Business Analyst BFS (Regulatory Reporting)
Business Analyst BFS (Regulatory Reporting)

Business Analyst BFS (Regulatory Reporting)

Full-Time 60000 - 80000 £ / year (est.) No home office possible
Cognizant

At a Glance

  • Tasks: Drive analysis and deliver regulatory reporting solutions in a dynamic financial environment.
  • Company: Join a leading financial services firm focused on innovation and compliance.
  • Benefits: Attractive salary, flexible working options, and opportunities for professional growth.
  • Other info: Fast-paced environment with excellent career advancement potential.
  • Why this job: Make a real impact in regulatory reporting while collaborating with diverse teams.
  • Qualifications: 8+ years in business analysis with strong data skills and regulatory reporting experience.

The predicted salary is between 60000 - 80000 £ per year.

We are seeking an experienced Business Analyst to support regulatory reporting initiatives within Asset Servicing and/or Capital Markets. The associate will be responsible for driving analysis, requirement definition, and delivery activities across a broad suite of regulatory reporting templates and submissions.

Scope of Work:

  • Solvency II (TPT, QRT)
  • ECB Statistical Reporting
  • MMFR Reporting
  • AIFMD Annex IV
  • MiFID II Transaction Reporting
  • EMT, EPT / PRIIPs KID (including transaction cost calculations)
  • UCITS KIID
  • Dutch DNB (FKT, MER, MESRAP)
  • CBOI Reporting

Key Activities And Deliverables:

  • Elicit, analyse, and document business and regulatory reporting requirements.
  • Map data from upstream systems to regulatory templates in XML/CSV formats.
  • Collaborate with Product, Operations, and Technology teams to design and deliver compliant reporting solutions.
  • Support SIT and UAT phases, ensuring high‑quality validation and readiness for production use.
  • Liaise with external vendors and reporting platforms for updates, template changes, and submissions.
  • Understand our business, customers, strategic goals and how the teams operate to support the realisation of the desired outcome by the team.
  • Work in continuous close collaboration with the business and the feature team, ensuring transparency of vision and requirements.
  • Support others to articulate the ideas and requirements in the format required by the team, such as use cases, user journeys, user stories and illustrations.
  • Responsible for the outcomes of the team in the identification and delivery of systems, solutions and features.
  • Work across teams and stakeholders to capture, validate and document business and system requirements, ensuring they are in line with key strategic principles, and translated from business operations, business objectives, or from external requirements.
  • Interact with key stakeholders and the team to obtain and document functional and non‑functional needs.
  • Elicit requirements using interviews, document analysis, requirements workshops, surveys, site visits, business process descriptions, use cases, user journey maps, systems design, scenarios, business analysis, task, workflow analysis and other relevant techniques.
  • Work in a timely manner, enabling requirements to be ready just in time, thereby reducing risk whilst still allowing changes resulting from feedback.

Required Skills & Experience:

  • 8+ years of Business Analysis experience within financial services, with deep exposure to regulatory reporting.
  • Proven hands‑on experience delivering solutions for at least two of the regulatory areas listed above.
  • Strong data analysis capability, including proficiency with Excel and SQL, and experience working with XML/XSD.
  • Ability to produce high‑quality BRDs, data mapping specifications, and test artefacts.
  • Comfortable working in both Agile and Waterfall delivery environments.
  • Experience in Business analysis, Change Management, and Impact analysis.
  • Minimum 5 years of BFS experience in Capital market or Regulatory reporting essential.
  • Experience in Transformation, migration and integration activities essential.
  • Experience in data mapping, data gaps, data lineage good to have.
  • Attention to detail.
  • Stakeholder Management.
  • Conflict resolution and Problem‑solving mindset.
  • Excellent written and verbal communication skills to collaborate with technical and non‑technical stakeholders.

Business Analyst BFS (Regulatory Reporting) employer: Cognizant

As a leading employer in the financial services sector, we offer our Business Analysts a dynamic work environment that fosters collaboration and innovation. Our commitment to employee growth is evident through continuous training opportunities and a culture that values transparency and teamwork, ensuring that you can thrive while contributing to impactful regulatory reporting initiatives. Located in a vibrant city, we provide a unique blend of professional development and work-life balance, making us an excellent choice for those seeking meaningful and rewarding careers.
Cognizant

Contact Detail:

Cognizant Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Business Analyst BFS (Regulatory Reporting)

✨Tip Number 1

Network like a pro! Reach out to your connections in the financial services sector, especially those involved in regulatory reporting. A friendly chat can lead to insider info about job openings that might not even be advertised yet.

✨Tip Number 2

Prepare for interviews by brushing up on your knowledge of regulatory frameworks like Solvency II and MiFID II. We want you to showcase your expertise and how you can drive analysis and deliver compliant reporting solutions.

✨Tip Number 3

Don’t just apply anywhere; focus on roles that align with your skills in data mapping and stakeholder management. Use our website to find positions that match your experience in Capital Markets and regulatory reporting.

✨Tip Number 4

Follow up after interviews! A quick thank-you email can keep you top of mind. Mention something specific from your conversation to show you’re genuinely interested in the role and the company.

We think you need these skills to ace Business Analyst BFS (Regulatory Reporting)

Business Analysis
Regulatory Reporting
Data Analysis
Excel
SQL
XML
XSD
BRD Production
Data Mapping Specifications
Agile Methodology
Waterfall Methodology
Change Management
Impact Analysis
Stakeholder Management
Problem-Solving

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Business Analyst role. Highlight your experience in regulatory reporting and any relevant projects you've worked on. We want to see how your skills align with what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about regulatory reporting and how your background makes you a perfect fit for our team. Keep it concise but impactful!

Showcase Your Analytical Skills: Since this role involves a lot of data analysis, make sure to showcase your analytical skills in your application. Mention specific tools like Excel or SQL that you've used and any relevant projects where you’ve applied these skills.

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!

How to prepare for a job interview at Cognizant

✨Know Your Regulatory Reporting

Make sure you brush up on the specific regulatory areas mentioned in the job description, like Solvency II and MiFID II. Being able to discuss these topics confidently will show that you understand the role and its requirements.

✨Showcase Your Data Skills

Prepare to demonstrate your proficiency with data analysis tools like Excel and SQL. Bring examples of how you've used these skills in past roles, especially in relation to regulatory reporting or data mapping.

✨Communicate Clearly

Practice articulating complex ideas in simple terms. You’ll need to liaise with both technical and non-technical stakeholders, so being able to explain your thought process clearly is crucial.

✨Be Ready for Scenario Questions

Expect questions that ask you to solve hypothetical problems related to business analysis and regulatory reporting. Think through potential scenarios beforehand and be ready to outline your approach to resolving them.

Business Analyst BFS (Regulatory Reporting)
Cognizant

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