Regulatory Reporting Business Analyst
Banking & Financial Services Consulting
Location: St. Petersburg, Florida.
ABOUT US
Cognizant is one of the world's leading professional services companies, transforming clients' business, operating, and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build, and run more innovative and efficient businesses. Headquartered in the U.S., learn how Cognizant helps clients lead with digital at .
COGNIZANT CONSULTING
Within Cognizant is Cognizant Consulting, a global consulting organization delivering strategic and domain consulting through industry and technology expertise. With over 6,000 consultants worldwide, Cognizant offers high-value consulting services that improve business performance and operational productivity, lower operational expenses, and enhance overall performance. Clients draw upon our deep industry expertise, program and change management capabilities, and analytical objectivity to help improve business productivity, drive technology-enabled business transformation, and increase shareholder value.
The Role
We are looking for a highly skilled and detail-oriented Regulatory Reporting IT Business System Analyst to join our team. The successful candidate will be responsible for ensuring compliance with financial regulations by managing and analyzing data using Adenza Controller View. This role involves working closely with IT and business departments to standardize financial statement preparations and presentations, ensuring data integrity and control, and providing timely and accurate submissions.
We’re looking for Senior Consultants who can deliver within Cognizant’s Five Pillars of Consulting Excellence: 1) Project Execution, 2) Expertise, 3) Business Development, 4) Practice Development, & 5) People Development. As a Senior Consultant, this means partnering with clients and project stakeholders, clarifying requirements, and supporting delivery of effective solutions; applying technical and domain expertise to solve core client business challenges or inefficiencies; developing and strengthening domain knowledge; supporting business development activities of senior leaders; contributing to practice initiatives or new service offerings; and being an inspiring colleague.
Responsibilities
- Manage and analyze data to ensure compliance with financial regulations using the Adenza Controller view platform.
- Participate in gap analyses and review deliverables, leading interviews and workshops to engage with different data source owners.
- Collaborate with IT and business departments to gather and analyze data for regulatory reporting.
- Develop functional documentation for assigned exposure types, including process flows, user guides, and training materials.
- Provide recommendations for improving data quality and integrity.
- Define logical source to target data transformation rules and data quality rules.
- Assist in the design and implementation of system enhancements and upgrades.
- Participate in client engagement and own all business analysis responsibilities.
- Collaborate with cross-functional teams to achieve project milestones.
- Assist in the solution of production problems/incidents within SLAs.
- Participate in PeopleCare activities; mentor and support less experienced Consultants.
Qualifications
- Minimum of 10 years working in technology, consulting, professional services, or solution development within Banking & Financial Services.
- Minimum 7 years of hands-on business analysis experience (requirements gathering, data analysis) and preparation of FRD/BRD.
- Bachelor’s degree in finance, Accounting, Business, Information Technology, or a related field.
- Skilled with Adenza ControllerView, and experience mapping new data in and configuring regulatory reports.
- Good knowledge of Capital Markets, Risk (Credit Risk, Financial Risk), and Regulatory reporting.
- Understanding of financial regulations such as FRY 9C, FRY 14Q/M/A, Liquidity Risk Reporting, Basel III, and CCAR.
- Sound understanding of financial instruments and data mapping.
- Experience working in agile projects, using Jira.
- Excellent analytical and problem-solving skills, strong attention to detail.
- Ability to work independently and as part of a team.
- Excellent communication and interpersonal skills.
- Experience with ETL processes and tools.
- Personal leadership and a desire to create a culture that enables exceptional outcomes.
Work Authorization
Cognizant will only consider applicants for this position who are legally authorized to work in the United States without company sponsorship.
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