Wholesale Business Analyst

Wholesasle Business Analyst
Rate: £600.00 PAYE / £770.59 Umbrella
Location: London [Hybrid]
Duration – 3 months
Role Summary:
Our client are currently searching for a Business Analyst for the Regulatory Reporting Enhancement programme which is outlining remediation required across the scope of the Group’s regulatory reporting. The jobholder will be expected to exercise independent initiative and judgement in proactively overcoming obstacles to success, dealing with uncertainty and changing circumstances, such as interdependencies, opportunities or risks. He/she will be expected to adopt an agile and flexible approach to work and an outstanding level of professionalism and conduct.
Key Responsible
• Provide guidance and opine on regulatory policy.
• Preparation of consultation responses and, where relevant, submissions to regulators.
• Preparation of policy interpretations and opinions.
• Preparation of regulatory submissions to the regulator.
• Global and regional Market Risk Functions, Traded Risk Senior management team, GRA Regional Heads and regional Policy leads.
• Finance – Group Regulatory Policy and Regulatory Reporting teams.
• Regulatory bodies – in particular the Prudential Regulatory Authority supervisory and modelling teams.
• Work together with business experts from the Traded Risk teams and stakeholders to develop appropriate regulatory opinions and policy solutions.
• Provide leadership to regions on providing regulatory guidance and policy opinions, including clear communication of the latest external regulatory developments to stakeholders from Front Office, MSS, etc.
• The role holder will be expected to work with regional policy leads and Group Traded Risk teams to develop and communicate solutions to address rule changes or answers to specific policy questions and/or regulatory requirements.
• Develop consistent policy standards across regional sites.
• Provide questions and feedback to global Traded Risk teams relating to policy, standards and documentation.
• Ensure consistent and accurate regulatory submissions.
• Policy within Traded Risk is fast-developing owing to significant global regulatory change from Basel 2, 2.5, 3, CRR/CRD4, CRR2/CRDV and CRR3. The jobholder needs to be able to work in an environment of regulatory ambiguity with autonomy whilst being able to provide judgment and clear direction.
• The jobholder will need to work closely with Markets Security Services to communicate regulatory developments and assist with ensuring that regulatory requirements are met.
Knowledge and Experience:
Knowledge
• Change management
• Expert knowledge of Wholesale Banking business and Wholesale Credit Risk
• A thorough understanding of the purpose, values, culture and fundamentals of Global Transformation
• Very strong knowledge of the external environment – regulatory, political, competitors etc.
• Business re-engineering knowledge
• Advanced Business analysis, requirements gathering and design techniques
• Advanced Change management and implementation management techniques and approaches
Global Risk Analytics
• A thorough understanding of the Model development lifecycle
• An awareness of modelling tools, techniques and systems
• Risk system architecture across Risk sub-functions – where relevant
• Data management approaches and technology
• Understanding of the regulatory framework globally
Experience
• Experience of delivering regulatory and/or capital models (PD/LGD/EAD)
• Understanding of Wholesale Credit Risk
• Broad understanding and knowledge of Risk Analytics processes, culture and objectives
• Proven track record as an outstanding analyst or consultant
• Overall financial services industry knowledge with specific functional expertise
• Extensive experience of using multiple analysis techniques in a change environment, with a mix of business, operations and technology focused projects
• Experience of business case development and a sound understanding of how design enablers underpin business benefits
• Strong experience of delivering change into different audiences and managing implementation in banking environments
• Excellent communication, inter-personal and negotiating skills
• Excellent decision making and problem solving ability
• Advanced judgmental skills to identify and resolve problems
• Experience of managing large teams and resources located remotely
• Ability to motivate and lead people, employing appropriate management styles
• Proven ability to work across regions whilst maintaining a global perspective
• Proven ability to work with senior stakeholders and business sponsors
Qualifications and Accreditations
• Certified Business Analysis Professional (CBAP) – Optional
• BCS/ISEB Business Analysis Diploma - Optional
• Lean Six Sigma Black Belt - Optional
• Degree in Business Information Systems or a related field – Optional
• Degree in business administration / management / economics, engineering and science – Optional