Business Analyst (RegTech)

Main purpose of the role:

• Creating functional requirements for the development of new regulatory requirements e.g. onto the strategic reporting and surveillance platforms
• Creating functional requirements for enhancements and fixes to the strategic reporting and surveillance platforms
• Creating functional requirements for migration of the reporting logic currently accommodated by other legacy applications onto the strategic reporting platform
• Engaging upstream system owners where changes are required for regulatory reporting purposes
• Performing some BAU support tasks related to surveillance/regulatory reporting

Key responsibilities:

• Defining the current state, data flows, what rules are in place and how we meet the existing regulations across each asset class
• Understanding the future state model which will involve a migration onto our strategic platforms
• Interpreting the changes to regulation and detailing the impact on our data flow/tech stack
• Documenting the requirements and working with upstream source system providers to ensure they meet their obligations
• Work closely with Business Analysts, Operations and Business Change teams in articulating and defining requirements
• Working with development teams to ensure requirements are understood
• Defining scope of testing, working with testers, validating test results
• Support the existing applications, assist in diagnosis and resolutions of issues

Skills / experience required:

Skills required:

• 5 years minimum experience of being a business analyst, ideally in the tech space
• Ability to write complex functional requirements in both agile and waterfall methodologies
• Experience with JSON and XML schemas
• Experience of regulatory reporting regimes e.g. CFTC, NFA, SEF and awareness of upcoming changes
• Experience or knowledge of any surveillance platforms
• Strong attention to detail
• Experience with SQL and the ability to query db’s
• Experience of data analysis/data mapping and familiarity with data schemas
• Knowledge of transaction lifecycle

Nice to Have:

• Experience of EMEA regulatory reporting regimes e.g. MiFID, EMIR and awareness of upcoming changes
• Experience of working with reference data related to transaction reporting
• High level understanding of the IDB market and capital markets in general
• Experience with the architecture of third-party reporting services e.g. DTCC

Personal attributes:

• Ability to work in fast development environment and quickly adapt to the changes
• Ability to work with global teams
• Self-driven with ability to work with minimal supervision