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 required.
- Other info: Opportunity for professional growth in a supportive and innovative workplace.
The predicted salary is between 63000 - 84000 £ per year.
Regulatory Reporting Business Analyst – Financial Services – Up to £105k + 20% bonus – City of London – Hybrid
Increase your chances of an interview by reading the following overview of this role before making an application.
Overview:
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
Make sure to brush up on your knowledge of SFTR, MiFID II, and EMIR regulations. Being able to discuss these topics confidently during networking or interviews will show that you are well-prepared and knowledgeable about the industry.
✨Tip Number 2
Connect with professionals in the financial services sector on platforms like LinkedIn. Engaging with others who work in regulatory reporting can provide insights into the role and may even lead to referrals or recommendations.
✨Tip Number 3
Familiarise yourself with the tools mentioned in the job description, such as JIRA for issue remediation and SQL databases. Having hands-on experience or at least a basic understanding of these tools can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your previous experiences with transaction reporting projects. Be ready to share specific examples of how you've successfully navigated challenges in this area, as this will demonstrate your expertise and problem-solving skills.
We think you need these skills to ace Regulatory Reporting Business Analyst
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly understand the responsibilities and requirements of the Regulatory Reporting Business Analyst position. Tailor your application to highlight relevant experience in transaction reporting and regulatory compliance.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience with SFTR, MiFID II, and EMIR regulations. Provide specific examples of projects you've worked on that demonstrate your expertise in regulatory reporting and business analysis.
Showcase Analytical Skills: Since strong analytical and problem-solving skills are essential for this role, include examples in your application that showcase how you've successfully tackled complex issues in previous positions.
Tailor Your Documents: Customise your CV and cover letter for this specific job. Use keywords from the job description, such as 'transaction reporting', 'UAT processes', and 'stakeholder collaboration', to ensure your application stands out to recruiters.
How to prepare for a job interview at Intec Select
✨Understand Regulatory Frameworks
Make sure you have a solid grasp of the regulatory frameworks relevant to the role, such as SFTR, MiFID II, and EMIR. Be prepared to discuss how these regulations impact transaction reporting and share examples from your past experience.
✨Showcase Analytical Skills
Highlight your analytical and problem-solving skills during the interview. Prepare to discuss specific instances where you've successfully resolved complex issues related to regulatory reporting or business analysis.
✨Demonstrate Stakeholder Collaboration
Since the role involves working closely with various stakeholders, be ready to provide examples of how you've effectively collaborated with teams like Compliance, Operations, and Technology in previous roles. This will show your ability to build relationships and drive projects forward.
✨Familiarise with Tools and Technologies
Brush up on the tools and technologies mentioned in the job description, such as SQL databases, JIRA, and any specific reporting standards like FpML and XML. Being knowledgeable about these will demonstrate your readiness for the technical aspects of the role.