Team Leader - EMIR

Summary: The Associate - EMIR Oversight COE will support the client through specific regulatory reporting activities. This will be completed by working closely with the other team members and work in a supportive role within the Global COE team (supporting the broader Waystone operations). The client base will be other Waystone entities and in certain situations external clients/stakeholders.

Reporting to the reporting to Senior Associate - EMIR Oversight COE, the Associate - EMIR Oversight COE will be an integral part of the team s success. The role will predominantly center around daily trade data quality checks, trade reconciliations and regulatory compliance.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Ensure all internal and external service levels and regulatory deadlines are met within the EMIR Oversight COE team

Plan and organize and complete tasks to ensure deliverables are met including adherence to monthly and quarterly reporting deadlines.

Assume responsibility and accountability for tasks as allocated.

Implementing improvements in the EMIR Oversight process to ensure it is robust, controlled, and efficient.

Build and maintain excellent relationships with all key internal stakeholders

Completion of daily data quality checks in line with ESMA guidelines.

Completion of reconciliations between trade repositories and administrators.

Be the primary contact to resolve queries relating to inaccuracies in data quality reporting and trade submissions in a timely manner to ensure internal escalation frameworks are adhered to.

Completion of trade submissions to the trade repository.

Participate in regular service reviews with internal Waystone entities which are leveraging the CoE for regulatory reporting activities.

Provide input when required to the Manager to ensure KPI s and MI packs are produced accurately and in a timely fashion for both internal Waystone entities and senior management.

Participate in supporting clients servicing through attending calls, sending and receiving emails and in person meetings where necessary.

Follow and enhance existing procedures to solve routine problems.

Be proficient in problem solving, striving to use own initiative to take ownership of the task.

Work co-operatively with other groups in different locations and time zones, especially the team in Luxembourg as required.

Provide adequate documentation and backup of all operational processes.

Participation in on-the-job training for new hires.

Be driven, inquisitive and be able to self-manage.

Keep abreast of regulatory changes, in particular in relation to EMIR and SFTR and help oversee and implement within the business where required.

Assisting with ad-hoc projects and queries.

Aspire to be the proficient in the EMIR & SFTR requirements and become proficient in the use of the reconciliation system, excel & the funds industry, especially with respect to regulations.

Proactively support further migrations and integrations to the EMIR Oversight COE team.

Other ad hoc projects and duties as assigned.

Adhere to internal procedures to meet professional standards, ensuring all learnings are completed on time and propose changes that can improve service delivery and quality

Assist in ad-hoc and project requirements as required by the managers.

Escalation of any issues as they arise.

Contribute to the delivery of the responsibilities of the team and work within a team including the training and supervision of junior team members

Assist with the design and implementation of internal operating procedures & controls, ensure on-going adherence to policies and co-ordinate with other internal teams.

Actively question methods and processes with the key to making the team more effective and efficient.

Initiate and implement processes and procedures to improve the effectiveness and efficiency of the team.

Actively participate and prepare MIS for internal oversight meetings with the onshore team.

Foster positive team environment and ensure open communication.

Assist in the development, implementation and monitoring of policies and procedural manuals

Coordinate direct reports to assist colleagues when capacity permits with wider operational deliverables.

Oversight of team member s daily tasks and workload

Performance management duties for all direct reports

Coordinate the training and development of new staff members.

Ensure all task procedures are followed in order to result in accurate audit of reports. On an ongoing basis, ensure all procedures are maintained and that they reflect updates brought about from internal policy or regulation changes

Support and review business process and system changes, ensuring business accuracy around all documentation and impacts to service delivery

Maintain department procedures in accordance with regulatory requirements, SLA s, best practice, and Company policies.

Identify instances of non-compliance and refer to the Operations Manager, UK Senior Managers, and the Compliance Department, and resolve them.

Maintain staff training and competence standards with regular 1-1 and team meeting.

Create and maintain effective working relationships with colleagues and assist other areas of the business as and when required.

Maintain your own professional competence.

For areas of responsibility, ensure:

Emerging risks are identified, assessed, and captured within the departmental risk register and, where appropriate, subject to escalation to senior management.

Operational controls are carried out in accordance with the laid down business policies and procedures.

Actions for control improvements are dealt with in accordance with agreed timescales.

Proactivity in identifying areas for control improvement

REQUIREMENTS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.

The requirements listed below are representative of the knowledge, skill, and/or ability required.

Reasonable accommodation may be made to enable individuals with disabilities to perform the essential

functions.

Education:

A minimum of a 3rd level Degree in Finance, Business or similar field is required. A Master s

Degree in a Finance or Mathematical field or a related professional qualification would be desirable but is

not a requirement.

Experience:

The successful candidate will ideally have worked for at least 7-8 years in a regulatory, trading,

fund accounting related role or similar in financial services preferably within the funds industry.

Knowledge of or previous exposure to some regulatory filings, including but not limited to, EMIR and SFTR is preferable but not a requirement.

It would be beneficial if the applicant has previous exposure through work or education to the area of reconciliation.

The role involves detailed use of Excel and is a quantitative role so an aptitude and comfort working with

numbers and spreadsheets is preferred. Also, an aptitude in using systems in the completion of various regulatory compliance is required.

Ability to solve problems, work autonomously on projects, while also being a collaborative and proactive team member.