Business Consultant (rrc)

We are hiring for a Business Consultant (RRC) based in Fleet, Hampshire (Hybrid working 1-2 days a week in office). The role will come with a competitive salary and benefits package including 25 days holiday plus bank holidays, company bonus, pension, private medical, life assurance, income protection and more.

We are looking for a meticulous and analytical candidate to join our team. The successful candidate will play a crucial role in ensuring compliance with financial regulations by analyzing, preparing, and optimizing regulatory reports within our software solutions. This position requires a keen understanding of regulatory frameworks, strong analytical skills, and the ability to collaborate effectively with cross-functional teams.

**Travel to offices and client sites globally may be required.

Responsibilities:
Regulatory Compliance Analysis:

• Stay informed about changes in regulations and assess their impact on software solutions.

• Interpret regulatory requirements and collaborate with development teams to implement necessary changes.

Report Preparation and Optimization:

• Analyse, prepare, and optimize regulatory reports within our software systems, ensuring accuracy, completeness, and adherence to regulatory standards.

• Collaborate with software developers to enhance reporting features and functionalities.

Data Analysis and Integration:

• Conduct detailed analysis of regulatory data to identify trends, anomalies, and discrepancies.

• Collaborate with other practices to optimize data integration processes for regulatory reporting.

Collaboration:

• Work closely with software development, other practices, and regulatory bodies to gather information and implement improvements to regulatory reporting.

• Act as a liaison between different departments to ensure seamless data flow for reporting purposes.

Training and Consultation:

• Provide training sessions on regulatory reporting processes and customization and the use of software solutions related to the regulatory reporting requirement.

• Act as a consultant, offering guidance and support to stakeholders on regulatory compliance matters.

Documentation:

• Create and maintain detailed documentation of regulatory reporting requirement and guidance notes.
• Ensure that documentation is up-to-date and accessible for internal and external user.

Continuous Improvement:

• Identify opportunities for process enhancements to improve the efficiency and accuracy of regulatory reporting within our software solutions.

• Implement best practices and contribute to the continuous improvement of reporting processes.

Research:

• Conduct research on emerging regulatory trends, technologies, and best practices.
• Stay proactive in recommending and implementing innovative solutions to enhance regulatory reporting capabilities.

Regulatory Requirement, CRS/FATCA, and Risk Screening:

• Conduct in-depth research on regulatory requirements, CRS/FATCA regulations, and risk screening procedures.
• Collaborate with relevant teams to ensure software solutions align with the latest regulatory standards and risk screening protocols.

Who are we looking for:

• Bachelor’s degree in computer science, or a related field.
• Proven experience as a Regulatory Reporting Analyst in a software company or financial institution.
• Strong analytical and problem-solving skills with attention to detail.
• Knowledge of regulatory reporting requirements.
• Familiarity with software development processes and methodologies.
• Effective communication skills to convey complex regulatory information to various stakeholders.
• Ability to work collaboratively in a fast-paced environment and meet tight deadlines.
• Fresh graduates are welcome to apply.

Additional Qualifications:

• Company Secretarial Qualification.
• Expertise in CRS/FATCA regulations and reporting.
• Understanding of risk screening procedures and protocols.