Transaction Reporting Analyst – Futures & Options

at  Bank of America

SKILLS THAT WILL HELP (OPTIONAL):

• Knowledge of one or more of the key European/UK transaction reporting regulations would be desirable, although not essential (EMIR, MIFID/MIFIR, REMIT).
• Experience working among diverse teams globally and taking on multiple viewpoints to make sound judgements and decisions/recommendations on the best solutions would be advantageous.
• Having a proven ability to apply strategic thinking to multiple, complex organizational and business issues, and has ability to translate into practical plans for project execution would be advantageous.
• Having the ability to handle diverse workload and tight schedules would be advantageous.

ROLE DESCRIPTION:

We are looking for a Transaction Reporting Analyst to join our Transaction Reporting Control Group (“TRCG”), working in the Enhanced Quality Assurance Function. Our wider TRCG team is around 250 people located in Chester, London, Gurgaon, Hyderabad and Mumbai.
The role is primarily focused on working with Operations, Business, Change Management and Technology teams and other stakeholders to support business analysis as input to business requirements for changes to transaction reporting regulations, as well as supporting testing teams in creating and executing user testing scripts. Additionally, the successful candidate will be expected to perform analysis of transaction reporting impacts and determine change requirements for new business, changes to existing business and internal and external technology infrastructure and participate through the change management lifecycle to ensure continued compliance with reporting regulations.

RESPONSIBILITIES:

• You will provide transaction reporting subject matter expertise as input to change requirements to help ensure completeness and accuracy of business requirements for new and changed transaction reporting regulations.
• As a transaction reporting subject matter expert, you will perform impact assessment of new and changed business (new products, new market infrastructure, new trading infrastructure, new entities etc) and changes to internal and external infrastructure.
• You will work with internal technology and operations teams to ensure appropriate changes to systems and processes are implemented to ensure continued compliance with reporting regulations.
• You will work with user testing teams to create test packs which appropriately verify correct implementation of reporting change requirements.