About the Organization
SMBIC Data and Regulatory Operations Group is a global team operating in over 20 countries, providing essential support to key business lines including Markets, Services, and Wealth Management. We provide an array of services to enable client lifecycle transactions; from relationship establishment, supporting the data demands surrounding instruments and delivering non-financial reporting to our regulators.
The Regulatory Operations Change Team, within SMBIC Data and Regulatory Operations, is responsible for the execution of regulatory change initiatives, including:
- Implementation of new regulations and changes to existing regulations
- Remediate issues noted by regulators and auditors
- Build controls strategic framework
Role Overview
Regulatory Reporting Change Management Lead is a highly organized and experienced senior change manager to support the execution of Non-Financial Regulatory Reporting project portfolio. This role will be responsible for supporting the planning, and execution of change management activities related to both the implementation of new regulations and business-as-usual (BAU) remediation activities. The ideal candidate will have a solid understanding of regulatory reporting requirements, markets practices, and proven experience in running change initiatives in a fast-paced environment. This role is crucial for ensuring the firm's compliance with evolving regulations, minimizing regulatory risk, and maintaining a competitive edge in the global markets.
Responsibilities
- Support the Change Management Lead in the direct management of multiple regulatory reporting projects, ensuring alignment with strategic objectives and regulatory requirements.
- Provide guidance and mentorship to junior team members, fostering a collaborative and high-performance culture.
- Work closely with business functions (e.g., Operations, Middle Office, Front Office, Technology, Compliance, Legal and Finance) to execute necessary policy, process, and technology change, ensuring buy-in and alignment across the organization.
- Liaise with Business Execution and Transformation teams on topics relating to program oversight, risk monitoring, financial and administrative reporting, providing regular updates and insights on program progress to the Change Management Lead.
- Support the governance of program / projects including facilitation of steering committee and working groups, ensuring effective decision-making and alignment on priorities.
- Identify key project risks, whether stated or not, and escalate accordingly, mitigating potential delays and cost overruns.
- Ensure that the delivery from the workstreams/projects meets requirements and is to the appropriate quality, on time and within budget, in accordance with the program plan and governance, minimizing regulatory penalties and reputational damage.
Qualifications
- Minimum of 8 years of financial services experience, with a focus on global markets trading and investment banking operations.
- Demonstrated knowledge of capital markets products, including cash securities, exchange-traded derivatives, and OTC derivative products.
- Demonstrated knowledge of one or more non-financial regulatory reporting regulations - CFTC, SEC, CSA, CAT, EMIR, SFTR, MiFID II/MiFIR, etc.
- Demonstrated experience in the successful implementation of projects, operational process change and improvement.
- Experience in working with cross-functional teams including business management, middle office, compliance, legal and technology.
- Experience in collecting, defining, and documenting business and technology requirements, test plans and other project management artifacts.
- Experience in consulting with project stakeholders, including the skills to facilitate compromises and resolve conflicting requirements. Strong consulting and stakeholder management skills and the ability to build and foster internal relationships
- Knowledge and a technical understanding of securities processing including product, process and system knowledge.
- Strong Microsoft Office skills; including Visio and Project
Competencies
- Execution/delivery focus with a willingness to challenge the status-quo and drive continuous improvement in change management processes.
- Strong organizational and program management skills. Flexibility to handle changing priorities proactively and manage multiple projects simultaneously.
- Excellent oral and written communication skills and ability to facilitate discussions and present to stakeholders.
- Ability to lead planning sessions challenging the status quo where appropriate and drive decision-making processes.
- Ability to work under pressure and manage tight deadlines or unexpected changes in expectations or requirements.
- A strong knowledge of the techniques for planning, monitoring, and controlling programs and resources.
- Ability to create and deliver presentations to management, effectively communicating program status, risks, and opportunities.
- Ability to quickly grasp and master new concepts/requirements and related product/functional knowledge.
- Ability to learn/understand some technical implications of system design.
- Ability to work independently, multi-task, and take ownership of various parts of a project or initiative.
- Strong influencing and negotiation skills, with the ability to build consensus and drive alignment across diverse stakeholder groups.
- Excellent analytical and problem-solving skills, with the ability to identify root causes and develop effective solutions to complex challenges
Education
- Bachelor’s/University degree, Master’s degree preferred
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Job Family Group:
Finance-
Job Family:
Regulatory Reporting-
Time Type:
Full time-
Most Relevant Skills
Business Acumen, Change Management, Communication, Data Analysis, Financial Acumen, Internal Controls, Issue Management, Problem Solving, Regulatory Reporting.-
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.-
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