At a Glance
- Tasks: Join our team to analyze and enhance regulatory reporting processes in financial services.
- Company: Be part of a leading Financial Services organization in the heart of London.
- Benefits: Enjoy a competitive salary, bonus, pension contributions, and hybrid working options.
- Why this job: Make an impact by ensuring accurate trade reporting while collaborating with diverse teams.
- Qualifications: Strong knowledge of SFTR, MiFID II, and EMIR regulations is essential.
- Other info: Work hybrid with 3 days onsite in the vibrant City of London.
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)
Regulatory Reporting Business Analyst employer: Intec Select
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 your interview will show that you are well-prepared and knowledgeable about the regulatory landscape.
✨Tip Number 2
Familiarize yourself with FpML and XML standards for transaction reporting. If you can demonstrate your understanding of these technical aspects, it will set you apart as a candidate who can effectively communicate with both business and technical teams.
✨Tip Number 3
Highlight any experience you have with UAT processes and testing. Be ready to share specific examples of how you've contributed to successful testing phases in previous roles, as this is crucial for ensuring accurate implementation of regulatory deliverables.
✨Tip Number 4
Network with professionals in the financial services sector, especially those involved in regulatory reporting. Engaging with industry peers can provide valuable insights and potentially lead to referrals that could help you land the job.
We think you need these skills to ace Regulatory Reporting Business Analyst
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description and understand the key responsibilities and skills required for the Regulatory Reporting Business Analyst position. Tailor your application to highlight your relevant experience in regulatory reporting and business analysis.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience with transaction reporting regulations such as SFTR, MiFID II, and EMIR. Provide specific examples of projects you've worked on that demonstrate your expertise in these areas.
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 analyzed complex issues and developed effective solutions in previous positions.
Tailor Your Documents: Customize your CV and cover letter to reflect the language and terminology used in the job description. This shows that you understand the industry and the specific requirements of the role, making your application stand out.
How to prepare for a job interview at Intec Select
✨Showcase Your Regulatory Knowledge
Make sure to highlight your understanding of transaction reporting requirements, especially under SFTR regulations. Be prepared to discuss your experience with MiFID II, EMIR, and CFTC regulations, as this will demonstrate your expertise in the field.
✨Demonstrate Analytical Skills
Prepare examples that showcase your strong analytical and problem-solving skills. Discuss specific instances where you successfully resolved issues related to regulatory reporting or improved processes, as this will illustrate your capability to handle the responsibilities of the role.
✨Emphasize Collaboration Experience
Since the role involves working closely with various stakeholders, be ready to share experiences where you collaborated with teams such as Change, Operations, Compliance, and Technology. Highlight how you built relationships and ensured alignment on regulatory deliverables.
✨Familiarize Yourself with Tools and Technologies
Brush up on your knowledge of FpML, XML standards, and any relevant tools like JIRA. If you have experience with Pirum, IHS Markit, or SQL databases, make sure to mention it, as this technical expertise can set you apart from other candidates.