At a Glance
- Tasks: Analyse and design IT solutions for regulatory reporting, collaborating with finance and risk teams.
- Company: Market-leading investment bank in London with a hybrid working model.
- Benefits: Competitive day rate of £700 with potential extensions.
- Other info: Opportunity for career growth and collaboration across multiple teams.
- Why this job: Join a high-impact team and make a difference in regulatory reporting initiatives.
- Qualifications: Experience in regulatory reporting, Axiom system, and data analysis required.
We need proven experience translating business requirements into detailed functional specifications and prototyping functionality before development, such as report layouts and sandbox testing. We need knowledge of a wide range of trading book asset classes, including interest rate derivatives, SFTs, bonds, credit derivatives, and equities. We need proven experience in UK/EU Pillar 1 prudential regulatory reporting, including COREP Own Funds, Leverage Ratio, Large Exposures, FRTB, Bank of England Statistical Reporting, and FINREP. We require demonstrated experience with the Axiom vendor system, including mapping to Axiom data dictionaries within an IT team to support configuration and execution of Axiom calculations for new products and solutions. We need proven experience in data analysis and mapping data between systems. We need proven experience performing regression tests and explaining changes. We need proven experience being fully involved in project life cycles. We need proven experience resolving issues through data mining and investigation. We need experience with relational database design and the ability to write SQL queries against Oracle and MS SQL Server. Appreciation of accounting concepts is desirable but not essential. Experience with XML, JSON, and MongoDB is desirable but not essential.
Responsibilities:
- We carry out analysis, design, and delivery of IT solutions supporting Capital Pillar 1 prudential reporting requirements and other regulatory frameworks.
- We partner with Finance, Risk, and Regulatory Reporting teams to gather, document, and validate business requirements.
- We translate evolving regulatory requirements into clear business and technical specifications.
- We collaborate with developers, architects, and QA teams to deliver robust solutions.
- We estimate tasks and define RAID items to help create project plans.
- We drive end-to-end project lifecycle delivery for regulatory reporting initiatives, from requirements gathering through testing and implementation.
- We present project updates to senior management and governance committees when required.
- We perform detailed data analysis across large, complex datasets to support capital adequacy and risk-weighted asset calculations.
- We define quality and acceptance criteria and test cases in agreement with the business.
- We oversee UAT and support production deployment activities.
- We assume project management responsibility on smaller projects and support the project manager on larger projects.
Technologies: Support JSON, MongoDB, Oracle, Project Manager, SQL, XML.
We are a market-leading investment banking organization based in London, working in a hybrid model. We are seeking an experienced Regulatory Reporting Business Analyst with strong Axiom experience for a 12-month engagement, with a day rate of £700 and likely extensions. This role sits within our regulatory reporting environment and offers the opportunity to work across finance, risk, regulatory reporting, and technology teams on high-impact prudential reporting initiatives.
Regulatory Reporting Business Analyst employer: Sivara GmbH
As a market-leading investment banking organisation based in London, we pride ourselves on fostering a collaborative and innovative work culture that empowers our employees to thrive. With a strong focus on professional development, we offer numerous growth opportunities and the chance to work on high-impact projects within a hybrid model, ensuring a balanced work-life experience. Join us to be part of a dynamic team where your expertise in regulatory reporting will be valued and rewarded.
StudySmarter Expert Advice🤫
We think this is how you could land Regulatory Reporting Business Analyst
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Sivara GmbH. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Regulatory Reporting Business Analyst
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Sivara GmbH.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Sivara GmbH's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Sivara GmbH
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Sivara GmbH.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Sivara GmbH will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Sivara GmbH employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
