At a Glance
- Tasks: Generate and validate regulatory reports for open banking compliance.
- Company: Join EXL, a global leader in data and AI solutions.
- Benefits: Flexible hybrid working, competitive pay, and growth opportunities.
- Other info: Collaborate with cross-functional teams in a dynamic environment.
- Why this job: Make an impact in the evolving world of open banking.
- Qualifications: 2-3 years in regulatory reporting with strong SQL skills.
The predicted salary is between 35000 - 45000 £ per year.
EXL (NASDAQ: EXLS) is a global data and artificial intelligence ("AI") company that offers services and solutions to reinvent client business models, drive better outcomes and unlock growth with speed. EXL harnesses the power of data, AI, and deep industry knowledge to transform businesses, including the world’s leading corporations in industries including insurance, healthcare, banking and financial services, media and retail, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect. We are headquartered in New York and have more than 60,000 employees spanning six continents.
We have a new opportunity for a Regulatory Reporting Analyst to support the expansion of Buy Now Pay Later (BNPL) offerings across European markets. This role is focused on regulatory reporting, compliance monitoring, and operational governance within open banking frameworks. The successful candidate will work closely with a client-side regulatory lead to build domain knowledge while delivering accurate, timely, and compliant reporting outputs. The position will suit a junior to mid-level analyst (2–3 years’ experience) with strong exposure to regulatory reporting in banking, payments, or fintech, and the ability to work with data, SQL, and cross-functional stakeholders.
As part of your duties, you will be responsible for:
- Generate, validate, and submit regulatory reports aligned to PSD2 and UK open banking frameworks, including:
- Incident and breach reporting (e.g. FCA reporting requirements)
- Fraud, complaints, and redress reporting
- Transactional and operational reporting
- Monitor and report on API performance and availability metrics, including uptime, latency, error rates, and service disruptions
- Support incident classification and breach reporting, ensuring alignment with FCA and relevant regulatory guidelines
- Perform ongoing compliance monitoring, including audit trails for customer consent and data access across open banking journeys
- Investigate reporting discrepancies, operational anomalies, and API performance issues, working with engineering teams to resolve data issues
- Maintain accurate documentation of reporting methodologies, regulatory requirements, and audit processes
- Track reporting deadlines, regulatory calendars, and submission obligations to ensure timely compliance
- Support internal and external audits, regulatory reviews, and information requests
Cross-Functional Collaboration:
- Partner with engineering teams to source data, validate reporting outputs, and resolve data quality issues
- Work with product and compliance teams to ensure regulatory requirements are reflected in operational processes
- Engage with stakeholders across engineering, product, compliance, and risk to support reporting and governance activities
Skills and Personal attributes we would like to have:
- 2–3 years’ experience as a Regulatory Reporting Analyst within banking, payments, or fintech
- Hands-on experience with:
- Incident & breach reporting (FCA or equivalent)
- API performance / availability reporting
- Compliance monitoring and audit trails (e.g. consent and data access)
- Complaints handling and redress reporting
- Exposure to PSD2 / Open Banking regulatory reporting frameworks (EU or UK preferred)
- Strong SQL skills and experience working with large transactional datasets
- Experience using observability or monitoring tools to analyse system performance and reporting data
- Ability to independently validate reporting outputs end-to-end
- Strong stakeholder management and communication skills across technical and non-technical teams
- Open banking / payments / fintech environments
- Experience across one or more of:
- Incident & breach reporting
- Audit & record-keeping
- Performance and operational reporting
Nice to Haves:
- Exposure to multi-jurisdictional reporting frameworks (e.g. EU PSD2, UK FCA, AU CDR)
- Familiarity with open banking APIs and ecosystem (TPPs, AISP/PISP)
- Experience supporting reporting in newly regulated or evolving markets
To be considered for this role, you must already be eligible to work in the United Kingdom.
Regulatory Reporting Analyst – Open Banking in London employer: exl
EXL is an exceptional employer that fosters a culture of innovation and collaboration, making it an ideal place for a Regulatory Reporting Analyst to thrive. With flexible hybrid working options in London or remote, employees enjoy a supportive environment that prioritises professional growth and development, alongside competitive benefits. Joining EXL means being part of a global team dedicated to excellence and integrity, where your contributions directly impact the future of open banking across Europe.
StudySmarter Expert Advice🤫
We think this is how you could land Regulatory Reporting Analyst – Open Banking in London
✨Tip Number 1
Network like a pro! Reach out to folks in the banking and fintech sectors on LinkedIn. Join relevant groups, attend webinars, and don’t be shy about asking for informational interviews. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for those interviews by brushing up on your regulatory knowledge. Make sure you can chat confidently about PSD2, FCA requirements, and compliance monitoring. We want you to shine when discussing how your experience aligns with the role!
✨Tip Number 3
Showcase your SQL skills! Be ready to discuss how you've used data to solve problems or improve reporting processes. If you’ve got examples of working with large datasets, bring them to the table – it’ll set you apart from the crowd.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search. Let’s get you that Regulatory Reporting Analyst position!
We think you need these skills to ace Regulatory Reporting Analyst – Open Banking in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Regulatory Reporting Analyst role. Highlight your experience with regulatory reporting, compliance monitoring, and any relevant skills like SQL. We want to see how your background fits 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 open banking and how your experience aligns with our needs. Keep it concise but impactful – we love a good story!
Showcase Your Skills:Don’t forget to showcase your technical skills, especially your SQL expertise and experience with API performance reporting. We’re keen on candidates who can demonstrate their ability to work with data and cross-functional teams.
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at exl
✨Know Your Regulatory Stuff
Make sure you brush up on the key regulations like PSD2 and FCA requirements. Being able to discuss these frameworks confidently will show that you're not just familiar with the role but also understand the bigger picture of regulatory reporting.
✨Show Off Your SQL Skills
Since this role requires strong SQL skills, be prepared to talk about your experience with data manipulation and reporting. Maybe even bring a few examples of how you've used SQL to solve problems or improve reporting processes in your previous roles.
✨Demonstrate Cross-Functional Collaboration
This position involves working with various teams, so think of examples where you've successfully collaborated with technical and non-technical stakeholders. Highlighting your communication skills and teamwork will make you stand out.
✨Prepare for Scenario Questions
Expect questions about how you'd handle specific situations, like incident reporting or compliance monitoring. Practising your responses to these scenarios can help you articulate your thought process and problem-solving abilities during the interview.
