What are the responsibilities and job description for the Vice President Regulatory Reporting position at JCW?
JCW has partnered with a multinational bank in New York in their search for a Vice President of Regulatory Reporting. This is an exposed role to senior managements and regulators. The NA regulatory reporting lead will front-run the team by providing hands-on experiences and expertise. He/She will intervene in autonomy in various situations related to the good organization of the transaction regulatory reporting. The NA regulatory reporting lead will follow the global team organizations of work, procedures and support other members of the team less experienced in their areas of expertise. This team is 3 days a week in Jersey City.
Responsibilities:
- Participate to market groups with peers (ISDA, AMAFI, FSA, etc…) and run continuous follow-up on market best practices
- Interpret and transcribe regulations into Business Requirements Definitions (BRD) tailored to business workflows and data models including their respective descriptions.
- Manage regulators requests end-to-end. This includes performing the analysis of the requests, consult with business IT and/or Ops experts, draft detailed and quantified responses to the regulators with oversight from Compliance
- Act as an expert in Regulatory Reporting and provide guidance and help whenever requested to all Global Market partners
Qualifications:
- 10 plus years regulatory reporting experience and transaction reporting CAT, TRACE, SWAPS.
- Deep understanding of financial regulations and reporting standards, experience in regulatory interpretations
- Must have Exposure to data elements and process workflow in Front Office or Regulatory across asset classes.
- Proven experience in large financial and international banking institutions,
- Experience in leading team
- Bachelor or Master of Science / Engineering, ideally in computer science
Michael Kennelley recruits for audit professionals across the US. He can be reached at Michael.kennelley@jcwresourcing.com.