Regulatory Reporting Associate/ Senior Associate - 12 month FTC

Posted 15 April by eFinancialCareers

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PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients' capital across a range of fixed income and credit opportunities, leveraging our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world's largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns.

Since 1971, our people have shaped our organization through a high-performance inclusive culture, in which we celebrate diverse thinking. We invest in our people and strive to imprint our CORE values of Collaboration, Openness, Responsibility and Excellence. We believe each of us is here to help others succeed and this has led to PIMCO being recognized as an innovator, industry thought leader and trusted advisor to our clients.

Overview

We are looking to hire an energetic, motivated and inquisitive Associate/Senior Associate for our London-based Regulatory Operations team that oversees PIMCO's MiFID II trade and transaction reporting obligations for our London and Munich offices. The team's core objectives are centered on best-in-industry regulatory reporting excellence, accuracy, and efficiency; and this role will be a key contributor to the team's continued success. The role will be an initial 12 month FTC

We take a data-centric approach to solving complex regulatory challenges, utilizing vended and internally built controls that utilize technology to the fullest, to drive continuous improvement and stay at the forefront of the industry on regulatory reporting best practice.

On a daily basis you will utilize your judgement and experience to manage the regulatory reporting trade flow, reporting locally to a Vice President in Operations. The role brings opportunities to gain a deep understanding into the business processes of PIMCO across a diverse set of financial products and trading scenarios, while also taking a hands-on approach using data science techniques and tools.

Responsibilities
  • Daily validation of high volume and broad product range of transactional data to European regulators (FCA and BaFin) as required by MiFID II
  • Troubleshoot and resolve daily reporting exceptions to meet tight regulatory deadlines
  • Oversee daily reconciliation tools and processes built for ensuring completeness, accuracy, and timeliness of reported data
  • Maintain and update key static reference data including client, counterparty, venue, and internal decision maker identifiers
  • Coordination with Middle Office, Trade Floor, Legal, Compliance, Technology, key external vendor systems, and other teams as necessary
  • Prepare internal metrics and summaries to senior stakeholders on reporting efficiency
  • Identify anomalies and patterns within our reporting data
  • Contribute to the creation of new requirements within the global regulatory change book-of-work
Requirements
  • Proven Regulatory Reporting or Middle Office experience with an investment manager or investment bank
  • Familiarity of financial industry regulatory regimes (preferably MIFID II, or G20 EMIR / SFTR)
  • Strong understanding of trade operations, buy-side front-to-back trade lifecycle across a diverse set of financial products
  • Excel, and preferably exposure to Python, SQL, and/or business intelligence reporting tools
  • Experience using Bloomberg, especially Bloomberg's Regulatory Reporting solution (RHUB)
  • Proficiency in Microsoft Office products (Excel, Word, Outlook)
  • Intuitive and critical thinker with excellent written and verbal communication skills, with the ability to influence stakeholders at all levels
Equal Employment Opportunity and Affirmative Action Statement

PIMCO recruits and hires qualified candidates without regard to race, national origin, ancestry, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), sexual orientation, gender (including gender identity and expression), age, military or veteran status, disability (physical or mental), any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other basis such as medical condition, or marital status under applicable laws.

Applicants with Disabilities

PIMCO is an Equal Employment Opportunity/Affirmative Action employer. We provide reasonable accommodation for qualified individuals with disabilities, including veterans, in job application procedures. If you have any difficulty using our online system due to a disability and you would like to request an accommodation, you may contact us at 949-720-7744 and leave a message. This is a dedicated line designed exclusively to assist job seekers with disabilities to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.

Reference: 52479402

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