Asset Management Operations- Regulatory Middle Office -Dallas-Associate

Regulatory Middle Office Operations

We're looking for a professional individual who wants to apply their understanding of financial markets and be at the heart of regulatory reform. With the continued high rate of change in the regulatory reporting space, Regulatory Operations professionals have the platform to significantly impact their environment and the wider business.

The Operations division is a dynamic, multi-faceted organization that partners with all parts of the firm to provide banking, securities, and asset management services to clients around the world. In addition, Operations provides essential risk management and controls to preserve and enhance the firm's assets and its reputation. For every new product launched and every trade executed, it is Operations that develops and manages the processes and controls that enable business flow.

We are a globally located team that exists to ensure that the firm fulfils a wide range of non-financial regulatory reporting obligations.

The Regulatory Middle Office Operations (RMO) team in Dallas is responsible for overseeing and managing the Asset Management Division's regulatory reporting, filings, and regulatory trade surveillance in the US region. RMO serves as the primary regulatory interface for internal and external business. The team is focused on effective regulatory risk management and scalability, ensuring the accuracy, precision and timeliness of regulatory reporting and audit project management.

Responsibilities include the following:

• Design and implementation of automated solutions to solve complex regulatory reporting challenges, including usage of AI and Business Intelligence tools (eg Alteryx).
• Provide leadership to the team ensuring accurate and timely completion of regulatory reporting & monitoring BAU processes and effective change management.
• Oversee coordination of regulatory reconciliations and reporting to ensure data accuracy for reportable transactions under the Investment Adviser Act of 1940.
• Manage regulatory audits, coordinating across multiple internal and external stakeholders and businesses.
• Perform surveillance to monitor for potential regulatory position limit breaches set forth by regulators and exchanges and effectively communicate potential breaches to trading desks and other internal business partners.
• Provide effective and expert thought leadership in navigating an evolving regulatory landscape, designing innovative solutions to track and manage regulatory changes.
• Collaborate with business partners to develop and implement strategies for supporting new instruments and new business opportunities, navigating the regulatory environment to achieve commercial outcomes.
• Holistic ownership and understanding of Regulatory Reporting requirements.

Skills & Experience We Are Looking For

Basic Qualifications

• Bachelor's degree with minimum 3-4 years' experience in financial services or master's degree in business administration, Finance, Economic or related field with minimum one (1) year of experience in financial services.
• Strong analytical skills with an ability to understand complex workflows paired with meticulous attention to detail.
• Must have strong communication skills to clearly articulate issues and ideas, and provide timely escalation.
• Good interpersonal skills to build strong relationships with key stakeholders within and outside of Operations.
• Good influencing skills to work with the Operations team in challenging the status quo and continuously enhancing the control environment required.
• Self-motivated and proactive team player, who takes ownership and accountability of projects, has strong organizational skills as well as the ability to effectively manage competing priorities within deadlines.
• Flexible and able to work well under pressure in a team environment.

Preferred Qualifications

• Basic understanding of financial markets and the regulatory landscape.
• Demonstrate a comprehensive understanding of risk management principles, encompassing financial, operational, reputational, and regulatory risk factors.
• Knowledge about financial markets and associated processes.
• Practical knowledge about financial products, e.g. equities, fixed income, exchange traded derivatives, OTC derivatives.
• Knowledge about project management and business analysis.
• Shows interest in data analysis, process automation and BI tools.

Job Info

• Job Identification 162071
• Job Category Associate
• Locations Dallas, TX, United States