Regulatory Business Analyst recruitment

The bank requires an enthusiastic, motivated individual to join a department as a Business Analyst on the Finance – Recovery and Resolution Planning project – Living Wills.

Finance – Recovery and Resolution Planning project :

In response to various financial crises over the last 3 years, global regulators have requested the requirement for financial institutions to maintain Recovery and Resolution plans designed to :

A) maintain public confidence in the banking system

B) protect national financial stability;

C) protect depositors.

Financial institutions currently cater for a variety of stressed market scenarios within their pre-existing risk management frameworks,

 However these are not considered sufficient to achieve all the objectives above, especially the need to avoid contagion to the financial systems by enabling rapid and orderly resolution over a short period of time.

Business Analyst Skills

• Business Analysis planning and monitoring

• Enterprise Analysis

• Requirements Gathering and Analysis

• Requirements Management

• Business Case Development

• Solution Assessment and Validation

• Solution Implementation and Issue resolution

Project Skills

• Understanding of project roles and key responsibilities attached to each, and how they relate to the role of the Business Analyst 

• Project Lifecycle - Understanding of key phases of project lifecycle, as well as overall objectives and deliverables of each phase.

• Management Methodologies - Understanding of agile and waterfall project management methodologies

• Risk and Issues – Ability to identify risk and issue items associated with the project and manage to resolution where applicable

• Relationships Management – Identifying and managing key stakeholder relationships such as those with the sponsor, and cross functional relationships with Group, FO, etc. 

• Project Management

Financial Knowledge Domain Expertise

• Investment banking knowledge - An understanding of investment banking products and how an Investment Bank operates. 

• Business and Product Knowledge – Understand full life cycle of a specific business area transactions from trade to settlement as well as some basic valuation principles

• Accountancy Knowledge - Understanding of key drivers of Profit and Loss for products in a specific area in accordance with industry norms (pricing, PL decomposition, impact of risk vs market movement, funding, reserving, independent price verification etc) as well as accounting treatment for each key component

• knowledge and awareness of industry norms, terminology, legislation, best practices and developments.

Business Analysis Tools and Techniques

Working knowledge of common techniques, tools, and languages used for enterprise analysis and business modelling such as but not limited to: BPMN, UML, SSADM, MS Project and Visyo. 

Formal Qualifications

Business Analyst Qualifications such as the Certified Business Analysis Profession (CBAP) 6 Sigma, Lean or equivalent.