Regulatory Business Analyst - COREP m/f/d

Regulatory Business Analyst – COREP

£500 - £550 per day

London – Onsite 3 days a week

emagine is a high-end professional services consultancy and solutions firm Specialising in providing business and technology services to the financial services sector, we power progress, solve challenges and deliver real results through tailored high-end consulting services and solutions.

We have created a culture of openness and integrity by building genuine and strong relationships and partnerships, enabling us to be uncompromising in our dedication in delivering the optimal service for our clients. Our commitment is not just towards our clients but we aim to foster a positive and equitable working environment with our consultants and colleagues which stems from our core values: Confident, Dedicated, Responsible, Genuine.

As a Regulatory Business Analyst, you will play a crucial role within our dynamic team, working on a large-scale program with exposure to diverse regulatory initiatives, balancing a variety of key stakeholder interests with a robust focus on delivery of optimal outcomes.

The Role:

• Collaborate with key stakeholders such as the Program Manager, Global Group-wide Chief Risk Officers (CROs), and Chief Financial Officers (CFOs) to ensure alignment with regulatory objectives and reporting accuracy.

• Accurate Returns for PRA: Assess and enhance the accuracy of returns for the Prudential Regulation Authority (PRA), focusing on remediation efforts to address existing reporting challenges and mitigate the risk of fines.

• Thoroughly document Business-As-Usual (BAU) processes, providing transparency and clarity for effective regulatory compliance.

• Work closely with BAU return teams, particularly in sensitive areas, to address immediate concerns and facilitate strategic remediation over both interim and strategic timelines.

• Execute manual adjustments as necessary to rectify discrepancies and ensure regulatory compliance.

• Identify opportunities and implement process automation where feasible, aiming to improve efficiency and accuracy in regulatory reporting.

Key Skills and Experience:

• Comprehensive understanding of regulatory requirements, with specific experience in COREP and LER (Large Exposure Reporting).

• Proficient in utilising regulatory technology to ensure traceability and compliance with implementing regulations.

• Wholesale or IB Experience: Previous experience in Wholesale or Investment Banking environments, particularly in dealing with Derivatives exposure, guarantees, and Capital & Liquidity reporting.

• Ability to operate effectively in both mid and senior levels, adapting to the varying demands of the role.

• Data Modeling Experience: While not essential, experience in data modeling would be advantageous

• Familiarity with counterparty data structures (entity resolution, aggregation)

• Familiarity with credit risk mitigation techniques (collateral haircuts, indirect exposure)

• Agile project delivery experience

• Familiarity with the Standardized Approach for Counterparty Credit Risk (SA-CCR)

Our people

The ideal consultants will share our values and be aligned with our ways of working and as your career progresses, you can expect to work across all areas of the project lifecycle, from strategy to implementation. This will provide you with a broad base of experience from which to build an outstanding career.

The ideal consultants will share our values and be aligned with our ways of working and as your career progresses, you can expect to work across all areas of the project lifecycle.

We pride ourselves on;

• Providing our people with a supportive culture, rooted in our values and driven by our purpose.

• Promoting a culture of inclusion, collaboration, well-being, and learning and development.

• Providing increased agility and flexibility within our hybrid working model

• Investing in employees’ growth through ongoing training and development

• Autonomy to take ownership of projects, making decisions and demonstrating individual expertise

• Providing an transparent performance and career management experience.

Our consultants are integral to delivering successful consulting engagements, addressing our clients’ most pressing business challenges, and build lasting value in disciplines such as:

• Solve sophisticated, ambiguous business, change and technology problems, bringing structure and meticulous analysis and planning, acting, and taking decisions with little strategic direction

• Build, develop and sustain trusted senior client relationships in the C-suite by remaining highly attuned to client needs

• Drive, enable and support the business, partnering with our leaders, clients, and consultants across our practices to take the best of emagine to our clients through opportunity identification/qualification, solution development/presentation

Interested?

At emagine, we are committed to building an international and diverse team by embracing our different backgrounds.

If you are up to the challenge and would like to find out more, get in touch with us immediately, our internal recruitment team is always keen to hear from dynamic individuals that are looking to further their career and explore their full potential. 

“emagine is an equal opportunity employer, and employment practices are based strictly on merit. It is the policy of the Company to give equal opportunity in employment regardless of sex, sexual orientation, marital status, race, age, disability, gender reassignment, pregnancy and maternity, religion or ethnic origin”