INTERNSHIP - Regulatory Reporting Support Clerk

Job description

Environment

Internship - Regulatory Relations/Bank Regulatory Compliance


Job Title: Intern Client Position Regulatory Reporting Analyst

Department: Operations

NOTE: Job hours between 5am/6am - 8/9am (CST)


TASKS AND RESPONSIBILITIES:
Department Summary:
The Operations Department (“OPER”) handles the middle and back office functions for all Global Banking and Investor Solutions (“GBIS”) business lines (Markets & Financing) and International Private Banking. OPER implements all necessary means to ensure the operational, administrative and financial processing market and credit operations initiated by business lines. In addition, OPER ensures the control and security of transaction processing in accordance with current financial legislations.

OPER, which operates within GBIS, is responsible for the following at worldwide level:

·  Making available all the resources required for the administrative and financial processing of market and credit operations initiated by the various Business Lines
·  Performing level one auditing in accordance with regulatory requirements, and setting up all the facilities required for secure processing of transactions,
·  Managing operational risks
·  Participating in drawing up economic and accounting results for SG Coverage and Investment Banking & International Private Banking operations


The purpose of the position is to act as a support person in regulatory reporting department. The position duties include checking large trader and open interest adjustments in the exchange and CFTC systems


Mission

Day-to-Day Responsibilities:
·  Verification of open interest / position management adjustments on the CME.
·  Verification of open interest / position management adjustments on ICE US
·  Verification of open interest / position management adjustments on ICE Canada
·  Verification of CME large trader adjustments
·  Verification of CFTC large trader adjustments
·  Assist with any audit required for regulatory reporting
·  Document Storage
·  Assist with any projects as requested
·  Makes sure any alert raised is well addressed and your immediate manager is notified of the situation
·  Notify your manager immediately in case of any discrepancy in a position that is expiring or in notice period for delivery
·  Assist with updating and the writing of procedures and documents workflow
·  Participates in local projects to optimize daily tasks

Desired profile

Profile

SKILLS AND EXPERIENCE NEEDED :
Technical Skills:
·  Proficiency in Microsoft Office Excel

Desired / Plus:
·  Comprehensive understanding of futures products and the physical deliverable products


Competencies:
·  Estimates the risks or opportunities of one’s own actions and initiatives
·  Organizes follow-up with client services or affiliate to ensure problems are resolved
·  Identifies opportunities to increase efficiency
·  Willingly accepts challenging assignments
·  Understands and can explain why changes are being implemented
·  Steps forward to provide extra support to team leader and colleagues when necessary

Qualifications:
Experience Needed:

Desired / Plus:
·  1+ years of applicable experience required

Educational Requirements:
·  Studies in Accounting, Finance, Mathematics or other quantitative subjects is preferred

Desired / Plus:

Languages: (Other than English)