Regulatory Reporting Change Manager, AVP

at  State Street

Who we are looking for:
You will be joining the Regulatory Reporting team in the Munich Office, where the Regulatory Reporting is being overseen for EMEA. The Regulatory Reporting Change Manager is responsible for managing and overseeing changes in regulatory reporting processes and systems within the organization. This role requires a deep understanding of regulatory requirements, reporting frameworks and project management principles. The Regulatory Reporting Change Manager will work closely together with cross-functional teams including IT, Finance and Risk Management to ensure that all changes are implemented effectively, efficiently and in compliance with applicable regulations.
Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for:

• Leading Finance professionals in area of Regulatory Reporting – Change Management
• Manage the implementation of changes (new products, changes in regulatory requirements) in the area of Regulatory Reporting (Abacus 360)
• Analyze new regulatory requirements and assess their impact on existing frameworks
• Creation of test cases to ensure thorough testing of requirements and documentation of test results
• Project management for regulatory initiatives as required, including definition of Data and I.T requirements
• Collaboration with stakeholders to define change objectives, scope and deliverables

What we value:

• Demonstrated people management, organizational and project management skills
• Professional experience in Regulatory Reporting or Finance Accounting
• Regulatory Reporting experience preferred and Regulatory Reporting experience in the areas of Financial Reporting (FINREP) or Common Reporting (COREP) an advantage
• Practical knowledge of accounting databases such as Oracle and regulatory software such as Regnology (Abacus 360) preferred
• Ability to deal effectively with stakeholders (Risk, Business, data and IT teams) in a multi-locational environment
• Proactive in identifying new approaches to improve processes and systems

Education & Preferred Qualifications:

• Bachelor’s degree or similar qualification in business, economics, finance, accounting or related field
• Ideally 5+ years of experience in regulatory reporting, change management, or a related field within the financial service industry
• Strong analytical and problem-solving skills with a keen attention to detail
• Proficiency in MS Products (Excel, PowerPoint)
• Familiarity with regulatory reporting systems and tools (e.g. Abacus 360 / Regnology)
• Experience in using BI Tools - TIBCO Spotfire or Power BI in creating dashboards and data profiling will be an additional advantage.
• Proficiency in using SQL is a plus.

About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
Discover more at StateStreet.com/careers

• Leading Finance professionals in area of Regulatory Reporting – Change Management
• Manage the implementation of changes (new products, changes in regulatory requirements) in the area of Regulatory Reporting (Abacus 360)
• Analyze new regulatory requirements and assess their impact on existing frameworks
• Creation of test cases to ensure thorough testing of requirements and documentation of test results
• Project management for regulatory initiatives as required, including definition of Data and I.T requirements
• Collaboration with stakeholders to define change objectives, scope and deliverable