Assistant Manager

Job Description:

Process Overview*

Transaction Reporting Control Group are responsible for ensuring the completeness, accuracy, and timeliness of the Bank s transaction reporting obligations across multiple global regulatory jurisdictions. Completeness, accuracy, and timeliness controls are the primary responsibility of 2 core functions within the Transaction Reporting Operations team. The Submission Control function is responsible for monitoring and remediating the internal validation failures and the rejects (NACKs) from the regulators, the team has to liaise with MO/FO/Tech teams for the root causes of the exceptions. Submission control also monitors the trades which are not getting reported within the compliance time for OTC/ETD/Securities and raise breaches for all timeliness issues that missed the agreed thresholds. The Enhanced Quality Assurance team perform post process testing to validate the completeness, accuracy, and timeliness of the transaction reports submissions through performing reconciliations and targeted deep dive thematic testing. TRCG also support clients by reporting on their behalf in certain cases. This function is supported by Delegated/Client reporting team and manages client interactions and ensures that all the issues are communicated and remediated as per the agreement with the clients.