow would be beneficial.

• Strong functional understanding of main derivative instrument types;

• Strong experience/skills in regulatory controls.

• Evidence of effective working relationships with internal and external stakeholders.

• Strong communication skills both verbally and written, with an ability to articulate issues clearly and logically.

We are proud to be a Disability Confident Committed employer. Therefore, if you have a disability and would like to apply to one of our UK roles under the Disability Confident Scheme, please notify us by completing the relevant section in our candidate questionnaire and one of our team will reach out to support you through your application process.

Our benefits:

There's more to working life than coming home with a good salary. We have an environment where you can learn, get involved and be supported.

When you join us, your reward will be one of the best around. This includes 40 days’ annual leave, a 16% employer pension contribution, private healthcare and a range of flexible benefits – including gym discounts, season ticket loans and access to an employee discount portal. You can read more about our benefits here.

Our business:

Enabling our clients to be better investors drives everything we do. Our business is structured around three distinct areas – our vectors of growth – focused on our clients’ changing needs. You can find out more about what we do here.

We’re committed to providing an inclusive workplace where all forms of difference are valued and which is free from any form of unfair or unlawful treatment.  We define diversity in its broadest sense – this includes but is not limited to our diversity of educational and professional backgrounds, experience, cognitive and neurodiversity, age, gender, gender identity, sexual orientation, disability, religion or belief and ethnicity and geographical provenance.  We support a culture that values meritocracy, fairness and transparency and welcomes enquiries from everyone.

If you need assistance or an adjustment due to a disability please let us know as part of your application and we will assist.