Job Description

Job Title: Regulatory Business Analyst – Trade Reporting and Compliance Engine (TRACE)

Job Location: New York, New York

Job Type: Contract

A global bank is seeking a Regulatory IT Business Analyst – Trade Reporting and Compliance Engine (TRACE). The Global Markets & Risks Pre-Trade Sales & Execution IT team is responsible for providing Global Macro (Rates,FX), Equity/Securities Lending and Credit businesses with reliable and time-sensitive IT solutions to meet their needs.

The team is involved in the different phases of application development: user needs collection, analysis, design, implementation, delivery, support, and maintenance, within an agile framework.

We are looking for a Regulatory IT Business Analysts to support, maintain and design external and internal IT solutions for Transactional Regulatory Reporting and Compliance (Trade Reporting and Compliance Engine (TRACE) needs for Global Markets & Risks activities. The candidate will work closely with Compliance, Support Functions and Front Office teams and will have a good knowledge of financial products, and Regulatory topics (Trace Reporting, Broker Dealer Regulations, …)

The candidate’s responsibilities will include gathering requirements from traders, writing business requirements, creating mockup screens or proofs of concept, liaising with IT developers (both locally and in Head Office), defining and executing test scripts, and coordinating with end-users for User Acceptance Testing (UAT). Additionally, the candidate will be responsible for functional support and will assist with planning and status reporting.

Responsibilities

The role of the Business Analyst will be to support Global Markets regulatory activities performing the following

actions:

· Work closely with stakeholders, including traders, operations and compliance to understand their needs and

requirements.

· Formalize business requirements.

· Collaborate with the product owners to translate those requirements into development tasks.

· Build mockups or PoC.

· Define and execute test scripts.

· Coordinate user acceptance tests with users.

· Document and enrich our knowledge base.

· Be a facilitator between end-users and L1 Support team to address support issues.

· Provide support Level 2

Requirements

Bachelor Degree in Computer Science / Finance

· Experience in IT business analysis for Front Office Operations and Compliance in the Finance industry

· Knowledge of financial Products (Structured Products, Equity Options, Securities Lending, TRS, Repo, Interest

Rate Derivatives and term structures, Credit bonds, CLO…) and their trade workflows.

· Knowledge and experience in Transactional Regulatory Reporting (TRACE..) and Broker Dealer Regulations

· Great communication skills.

· Knowledge of SQL, Python or C# is a plus.

· Ability to analyze complex problems, with strong attention to detail and ability to provide solutions to

problems.

· Ability to prioritize and multi-task in a fast-paced environment on multiple applications.

· Well-versed in Agile practices and methodologies

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