Hi,
Good day…!

We are looking for Regulatory data business analyst to join in our dynamic team.

Location: Alice lane
Experience: 3 to 5 years
Work mode: Hybrid
Position: Contract

Business Unit:

CIB

Contracting Specialist:

Duration:

3 months with option to renew

Work Location:

Absa, Alice Lane, Sandton

More about the Area & Team:

How we stay relevant:

Our data analytics function remains relevant by continuously evolving to meet the ever-changing needs of the business. By leveraging cutting-edge technology and methodologies, we ensure that our data and decision-driven strategies provide invaluable insights and drive impactful decisions across the organization. Our commitment to innovation and excellence allows us to stay ahead of trends and anticipate future challenges, making us an indispensable part of the company’s strategic initiatives.

Our Solution:

Our data analytics solution, the Data Analytics Lakehouse, is at the heart of our operations. Built on AWS Cloud, this robust system integrates data from various sources, providing a centralized repository for all our analytics needs. The Lakehouse architecture combines the best elements of data lakes and data warehouses, allowing for both large-scale data storage and high-performance analytical processing.

The system is designed to handle vast amounts of data, which are ingested, processed, and stored efficiently. By leveraging AWS Cloud’s scalability and security features, we ensure that our data assets are both accessible and protected. The data analytics lake enables real-time data processing and supports advanced analytics, which are crucial for making data-driven decisions.

Moreover, our system is equipped to send processed data to third-party systems, including Regulators, facilitating seamless integration with external platforms and enhancing our ability to collaborate with partners. This interoperability ensures that our insights are actionable and can be utilized across various business functions, driving organizational success.

More about the project:

Problem to solve
Solution/Deliverable
Attractive Tech exposure
The Regulatory Data Business Analyst will be responsible for supporting the Markets business area by enhancing and maintaining regulatory and compliance processes for Regulatory Reporting. This role involves documenting, creating and managing requirements and specifications for collecting data from various source systems, formatting it for specific regulatory requirements, and populating regulatory reports.

The ideal candidate will have experience in Financial Markets (trading) as well as strong knowledge analysis skills and functional knowledge for Global Markets regulatory reporting

Job Description / Responsibilities:

Key Responsibilities:

•Develop and implement a data quality process to ensure the accuracy, completeness, and consistency of data within Global Markets for Regulatory Reporting.

•Establish data quality metrics and monitoring mechanisms to continuously assess and improve data quality.

•Ensure data governance for regulatory data, including data attestation and data lineage, to ensure the integrity, security, and usability of data used for Regulatory Reporting within Global Markets.

•Accountability for creating specifications for data products/assets that enable regulations

•Support the Global Markets data portfolio to ensure alignment with CIB data strategy, business objectives, and enterprise data governance.

•Ensure compliance with data legislations and regulations applicable to South Africa and other African countries where Global Markets operates.

Background and experience required:

Years of Experience
Industry Experience
•Minimum 3 years of experience in Investment Banking / Capital Markets IT and Data domain.

•3-5 years’ experience in a business analysis role working on projects related to Regulatory Reporting and data

•Technical enough to understand the SDLC and trading systems and define specifications

Must-have Skills (Mandatory Skills):

Include minimum years of experience required per skill
•Good understanding of asset classes such as Equity, Fixed Income, Credit, FX, commodities, Interest Rates, Collateral, high level is all derivatives and non-derivative products and their product lifecycle.

•Working experience on FMA, EMIR, Dodd Frank, CFTC and other relevant Markets Regulatory Reporting requirements

Beneficial Skills (Desired Skills):

•Strong Business Analysis skills to oversee regulatory reporting projects from inception to completion

•Excellent stakeholder engagement skills to effectively communicate with various departments and external regulatory bodies

•High attention to detail to ensure accuracy in regulatory reports and data submissions

•Ability to interpret and apply regulatory policies and guidelines to business processes

•Strong knowledge of regulatory and risk reporting.

•Excellent analytical and problem-solving skills.

•Strong written and verbal communication skills.

•Familiarity with data governance best practices and tools, as well as experience with Front Arena application as a primary system

•Ability to work collaboratively with various departments, including marketing, IT, and customer service.

•Ability to conduct thorough research on regulatory requirements and stay updated with changes in regulations