Compliance BA (SEPA)
Project description
The BA will provide subject matter expertise and knowledge on Compliance processes and systems and work across complex projects for Compliance stakeholders.
Responsibilities
- Business analysts are typically involved in all phases of the project life cycle, working closely with both the business users and the technology staff facilitating a clear understanding of the solution being delivered. This includes:
- Performing requirements gathering and compiling formal Business Requirements & Functional Specification documents. Seeking and gaining approvals for any such documentation
- Covering all aspects of Business Analyst engagement throughout the Project Development Lifecycle including but not limited to:
- Formulating and presenting proposed solutions to the business users
- Formulating testing approaches and compiling test plans and test cases
- Performing system integration testing and supporting business users with user acceptance testing
- Compiling and presenting test results
- Completing project/workstream status reports
- Ensuring project documents are complete, current, and appropriately stored
- Escalating issues/risks to project/line management
- Providing subject matter expertise to support TEC initiatives, as required e.g. presenting solutions to other parts of the organisation
- Promote a dynamic, delivery driven culture that works alongside business units to provide responsive resolutions and value driven solutions.
- Comply with relevant security and compliance procedures
- Build relationships across the bank, establishing a strong peer network and helping to strengthen collaboration
SKILLS
Must have
- Business analysis experience working for a top tier bank or consultancy
- An understanding of the project life cycle and experience of compiling proposal, scope, requirements, and testing documents
- Experience in either Compliance (data quality, data governance, regulatory reporting / monitoring and trade / comms surveillance) or Financial Crime (AML, KYC and Sanctions screening) is a must to ensure quick understanding of content and anticipating risks or issues
- Payments Processing experience
- Experience of relevant Payments Regulations e.g. PSR, SEPA, PSD2, cross-border transactions.
- Payments message experience
- A good understanding of the sanctions lists and transaction filtering systems.
- Exposure to different project delivery lifecycles, Waterfall and Agile.
- Reconciliation controls and matching processes
- Product knowledge incorporating some of the following: Bonds, Derivatives, Securities Financing, FX and Loans and Deposits
- A good understanding of the scope and purpose of the core banking functions
- Knowledge of SQL (able to query and examine data, rather than build solutions)
- Ability and experience of working under pressure
- Ability to liaise with business and IT stakeholders at all levels of the organization
- Excellent communication skills - both written and oral
Nice to have
• Excellent communication skills • Results & delivery driven, with a strong sense of accountability • A pro-active, motivated approach. The ability to operate with urgency and prioritise work accordingly • Strong decision-making skills, the ability to demonstrate sound judgement • A structured and logical approach to work • Strong problem-solving skills • Excellent interpersonal skills • The ability to manage large workloads and tight deadlines • Excellent attention to detail and accuracy • A calm approach, with the ability to perform well in a pressurised environment • Strong numerical skills. Excellent Microsoft Office skills (Powerpoint, Visio, Excel & Word)
