Senior Business Analyst - Intercontinental Exchange

The primary responsibility of this role is to ensure ongoing compliance with ICE Clear Europe's (ICEU) constantly evolving regulatory reporting obligations, notably in respect to CFTC Part 39, SFTR and EMIR transaction reporting. The candidate will be involved in the overall management of regulatory focused projects within the department, including the production of business requirements, reviewing & approving functional specifications and the user acceptance testing/validation of the final reporting deliveries. This will require comprehensive knowledge of ICEUs regulatory requirements, industry standards and company policies, as well as a good understanding of project delivery lifecycle process and ability to coordinate closely with ICE's technology development teams based in Atlanta.

The role will require an understanding of the legislation underpinning the regulatory reports and the ability to analyse the impact from changes to that legislation on those reports. The candidate will be expected to represent ICEU in meetings with, and respond to questions and requests from, regulatory authorities, particularly the Bank of England, ESMA and the CFTC. Some of these requests may be complex and urgent in nature and ICEU senior management places a high priority on this work. The candidate will also be expected to actively participate in EACH (European Association of CCP Clearing Houses), FIA (Futures Industry Association) and other relevant industry working groups.

Experience of using and implementing business intelligence tooling, such as Tableau, is a nice to have, as this type of tooling is used extensively for testing of reporting changes and for responding to regulators' ad-hoc data requests.

Responsibilities

• Provide Project Management of regulatory reporting initiatives: including planning process, business requirement definition, test design, planning and execution are key aspects of the role.
• Give functional assistance and advice to development team(s): regarding new reporting activities or modifications of existing activities and changes to specifications or to assist in resolving issues in reports.
• Ongoing reconciliation: Help to automate the ongoing reconciliation of the department's reporting requirements.
• Monitor Regulatory Activities: Ability to analyse changes to legislation and rules and the impact on regulatory reporting, and respond to those that may impact ICEU.
• Maintain Records and Documentation: Maintain accurate and up-to-date records of compliance activities, including documentation of regulatory interactions.
• Subject Matter Expertise: Ability to integrate business knowledge and reporting requirements to provide subject matter expertise for both internal and external stakeholders.
• Collaborate with Stakeholders: Collaborate with internal stakeholders, such as risk business units, operations, and other departments, to ensure compliance with regulatory requirements.

Knowledge and Experience

The areas involved are numerous and complex. Regulatory reporting requires an understanding of transaction flow through various clearing states such as risk management, operational processes and treasury management. Regulatory reporting experience is essential, preferably knowledge of EMIR, SFTR, CFTC 39.19 and ISO20022 CCP Supervisory Reporting. However, other regulatory reporting experience, such as understanding of MIFID II, MIFIR or Fundamental Review of Trading Book (FRTB) will be considered if it demonstrates the skills required to interpret regulation and how to apply it to business processes.

Ideally the candidate would come from a clearing background, with good knowledge of the overall regulatory landscape. However, experience of working in the Finance sector for a number of years and the capacity to quickly understand the sometimes complex and extensive business processes and data is key. Project management skills are ideal, with experience with project management and leading cross-functional teams. Futures and Options knowledge is a must have and should include a solid understanding of the concepts, terminology and lifecycle of the contracts. Strong knowledge of post trade / clearing applications and functions therein is desirable as is any specific experience of energy and/or commodities markets.

IT skill set - an IT background with Business Intelligence is preferable, with solid working knowledge of business intelligence tools such as Tableau, SQL developer or other data analysis skills that demonstrate the structure and analytical skills together with the persistency and logical nature required to perform this role.

Essential

• Higher level education

Desirable

• Training in IT development methodologies, such as Agile, Waterfall