Job Title: Business Analyst – (Legal and Regulatory Interpretation)
Location: Toronto, ON (Hybrid)
Estimated Duration: 6 Months
Responsibilities and Duties
Reporting into Director, CM RT, this role will be responsible for:
. Contribute to identifying in-scope emerging regulatory changes applicable to CM. Streamline management reporting to provide a comprehensive summary of RT's EMEA change portfolio
. Lead business impact and gap analysis between current operating models and new regulatory requirements
. Identifies and facilitates detailed client and Front Office (FO) processes' impacts: client flows and outreach requirements, FO communications, FO product, trade surveillance and business conduct
. Collaborate with various stakeholders to drive regulatory advocacy and thought leadership efforts on a cross-jurisdictional basis
. Drive the creation and interpretation of Business Regulatory Requirements where required.
. Drive the creation of Capital Markets Regulatory Target Operating Model including core business and technology capabilities, roles and responsibilities, operating capacities and how the operating groups strategically organize to achieve compliance in line with business priorities
. Drive digital and data regulatory solutions and interpretation with a focus on automated controls, data quality and eliminating manual and inconsistent processes around regulatory workflows, and internal business processes
. Provides leadership, training, coaching, and guidance to team members and impacted stakeholders
. Develops and deliver impactful communications and presentations to cross-functional team members and stakeholders (business and IT), regulators, and senior management committees
Qualifications and Skills
The ideal candidate will be a self-starter, industrious, pragmatic-yet strategic, and able to achieve results with indirect authority. He/she should be comfortable working with team members & stakeholders located across the globe. The candidate will be a strong team player capable of building strong relationships. He/she should have superior communication skills, both verbal and written, and excel in their ability to explain complex business and/or technical concepts to stakeholders across a wide spectrum of business areas.
Core Requirements
. A university degree (preferably in law, or engineering, finance, business management, or similar)
. 8+ years' demonstrated work experience (Hands-on experience working on business change solutions and/or regulatory change initiatives) within a Legal, Investment Banking, Asset Management or Fintech environment
. A strong knowledge of Capital Markets financial instruments, including, but not limited to derivative products to cash products
. Understanding of the financial product lifecycle: origination, primary market, secondary market and the associated business activities such as settlement, risk management, operations & accounting
. Strong understanding of global securities and derivatives regulatory frameworks including, for example, CFTC, SEC, CSA, and EU.
. Understanding of market, credit, and operational risk frameworks
. Strong understanding of electronic trading platforms and ecosystem: algorithmic trading, market making, high-frequency trading.
. Demonstrated experience/knowledge of regulatory obligations for electronic trading: pre-trade transparency, best interest, best execution, post-trade transparency
Soft Skills
. Strong analytical and critical thinking skills to assess information, evaluate risks, and make informed judgments. Can approach problems from multiple perspectives and demonstrate sound reasoning.
. Excellent oral and written communication skills; including the ability to understand and effectively communicate relevant industry regulations, impacts and implementation solutions to the business
. Ability to clearly synthesize and communicate complex problems, concepts and regulatory risk solutions to individuals at all levels of the business
. Flexibility to quickly react to changing demands, ability to prioritize and work well under pressure
. Willingness to ask questions, challenge the process and seek out answers
. Ability to work independently, multi-task, take ownership and drive strategy
. A high level of professionalism, ethics and integrity
Nice to Have's
. Project management certifications and / or equivalent experience
. CFA, FINRA Series 7 or similar qualifications
The pay range that the employer reasonably expects to pay for this position is between CA$80.00 and CA$90.00
Our voluntary benefits offering includes medical, dental, vision and retirement benefits.
Applications will be accepted on an ongoing basis.
Tundra Technical Solutions would like to thank you for the interest you have demonstrated in this opportunity. However, only candidates with the required skills will be contacted.
Tundra Technical Solutions is an Equal Opportunity/Affirmative Action Employer. We welcome and encourage diversity in our workplace.
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Tundra Technical Solutions is among North America’s leading providers of Information Technology and Engineering staffing and consulting services. Our success and our clients’ success are built on a foundation of service excellence. Rather than continually trying to sell to new clients and companies and simply filling databases with candidates, we focus on developing stronger relationships and deeper knowledge of our existing clients’ challenges and opportunities.
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