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The Junior Associate – Regulatory Reporting COE will support the client through specific regulatory reporting activities. This will be completed by working closely with the Manager or Associate Director and work in a supportive role within the Global COE team (supporting the broader Waystone operations). The client base will range from Management Companies to standalone clients. The role will predominantly center around daily reconciliations and regulatory filings for both internal and external clients in addition to market data but will involve other duties outside of these regulatory filing periods.
Job Responsibility:
Completion of regulatory filings such as AnnexIV, FormPF, CPO amongst others for a portfolio of clients on a periodic basis
Be the primary contact for clients and managers to resolve queries relating to regulatory filings on a timely basis to enable filing of all returns prior to deadline
Participate in regular service reviews with internal Waystone entities leveraging the CoE for regulatory reporting activities
Provide input when required to the Manager or Associate Director 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 reporting
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 teams in Cayman and Luxembourg as required
Provide adequate documentation and backup of all operational processes
Participating in on-the-job training for new hires
Be driven, inquisitive and be able to self-manage
Keep abreast of regulatory changes and help oversee and implement within the business where required
Assisting the Manager with ad-hoc client queries
Aspire to be proficient in the various risk and regulatory reporting requirements, such as AIFMD and become proficient in excel & the funds industry, especially with respect to regulations
Proactively support further migrations and integrations to the Regulatory Reporting COE
Other projects and duties as assigned
Requirements:
A minimum of a 3rd level Degree in Finance, Business or similar field is required
The successful candidate will ideally have worked for at least 1-2 years in a risk, regulatory, 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, AIFMD, UCITS, CPO-PQR, Form PF, Solvency II, OPERA and PRIIP’s is preferable
It would be beneficial if the applicant has previous exposure through work or education to a number of risk measurements including Value at Risk, Stress Testing, Liquidity Analysis, Greeks and Back Testing in addition to some knowledge of a range of financial instruments including derivatives
The role involves detailed use of Excel and is a quantitative role so an aptitude and comfort working with numbers and spreadsheets is preferred
Aptitude in using systems in the completion of various Regulatory Reports is required
Nice to have:
A Master’s Degree in a Finance or Mathematical field or a related professional qualification would be desirable
Any experience of using Bloomberg would be beneficial as it is used on a regular basis