Regulatory Reporting -Business Analyst

Acies; Mumbai; On-site; INR 1,200,000 - 2,200,000; Full time

Benefits offered by this job

Medical insurance

Performance incentives

Global mobility

Job summary

Acies seeks an experienced Business Analyst – Regulatory Reporting to support regulatory reporting analysis and delivery across Acies implementations for banks, NBFCs, and insurers in India and the Middle East.

Role requires 3–8 years of relevant BFSI regulatory reporting experience, proficiency in SQL and advanced Excel, and familiarity with platforms like AxiomSL or OneSumX. English fluency is essential; Arabic is a plus.

Qualifications

• Regulatory reporting knowledge across BFSI domains.
• Experience translating circulars/guidelines into functional and data requirements.
• Hands-on with BRD, FSD, data mapping, and UAT.

Responsibilities

• Interpret regulatory guidelines and prepare compliance reports.
• Document business and functional requirements via BRD/FSD and data maps.
• Perform gap analysis between regulations and client processes.
• Define data sourcing, transformation, and validation rules for reports.
• Configure and validate reporting on RegTech platforms or Acies systems.
• Support UAT, defect triage, reconciliation, and audit trails.
• Collaborate with compliance, risk, finance, and IT teams for timely submissions.
• Drive reporting automation and template improvements.

Skills

Regulatory reporting

BRD & FSD

Data mapping

UAT

Reporting validation

SQL

Excel

Analytical thinking

Education

Chartered Accountant / MBA / Masters in Finance or Business

Tools

JIRA

Confluence

Tableau

Power BI

AxiomSL

OneSumX

Vermeg

SAS

OFSAA

Job description

Acies Technology Implementation Practice is seeking an experienced Business Analyst – Regulatory Reporting to support regulatory reporting analysis and solution delivery across Acies product implementations for banks, NBFCs, financial institutions, and insurance companies in India and the Middle East.

Highlight of the engagement opportunity

• Nature of role: Full time
• Number of years of experience expected: 3–8 years of relevant experience, including at least 2–3 years in regulatory reporting, RegTech, or BFSI reporting implementation. Candidates without direct regulatory reporting implementation experience will not be shortlisted.
• Areas of past experience preferred / mandatory:
• Business analysis for regulatory reporting implementations in Banking, NBFC, Financial Institutions, or Insurance.
• Strong hands-on experience with BRD, FSD, user stories, data mapping, gap analysis, traceability matrix, UAT, and reporting validation.
• Regulatory interpretation and translation of circulars/guidelines into functional and data requirements.
• Exposure to one or more of the following:
• India: RBI returns, NBFC regulatory returns, IRDAI reporting, Basel III/IV, IFRS 9, LCR, NSFR, ALM, capital adequacy, NPA/asset classification.
• Middle East: CBUAE, SAMA, CBB, QCB, CBO, CMA Kuwait, and other regional regulatory reporting frameworks.
• Experience with regulatory reporting platforms or automation tools such as AxiomSL, Wolters Kluwer OneSumX, Vermeg, SAS, Oracle OFSAA, Moody’s, or similar RegTech solutions.
• Strong data analysis skills using SQL and advanced Excel.
• Educational qualification required: Chartered Accountant / MBA / Master’s degree in Finance, Business, or related field.
• Additional certifications preferred: FRM, PRM, CFA, Basel/IFRS certification, SQL/data analytics certification.
• Preferred geography of previous work experience: India and/or Middle East (UAE, Saudi Arabia, Qatar, Bahrain, Oman, Kuwait).
• Language requirements: Ability to write and speak fluently in English. Arabic is an added advantage for Middle East projects.
• Technology proficiency preferred:
• Advanced MS Excel, MS Word, PowerPoint, Visio.
• SQL for data extraction, validation, and reconciliation.
• JIRA / Confluence or similar requirement and defect management tools.
• Regulatory reporting platforms: AxiomSL, OneSumX, Vermeg, SAS, OFSAA, Moody’s, or equivalent.
• Power BI / Tableau is a plus.

Key responsibility areas:

• Interpreting regulatory guidelines and circulars from regulators such as RBI, IRDAI, CBUAE, SAMA, CBB, QCB, CBO, CMA Kuwait, and others.
• Gathering and documenting business and functional requirements through BRD, FSD, user stories, process flows, and data mapping documents.
• Performing gap analysis between regulatory requirements, client processes, and existing systems.
• Defining data sourcing, transformation, validation rules, lineage, aggregation, and controls required for regulatory reports.
• Helping configure, test, and validate reporting outputs on Acies or third-party regulatory reporting platforms.
• Supporting UAT, defect triage, reconciliation, audit trails, and final sign-off.
• Working closely with client compliance, risk, finance, data, and IT teams to ensure accurate and timely regulatory submissions.
• Contributing to continuous improvement of reporting templates, automation, and delivery accelerators.
• Managing time-bound regulatory deadlines with high attention to detail and quality.
• Communicate project updates to stakeholders and prepare regular status reports highlighting progress, challenges, and key milestones.
• Drive day‑to‑day execution of assigned client projects.
• Develop a strong understanding of the client’s business, strategic priorities, industry dynamics, and market conditions, and recommend/implement improvements that deliver ongoing value.

Other important information:

• Work permit requirements: Either Indian Citizen or having valid work permit to work in India
• Period of engagement: Full-time position
• Compensation: Compensation varies depending on the skill, fitment and role played by the person. Compensation discussions will take place post the selection process.
• Performance incentives: Typically, all roles at Acies have a performance incentive. Specific aspects will be discussed during the compensation discussion
• Leave: 19 working days a year. Additional leaves for national holidays, sick leaves, maternity and paternity, bereavement and studies vary based on the city and country of engagement.
• Other benefits: Other employment benefits including medical insurance will be informed during the compensation discussion.
• Career growth for full-time roles: Acies believes in a transparent and data-based performance evaluation system. You are encouraged to clarify any questions you have with respect to career growth with Acies personnel you interact with during the selection process.
• Career opportunities for part-time roles: Conversion of part-time roles to full-time roles depends on both performance of the individual and business needs. You are encouraged to ask about the prospects as you interact with Acies personnel during the selection process.
• Global mobility: Acies encourages mobility across our offices. Such mobility is, however, subject to business needs and regulations governing immigration and employment in various countries.

Selection process:

We seek to be transparent during the selection process. While the actual process may vary from the process indicated below, the key steps involved are as follows:

• Domain / regulatory reporting interview: Assessment of regulatory reporting knowledge, BRD/FSD, data mapping, gap analysis, and UAT experience.
• Technical / data case study: SQL, data validation, reconciliation, and reporting logic exercise.
• Client / partner fit interview: Problem-solving, communication, ownership, and ability to work with compliance, risk, finance, and IT stakeholders.
• Final discussion on career and compensation: Post final selection, a separate discussion will be set up to discuss compensation and career growth.
• The number of interview rounds may increase depending on the criticality and seniority of the role involved.

For any additional queries you may have, you can send a LinkedIn InMail to us, connect with us at https://www.acies.consulting/contact-us.php or e-mail us at [e-mail].

How to reach us:

Should you wish to apply for this job, please reach out to us directly through LinkedIn or apply on our website career page - https://www.acies.consulting/careers-apply.html