At a Glance
- Tasks: Lead reviews of fixed income transaction reporting processes and ensure compliance with MiFID II.
- Company: Join a leading consultancy driving transformation in financial services.
- Benefits: Competitive rate of £500 per day and opportunity to work on impactful projects.
- Why this job: Be part of a critical project that shapes regulatory compliance in finance.
- Qualifications: Experience in MiFID II Transaction Reporting and strong analytical skills required.
- Other info: On-site role in Glasgow, perfect for those seeking hands-on experience.
The predicted salary is between 36000 - 60000 £ per year.
Location: Glasgow (On-site, 5 days per week)
Contract Type: Consultancy Contract (Inside IR35)
Rate: £500 per day
Duration: Initial 6 months
Overview:
We are seeking an experienced Business Analyst with strong MiFID Transaction Reporting expertise to support a leading consultancy on a fixed income transformation project. The end client is changing its fixed income transaction reporting process, and this role is critical to ensuring regulatory compliance through detailed analysis, documentation review, and recommendations.
Key Responsibilities:
- Lead an end-to-end review of the fixed income transaction reporting process in line with MiFID II requirements.
- Analyse existing processes, data flows, and reporting frameworks to identify compliance gaps and inefficiencies.
- Produce clear, actionable recommendations based on findings, supported by robust documentation.
- Engage with internal stakeholders including compliance, operations, and technology teams to validate and implement process improvements.
- Translate business needs into well-defined business requirements and functional documentation.
Essential Skills & Experience:
- Strong, demonstrable experience in MiFID II Transaction Reporting, ideally with fixed income products.
- Proven track record as a Business Analyst within regulatory reporting or capital markets.
- Skilled in reviewing documentation and making regulatory or operational recommendations.
- Excellent stakeholder management and communication skills.
- Experience working in consultancy or complex project environments.
Preferred:
- Knowledge of trade repositories, ARM/APA reporting, or fixed income reporting platforms.
- Experience working on regulatory change programmes in financial institutions.
Contact Detail:
JCW Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Analyst (Transaction Reporting)
✨Tip Number 1
Network with professionals in the financial services sector, especially those who have experience with MiFID II. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in transaction reporting.
✨Tip Number 2
Familiarise yourself with the specific challenges and changes related to fixed income transaction reporting. This will not only help you understand the role better but also allow you to engage in informed discussions during interviews.
✨Tip Number 3
Prepare to demonstrate your analytical skills by discussing past projects where you identified compliance gaps or inefficiencies. Be ready to share specific examples of how your recommendations led to successful outcomes.
✨Tip Number 4
Showcase your stakeholder management abilities by preparing to discuss how you've effectively communicated with various teams in previous roles. Highlight any experience you have in engaging with compliance, operations, and technology teams.
We think you need these skills to ace Business Analyst (Transaction Reporting)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience with MiFID II Transaction Reporting and any relevant fixed income products. Use specific examples that demonstrate your skills in regulatory reporting and stakeholder management.
Craft a Compelling Cover Letter: In your cover letter, explain why you are the perfect fit for this role. Mention your experience in consultancy and how you've successfully led projects that required detailed analysis and documentation review.
Highlight Relevant Skills: Emphasise your analytical skills and your ability to translate business needs into clear requirements. Mention any experience you have with trade repositories or regulatory change programmes, as these are preferred qualifications.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a Business Analyst role.
How to prepare for a job interview at JCW
✨Showcase Your MiFID II Knowledge
Make sure to highlight your expertise in MiFID II Transaction Reporting during the interview. Be prepared to discuss specific examples of how you've navigated compliance challenges and contributed to regulatory reporting processes in previous roles.
✨Demonstrate Analytical Skills
Prepare to showcase your analytical abilities by discussing past experiences where you identified compliance gaps or inefficiencies. Use concrete examples to illustrate how your recommendations led to process improvements, especially in fixed income transactions.
✨Engage with Stakeholders
Since stakeholder management is crucial for this role, be ready to talk about how you've successfully engaged with various teams in the past. Share examples of how you translated business needs into actionable requirements and how you facilitated collaboration among different departments.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills in real-world situations. Think about potential challenges related to transaction reporting and how you would approach them, ensuring you align your answers with regulatory compliance and operational efficiency.