Regulatory Reporting Officer
il y a 6 jours
Purpose of the Job
Quintet Private Bank is a leading private bank in the wealth management sector; we are committed to our clients and their families, and pride ourselves on our personalised service based on a deep understanding of what clients want to achieve.
We are a bank headquartered in Luxembourg, with branches in Denmark, Germany, Netherlands and Belgium and a subsidiary in the UK and supervised by the CSSF with an ambition to stay true to our purpose to be the most trusted fiduciary of family wealth. When you join Quintet you are joining a company that values diversity of background, equal access to opportunities, career development, collaboration and inclusiveness. We want our employees to feel proud of being part of a company that is committed to do the right thing. You will have the opportunity to grow your career while developing personally and professionally through various resources and programmes.
The Regulatory Reporting Officer is part of a team of 10 individuals located across different countries within the Group (LU, DE). Their specialized skills allows them to take in charge a various range of topics in the market transactions' related regulatory reports. The main goal of the Regulatory Reporting Officer is to produce EMIR and MiFIR reporting and control the quality and the comprehensiveness of the collected data and rectify errors and/or re-submit transactions. Also, they ensure the drafting and delivery of market transactions' related regulatory reports such as Emir Refit, Mifir, SFTR, RTS27, US13F, CFTC, etc. to the official recipients. They perform the daily takeover panel and transparency reporting, promptly raise alerts in case of any breaches, and ensure that all required reports have been submitted to the relevant authorities;
Key Accountabilities- Be the specialist on regulatory reporting and be in charge to detect and solve problems in the treatment chains and to answer questions from the Management.
- Analyse questions from the regulator and prepare answers with the Management
- Suggest improvements and optimisation of the current processes leading to the completion of the reports and collaborate with other departments of the Bank to implement achievement
- Participate in the development of the related IT-Tools in collaboration with our external supplier; proceed to the Acceptance Tests to validate the solution
- Record all identified errors or malfunctions in the issue log, create an IT support ticket, and ensure proper follow-up and resolution of the issue
- Optimise exploitation of technologies in their dedicated area and ensure a prime role thanks to their in-depth knowledge of the activity;
- Answering to any analytical requests from the hierarchy Generate all necessary reports for KPI tracking and data quality monitoring
- Collaborate with the branches/affiliates and provide support when needed
- Keep abreast of regulatory evolutions
- To provide support to the Service Leader Reporting & MO Controls and to the Head of Group Reporting & Control Operations where required
- Bachelor's degree or equivalent in a relevant field
- More than 5 years experience in a similar role
- Adaptability & Learning Agility
- Critical Thinking & Problem Solving
- Ability to prioritize tasks and manage time effectively
- Excellent communication abilities, both written and spoken
- Results-oriented
- Strong understanding of all financial products and the functioning of financial markets regulations (EMIR, MiFiD…
- Strong understanding of the reporting mechanisms and infrastructure (ARMs, …) and of the content of each type of reports
- Excellent communication and problem-solving skills, ability to update and review regulatory reporting files
- Extensive Knowledge of the Bank's business flows
- Expertise in the collateral management & market risk areas
- Fluent in english
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