Power & Gas Regulatory Reporting Business Analyst

ZipRecruiter; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

An innovative commodities firm in London is seeking a dynamic Power & Gas Regulatory Reporting Business Analyst. This role involves ensuring compliance with complex regulations while managing project lifecycles and collaborating with cross-functional teams. You will analyze data, document requirements, and support software changes to meet regulatory needs. Ideal candidates will thrive in a fast-paced environment, possess strong analytical skills, and have a solid understanding of the energy trading landscape. Join a team dedicated to transforming the regulatory reporting landscape in a collaborative and supportive atmosphere.

Qualifications

• Deep understanding of REMIT and EMIR regulations.
• Experience in regulatory change projects in commodities or financial services.

Responsibilities

• Ensure full regulatory compliance through business analysis.
• Gather and document business requirements collaborating with stakeholders.

Skills

Regulatory Reporting

SQL

Data Analysis

Business Analysis

Communication Skills

Project Management

Excel

Collaboration

Education

Bachelor's Degree in Finance or Business

Relevant Certifications

Tools

MS Excel

MS Visio

PowerPoint

Job description

Job Description

Our client, an interesting London-based Commodities firm, is seeking to hire a Power & Gas Regulatory Reporting Business Analyst. The business is undergoing a transformational change and requires an adaptable individual willing to take initiative, as it is a very busy environment.

The role can be aligned either as a contract or permanent position!

Role Scope:

• Perform business analysis for Regulatory Reporting, focusing on software solutions and their implementation or change.
• Experience with regulatory reporting for commodities trading, including Physical Power and Gas.
• Manage project lifecycle activities: business requirements analysis, functional specifications, testing, and UAT support.
• Conduct data analysis to support business needs, such as lineage mapping from database schemas to reporting outputs.
• Handle transaction reporting regulations like REMIT, MiFID2, & EMIR.
• Familiarize with existing applications and processes, aligning with project requirements.
• Assist the Regulatory Reporting Manager with project documentation and expertise.

Responsibilities:

• Ensure full regulatory compliance through business analysis of REMIT reporting requirements.
• Gather, document, and explain business requirements, collaborating with stakeholders and project team members.
• Create functional specification artifacts for change management, suitable for users and IT development.
• Perform root-cause analysis to address issues and implement systematic and functional solutions.
• Test software changes to ensure they meet regulatory reporting needs.
• Document source-to-output data mappings for regulatory submissions.
• Lead workshops to resolve issues, analyze, and propose solutions with project teams and stakeholders.
• Develop User Acceptance Testing strategies and scripts, obtaining stakeholder approval.
• Support UAT phases across different project stages and implementations.

Accountabilities:

• Deep knowledge of REMIT, EMIR, Dodd-Frank, MiFID II, and related energy trading regulations.
• Review regulatory texts, guidance, and industry best practices.
• Produce Business Requirements Documents (BRDs) & Functional Specification Documents (FSDs) and secure sign-offs.
• Perform data lineage analysis, tracing trade data from source systems to final reports.
• Identify and remediate trade reporting issues related to data quality and completeness.
• Collaborate with compliance teams to interpret and implement evolving regulatory requirements.
• Understand trade lifecycle processes, including trade capture, clearing, and settlement.
• Engage with IT and reference data teams to clarify requirements.
• Document UAT approaches and obtain sign-off.
• Conduct functional testing and UAT, ensuring sign-offs are achieved.
• Deliver SLDC artifacts systematically for relevant audiences.
• Own documentation and specifications, escalating issues as needed in a structured manner.
• Work collaboratively, seeking solutions that meet regulatory standards with pragmatic software delivery.

Skills & Experience:

Essential

• Understanding of transaction reporting requirements across UK and EU jurisdictions, especially REMIT.
• Experience as a Business Analyst within regulatory change projects in commodities or financial services.
• Strong exposure to the front-to-back trade lifecycle, knowledge of traded derivatives for ETD and OTC.
• Ability to elicit and document Business Requirements and Functional Specifications, working closely with IT and business stakeholders.
• Experience collaborating with IT development teams.
• Proficiency in SQL for data interaction and understanding complex data sets.
• Advanced MS Excel skills for data analysis and prototyping.
• Ability to thrive in a fast-paced, changing environment with a positive attitude.
• Excellent verbal and written communication skills and strong collaboration ethos.
• Comfort working with IT development teams and engaging in daily interactions.

Desirable

• Experience in energy or metals trading environments, especially related to regulatory reporting.
• Familiarity with commodities trading risk management systems like Openlink Endur.
• Experience with third-party regulatory reporting systems or trade repositories.
• Proficiency in MS Visio and PowerPoint.
• Experience in regulatory remediation projects.