Regulatory Change Business Analyst
London/Hybrid
Contract to 31/03/2026
Day rate £600 via Umbrella Company
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My client is one of the largest financial institutions headquartered in Japan, with an established presence across all consumer and corporate banking businesses. Through its subsidiaries and affiliates, they offer a diverse range of financial services, including commercial banking, leasing, securities, credit card, consumer finance and other services.
They are looking for a Regulatory Change Business Analyst to join the Finance Change team on a contract to 31/03/2026. You will be working Monday to Friday, standard office hours with the occasional out of hours requirement in line with business needs.
Purpose of Job
The purpose of the job is to deliver the implementation of changes for the new B3.1 regulations impacting the CRR reporting to the PRA. The successful BA will help deliver across all aspects of the B3.1 rules (Credit Risk, CCR, Ops Risk and Reporting), however there is a particular emphasis on the new FRTB rules and the Market Risk regulations.
The role involves taking direct responsibility of project workstreams, document business requirements for IT teams and be involved in the testing of these developments
This will include project tasks, such as coordination of stakeholders; report to management; manage risks; issues and timetable, as well as ensuring that all project deliverables have the appropriate governance, transparency and oversight.
Accountabilities & Responsibilities
* Lead project and / or workstreams to implement Regulatory changes that impact EMEA reporting (London, Frankfurt, Milan, Paris, Brussels, Madrid, and Amsterdam). This role’s primary focus is the new B3.1 / CRR3 regulations impacting Capital reporting in EMEA, and will be responsible for driving system and business changes that comply with the regulations and managing the correction of defects that may arise.
* Drive process improvements, mainly by automating the production of returns and removing manual adjustments.
Knowledge, Skills, Experience & Qualifications
* Working knowledge of reporting query software, spreadsheets and data mining.
* A good understanding of Regulatory Capital regulations in EMEA, with particular knowledge of the Market Risk regulations (FRTB)
* Product Knowledge gained through working in the banking sector
* Experience in producing business requirements in liaison with Regulatory reporting teams.
* Ability to be able to interrogate and analyse data on Oracle based platform and / or MsAccess (SQL)
* Provide Knowledge and Documentation support for all aspects of the development life cycle (requirements, gap analysis, test plans, testing, issue and risk logs, user procedures and ongoing continual process improvements).
* Needs to be as functionally knowledgeable as the software supplier business experts to be able to engage in discussions and provide meaningful analysis to them, including bug fixing / testing.
* Manage testing phases with users in all countries, including software training, user set-up and bespoke development software training.
* Preparation and analysis of regulatory reporting.
* Experience in providing regulatory analysis to Front and middle office.
* Good knowledge of Finance Systems, General accounting and business knowledge.
* Oracle SQL, MS Office Suite
* Very IT literate (very good level of Excel skills and ability to use SQL)
* IT background with broad knowledge of technical aspects of system
* Ability to manage all functional issues as they inter-relate between forms and countries
* Self-motivated.
* A proactive individual who is willing and able to become a key player in a vital area of the bank’s development and recognise opportunities to ensure that the links between regulatory imperatives and business strategy are reconciled in an efficient manner.
* Able to work in a flexible and responsive manner according to the needs of the company.
* Ability to multi task and to make progress on several items at the same time
* Positive attitude to the team and customers
* Ability to handle pressure of extensive urgent project with tight deadlines
Candidates must show evidence of the above in their CV to be considered.
Please be advised if you havent heard from us within 48 hours then unfortunately your application has not been successful on this occasion, we may however keep your details on file for any suitable future vacancies and contact you.