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Regulatory Reporting Business Analyst
Ref No.: 18-17832
Location: Jersey City, New Jersey
A Major Financial Firm located in Jersey City, NJ has an immediate contract opportunity for a Regulatory Reporting Business Analyst.

The Finance COO team ensures that appropriate solutions are put in place for the Finance (accounting) and Tax organization to meet their business objectives. The team acts as the bridge for the Finance and Tax organization to various departments within the department, mainly the Business, PMO and Technology organizations in New York, New Jersey, California, Montreal, Mumbai, London and Paris.

The team works simultaneously on a wide range of projects arising from business and regulatory changes and strategic initiatives. The team is also responsible for the reengineering of existing applications to improve functionality and efficiency. The team also provides first line user support through training, research and responding to general queries.

The Senior Business Analyst has broad-based responsibilities for the functional design, specification and deployment of Finance Systems initiatives at both a Legal Entity and IHC level.
  • Elicit, analyse, and document user requirements and business processes.
  • Undertake data assessment, data gap analysis and remediation.
  • Develop functional specification requirements for IT development to meet user requirements.
  • Develop and review test cases for SIT and UAT.
  • Perform System Testing to ensure IT development is in line with functional specification.
  • Plan and manage User Acceptance Testing up to successful delivery of end product.
  • Ensure on-time quality delivery of projects and activities assigned.
  • Report on and monitor status of assigned projects on a regular basis (weekly). Manage issues and escalate effectively.
  • Liaise with cross-functional teams (business groups, IT and PMO organizations) in New York, New Jersey, California, Montreal, Mumbai, London and Paris.

  • 8+ years of work experience in the field of accounting and / or accounting system (ie. upstream to general ledger) and implementation in the financial services industry.
  • Experience must include business analysis, data sourcing, functional specification, and application testing.
  • Experience must include Regulatory Reporting (production or projects) within the Banking industry.
  • Experience with Axiom strongly preferred.
  • Experience with Banking and/or Capital Markets products.
  • Exposure to Market and/or Client Risk, and the ALM Treasury function is advantageous.
  • Ability to understand complex financial products and system architectures, including accounting business processes including financial and management reporting (IFRS and US GAAP), month-end closing process, regulatory reporting, entity consolidations and multi-currency accounting.
  • Excellent written and oral communication skills, with the ability to explain complex issues clearly and concisely to audiences of varying technical or accounting levels.
  • Ability to work effectively in geographically dispersed cross-functional teams.
  • Strong Microsoft software Office skills (Excel, Word, Access, PowerPoint, Visio, Project).
  • Strong knowledge of project management skills.