What are the responsibilities and job description for the Business Systems Analyst with Risk & Regulatory Reporting position at Teamware Solutions?
Job Details
| Experience as a Business Systems Analyst in Risk & Regulatory Reporting will complete data analysis and business acumen to ensure a company is accurately and timely reporting financial information to regulatory bodies, while also identifying and mitigating potential risks associated with compliance and reporting processes; they bridge the gap between business needs and technical requirements to optimize regulatory reporting systems and procedures.? Key responsibilities of a business analyst in risk and regulatory reporting:o Gathering and analyzing data: Collecting data from various sources within the organization, including trading systems, risk management platforms, and accounting systems, to generate accurate regulatory reports.o Regulatory compliance: Staying updated on evolving regulatory requirements and ensuring the companys reporting practices adhere to relevant regulations like Basel III, Dodd-Frank, and local regulations.o Requirement gathering: Identifying and documenting business requirements for regulatory reporting systems, including data quality standards, reporting formats, and deadlines.o Process improvement: Analyzing existing reporting processes to identify inefficiencies and propose improvements, such as automating manual tasks or streamlining data flows.o Risk assessment: Evaluating potential risks associated with regulatory reporting, including data accuracy, timeliness, and compliance issues.o Stakeholder management: Collaborating with different teams within the organization, including finance, risk management, compliance, IT, and business lines, to ensure smooth reporting processes.o Report generation and validation: Producing regulatory reports, performing data quality checks, and reconciling discrepancies to ensure accuracy and completeness.o System implementation: Working with IT teams to implement new reporting systems or upgrades to existing systems, including testing and user acceptance.? Skills required for this role:o Financial knowledge: A strong understanding of financial products, accounting principles, and risk metrics.o Regulatory expertise: Deep knowledge of relevant regulatory reporting requirements and frameworks.o Data analysis skills: Proficiency in data manipulation, statistical analysis, and data visualization tools.o Business analysis skills: Ability to gather requirements, document processes, and translate business needs into technical specifications.o Project management skills: Experience in managing complex projects from initiation to implementation.o Communication skills: Excellent written and verbal communication to effectively interact with stakeholders at all levels. | |
| Desirable Skills: | Good proven record as a Business Systems Analyst - Risk & Regulatory Reporting |
|---|
Employers have access to artificial intelligence language tools (“AI”) that help generate and enhance job descriptions and AI may have been used to create this description. The position description has been reviewed for accuracy and Dice believes it to correctly reflect the job opportunity.
