Regulatory Reporting Business Analyst

London Stock Exchange Group ,
London, Greater London
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: Regulatory Reporting Business Analyst Role Profile Regulatory Reporting is a new function within UK Regulation. The successful candidate will report to the Regulatory Reporting Manager as part of a team totalling 4.. UK Regulation's role is to provide regulatory support for London Stock Exchange's Primary and Secondary Markets and to supervise the trading which takes place on them. It comprises three teams: Primary Market Regulation (PMR) : administers the Exchange's Primary Market rules such as the Admission & Disclosure Standards and operates AIM, a primary market for small and medium sized companies, undertaking regulation of both AIM companies and Nominated Advisers (Nomads). Rules and Compliance : responsible for assisting the FCA regulated entities within UK Capital Markets in complying with applicable FCA rules, R&C is the focal point for communication with the regulator. Market Supervision (MSU) : responsible for monitoring member firm activity on the London Stock Exchange and Turquoise markets, MSU's activities include real time surveillance of LSE markets to ensure that trading is orderly, efficient and in compliance with trading venue rules. Following the implementation of MiFID II and the associated Regulation (MiFIR), the need to continue to develop the solutions implemented in order to: * keep pace with regulatory expectations; * address any deficiencies identified; and * reflect both further clarifications provided through the mechanism of ESMA Q&A and changes necessitated as a result of the onshoring of European legislation post the Brexit transition period has highlighted a requirement for a dedicated function charged with the identification, prioritisation, communication and coordination of regulatory change. The initial focus of the team will be matters relating to RTS 22 (Transaction Reporting) and RTS 24 (Order Record Keeping) however it is envisaged that, as the function develops, it will assume additional responsibilities for the management of both business requirements relating to, and data requests received from the regulators in respect of, RTS1 & 2 (Transparency), RTS7 (Algorithmic Trading), RTS8 (Market Making Arrangements) and RTS9 (Ratio of Unexecuted Orders to Transactions). Key Responsibilities * Tracking of regulatory developments to ensure resultant business requirements are recognised on a timely basis, socialised with appropriate stakeholders, budgeted and timetabled for delivery in advance of the effective date. * Drafting of business requirements / change requests. * Liaison with Market Operations, Technology and UK Regulation stakeholders to ensure delivery against business requirements: socialisation of changes for sign-off; oversight of UAT; coordination of acceptance process. * Supporting the development of appropriate MI for senior stakeholders to enable tracking of progress in change delivery and escalation of any issues encountered. * Coordination of responses to regulatory data requests. Key Behaviours Communication : very strong oral and written communication skills; able to tailor messages to a variety of audiences. Motivation & Flexibility : able to operate independently, reprioritise own workload as necessary, and deliver to tight deadlines; comfortable in a fast-moving environment which may require assumption of additional tasks outside key areas of responsibility at short notice; willingly to dedicate requisite effort to ensure activities completed on time and to the quality required; pro-active and able to demonstrate initiative. Organisation : able to manage multiple deliverables concurrently; adopts a logical approach to the prioritisation and delivery of tasks. Stakeholder Management : able to balance the needs of multiple stakeholders and manage expectations with respect to delivery on the basis of accurate assessment of both capacity and priorities; confident in dealing with stakeholders at all levels of an organisation. Analysis : able to accurately review and synthesise large amounts of data; keen eye for detail; unafraid to raise questions to both confirm understanding and test the logic of facts as presented. Teamwork : able to work a part of a close-knit team; willing to share information and ideas proactively. Key Skills Degree level education or equivalent. Experience of working within the financial services industry - trading venue experience would be preferable but is not essential. Familiarity with European level regulation, specifically MiFID II and MiFIR - an understanding of the transaction reporting and record order keeping requirements would be an advantage. Proficient in use of MS Office, specifically Outlook, Word, Excel and PowerPoint. People are at the heart of what we do and drive the success of our business. Our colleagues thrive personally and professionally through our shared values of Integrity, Partnership, Innovation and Excellence which are at the core of our culture. We embrace diversity and actively seek to attract peop

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