01Overview
Project description
Our client is a leading commodity trading and logistics company.
They are committed to building and maintaining world-class IT applications and infrastructure.
The Trading IT group directly supports the trading business, and this business has started a far-reaching programme to enhance and improve its trading applications using an innovative architecture to support business growth across the full range of business lines and geographies, and to enable the sharing of systems across different businesses.
Client trades heavily in FX and commodity derivatives. They need to report OTC derivative transaction on daily basis to different reporting jurisdictions. Business Analyst will be responsible for analysing requirement for regulatory changes, transformation initiatives and to support BAU.
Responsibilities
Produce Business Requirements relating to the Reporting of any trades and transactions across major Global Regulators (e.g. SFTR, CFTC, EMIR, HKMA, MAS, ASIC) to Trade / Swap Data Repositories (e.g. DTCC, Unavista, US SEC, etc).
Fully document scope of all related business requirements, relating to each deliverable, and ensure these are understood by business and operational stakeholders and IT teams
Provide input into the generation of test cases to support the Test strategy and support any analysis to resolve defects.
Work closely with the Product Owners and Architecture teams to ensure all regional deliveries are consistent with the global approach.
Develop and maintain strong working relationships with key stakeholders (Business, Operations, Compliance, and IT) in understanding the impact of each business initiatives on regulatory reporting.
Work to ensure potential gaps and issues in solutions are risk assessed, and appropriate solutions/controls are defined.
Perform data mapping analysis to understand the availability and quality of data.
Manage project scope and requirements throughout the project lifecycle;
Perform functional testing before start of UAT
Provide UAT support, analyse and resolve issues identified during user testing
Resolve functional and technical issues related to business applications.
Provide input to technical design decisions and business application strategy.
Establish and maintain communication with IT and Business Stakeholders, ensure regulatory reporting requirements are properly addressed on all levels of system and procedural changes
SKILLS
Must have
8+ years of overall experience and 4+ years of experience in trade and transaction reporting
Knowledge of trade & transaction reporting regimes like EMIR / Emir Refit, CFTC/ CFTC Refit, SFTR, MIFIR / MIFID II transaction reporting, ASIS / MAS reporting etc.
Good understanding of OTC derivatives products (Equity derivatives / Credit derivatives / FX derivatives / Commodity derivatives) and it's lifecycle
Prior experience with going through RTS and interpreting it and putting together Functional specification document
Knows how to handle project complexity in terms of stakeholder management, conflict management, change management etc.
Experience working in team engagements to finalize new operating models and roadmaps for change across people, process, data and technology
Adaptable to an evolving scope of tasks, comfortable with uncertainty as well as changing global requirements
Exceptional verbal and written communication skills; expertise in setting and managing customer expectations
Distinctive blend of business, IT, financial and communication skills, as this is a highly visible position with substantial impact
Nice to have
AI
