Regulatory Reporting Business Analyst

Luxoft; London; On-site; GBP 50,000 - 90,000; Full time

Job summary

An established industry player is seeking an experienced Regulatory Reporting SME to join their Operations Technology team. This role focuses on analyzing regulatory reporting issues, documenting requirements, and collaborating with stakeholders to ensure compliance with reporting obligations. You will implement best practices, define testing strategies, and assist with UAT processes. If you have a strong background in regulatory reporting and compliance, particularly in financial services, this is an exciting opportunity to make a significant impact in a dynamic environment.

Qualifications

• 5+ years in regulatory change or compliance roles with strong regulatory reporting knowledge.
• Experience in delivering regulatory-driven projects under fixed deadlines.

Responsibilities

• Analyze regulatory reporting issues and document requirements for developers.
• Ensure compliance with governance and control frameworks for reporting changes.
• Assist in UAT testing and validate changes from a regulatory perspective.

Skills

Regulatory Reporting Regulations

Financial Services Experience

Compliance Role Experience

Project Delivery

Microsoft Office Skills

Murex Functional Knowledge

Job description

Project Description

An opportunity for an experienced Regulatory Reporting SME to join the Regulatory Change function within our client's Operations Technology team. The main focus of the role is to perform the business analysis of the issues being raised to the team, determining and documenting the requirements for the team's developers. The role will also work with key stakeholders to help determine the priorities of the development required and ensure that all changes do not negatively impact the 'completeness' and 'accuracy' of the client's trade & transaction reporting. This includes checking and validating changes from a regulatory perspective and assisting with the UAT testing process and signoff. The candidate would need strong regulatory reporting 'hands-on' knowledge across a number of regulatory reporting regimes with experience of 'best practice' in governance and controls in a regulatory reporting environment.

Responsibilities

1. To be the Regulatory Reporting Small Change Team's Regulatory Reporting SME, providing analysis and determining requirements to resolve the issues raised to the team. This would include:
1. Ensure all changes that could impact regulatory reporting obligations follow the defined governance & control framework.
2. Work closely with Change, Operations, Compliance, and other areas within Technology to ensure all Regulatory reporting deliverables are implemented accurately across all regimes and at the appropriate priority.
3. Implement 'best practices' in terms of validating current regulatory reporting requirements and ensure future reporting requirements and changes adhere to these 'best practices'.
4. Define and template appropriate test strategies & test cases required to detect issues with changes developed by the team.
5. Assist with the UAT process and testing of changes that have been developed by the team.
6. Understand the current regulatory reporting governance, controls, and architecture in place [Front to Back].
7. Build and roll out appropriate MI to provide impactful and concise information as to the status of regulatory change.

Skills

Must Have:

• Financial services or consultancy experience, preferably within a top tier firm.
• Detailed knowledge and working experience of Regulatory Reporting Regulations (EMIR Refit, HKMA, MIFID etc.).
• 5+ years working within a regulatory change or compliance role either as a Compliance Practitioner or Functional Analyst.
• Proven track record of delivering regulatory-driven projects with fixed deadlines, either implementation or remediation.
• Regulatory reporting and compliance experience within OTC derivatives is also preferable.
• Microsoft Office skills.

Nice to Have:

• Functional knowledge of Murex & MA.