Vice President, Regulatory Reporting Officer

About The Business/Team

This is the role with in CMI (Capital Market Initiatives) team as part of CCCO (Chief Conduct & Control Office) within ITO (Information Technology & Operations) organization broadly within CIB AMER (Corporate & Institutional Banking for Americas). The US/Americas ITO CCCO department covers the following areas: information security, operational resilience, IT and Cyber GRC (Governance, Risk and Controls) and ITO CDO (Chief Data Office). The goal of ITO CDO team is to ensure: Data and controls across IT applications within CIB. Record retention data policies and procedures. Regulatory changes have been implemented within IT Platforms. The CMI team is responsible for driving projects, ensuring controls, and providing governance for transaction regulatory reporting within CIB for registered swap-dealer & broker-dealer entities.

About The Job

The CMI team is looking to reinforce the team with a Vice President, reporting to the ITO Chief Data Officer. The Regulatory Reporting Office is responsible for ensuring compliance with relevant FINRA & SEC regulations and standards related to AMER Broker Dealer reporting including TRACE Fixed Income Reporting, OTC Large Options Position Reporting (LOPR). This role involves collaboration with various departments to gather data, analyze reporting requirements, and implement best practices in regulatory reporting.

Responsibilities

• Regulatory Reporting
  • Ensure proper control around timely submission and accurate regulatory reports for TRACE reporting obligations across Fixed Income products, OTC LOPR across Equity derivative products
  • Act as the lead coordinator and subject matter expert for reporting governance, reporting quality, timeliness, unmatched transactions analysis, regulatory inquiries and remediations initiatives
• Data Analysis
  • Analyze any reporting gaps or issues identified by operational teams
  • Define and implement KPI’s for regulatory reporting and present to internal governance groups
  • Develop and maintain reporting metrics and dashboards related to TRACE timeliness, amendments, unmatched transactions, data quality and control effectiveness
• Collaboration
  • Collaborate with Business and ITO stakeholders to best understand their operational and strategic needs
  • Communicate effectively with regulators and stakeholders regarding reporting requirements and findings
• Documentation and Process Improvement
  • Build Business Requirement Documents (BRD) to comply with the Bank’s new regulatory reporting or change in the rules
  • Maintain thorough documentation of reporting processes and methodologies
  • Act as a point of contact for inquiries related to TRACE, LOPR and other Broker-Dealer regulatory reporting
• Process Governance
  • Manage governance forums related to transaction reporting
  • Drive continuous improvement initiatives to enhance reporting controls, data quality and operational efficiency
  • Manage the IT BoW priority for the regulatory reporting scope with a transversal angle
  • Serve as the primary liaison between regulatory compliance, technology, front-office, audit and senior leadership
• Project and Change Management
  • Actively participate in the delivery of major or complex regulatory reporting events or new obligations
  • Leading interpretation and documentation
  • Prepare reg-tech solutions and reporting enhancements to stay ahead of compliance requirements

Qualifications and Skills to Success

• Minimum 7 years of hands-on broker-dealer transaction-reporting experience, covering Fixed-Income and Equity-Derivatives products
• Proven track record at large, international financial or banking institutions
• Deep knowledge of SEC/FINRA reporting requirements, including TRACE, LOPR and associated control frameworks
• Expertise in analyzing regulatory rules and producing clear requirement documents for IT, compliance, business and operations teams
• Strong presentation and communication skills; experienced in leading governance forums with senior stakeholders across multiple business lines
• Comprehensive understanding of Fixed-Income securities, listed and OTC equities, options, and the full trading-lifecycle workflow (trading, booking, allocation, and settlement)
• Direct exposure to front-office data elements and regulatory workflows across multiple asset classes, and to the interaction between front-office, operations, compliance and reporting platforms
• Ability to synthesize complex processes, identify gaps, and devise actionable solutions
• Experience working in multicultural, complex international banking organizations
• Proven capability to coordinate and influence cross-functional teams without formal line authority
• Demonstrated success in building and leading high-performing, geographically dispersed teams

Preferred Qualifications

• Bachelor or Master of Science in Finance, Business Administration, Business Analytics, IT or related areas
• FINRA Registrations Required: Not Applicable
• CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required): Not Applicable
• SEC Security-Based Swap Dealer Associated Person: Not Applicable