Business Analyst MiFID II

Adecco UK; Greater London; Hybrid; GBP 80,000 - 100,000; Full time

Job summary

A professional recruitment agency is seeking an experienced Business Analyst to join their client's Markets programme Execution & Transformation team. This role involves enhancing the MiFID II Product Governance framework and collaborating with various stakeholders to ensure regulatory compliance. With a focus on business analysis and project delivery, the ideal candidate will have over 10 years’ experience in investment banking, exceptional communication skills, and be proficient in data analysis. The position offers a hybrid working model, requiring in-person attendance in Canary Wharf three days a week.

Qualifications

• Minimum of 10 years' experience as a Business Analyst in Investment Banking.
• Strong background in implementing MiFID II Product Governance.
• Exceptional communication skills for effective updates to stakeholders.

Responsibilities

• Gather and analyse business requirements, collaborating with legal and compliance teams.
• Conduct gap analysis to assess current solutions.
• Document changes to enhance business-as-usual processes.

Skills

Business analysis experience

Regulatory frameworks

MiFID II Product Governance

Data analysis

Communication skills

Microsoft Office Suite

Problem-solving skills

Job description

Business Analyst - MiFID II Product Governance

Daily Rate: £500 - £600 (inside IR35 via umbrella)

Contract Length: 12 months initially

Location: Hybrid working model - 3 days per week in Canary Wharf is essential.

About the Role

Our client is seeking a seasoned Business Analyst to join their Markets programme Execution & Transformation team for a critical project focused on enhancing the MiFID II Product Governance framework. This is a fantastic opportunity for a professional with extensive experience in investment banking and regulatory frameworks to contribute to significant improvements in product governance.

Key Responsibilities

• Gather and analyse business requirements, collaborating with legal and compliance teams to ensure thorough understanding of regulatory mandates.
• Conduct gap analysis to assess current solutions against required enhancements and propose viable solutions.
• Document changes or define new governance and reporting structures to enhance business-as-usual (BAU) processes and controls.
• draught and revise policies and procedures as necessary, ensuring they align with regulatory standards.
• Perform data analysis to support project objectives and deliverables.
• Assist the project manager in adhering to PMO standards and tracking implementation progress.
• Prepare materials for working groups and support project manager in facilitating User Acceptance Testing (UAT) as applicable.

Key Skills Required

1. Minimum of 10 years' experience as a Business Analyst in Investment Banking.
2. Strong background in implementing MiFID II Product Governance.
3. Proven track record in business analysis and project delivery within regulatory frameworks, including legal interpretation and business impact analysis.
4. Experience collaborating with business stakeholders, including Business Managers and Front Office Trading & Sales teams, as well as Legal and Compliance.
5. Exceptional communication skills (both written and verbal) for effective updates to project/programme managers and stakeholders.
6. Proficiency in Microsoft Office Suite, particularly Excel (data analysis), PowerPoint, and Visio (process flow).
7. Strong analytical and problem-solving skills, with keen attention to detail.

Key Skills Preferred

1. Understanding of FCA Consumer Duty and PRIIPs regulations.
2. Business Analysis qualifications or equivalent are desirable.
3. Familiarity with navigating the landscape, including systems architecture and processes.
4. Knowledge of MiFID II Investor Protection regulations (Cost & Charges, Inducements).

How to Apply

If you are a motivated Business Analyst with a passion for regulatory frameworks and product governance, we invite you to apply. Please submit your CV and a brief cover letter outlining your relevant experience and why you are a good fit for this role.

Join us in shaping the future of product governance within our client's organisation!

Adecco is a disability-confident employer. It is important to us that we run an inclusive and accessible recruitment process to support candidates of all backgrounds and all abilities to apply. Adecco is committed to building a supportive environment for you to explore the next steps in your career. If you require reasonable adjustments at any stage, please let us know and we will be happy to support you.