CIB - F&BM - UK Regulatory Change Business Analyst - Associate
Req #: 170114855
Job Category: Accounting/Finance/Audit/Risk
JP Morgan - Finance
The position is within the UK Regulatory Reporting team within Finance. The group is a service-orientated business comprised of specialised individuals with knowledge and expertise in understanding, managing and delivering financial information to our regulators. The group is also dedicated to adding value and improving efficiency, quality and controls.
The regulatory finance department is a high profile function, providing financial information to the Prudential Regulation Authority (“PRA”), Financial Conduct Authority (“FCA”), Bank of England and the Office of National Statistics. The reporting team within Regulatory Finance is split into two areas: the Capital Reporting team and the Financial Reporting team.
There is also a specialist team, UK Regulatory Change Management Team, responsible for leading the UK Reg strategic change agenda including optimisation of operating model and capital usage; system release management and tracking; capital model application/implementation and LE strategy work for UK Reg Reporting.
The UK Regulatory Reporting function is changing rapidly through external mandatory regulatory reporting requirements; greater business engagement internally (including new products and upstream system change) and development of new reporting applications and tools.
The UK Regulatory Change Management team is responsible for leading the UK Reg strategic change agenda including optimisation of operating model and capital usage; system release management and tracking; capital model application/implementation and LE strategy work for UK Reg Reporting.
Job Title – UK Regulatory Change Business Analyst - Associate
We are looking for a candidate for the role of UK Regulatory Change Business Analyst- Associate to join the ’UK Regulatory Change Management’ team. A successful candidate will have the following responsibilities:
Documentation and delivery of comprehensive, high quality Business Requirements and Functional Specifications for UK Regulatory platform including detailed Regulatory Calculations and Reporting Requirements for review and sign off by UK Regulatory Reporting Teams
Preparing detailed test cases and expected results
Performance of User Acceptance Testing and implementation plans
Regulatory SME support to technology teams. Providing review and sign off of Functional Specifications
Timely escalation of issues and risks to the Project Manager ensuring robust risk mitigation strategies
Strong interpersonal and team working skills
A self starter, motivated and able to work with minimal supervision
Demonstrate strong analytical and problem solving skills
Flexibility to work under pressure to meet changing work requirements and strict deadlines
Ability to communicate effectively both verbally and written - at all levels
Attention to detail
Preparation of Business Requirements and Functional Specification documents for PRA/ FCA Regulatory Capital and Bank of England calculations and reporting- Essential
Good understanding of the Project Lifecycle- Essential
Good knowledge of UK Regulatory PRA/ FCA & BoE- Essential
Change experience delivering Basel / Regulatory Reporting / CRD4 / COREP – Essential
Familiar with both Banking and Trading book investment products – Preferable
Proficiency in Microsoft Office – MS Excel , MS Access, Outlook, Word and PowerPoint - Essential
Part Qualified / Qualified Accountant – Preferable
Start date: Immediately
Hiring Manager: Deena Vekaria