Sr Analyst – GTS Reg Reporting

What is the Senior Analyst-GTS Regulatory Reporting Group responsible for?

• Global Trade Services (GTS) is part of the wider Investment Operations global department which encompasses Corporate Actions, Pricing, Security Maintenance and Charles River.
• Applicants are required to perform daily GTS Regulatory and Client Reporting tasks involving liaising with our external regulatory reporting vendors and internal FTS and non-FTS “clients” as well as reconciling all transactions and information reported / to be reported to various regulators around the globe.  An ideal candidate will have prior experience in the following regulatory reporting requirements: European Market Infrastructure Regulation, Australian Securities and Investments Commission, Alternative Investment Fund Managers Directive, Markets in Financial Instruments Directive, Reporting Form for Private Funds and Undertakings for Collective Investments in Transferable Securities.
• The Regulatory and Client Reporting Sr Analyst will ensure that the daily processes they are performing follow the latest regulatory and client requirements as well as industry standards.  The following are the key expectations from an individual performing this role:
  • Perform the daily tasks assigned of the GTS Regulatory and Client Reporting group ensuring timely and accurate transaction / data reporting is delivered to regulators and / or internal and / or external clients;
  • Keep up to date on regulatory and market initiatives impacting the GTS Regulatory and Client Reporting group;
  • Address any queries regarding the team’s responsibilities / tasks and functions;
  • Use our vendors’ reporting systems to match EMIR and ASIC reported transactions to our broker reported transactions;
  • Monitor the vendor dashboards to resolve any exceptions in the reports sent for EMIR, ASIC and MiFID
  • Perform daily reconciliation between vendors, regulators and originating systems;
  • Perform reconciliation and monitoring of all delegated reporting;
  • Gather daily transaction details where they cannot be delegated for reporting and report, accordingly;
  • Provide internal clients (i.e. GFAR) with any data they require for their overall reporting requirements on a daily, weekly, monthly, quarterly or yearly basis;
  • Train and develop colleagues;
  • Develop and improve procedures given the current systems utilized, new systems being developed and encompass any new regulatory, market or client requirements;
  • Identify and participate on project activities;
  • Audit Coordination – Point of contact for audit inquiries, participate in meetings, facilitate responses to requests from the auditors.
  • Address any queries from internal compliance and help them address any regulators letters

What are the ongoing responsibilities of a Senior Analyst-GTS Regulatory Reporting?
Regulatory Reporting, Reconciliation and Matching:

• Performs the daily, weekly, monthly and quarterly reporting functions by achieving daily work, addressing and resolving technical and logistical issues as they occur, thereby ensuring the accuracy, quality and timeliness of the reports and processes;
• Ensures that reporting processes are conducted in compliance with internal controls and regulatory requirements;
• Perform daily reconciliation for all reporting activities  between vendors, internal systems and regulators’ / client systems;
• Perform reconciliation and monitoring of all delegated reporting;
• Gather daily transaction details where they cannot be delegated for reporting and report, accordingly;
• Use our vendors’ reporting systems to match EMIR and ASIC reported transactions to our broker reported transactions;
• Provide internal clients (i.e. GFAR) with any data they require for their overall reporting requirements on a daily, weekly, monthly, quarterly or yearly basis;
• Addresses any queries related to the daily responsibilities / functions;
• Resolves and escalates regulatory reporting problems;
• Performs daily work in accordance with department’s review checklists;
• Ensures the security of sensitive data attached to the regulatory reporting processes;
• Considers out of cycle reporting requirements (monthly / quarterly) and ensure appropriate resources coverage during these periods.

Internal and External Client Reporting:

• Performed the daily reporting processes by reviewing daily work / e-mails sent to clients and addressing and resolving technical and logistical issues as they occur, thereby ensuring the quality, accuracy and timely delivery of our client’s reports;
• Ensure the security of sensitive data attached to the client reporting processes;
• Resolves and escalates client reporting problems;
• Performs daily work in accordance with department’s review checklists;
• Provide an insight into any new client reporting requirements and involve New Business Services and their Project Management resources when bespoke client reporting is required or GTS-Operational Support on any new initiatives as required;
• Perform daily work following policy and procedural guidelines.

Process improvement:

• Leads and participates in various projects in the department; Identifies project objective, resources and barriers, and implements project strategies; Ensures successful and timely completion of projects.
• Identify any manual intervention in the reporting and try to fix the bugs with the help of DI support
• Evaluates and offers suggestions for improvement to workflows, departmental policies and procedures.
• Works to enhance Straight Through Processing for all functions performed
• Leads testing of new systems/functions
• Drives for solutions by constantly looking at reducing risk and streamlining processes

Controls / Metrics:

• Production of daily / weekly / monthly and ad-hoc metrics for functions being performed
• Ensure procedures / checklists / contacts are up to date and signed off

Risk Management:

• Manage risk and prioritize the workload effectively
• Escalation of potential issues at earliest possible opportunity
• Highlight issues and report root cause and trends to management
• Coordinate audit reviews, responding timely and thoroughly.

• Bachelor’s degree in business or related major or equivalent experience
• Graduate level finance or business courses will be viewed favorably
• Professional qualification/certification in finance, accounting or management highly preferred
• 4 to 5 years of investment industry experience required
• Acts as a resource for colleagues with less experience
• Strong analytical and organizational skills with the ability to work in a fast-paced, team-oriented environment
• Timeliness and ability to adapt with wider changes in the market
• Very good command of English both spoken and written
• Proficient in MS Office applications
• Excellent verbal and written communication skills
• Effective interpersonal and people-management skills
• Effective leadership skills
• Ability to analyze problems and determine and/or recommend resolutions
• Solves problems of difficult scope and high complexity

What makes Franklin Templeton Investments unique?

• Professional development growth opportunities through in-house classes and over 150 Web-based training courses
• An educational assistance program to financially help employees seeking continuing education
• Medical, Life, and Personal Accident Insurance benefit for employees. Medical insurance also covers employee’s dependents (spouses, children and dependent parents)
• Life Insurance for protection of employees families
• Personal accident insurance for protection of employees and their families
• Personal loan assistance
• Employee Stock Investment Plan (ESIP)
• Onsite fitness center, recreation center, and cafeteria
• Cricket grounds and gymnasium
• Library
• Health Center with doctor availability
• Tuition Assistance Program
• HDFC ATM on the campus