Regulatory Tech Business Analyst

BGC Group; Greater London; On-site; GBP 75,000 - 100,000; Full time

Job summary

A leading financial services firm is seeking a seasoned Senior Business Analyst specializing in U.S. regulatory reporting and trade surveillance. In this role, you will manage business analysis efforts for compliance initiatives, liaise between various teams, and ensure operational efficiency. The ideal candidate will possess over 7 years of experience in financial services, proficiency in regulatory frameworks, and strong communication skills. This position presents an opportunity to play a pivotal role in enhancing regulatory compliance and efficiency.

Qualifications

• 7+ years as a Business Analyst in financial services.
• Proven experience with U.S. regulatory regimes (CFTC, TRACE, CAT).
• Knowledge of trade lifecycle events across asset classes.

Responsibilities

• Act as primary liaison for regulatory reporting initiatives.
• Gather and document business requirements.
• Translate regulatory requirements into specifications.

Skills

U.S. regulatory reporting expertise

Trade surveillance experience

Data analysis (SQL, Excel)

Excellent communication skills

Problem-solving and critical thinking

Education

Bachelor's degree in Finance, Business, or related field

Tools

JIRA

Confluence

Surveillance tools (e.g., SCILA, SMARTS)

Job description

We are seeking a seasoned Senior Business Analyst with expertise in U.S. regulatory reporting and trade surveillance to lead business analysis efforts for strategic and BAU initiatives. The role requires a strong understanding of the U.S. regulatory landscape (e.g., SEC, CFTC, FINRA) and surveillance functions related to market abuse alerts and scenarios. The ideal candidate will bridge business needs and technology execution to ensure regulatory compliance and operational efficiency

The ideal candidate will manage the implementation and enhancement of internally built platforms for Regulatory Reporting to the CFTC, NFA, FINRA and SEC, as well as changes to Trade Surveillance platforms such as Scila and SMARTS

Responsibilities

Key Responsibilities

• Act as the primary liaison between Compliance, Risk, Operations, and Technology teams for U.S. regulatory reporting and surveillance initiatives.
• Gather and document business / functional requirements for regulatory reports or surveillance use cases.
• Analyse regulatory rules and interpret their application to trading, operations, and reporting workflows.
• Translate complex regulatory requirements into detailed functional specifications and user stories.
• Support the development and implementation of surveillance models and alerts using structured rules or vendor platforms (e.g., SCILA, SMARTS).
• Lead or participate in gap analyses, control assessments, and regulatory change impact assessments.
• Perform data analysis and data quality validation on large datasets across trading, position, and reference data sources.
• Assist with testing and quality assurance as needed on required reporting and surveillance deliveries
• Coordinate functional and user acceptance testing (UAT), defect triage, and production implementation activities.
• Assist in prepare documentation for regulatory submissions, internal audit, and regulatory exams.
• Monitor evolving regulatory requirements and contribute to impact assessments and roadmap planning.

Stakeholder Management

• Liaise with internal teams, such as IT, operations, risk, compliance, and legal, to align project objectives and requirements.
• Facilitate effective communication between business stakeholders, technology teams, and regulatory bodies to achieve project goals
• Communicate project status, risks, and issues to relevant stakeholders and elevate as appropriate

Qualifications Required

• 7+ years of experience as a Business Analyst in financial services, with a strong focus on U.S. regulatory reporting and/or surveillance.
• Proven experience with one or more U.S. regulatory regimes (CFTC Part 45/43, TRACE, CAT).
• Experience working with trade surveillance tools and market abuse detection logic.
• Familiarity with trade lifecycle events on one or more asset classes (equities, fixed income, derivatives).
• Strong skills in data analysis (SQL, Excel) and working knowledge of reporting tools.
• Excellent communication skills to interface with stakeholders, including Compliance, Legal, Risk, and IT.
• Strong documentation and presentation skills.

Preferred

• Knowledge of regulatory reporting platforms
• Experience with Agile project delivery, including JIRA, Confluence, or similar tools.
• Prior experience working with vendor surveillance systems or building in-house solutions.
• Regulatory domain expertise
• Strategic planning and execution
• Stakeholder engagement and communication
• Problem-solving and critical thinking
• Technical knowledge of compliance/ regulatory reporting systems