Transaction Reporting Expert
5 days ago
About the Company
Taylor James Resourcing is a reputable recruitment agency serving the financial services industry. We offer exciting career opportunities for professionals seeking challenging roles. Our company culture emphasizes teamwork, innovation, and customer satisfaction.
Job Description
This is an excellent opportunity for a skilled Transaction Reporting Expert to join our team. As a key member of our financial compliance team, you will be responsible for implementing transaction reporting and ensuring compliance with regulatory requirements. The successful candidate will have experience in MiFID transaction reporting and strong knowledge of relevant regulations.
Key Responsibilities
- Implement transaction reporting in the London office.
- Oversee back-office controls and related oversight processes to ensure compliance with regulatory requirements and firm Policy and Standards.
- Liaise with the broking desks on IT, Compliance, Client Onboarding, and Client matters.
- Understand broker commission and draft a broker's commission manual.
- Ensure necessary back-office cover is in place across all jurisdictions.
- Implement end-of-day zero commission, reduced commission, and error trade reporting/reconciliation.
- Supervise error handling process and complaints escalation process.
- Coordinate back-office team training and ensure exchange rules and back-office policies are up-to-date and fit for purpose.
- Maintain Exchange Membership and update user registration and de-registration.
- Maintain products on the system and update any new products.
- Submit required documents during the year, including ICE Annual Questionnaire.
- Ensure compliance with post-Brexit Oslo structure and liaise with compliance team to monitor communications between Futures and Securities to ensure adherence to EU/UK Law.
- Prepare desk reports for Desk Head meetings and ensure Desk Head Sign-off.
- Implement policy for daily report review and sign-off by appropriate personnel.
- Liaise with Credit Control to address issues blocking payment and flag clients who are overdue.
Salary Information: The estimated salary for this role is £70,000-£75,000 per annum.
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