• Competitive
  • London, England, United Kingdom
  • Permanent, Full time
  • M&G Prudential
  • 2019-04-18

Regulatory Reporting Analyst

  • Full time
  • London, England, United Kingdom
  • 18 Apr 19

Regulatory Reporting Analyst

Senior Regulatory Reporting Analyst

Working with M&G Prudential as a Senior Regulatory Reporting Analyst means becoming part of a brand with a global reputation and an exciting vision: to become the best loved and most successful savings & investments business.

The forthcoming planned de-merger of M&G Prudential from the Prudential Group PLC provides a terrific opportunity to create a truly international and integrated savings and investments firm. A firm built on a rich and long history and with a commitment to an innovative future centred on the needs of customers and clients. There is a genuine opportunity to drive competitive advantage with value creation through the formation of this new organisation.

If you're inspired to join us, and have the necessary qualities, then this could be the opportunity you've been looking for.

The Role

To provide a high-quality service for M&G and Prudential Group clients, covering aspects of transactional reporting and shareholding disclosures in all relevant territories.

• To support the Regulatory Reporting function within Fund Services responsible for:
- Shareholding Disclosures
- MiFID Reporting
- EMIR Reporting
- AIFMD Reporting
- SFTR Reporting (from Nov 2019)

• To assist the RRM in ensuring all relevant accountabilities / responsibilities, objectives and targets set for the team are met.
• To support the Regulatory Analysts in their activities, identifying development areas and delivering training where appropriate.
• To review and oversee the outputs of the Regulatory Analysts.
• To provide support to Front Office Dealing Operations.
• To assist with identifying and mitigating risks through the application of business processes and appropriate use of available technology.
• To comply with regulatory requirements associated with all activities

Key Responsibilities /Deliverables

• To review and oversee the outputs of the Regulatory Analysts.
• Responding to client/company queries
• Investigation and implementation of new funds/instruments
• Maintaining proper systems and controls to ensure integrity of Regulatory Reporting data.
• Ensuring that M&G and other Prudential Group entities understand the disclosure rules relating to the assets managed
• Ensure statutory/regulatory disclosures are provided to Companies & regulatory bodies within designated timescales.
• Ensure daily transaction reporting is supplied to Regulatory bodies in a timely and accurate manner.
• Provision of holding information to PMG/M&G FO/Compliance to prevent breach of "Authorised Persons" limits.
• Client relationship management.
• Assist and support the RRM with provision of disclosure information to support MIS/KPIs
• Continually monitor and improve, where necessary, the processes, controls and procedures associated with the function.
• Assist RRM in the implementation of appropriate systems, processes, controls and procedures resulting from Regulatory, Organisational and Strategic changes impacting the function.
• Utilising flexible working arrangements to allow team coverage over longer business hours.

Key controls

• Responsibilities agreed, and delivery monitored
• Control/exception reports from systems
• Periodic reconciliations against internal and external data
• Four eye review process against all controls and deliverables.
• Technical/legal advice sought from M&G Legal & Compliance where necessary
• Adequate cover and cross training for key tasks
• Regular 1:1s with RRM
• Control Self certification


• For all funds under management and funds externally managed for Prudential group companies:

- MiFID transaction reporting
- EMIR transaction reporting
- Shareholder Disclosures for 52 territories
- AIFMD Reporting
- Front Office Dealing monitoring
- Client/Audit queries

• Liaising with M&G Legal & Compliance to ensure all statutory and regulatory aspects of the Regulatory Reporting function are met.

You will have:

• A high level of literacy & numeracy and an extensive knowledge of MS Excel & Word is required. Knowledge of MS Access is useful.
• Thorough knowledge of financial markets from an operational perspective including experience of client reporting, preferably within a fund management business.
• Thorough knowledge of Regulatory Reporting for transactional reporting and/or shareholding disclosures is an advantage.
• Knowledge of the Prudential Group structure or an equivalent Group structure is an advantage.
• Good communication skills, both written and verbal, and able to liaise effectively with personnel at all levels.
• Thorough knowledge of the compliance framework surrounding some or all the following:
  • Transactional reporting (MiFIR / EMIR)
    - Shareholding disclosures
    • Threshold competent (IMC, IOC)
    • Additional qualifications would be an advantage.

Job & Personal Skills

• Identify and fulfil regulatory requirements
• Maintain own professional competence
• Technical ability
• Attention to Detail
• Communication
• Delivery
• Drive
• Flexibility
• Prioritising & Organising
• Team Working
• Problem Solving
• Relationship Development

People who work at M&G Prudential agree that ours is a great place to work with a brilliant team spirit. It's also an innovative, high-performing, commercial environment that's totally focused on customers. As an M&G Prudential colleague you'll get all the support you'd expect, including full training and professional development. You'll receive a competitive salary and reward package. And in a fast-changing world, you'll join an organisation that's leading the way in helping customers achieve their long-term financial goals.

M&G Prudential is committed to a diverse and inclusive workplace. Our role as an employer is very simple - to provide the right environment for talented people to do their best work, by respecting, understanding and valuing individual differences.

We welcome applications from individuals who have taken an extended career break, and we are willing to consider flexible working arrangements for all of our roles.