Business Analyst / Finance Transformation – Banking Regulatory Reporting

SystemsAccountants Inc.; Erp; On-site; EUR 90,000 - 150,000; Full time

Job summary

SystemsAccountants Inc. is engaged with a leading Luxembourg banking client for a senior Business Analyst / Finance Transformation Consultant focused on regulatory reporting, data migration and finance systems change within a major transformation programme.

You will bridge business stakeholders and IT, defining target operating models, data models and system designs across Finance, Risk and Regulatory Reporting workstreams. Immediate start and long-term engagement are anticipated.

Qualifications

• Minimum 8 years' experience delivering Finance Transformation, Regulatory Reporting, Data Transformation and/or System Migration programmes within the banking sector.
• Strong background in Business Analysis and Requirements Gathering.
• Extensive knowledge of banking regulatory reporting, including FINREP, COREP, Statistical Reporting, and Regulatory Reporting frameworks.
• Strong understanding of the Finance and Risk data landscape supporting regulatory reporting.
• Proven experience in Data Transformation, Data Migration, Data Mapping, Source-to-Target Analysis, Data Quality Assessment, Reconciliation, Testing and Validation.

Responsibilities

• Lead business analysis activities across regulatory reporting and finance transformation workstreams.
• Gather, document and validate business, regulatory and data requirements.
• Translate Finance and Regulatory Reporting requirements into functional specifications and solution designs.
• Perform data mapping and source-to-target analysis for reporting and migration activities.
• Support data quality reviews, reconciliations, testing and validation processes.
• Work closely with Finance, Risk, Regulatory Reporting and Technology teams throughout the project lifecycle.
• Support the implementation, transformation or migration of regulatory reporting platforms.
• Facilitate stakeholder workshops and drive requirements alignment across business and technical teams.
• Contribute to testing, cutover planning and go-live activities.

Skills

Business Analysis

Requirements Gathering

Regulatory Reporting knowledge

Data Transformation

Data Migration

Data Mapping

Source-to-Target Analysis

Data Quality Assessment

Reconciliation

Testing & Validation

Tools

OneSumX

Nasdaq Regulatory Reporting Solutions

Olympic Banking System

Job description

Contract Business Analyst / Finance Transformation Consultant Banking Regulatory Reporting

Luxembourg | Banking Transformation Programme | Contract

SystemsAccountants is supporting a leading banking client in Luxembourg that is undertaking a major regulatory reporting and finance transformation programme. We are seeking an experienced Business Analyst / Finance Transformation Consultant to play a key role in the transformation of regulatory reporting processes, finance data architecture, and reporting systems.

This is an excellent opportunity for a senior banking transformation professional with deep expertise in regulatory reporting, data migration, and finance systems change within complex banking environments.

What is the role?

Working across Finance, Risk, Regulatory Reporting, Data and IT functions, you will act as the bridge between business stakeholders and technical teams, ensuring regulatory requirements are accurately translated into future-state processes, data models and system solutions.

You will be heavily involved in requirements gathering, target operating model design, data transformation activities, testing, migration and implementation support as part of a large-scale banking transformation programme.

What will I be doing?

• Lead business analysis activities across regulatory reporting and finance transformation workstreams.
• Gather, document and validate business, regulatory and data requirements.
• Translate Finance and Regulatory Reporting requirements into functional specifications and solution designs.
• Perform data mapping and source-to-target analysis for reporting and migration activities.
• Support data quality reviews, reconciliations, testing and validation processes.
• Work closely with Finance, Risk, Regulatory Reporting and Technology teams throughout the project lifecycle.
• Support the implementation, transformation or migration of regulatory reporting platforms.
• Facilitate stakeholder workshops and drive requirements alignment across business and technical teams.
• Contribute to testing, cutover planning and go-live activities.

What skills and profile will I need to have?

• Minimum 8 years' experience delivering Finance Transformation, Regulatory Reporting, Data Transformation and/or System Migration programmes within the banking sector.
• Strong background in Business Analysis and Requirements Gathering.
• Extensive knowledge of banking regulatory reporting, including:
  • FINREP
  • COREP
  • Statistical Reporting
  • Regulatory Reporting frameworks
• Strong understanding of the underlying Finance and Risk data landscape supporting regulatory reporting.
• Proven experience in:
  • Data Transformation
  • Data Migration
  • Data Mapping
  • Source-to-Target Analysis
  • Data Quality Assessment
  • Reconciliation
  • Testing and Validation
• Experience delivering end-to-end regulatory reporting transformation projects from design through implementation and go-live.
• Ability to operate effectively across multiple stakeholder groups and manage complex business requirements.

Desirable Skills

Experience with any of the following platforms would be highly advantageous:

• OneSumX
• Nasdaq Regulatory Reporting Solutions
• Olympic Banking System

Experience within custodian banks, depositary banks or complex international banking environments would be particularly valuable.

What are the logistical details?

• Location: Luxembourg
• Contract: Freelance / Contract
• Start: Immediate or short notice preferred
• Duration: Long-term transformation programme
• Banking / Financial Services sector