Senior Regulatory Compliance Specialist

We are looking to recruit for a Consultant in the Regulatory Compliance team to work cross-regulation on the EMIR and MIFID II/R compliance and governance. The need for an additional headcount arises from the additional BAU obligations within EMIR REFIT which go live in late April of 2024. 

 

Our team is based in Stockholm and Vilnius. We are looking to fill a consulting role on the team in the Stockholm office. We currently work around 2 days from the office, 3 days from home and have 4 flex weeks which are fully remote. 

 

We operate in a dynamic regulatory landscape and our team has significantly expanded over the last 5 years to manage the increasing demands of our regulators, additional responsibilities and new projects with impacts to regulatory reporting. 

 

The consulting position we are looking to recruit will work as team with other experienced team members that have expertise working with our trading venues in the Nordics and Baltics and Clearing House to comply with their regulatory reporting obligations under MIFID II/R, EMIR and SFTR. We describe below typical work tasks involved in day-to-day compliance advisory responsibilities. 

 

Description

We primarily advise and support operational reporting teams to improve the quality of regulatory reporting to national and super-national regulators, monitor for regulatory change and work with the 2nd line functions to communicate with regulators regarding data requests and issues or incidents arising.

Examples of responsibilities are

Monitoring of regulation changes and business/product changes which impact regulatory reporting regimes
Project implementation and new product/system support to analyze and assess the impact to regulatory reporting
Review and input on ESMA consultations
Regulator requests and communications
Incident and issue management advice and escalation
Coordination of Internal Audit and Compliance Review requests and follow-up on action points
Management Information and updates to the Exchanges, GMO management, Legal & Compliance and Risk
Industry body meetings such as EACH, ISDA and FIA
Charing bi-lateral meetings with our counterparties on reporting differences for the dual sided reporting regimes
Meetings, communications and training with the operational reporting teams
Support for new products within the scope of the regulation
Review of policies, procedures and controls in place and formulation of recommendations to improve reporting processes, quality of reporting, governance and oversight of risks
 

 

About you
We are looking for a candidate with a skill set that complements our existing highly talented team and a passion for learning and growing with the team their professional proficiencies and knowledge. We deeply care about the high quality of our deliverables and value each team member’s contribution to the team’s continued success. We all work to foster a fun working environment where we support one another to build expertise in this domain.

For you to be successful in this role, you need to have

Deep knowledge and experience in an area that is relevant to our function such as, but not limited to: regulatory reporting, MIFID II or EMIR regulation, product/market knowledge in one or more asset classes, trading/trading surveillance, compliance, issue/incident management, risk or legal experience
Good analytic skills - for example, to be able to assess the significance of issues arising, assess control design and effective operation or analyze changes in the regulation or guidance, and produce requirements for regulatory reporting
Documentation – Ability to document work performed in detail including findings, conclusions and follow-up actions needed is necessary
Communication – Excellent oral and written communication skills are required. A big part of what we do requires effective communication with a wide range of external and internal parties. This means we need to know our audience and the appropriate language, level of detail and explanation necessary.
Outcome-oriented - Proven track record to deliver good results and take ownership of the quality of your work and areas of responsibility
A standout colleague with strong collaboration and communication skills to work within an international team and with other functions and project teams
Problem-solving skills with a structured and detailed approach
Autonomous - Good ability to prioritize work tasks, multi-task and work autonomously with minimal direct supervision but with support for challenges
Proficient in English, both written and verbal. We work across 8 countries thus English is our working language.
Advanced Excel knowledge, experience working with large data sets – it is an advantage but not necessary to have any knowledge or experience with data analytics software or programming languages such as Python or SQL.
Any familiarity with interpreting regulatory legal text and analyzing the impact on our businesses and products is an advantage as is a very good general understanding of financial products, trading and post-trade processes which impact regulatory reporting.

We are looking for a highly motivated individual that is willing to learn and further develop their expertise. We are willing to support you to gain additional skills and knowledge to support your professional goals and aspirations. We highly encourage our team members to attend industry conferences, engage in thought leadership and pursue a number of different types of learning opportunities. If you are interested in joining us, we would love to hear from you!

 

The candidate will be working 4 to 5 days a week (2 days in the office) with at least a 6 week break for summer.