At a Glance
- Tasks: Drive transformational change in regulatory reporting and collaborate with diverse teams.
- Company: Join Wells Fargo, a leading financial services provider with a commitment to innovation.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Dynamic work environment with a focus on compliance and risk management.
- Why this job: Make a real impact in the financial sector while developing your analytical skills.
- Qualifications: Experience in investment operations and strong communication skills are essential.
The predicted salary is between 49500 - 60500 £ per year.
About this role: Wells Fargo is seeking an experienced Regulatory Reporting Business Analyst to join the EMEA CIB Product & Strategic Delivery (P&SD) team. This team plays a critical role in driving transformational change across CIB Wholesale Operations. The position will support Operations in delivering both technical and non‑technical Transaction Reporting change initiatives, ensuring solutions are fully embedded across the end‑to‑end business change lifecycle.
The Business Analyst will work closely with the Project Management function within P&SD and partner with stakeholders across Business, Operations, Technology, Compliance, and Legal to ensure seamless planning, design, and delivery of change. Prior experience leading high profile TR initiatives within an Investment Banking environment is highly beneficial, alongside recognised qualifications in Business Analysis and familiarity with the following regulations: EMIR, SFTR, MIFID covering all asset classes.
In this role, you will:
- Be responsible for Situation Investigation and Problem Analysis, Feasibility Assessments, Business Case Development, Process and Service Improvement, Business Acceptance Testing, Business Change Deployment and Requirements Definition.
- Run discovery, elicitation and design workshops with stakeholders at varying levels to ensure problem statements are fully understood, that requirements are holistic and that they are documented to the highest standards.
- Define and document requirements and user stories using Jira as prescribed by the team and run appropriate meetings to validate the artefacts produced prior to signoff.
- Produce dashboards to monitor user story and testing progress as prescribed by the team.
- Document test scenarios, develop test packs, and support execution of testing activities.
- Display a high degree of stakeholder management and analysis.
- Work closely with Project Management to ensure that the project remains on track and progress communicated frequently in line with key artefacts provided.
- Identify, analyse and manage risks, issues and interdependencies, escalating as necessary and ensure project tasks are completed according to established timelines.
- Build relationships and influence Internal and external stakeholders to help navigate Wells Fargo move towards the future state in line with the firm strategy and business objectives.
- Collaborate with Technology and Operations teams to deliver optimal solutions.
- Maintain up to date working knowledge of the industry and ensure that the organization’s interests are considered.
Required Qualifications and Skills:
- Experience in Institutional Investment Operations, or equivalent demonstrated through one or a combination of the following: work experience, training, education.
- Experience working within financial services specialising in Capital Markets, particularly with regards to large Transaction Reporting migration efforts across EMIR, SFTR, MIFID etc.
- Resilient, organised with a high degree of attention to detail, especially given the global nature of the team and the tight timelines that we are delivering against.
- Ability to migrate transaction reporting flows onto strategic platforms in line with the firms’ long-term strategy.
- Be familiar with both the Systems Development Life Cycle (SDLC) and the broader Business Change Life Cycle (BCLC).
- Experience of Investment Operations and the trade Lifecycle demonstrated through one or a combination of the following: work experience, training, military experience, education.
- Exceptional communication and relationship building skills at all levels of the organization.
- Excellent documentation skills ensuring traceability of the delivery back to requirements.
- Experience documenting testing strategies, coordinating testing efforts across multiple platforms and business functions, capturing and documenting UAT results, creation of test scripts and managing and communicating progress.
- Fluent in the following applications: All MS Office Application and Agile Enterprise Jira, and Confluence.
Regulatory Reporting Business Analyst - VP in London employer: WELLS FARGO BANK
Wells Fargo is an exceptional employer that prioritises employee growth and development, offering a dynamic work culture that fosters collaboration and innovation across the EMEA, APAC, and Canada regions. With a strong commitment to operational resilience and a focus on building robust customer relationships, employees are empowered to make impactful decisions while enjoying comprehensive benefits and support for work-life balance. The company's dedication to diversity and inclusion ensures a welcoming environment where all voices are valued, making it an ideal place for those seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Regulatory Reporting Business Analyst - VP in London
✨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 WELLS FARGO BANK. 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 - VP in London
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 WELLS FARGO BANK.
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 WELLS FARGO BANK'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 WELLS FARGO BANK
✨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 WELLS FARGO BANK.
✨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 WELLS FARGO BANK 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 WELLS FARGO BANK 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.
