Business Analyst Regulatory

Job Description

Our investment banking client has been present in the UK for more than 150 years, theyre a long-term partner to British business. Today, the Group is formed of 10 divisions and employs 9,300 staff based in 21 core locations right across the country. Theirrole is simply stated: help clients achieve their goals by combining local know-how and global reach. In so doing, they seek to make a positive, sustainable contribution to both the UK economy and society. On behalf of this organisation, AMS are looking for a Business Analyst (Regulatory) for a 6 months contract based in London (hybrid - 2/3 days in the office).Purpose of the Role:Part of Records and Regulatory Reporting Office (3RO), organize transaction regulatory reporting for GM and address its inherent risks as part of its first line of defense role.The team is at crossroads between regulations and trade processing, and work ondaily basis with business, IT, Ops and Compliance all at the same time. Transaction regulatory reporting scope includes trade transparency, trade repository, money markets reports and transaction reporting for GM (including DEC).Due to a recent IG audit, we are launching a programme of work aiming to structure CMI (Regulatory Reporting team) responses to regulatory events and requests based on IG recommendations. This programme has 2 objectives : (1) the closure of the IG recommendationsby setting-up an organised response framework to regulators (new Target Operating Model), (2) Support the CMI team in the management of a backlog of regulator request end-to-end.Responsibilities of the role:As a Business Analyst (Regulatory) you will be responsible for:

• Support the CMI team in the management of the backlog request.
• Interpret and transcribe regulations into Business Requirements Definitions (BRD) tailored to business workflows and data models including their respective descriptions.
• Continuous improvements by categorising and documenting the diverse reporting schemes, improve their data quality, allowing audit trail, rapid interpretations, and better frame of work.
• Manage regulators requests end-to-end. This includes:

• Perform the analysis of the requests.
• Liaise with business IT and/or Ops experts.
• Craft detailed and quantified responses to the regulators with oversight from Compliance.
• Organise an action plan when required and coordinate it through delivery. The action plan can contain the follow-up of enhancement in the IT Regulatory reporting layer or through the broader IT Architecture, may be related to Operational processes and controlsand may contain re submission events.

What we require from the candidate:

• Experience in regulatory LOD1 with sound knowledge of Dodd-Franck, EMIR, SFTR, MIFID regulations.
• Act as an expert in Regulatory Reporting and provide guidance and help whenever requested to all GM partners (New business developments, prod incidents, GM projects, TAC/NAC etc….).
• Excellent stakeholder management skills.
• Experience in setup an organised response framework to Regulators.

Next stepsIf you are interested in applying for this position and meet the criteria outlined above, please click the link to apply and we will contact you with an update in due course. This client will only accept workers operating via an Umbrella or PAYE engagement model.AMS, a Recruitment Process Outsourcing Company, may in the delivery of some of its services be deemed to operate as an Employment Agency or an Employment Business.