Regulatory Change Business Analyst London/Hybrid 6 months initially Day rate from £550 via Umbrella Company Our commitment is to provide equal opportunity regardless of, for example, your gender, age, ethnicity, disability, sexual orientation or beliefs. We also engage with employers to develop programmes and pathways that embrace diverse talent and promote more inclusive employment worldwide through partnerships and other initiatives. We recognise and celebrate the value of difference and how it makes us faster, smarter and more innovative than our competition. 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 an initial 6 month contract. 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 manage the implementation of changes in the regulatory reporting area, with particular emphasis on the new Third Country Branch (TCB) regulations and the necessary reporting requirements of our EU branches. The role includes managing the project tasks and work streams assigned to the individual (coordination of stakeholders, report to management, manage risks and issues and timetable), ensure that all project deliverables have the appropriate governance, transparency and oversight and that the rationale, progress and decision making is robustly documented and evidenced to withstand regulatory scrutiny. The role will also cover taking the direct responsibility of certain workstreams, document business requirements for IT teams and be involved in the testing of these developments. Changes can be related to regulatory changes, strategic business decisions or process improvements (driven by external or internal requirements). Accountabilities & Responsibilities Lead the analysis and implementation of the TCB workstream, to ensure our systems are prepared to produce and generate the correcting reporting requirements. Understanding the scope of the regulatory reporting disclosures that will apply to our EMEA branches Coordinate with key stakeholders to agree future state IT infrastructure Develop business requirements to deliver the new reporting requirements Lead the testing and deployment of changes into Production and BAU Op model Knowledge, Skills, Experience & Qualifications Working knowledge of reporting query software, spreadsheets and data mining A good understanding of Regulatory reporting requirements in EMEA, with particular emphasis on CRR 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 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 haven't 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.