Principal, Regulatory Trade & Transactions

BNY Mellon
New York, USA
May 11, 2022
Jun 10, 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time

Team Overview:

As part of the BNY Mellon Regulatory Operations & Reconciliation Center of Excellence, our team is responsible for implementing the strategic vision for data governance, control and monitoring for Transaction and Trade Regulatory Reporting for Global Markets reporting obligations. The BNYM TRR Program is a strategic and multi-year initiative to deliver a robust quality assurance and control process over all regulatory trade and transaction reporting across 9 regulators and 16 regulations for all Markets products and entities.

Role Specific Responsibilities:
  • Conducts analyses, reporting and project management in support of Trade and Transaction Regulatory Reporting Operations, special projects/initiatives and/or strategic/operational planning activities.
  • Leads special projects/initiatives that are of strategic importance for the function or business unit. Is a resource to more junior staff on complex or unprecedented issues. Is considered the technical leader for any ad-hoc reporting or project needs in the function or business unit.
  • Will enlist support from and lead junior staff or peers. Responsible for assigning work and monitoring quality and completion.
  • Analyze, define, and prioritize business requirements, functional specifications in support of regulatory reporting operations, special projects/initiatives and/or operational planning activities.
  • Formulates and defines program scope and objectives for the work stream with thorough understanding of business processes in the regulatory reporting domain.
  • Identifies objectives, constraints, issues, risks, and assumptions for small to medium-sized programs.
  • Defines and executes the test strategy and detailed test plans.
  • Documents and communicates implementation impact through process documentation, FAQ's, and User Guides.
  • Partners with technology and vendor resources through the development life cycle.

Standard Job Responsibilities:
  • Represents the team to all areas of IT in resolving issues and developing technology solutions.
  • Is accountable for overall delivery of assigned functional work stream on a small to medium-scale program.
  • Assists in developing implementation/conversion strategy and implementation plan.
  • Manages scope and change throughout the initiative utilizing formal change control and requirements traceability.
  • Trains users on new or enhanced applications and/or systems of higher complexity.
  • Serves as point of contact or subject matter expert for the business on specific systems.
  • Supports testing of new or enhanced applications and/or systems and provides guidance to junior team members on complex testing tasks including case development, requirement traceability analysis, test preparation, script writing, and functional test execution.
  • No direct reports, provides guidance to less experienced colleagues. May lead projects and allocate work to junior BAs.
  • Contributes to the achievement of related team objectives.
  • Identify best practices and share these within the business line.
  • Provide and participate in cross training with colleagues where necessary.
  • Assist in any ad hoc tasks as requested.

  • Bachelor's degree or the equivalent combination of education and experience in business management or related field is required.
  • 10-12 years of total work experience, f inancial industry experience preferred. Regulatory Reporting experience is highly desirable.
  • Ability to identify key issues, to summarize them efficiently, and to escalate them in an appropriate and timely manner.
  • Ability to establish strong interpersonal relationships, confident communicating at all levels with key decision makers in the departments across locations.
  • Ability to prioritize, multi-task and work under time pressure

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals with Disabilities/Protected Veterans. Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

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