Transaction Reporting Business Analyst-London

First Derivative, an EPAM Company, is driven by people, data, and technology, unlocking the value of insight, hindsight, and foresight to drive organizations forward. Counting many of the world's leading investment banks as clients, we help our clients navigate the data-driven, digital revolution that is transforming the financial services sector. Our global teams span across 15 offices serving clients across EMEA, North America and APAC.

As an EPAM Systems, Inc. (NYSE: EPAM) company, a leading global provider of digital platform engineering and development services, we deliver advanced financial services solutions by empowering operational insights, driving innovation, and enabling more effective risk management in an increasingly data-centric world. EPAM Systems, Inc. (NYSE: EPAM) is recognised as a leader in software product development by independent research agencies. Headquartered in the United States, EPAM employs IT professionals and serves clients worldwide utilizing its award-winning Central and Eastern European global delivery platform and its locations in 19 countries across 4 continents. In 2013, EPAM was ranked by Forbes as #6 among America's 25 Fastest-Growing Tech Companies and #2 on the list of America's Best Small Companies: 20 Fast-Growing Tech Stars.

Together with EPAM, we combine deep industry expertise with cutting-edge technology to help clients stay ahead in a rapidly evolving financial landscape, offering comprehensive solutions that drive business transformation and sustainable growth.

Our Regulatory Solutions practice is growing, and we are looking for enthusiastic and proactive Business Analysts based in London who would like to build an exceptional experience for themselves. This is a great opportunity to work within a dynamic team on business-critical engagements at top-tier investment banks, central counterparties and capital market entities, assisting them improve their compliance across multiple global jurisdictions; ensuring completeness, accuracy and timeliness for their transaction reports in an ever-changing regulatory environment. The role will require working with various stakeholders globally, split across various ranks, divisions and asset classes.

Key Responsibilities

As a Business Analyst, within the Regulatory Solutions practice, you will be responsible for:

• Requirement gathering, analysing and synthesising information through interaction with stakeholders
• Analysing complex reporting data specifications to understand how each field is populated, transformed and validated i.e RTS, ITS, Best Practices and Q&A’s
• Supporting user acceptance testing (UAT) by writing test cases / user stories and liaising with testing teams, developers, product owners and other business analysts.
• Assisting in the production of insightful and meaningful MI analysing trends and status of remediation efforts
• Performing post go-live checks ensuring changes released into production remediate and resolve reporting issues
• Taking regulatory and business requirements and translating these into functional requirements
• Assisting in the investigation and resolution of inaccurate and incomplete transaction reports and help in the escalation to management where appropriate

Candidate Criteria

• Self-starter who is proactive, and results driven
• Able to demonstrate strong problem-solving skills
• Strong written and verbal presentation skills, with the ability to effectively communicate and engage across levels of seniority
• Able to build an understanding of complex system architectures
• Experience in analysing and presenting data with a technical proficiency
• In-dept understanding of the trade lifecycle and transaction reporting processes
• Understanding of financial instruments and derivative product lifecycles
• Knowledgeable in SQL, XML, UNIX (desirable but not essential)
• Understanding of global transaction reporting regulations (such as MIFID, EMIR, SFTR) and industry best practices (such as ISDA guidance)
• Change management experience
• Understanding of Capital Markets core divisions (e.g., Front, Middle and Back Office) and their operations

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