At a Glance
- Tasks: Support regulatory change management and analyse upcoming regulations for financial reporting.
- Company: Join a leading UK financial services provider expanding globally with innovative solutions.
- Benefits: Enjoy flexible working options, corporate perks, and opportunities for professional growth.
- Why this job: Be at the forefront of regulatory changes, making a real impact in the finance sector.
- Qualifications: 5+ years in Regulatory Reporting, Axiom expertise, and strong communication skills required.
- Other info: Opportunity to leverage AI tools for predictive analysis and join industry forums.
The predicted salary is between 43200 - 72000 £ per year.
Project description
The client is a well-established UK-based financial services provider. They are implementing Axiom as a strategic regulatory reporting solution for their global expansion. We are seeking a strong Business Analyst to support regulatory change management and horizon scanning efforts. This role will focus on proactively identifying, analyzing, and interpreting upcoming regulatory changes impacting financial reporting and compliance across jurisdictions.
Responsibilities
- Conduct horizon scanning across global regulatory bodies (e.g., FCA, EBA, SEC, ESMA, MAS) to identify upcoming regulatory reporting changes.
- Track and analyze emerging regulations, policy updates, and consultation papers affecting compliance obligations.
- Collaborate with compliance, legal, technology, and business stakeholders to assess the impact of regulatory changes on current reporting processes.
- Translate regulatory developments into business and functional requirements for project and technology teams.
- Develop and maintain a regulatory change tracker with timelines and obligations.
- Support regulatory reporting initiatives and ensure alignment with new or updated rules.
- Leverage AI tools (e.g., NLP, machine learning) to automate regulatory intelligence gathering and assist in predictive analysis.
- Prepare briefings, executive summaries, and impact assessments for senior management.
- Participate in industry forums and working groups to stay updated on best practices and regulatory trends.
Additional Processes Support
- Participate in and review Nasdaq Discovery.
- Assess data sourcing changes and document specifications.
- Work with Data Analysts to produce necessary files and ensure correct data loading.
- Reconcile data with returns and the General Ledger, addressing gaps and configuration issues.
Skills
Must have
- Prior BA experience in Regulatory Reporting and Adenza solutions on Finrep, Corep, and Liquidity Report.
- At least 5 years of experience, with a minimum of 3 years in Axiom.
- Technical expertise to address implementation challenges, including integration of new returns and products.
- Extensive experience working in Agile environments.
- Strategic thinking and ability to grasp complex dependencies quickly.
- Strong communication and facilitation skills for technical and non-technical audiences.
- Ability to build and motivate effective teams.
Nice to have
- Experience in markets like Greece, New Zealand, Columbia, Austria, and Sweden.
- Interest or experience in applying AI to automate horizon scanning.
#J-18808-Ljbffr
Axiom/ Regulatory Reporting Business Analyst employer: Luxoft
Contact Detail:
Luxoft Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Axiom/ Regulatory Reporting Business Analyst
✨Tip Number 1
Familiarise yourself with the key regulatory bodies mentioned in the job description, such as the FCA and EBA. Understanding their recent updates and how they impact financial reporting will give you an edge in discussions during interviews.
✨Tip Number 2
Network with professionals already working in regulatory reporting or business analysis roles. Engaging with industry forums or LinkedIn groups can provide insights into current trends and challenges, which you can reference in your conversations with us.
✨Tip Number 3
Showcase your experience with Axiom and any relevant AI tools during your interactions. Be prepared to discuss specific examples of how you've used these technologies to enhance regulatory reporting processes in previous roles.
✨Tip Number 4
Prepare to articulate your strategic thinking skills by discussing complex projects you've managed. Highlight how you identified dependencies and collaborated with various stakeholders to achieve successful outcomes, as this aligns closely with the responsibilities of the role.
We think you need these skills to ace Axiom/ Regulatory Reporting Business Analyst
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly understand the responsibilities and skills required for the Axiom/Regulatory Reporting Business Analyst position. Tailor your application to highlight relevant experience in regulatory reporting and Axiom solutions.
Highlight Relevant Experience: In your CV and cover letter, emphasise your prior experience in regulatory reporting, particularly with Axiom and any specific regulations like Finrep, Corep, and Liquidity Report. Use concrete examples to demonstrate your expertise.
Showcase Technical Skills: Make sure to include any technical skills that are relevant to the role, such as experience with AI tools, Agile methodologies, and data analysis. This will help you stand out as a candidate who can tackle implementation challenges effectively.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role and the company. Mention your strategic thinking abilities and how you can contribute to their regulatory change management efforts.
How to prepare for a job interview at Luxoft
✨Understand Regulatory Frameworks
Familiarise yourself with the key regulatory bodies mentioned in the job description, such as FCA, EBA, and SEC. Being able to discuss recent changes or trends in regulations will demonstrate your proactive approach and knowledge in the field.
✨Showcase Your Analytical Skills
Prepare examples from your past experience where you successfully identified and interpreted regulatory changes. Highlight how you translated these into actionable business requirements, as this is a crucial part of the role.
✨Emphasise Collaboration Experience
Be ready to discuss your experience working with cross-functional teams, especially in Agile environments. Share specific instances where you collaborated with compliance, legal, or technology teams to address regulatory challenges.
✨Demonstrate Technical Proficiency
Since the role involves leveraging AI tools for regulatory intelligence, be prepared to talk about any relevant experience you have with AI, machine learning, or data analysis. This will show that you are not only familiar with the tools but also understand their application in regulatory reporting.