At a Glance
- Tasks: Join a dynamic team to analyse and enhance regulatory reporting processes.
- Company: Be part of a leading Financial Services organisation in the heart of London.
- Benefits: Enjoy a competitive salary, bonus, pension contributions, and hybrid working options.
- Why this job: Make an impact in regulatory compliance while collaborating with diverse teams in a fast-paced environment.
- Qualifications: Strong knowledge of SFTR, MiFID II, and EMIR regulations; analytical skills are essential.
- Other info: Opportunity for growth in a supportive and innovative workplace.
The predicted salary is between 63000 - 84000 £ per year.
We are currently partnered with a leading Financial Services organisation who have an exciting opportunity for a seasoned Regulatory Reporting Subject Matter Expert (SME) to join their Regulatory Change function within Operations Technology. This role involves conducting business analysis on issues reported to the team, defining and documenting requirements for developers, and collaborating with key stakeholders to prioritise developments. A critical aspect is ensuring changes uphold the completeness and accuracy of their trade and transaction reporting.
Role & Responsibilities:
- Analyse and determine requirements for resolving issues raised with the Transaction Reporting Technology Team.
- Produce business requirements for reporting trades and transactions under SFTR regulations.
- Assist in creating business requirements for other G20 regulations, such as MiFID and EMIR.
- Document business and functional requirements, ensuring alignment with stakeholders.
- Ensure governance and control frameworks are followed for changes impacting regulatory reporting.
- Collaborate with Change, Operations, Compliance, and Technology to ensure accurate implementation of regulatory deliverables.
- Implement best practices for current and future regulatory reporting requirements.
- Define and template test strategies and test cases to identify issues in developed changes.
- Support UAT processes and testing of developed changes.
- Understand and enhance current regulatory reporting governance, controls, and architecture in the business.
Essential Skills & Experience:
- Strong understanding of transaction reporting requirements under SFTR regulations.
- Experience with MiFID II (Real-time and T+1), EMIR, and CFTC regulations.
- Proficiency in FpML and XML standards for transaction reporting.
- Proven track record in delivering transaction reporting projects, including new initiatives and remediation.
- Strong product knowledge in Repo and Securities Lending; secondary understanding of Equities, Bonds, ETDs, and OTC derivatives.
- Knowledge of project lifecycle and UAT processes.
- Strong analytical, problem-solving, and relationship-building skills.
- Proficiency in Microsoft desktop software.
Preferred Skills:
- Experience with Pirum and IHS Markit.
- Knowledge of Apex/Murex systems.
- Technical expertise in SQL databases.
- Familiarity with issue remediation tools like JIRA.
Package:
- Up to £105,000 basic salary
- Up to 20% discretionary bonus
- 10% pension contribution
- Other Excellent benefits
- Hybrid working – 3 days onsite (City of London)
Contact Detail:
Intec Select Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Regulatory Reporting Business Analyst
✨Tip Number 1
Network with professionals in the financial services sector, especially those who work in regulatory reporting. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends and challenges in the field.
✨Tip Number 2
Familiarise yourself with the specific regulations mentioned in the job description, such as SFTR, MiFID II, and EMIR. Being able to discuss these regulations confidently during interviews will demonstrate your expertise and commitment to the role.
✨Tip Number 3
Showcase your analytical and problem-solving skills by preparing examples of past projects where you successfully delivered transaction reporting solutions. Be ready to discuss how you approached challenges and collaborated with stakeholders.
✨Tip Number 4
If you have experience with tools like JIRA or SQL databases, be sure to highlight this in conversations. Familiarity with these tools can set you apart from other candidates and show that you're equipped to handle the technical aspects of the role.
We think you need these skills to ace Regulatory Reporting Business Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience with transaction reporting, particularly under SFTR, MiFID II, and EMIR regulations. Use specific examples to demonstrate your analytical skills and any relevant projects you've worked on.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with the responsibilities outlined in the job description, particularly your experience in regulatory reporting and collaboration with stakeholders.
Highlight Relevant Skills: Emphasise your proficiency in FpML, XML standards, and SQL databases. Mention any experience with tools like JIRA or systems such as Pirum and IHS Markit, as these are preferred skills that could set you apart.
Showcase Problem-Solving Abilities: Provide examples of how you've successfully resolved issues in past roles, especially those related to regulatory reporting. This will demonstrate your strong analytical and problem-solving skills, which are crucial for this position.
How to prepare for a job interview at Intec Select
✨Know Your Regulations
Make sure you have a solid understanding of SFTR, MiFID II, and EMIR regulations. Be prepared to discuss how these regulations impact transaction reporting and share examples from your past experience where you've successfully navigated these requirements.
✨Demonstrate Analytical Skills
Highlight your analytical and problem-solving abilities during the interview. Prepare to discuss specific instances where you've identified issues in reporting processes and how you resolved them, showcasing your critical thinking skills.
✨Showcase Collaboration Experience
This role requires working closely with various teams. Be ready to provide examples of how you've collaborated with stakeholders, such as Compliance or Technology, to implement regulatory changes effectively. Emphasise your relationship-building skills.
✨Familiarity with Tools and Technologies
Brush up on your knowledge of FpML, XML standards, and any relevant tools like JIRA. If you have experience with SQL databases or systems like Pirum and IHS Markit, be sure to mention it, as this could set you apart from other candidates.