Business Systems Analyst

Location: Dallas, TX (Hybrid 3 days onsite)

Role Description: dditional Information Business Systems Analyst - Risk Regulatory ReportingKey responsibilitiesExperience as a Business Systems Analyst in Risk Regulatory Reporting will complete data analysis and business acumen to ensure a company is accurately and timely reporting financial information to regulatory bodies, while also identifying and mitigating potential risks associated with compliance and reporting processes they bridge the gap between business needs and technical requirements to optimize regulatory reporting systems and procedures.Key responsibilities of a business analyst in risk and regulatory reportingoGathering and analyzing data Collecting data from various sources within the organization, including trading systems, risk management platforms, and accounting systems, to generate accurate regulatory reports.oRegulatory compliance Staying updated on evolving regulatory requirements and ensuring the companys reporting practices adhere to relevant regulations like Basel III, Dodd-Frank, and local regulations.oRequirement gathering Identifying and documenting business requirements for regulatory reporting systems, including data quality standards, reporting formats, and deadlines.oProcess improvement Analyzing existing reporting processes to identify inefficiencies and propose improvements, such as automating manual tasks or streamlining data flows.oRisk assessment Evaluating potential risks associated with regulatory reporting, including data accuracy, timeliness, and compliance issues.oStakeholder management Collaborating with different teams within the organization, including finance, risk management, compliance, IT, and business lines, to ensure smooth reporting processes.oReport generation and validation Producing regulatory reports, performing data quality checks, and reconciling discrepancies to ensure accuracy and completeness.oSystem implementation Working with IT teams to implement new reporting systems or upgrades to existing systems, including testing and user acceptance.Skills required for this roleoFinancial knowledge A strong understanding of financial products, accounting principles, and risk metrics.oRegulatory expertise Deep knowledge of relevant regulatory reporting requirements and frameworks.oData analysis skills Proficiency in data manipulation, statistical analysis, and data visualization tools.oBusiness analysis skills Ability to gather requirements, document processes, and translate business needs into technical specifications.oProject management skills Experience in managing complex projects from initiation to implementation.oCommunication skills Excellent written and verbal communication to effectively interact with stakeholders at all levels.