Regulatory Change Business Analyst - SFTR in London

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.