Officer Regulatory Transaction Reporting Desk Clearing - Amsterdam

  • Competitive
  • Amsterdam, Noord-Holland, Netherlands
  • Permanent, Full time
  • ABN AMRO Bank
  • 17 Feb 19

Officer Regulatory Transaction Reporting Desk Clearing - Amsterdam

At a glance
The services of ABN AMRO Clearing Bank N.V. (AACB) are subject to intensive national and international regulation and supervision, as AACB has been designated as "systemically important" with respect to the securities domain. As such, it is closely monitored by Regulators and Central Banks and being in control is therefore critical with regards to all AACB processes.

AACB holds significant market shares in financial markets across the globe, holding top spots in clearing on numerous exchanges in every region, clearing anything from 10 to 20 million trades per day. AACB has a global focus and is divided into three regional organizations: Europe, USA and Asia-Pacific.

Your job
The Regulatory Transaction Reporting Desk (RTRD) is responsible for ensuring that the regulatory transaction and position reporting is complete, correct, accurate and submitted timely to Regulatory Authorities. The scope of regulatory reporting are all regulations and rulebooks that result from transactions in financial instruments, for which AACB in Europe is a contractual party.

RTRD - as a "control/monitoring desk" - is the linking pin between the departments that have a role in the reporting process cycle (i.e. stakeholders) and the reports which are sent to the Regulator and Self Regulated Organisations (i.e. Exchanges and CCPS). Further, RTRD is involved in starting new projects, analyzing data and processes, performing legal analysis and monitoring.

The purpose of your job is to advise and assist to develop, maintain and enhance RTRD processes, procedures, systems and controls in order to meet RTRD objectives. You report to the Head of RTRD.

Key activities:
• Maintain documents on the interpretation and application of regulatory requirements and how these are subsequently executed by means of regulatory reporting processes. This allows an integrated referencing of transactions to requirements and reports.
• Support the design of control environment of the Desk to ensure compliance with correct and complete reporting of regulatory reports. This includes collecting relevant filters to identify what should be reported (from a regulatory perspective over the transactions) to assess complete and accurate reporting.
• Analyse data and processes and discusses outcome with the stakeholders.
• Liaise and communicate with all departments that have a role in the reporting process cycle (i.e. stakeholder management). Support the Head in encouraging ownership of the departments that have a role in the reporting process cycle. Create awareness in regard to regulatory reporting throughout AACB, by giving presentations, etc.
• Initiate and participate in projects and change based on changes in regulations, in AACB data and systems or changes and expansion in activities. Advise in projects on regulatory reporting processes and help set quality (legal) standards.
• Prepare reports for meetings with regulators, self-regulated organisations and management.
• Support the Head in her role as primary point of contact for regulators and self-regulatory organisations (i.e. exchanges and central counter parties) with respect of all reporting and relating items. In addition, help communicate with regulators about upcoming changes and inform them about the actions.
• Support and replace the Head during absence.

Your working environment
You work at our Head Office at Gustav Mahlerlaan in Amsterdam.

Your profile
• Knowledge of business economics / accountancy at a master level
• More than 6 years of experience in finance

• Profound knowledge of the regulatory transaction- and position reporting obligations (MiFID II, EMIR, etc.) and internal constraints of AACB
• Profound knowledge of banking and finance products, especially clearing
• Knowledge (in depth) of the AACB strategy, policies and procedures

What we offer
We are offering:
• The opportunity to have impact and make a difference in a highly motivated small team
• There is a lot of room to grow both personally and professionally
• The opportunity to pro-actively work on your vitality and fitness
• Good primary and secondary conditions