Regulatory Change Business Analyst - SFTR

Regulatory Change Business Analyst – SFTR

We\’re partnering with a leading global hedge fund to enhance and optimise its Securities Financing Transactions Regulation (SFTR) reporting framework. The firm already has a mature SFTR process and infrastructure in place. They are now seeking an experienced Business Analyst to own and evolve this framework; ensuring the highest standards of data quality, control, and compliance across all reportable activity.

This is a hands‑on, front‑to‑back change role, based full‑time in the London office. The successful candidate will combine strong SFTR and product knowledge with deep data analysis skills, a proactive approach to remediation, and the confidence to engage with both internal stakeholders and external regulators.

Key Responsibilities

• Own and continuously improve the firm\’s SFTR reporting framework, ensuring full accuracy, completeness, and timeliness of reporting across repo, securities lending, and margin lending activities
• Act as the primary SFTR Business Analyst, managing day‑to‑day change and improvement requests from BAU Operations and senior management
• Conduct data quality testing, root‑cause analysis, and proactive remediation of SFTR issues, driving sustainable fixes in partnership with Technology and Operations
• Analyse data flows, mappings, and enrichment processes to identify control gaps and define robust solutions
• Collaborate with Technology to test and validate SFTR data sourcing and lifecycle event logic
• Drive UAT planning and execution, preparing test scenarios and validating outputs against ESMA\’s SFTR specifications (ISO 20022 XML)
• Maintain strong governance and documentation, ensuring full audit traceability and regulatory readiness
• Partner with Operations, Compliance, and Front Office teams to maintain operational integrity and continuous improvement of SFTR processes
• Engage directly with trade repositories (DTCC, UnaVista, REGIS‑TR) and liaise with regulators on SFTR‑related inquiries, reconciliations, and remediation updates
• Support the development of the target‑state SFTR roadmap, focusing on control maturity, automation, and best‑practice reporting

Requirements

• Proven experience as a Business Analyst or Change Manager within capital markets; ideally in a hedge fund, trading firm, or investment bank
• Strong working knowledge of SFTR, with direct experience supporting reporting, data quality, or remediation initiatives
• Solid understanding of repo, securities lending, and margin lending products and their data models
• Hands‑on experience with data analysis, including SQL/querying, exception investigation, and control testing
• Familiarity with trade repositories, ISO 20022 XML, UTI/LEI/ISIN standards, and reconciliation frameworks
• Proven ability to work closely with BAU Operations to resolve escalations and implement sustainable process improvements
• Excellent stakeholder management skills, with the confidence to interface with regulators and represent the firm\’s position clearly and professionally
• High attention to detail and a strong sense of ownership, accountability, and stewardship; taking responsibility for SFTR end‑to‑end
• London‑based; five days per week in the office

Benefits

This is a 12‑month contract based in London, offering the opportunity to shape and deliver a critical regulatory uplift within one of the market\’s most sophisticated hedge fund environments. Paying between £700 – £800 per day.