Regulatory Business Analyst
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Job Location:
Monthly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Job Title: Regulatory Business Analyst
Reports to: Head of Finance data & processes team
Job Purpose
Working under the direct supervision of the Head of Finance data & processes team the Regulatory Business Analyst will be responsible for a broad set of responsibilities that will allow the individual to develop their analytical problem-solving and stakeholder management skills in a fast-paced environment. Responsibilities primarily include the following:
- Business analysis for the implementation of data-driven regulatory changes (e.g. Resolution CRR/CRD Pillar 3 BCBS239 etc.)
- Support to the role of Community Data Steward for Finance contributing to the documentation of relevant business terms and creation of data lineage for the metadata and reports included in the corporate data management tool Collibra.
- Support to the Regulatory Reporting team for the periodic preparation of regulatory returns such as Common Reporting (CoREP) Financial Reporting (FinRep) and Resolution reporting and/or in case of ad-hoc need for complex data analysis/queries on specific topics
Collaboration with the wider Finance Team and across the organization will be pivotal for success to ensure that a robust and rigorous approach to regulatory reporting is maintained. The candidate should value continuous improvement as new reporting tools and accounting systems are introduced.
Duties & Key Responsibilities
Business Analysis
- Work with business users product owners and technical teams to gather and document requirements for changes in regulatory reporting requirements.
- Lead preparation of detailed business requirements including functional and technical specifications user stories data documentation and process flows.
- Stay up to date with regulatory reporting regulations compliance requirementsand assess their data implications.
- Conduct analysis of business processes identifying gaps and areas for improvement.
- Support system changes and enhancements ensuring they align with business objectives.
- Assist in creating test cases and support User Acceptance Testing (UAT).
- Monitor project progress and escalate risks or issues where necessary.
- Prepare reports presentations and documentation for stakeholders.
Regulatory Reporting
- Support the preparation of Finance-owned regulatory returns both prudential and for resolution planning purposes ensuring accurate timely and consistent reporting to our regulators.
- Understand and maintain the regulatory reporting functionality of the reporting system. This also means taking an active role at times of change (either process-related or IT-related) with the ability to project manage (as appropriate) such change for the area(s) of his/her responsibilities.
- Maintain and develop where necessary robust spreadsheets supporting the calculation of returns and ensure appropriate controls are adhered to.
- Ensure timely implementation of changes including updates to policies procedures manual etc.
Skills & Competencies
- Strong analytical and problem-solving skills with attention to detail
- Interested in both technical and business dimensions
- Effective communication and interpersonal skills to engage stakeholders at different levels.
- Proficiency in Microsoft Office Suite (Excel PowerPoint Word) - skilled excel user; comfortable using complex formulas x-lookups and nested if statements.
- Knowledge of SQL or other data querying languages and familiarity with data management tools (e.g. Collibra ServiceNow).
- Knowledge of financial services products (e.g. banking payments fund management) desirable.
- Knowledge of Accounting principles and policies desirable.
- Ability to document processes clearly (using tools like Visio or similar).
Qualifications
- Bachelors degree in Business Finance Economics Information Systems or related field.
- Professional certifications (CBAP CCBA Agile BA or equivalent) desirable but not essential.
Experience
- 23 years of experience as a Business Analyst preferably within financial services.
- Exposure to regulatory or compliance-driven projects (e.g. Basel III/IV) is an advantage.
- Experience in requirements gathering process mapping and supporting IT/business change initiatives.
Required Experience:
IC
Key Skills
- SQL
- Agile
- Business Analysis
- Visio
- Waterfall
- Business Process Modeling
- Requirements Gathering
- User Acceptance Testing
- Business requirements
- SDLC
- Systems Analysis
- Data Analysis Skills
About Company
Why join us Embark on your new adventure at Euroclear, and work at the heart of the global capital markets. We connect over 2,000 financial institutions across the globe. As an open and resilient infrastructure, we contribute to the stability of the financial markets. We help clients ... View more
