Junior Business Analyst – Regulatory Reporting

Nasdaq; Greater London; Hybrid; GBP 55,000 - 70,000; Full time

Benefits offered by this job

Health insurance

Hybrid work setup

Annual bonus

Equity

Job summary

Nasdaq is seeking a Junior Business Analyst to shape regulatory reporting solutions for financial institutions in a hybrid London setting. You will translate regulatory requirements into clear product features and maintain BRDs/FSDs with cross‑functional teams.

You’ll work with Development, QA, and Product to ensure accurate delivery, staying current on regulatory changes and industry trends to support product evolution.

Qualifications

• Bachelor's degree or equivalent in a related field.
• Proven experience as a Business Analyst in financial services or regulatory/compliance-focused roles.
• Knowledge of EBA and local regulatory reporting.
• Understanding of accounting principles and banking products.
• Strong written and verbal communication to translate regulatory requirements into docs.

Responsibilities

• Convert regulatory requirements into product features and specifications.
• Create and maintain BRDs and FSDs detailing data inputs, processes, logic, and outputs.
• Collaborate with Development, QA and Product to ensure clarity and compliance.
• Act as SME across the product lifecycle, supporting tests and answering regulatory questions.
• Monitor regulatory changes and industry trends to steer product evolution.

Skills

Regulatory reporting

Analytical thinking

Communication

Collaboration

Education

Bachelor's degree in Finance or related field

Tools

SQL

AxiomSL ControllerView

Job description

As a Junior Business Analyst reporting to the Product Management leadership, you’ll play a critical role in shaping market‑leading regulatory reporting solutions, ensuring compliance with global financial regulations, and enabling high‑quality software delivery for financial institutions.

You’ll thrive in this position if you’re diligent, analytical, and collaborative, have a strong regulatory attitude, and bring a passion for financial reporting, data, and technology to a fast‑paced environment.

Key Responsibilities

• Turn regulatory requirements into clear product features and functional specifications, in line with EBA and local regulations.
• Write and maintain Business Requirements (BRDs) and Functional Specifications (FSDs) that clearly explain data inputs, processes, logic, and expected results.
• Work closely with Development, QA, and Product teams to make sure requirements are understood, built correctly, and meet regulatory expectations.
• Act as a subject‑matter expert throughout the product lifecycle, supporting test cases, answering questions, and clarifying regulatory topics.
• Stay up to date on regulatory changes and industry trends, to support the product evolution.

Required Qualifications

• Bachelor’s degree or equivalent experience in Accounting, Finance, Economics, Mathematics, Science, or a related field.
• Proven experience as a Business Analyst within financial services or a regulatory/compliance‑focused role.
• Knowledge of EBA and local regulatory reporting (e.g., FINREP, Bank of England statistical reports, Bundesbank reports).
• Understanding of accounting principles, financial statements, and key banking products (loans, bonds, repos, derivatives, collateral).
• Excellent written and verbal communication skills with proven ability to translate complex regulatory requirements into functional documentation.

Preferred Qualifications

• Experience with AxiomSL Controller View or similar regulatory reporting platforms, with exposure to data/analytics tools (e.g., SQL or related technologies).
• Understanding of software development methodologies (Agile, Waterfall).
• Additional spoken languages (e.g., French, Spanish, German, Dutch) are an advantage.

This position will be located in London and offers the opportunity for a hybrid work environment at least 3 days a week in-office , subject to change, providing flexibility and accessibility for qualified candidates.

Benefits and Rewards

We offer a competitive, well-rounded rewards package that supports you and your family - inside and outside work.

Actual pay depends on your skills, experience, education, and location. In addition to base pay, we offer short-term incentives (bonus or commission) and long-term incentives (equity), where applicable, as well as the following benefits:

What We Offer

• Competitive base salary
• Annual bonus
• Annual equity grant
• Employee Stock Purchase Plan
• offering discounted company shares
• Pension matching
• 28 paid vacation days
• 6 additional days off per year
• Extra vacation time based on tenure
• Work from (almost) anywhere - up to 20 days/year
• Paid time off to volunteer
• Health insurance
• 24/7 mental health support for you and your family
• Global mentoring program
• Unlimited access to e-learning platforms
• Hybrid work setup- 3 days a week in office

For more information, visit Nasdaq Benefits & Rewards Career Page.

Come as You Are

Nasdaq is an equal opportunity employer. We welcome applications from candidates of all backgrounds and identities.

We are committed to fostering an inclusive workplace where diverse perspectives, experiences, and identities are valued and celebrated.

We ensure that individuals with disabilities are provided with reasonable accommodation throughout the hiring process.