Regulatory Reporting Analyst, 4+ years experience09 Feb 2021

  • Client: IT Service Center
  • Office Location: Western Area, Bucharest
  • Contract Duration: At least 12 months
  • Project No: 031090221 

 

Job Description

 

General

We are looking for Regulatory Reporting Analysts to be part of our client IT Department and to perform business analysis, financial analysis and implementation of regulatory reporting packages/changes and subsequent updates of processes within Regulatory Reporting area. 

Responsibilities/Activities

  • Understanding of business requirements in financial area and specific regulatory reporting field
  • Perform the business analysis phase for regulatory reporting updates or new reports
  • Build test cases and test scenarios based on the analysis performed
  • Perform financial analysis on different reports: assets, liabilities, including liquidity reports
  • Analyse different data sets to identify potential mismatches or to propose new controls for granular data reconciliation
  • Understanding of IT architectures and complex IT systems interactions and interdependencies
  • Build IT specifications documentations in accordance with the financial analysis, in order to enhance existing tools and/or create new IT tools to support the delivery of regulatory reports
  • Clarify and validate business requirements and interact with the development teams for a proper implementation
  • Design AS IS and TO BE processes – based on the proposed solutions
  • Regulatory reporting follow-up actions in order to support regulatory reporting production
  • Responsible of the project stabilization phase outcome – support of production of reports on a solo or on a consolidated basis for our client
  • Accounting Consistency Credit Risk – support analyst
  • Data Quality improvement recommendations - part of the production assistance task is to assess, log data mismatches in order to further improve Group Credit Risk Data Quality
  • Perform production assistance tasks and operational controls allocated as part of project stabilization phase/lead support
  • Declare any operational risk events occurring and anticipate risks on production as part of stabilization phase/project support activities
  • Provide clear and concise status reports on the allocated activities for operational and management teams
  • Propose action plans to improve performance, remediate issues and participate to implementation of process simplification-continuous improvement

Requirements

Technical

  • At least 4 years of experience in banking field - implementation of regulatory reporting projects: reporting Basel 3, IFRS, Controlling, Reporting on loans, Administration of loans and guaranties, Credit Risk, FINREP, COREP, AnaCredit
  • Qualifying experiences in accounting or financial audit with a focus on regulatory reporting and analytic, preferably in financial services/banking or in consultancy
  • Experience in performing business analysis and financial analysis in regulatory reporting area
  • Previous experience in IT field, understanding of IT architectures and interdependencies
  • Experience in projects implementation within the Banking industry
  • Advanced knowledge of Excel
  • Keen interest in regulatory reporting

Education

  • University degree in Computer Science or other related fields preferred

Others

  • Good level of English (written and verbal)
  • Excellent communication skills
  • Critical thinking and rigor and precision
  • Strong proven analytical skills
  • Cooperation and team spirit
  • Capacity to lead or participate to projects and to assimilate industry best practices
  • Ability to deliver the outcome within specific deadlines

Nice to have requirements

  • BABok and ITIL certification
  • Academic background and Master in Banking and Finance
  • Knowledge of French

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