At a Glance
- Tasks: Join us as a Business Analyst, focusing on FATCA and regulatory reporting projects.
- Company: First Derivative, part of EPAM, empowers financial services with data-driven insights and innovative solutions.
- Benefits: Enjoy a full-time role in London with opportunities for professional growth and development.
- Why this job: Be part of a dynamic team transforming the financial landscape while gaining valuable experience.
- Qualifications: Experience in FATCA or similar regulatory projects is essential; strong analytical skills are a must.
- Other info: Office attendance required 5 days a week for initial project engagement.
The predicted salary is between 36000 - 60000 £ per year.
About First Derivative
First Derivative, an EPAM Company, is driven by people, data, and technology, unlocking the value of insight, hindsight, and foresight to drive organizations forward. Counting many of the world's leading investment banks as clients, we help our clients navigate the data-driven, digital revolution that is transforming the financial services sector. Our global teams span across 15 offices serving clients across EMEA, North America and APAC.
We are hiring a Business Analyst to join our team in London on a full-time basis. The initial project you will be working on requires office attendance 5 days per week.
Key Responsibilities:
- Ideally direct experience of FATCA, Common Reporting Standard and/or VAT transformation projects.
- Failing that experience of other regulatory reporting/tax projects would be critical.
- An ability to map existing processes and data sources end to end.
- Ability to understand requirements based on regulatory rules/guidance.
- An ability to work with data from a variety of sources.
- Experience of projects to enhance data quality/governance.
Tasks as a Business Analyst will include:
- Performing requirements gathering and compiling formal Business Requirements and Functional Specification documents.
- Covering all aspects of Business Analyst engagement throughout the Project Development lifecycle including but not limited to:
- Formulating and presenting proposed solutions to the business users. This may incorporate illustrative calculations using production data.
- Formulating testing approaches and compiling test plans and test cases.
- Performing system/integration testing and supporting business users with user acceptance testing.
- Compiling and presenting test results.
- Completing project/work-stream status reports.
- Escalating issues/risks to project/line management.
Candidate personal data will be processed in line with our Global Candidate Privacy Notice.
FATCA Business Analyst, London employer: FD Technologies
Contact Detail:
FD Technologies Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land FATCA Business Analyst, London
✨Tip Number 1
Familiarise yourself with FATCA and the Common Reporting Standard. Understanding these regulations will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the financial services sector, especially those who have experience in regulatory reporting. This can provide you with insights and potentially valuable referrals.
✨Tip Number 3
Prepare to discuss your experience with data mapping and governance. Be ready to share specific examples of how you've improved data quality in past projects.
✨Tip Number 4
Research First Derivative and EPAM's recent projects and achievements. Being knowledgeable about the company will help you tailor your discussions and show genuine interest during the interview process.
We think you need these skills to ace FATCA Business Analyst, London
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the FATCA Business Analyst position. Tailor your application to highlight relevant experience in FATCA, regulatory reporting, or tax projects.
Highlight Relevant Experience: In your CV and cover letter, emphasise any direct experience you have with FATCA, Common Reporting Standard, or similar regulatory projects. Use specific examples to demonstrate your ability to map processes and work with data from various sources.
Showcase Analytical Skills: As a Business Analyst, strong analytical skills are crucial. Make sure to include instances where you've successfully gathered requirements, compiled specifications, or formulated testing approaches. This will show that you can handle the analytical demands of the role.
Craft a Compelling Cover Letter: Your cover letter should not only express your interest in the position but also explain why you're a great fit for First Derivative. Mention your understanding of the financial services sector and how your skills align with their mission to drive business transformation.
How to prepare for a job interview at FD Technologies
✨Understand FATCA and Regulatory Frameworks
Make sure you have a solid grasp of FATCA, the Common Reporting Standard, and other relevant regulatory frameworks. Be prepared to discuss your experience with these regulations and how they apply to the role.
✨Showcase Your Analytical Skills
Be ready to demonstrate your ability to map processes and data sources. You might be asked to provide examples of how you've approached similar tasks in past projects, so think of specific instances where your analytical skills made a difference.
✨Prepare for Requirements Gathering
Since the role involves gathering requirements and compiling documentation, practice articulating how you approach this process. Be prepared to discuss how you ensure that all stakeholder needs are met and how you document these requirements effectively.
✨Demonstrate Communication Skills
As a Business Analyst, you'll need to communicate complex information clearly. Prepare to explain technical concepts in simple terms and practice presenting your ideas confidently, as you may need to present proposed solutions during the interview.