Functional Analyst

We are looking for a highly motivated individual to join our Regulatory Reporting team as a Functional Analyst.

The successful candidate will be responsible for interpretation of regulatory requirements, turning these into functional and business requirements and using them in the development process.

Responsibilities:

• play a key role in monitoring and interpreting Regulatory changes in the financial sector
• work closely with the technical team to ensure that they have a clear understanding of requirements and support them throughout the development process
• perform functional testing of the software packages to be delivered, controls adequacy of developments with functional specifications
• participate actively to product documentation, in particular for the functionalities you specified.
• participate to product second line support by analyzing reported customer issues and providing resolution recommendation
• on occasion deliver workshops related to specific reporting products and applications
• maintain regular contact with fellow business professionals and Regulatory bodies to discuss the effect and interpretation of regulatory changes and to maintain a high standard of business expertise.

Qualifications and Skill set:

• Bachelor degree (or higher) in Finance, Banking, Accounting, Economics or Computer Science

• preferable 4 years’ experience in banking accounting and / or in a functional analyst role, within a bank or within a software company delivering financial software or within financial services
• in-depth knowledge and understanding of financial concepts and instruments
• relevant experience and knowledge of banking regulatory requirements
• experience of working with financial software, particularly regarding banking and regulatory data warehouses or reporting solutions
• ability to analyze financial regulation and to implement it as business rules/logic
• logical proficiency
• fluency in English, written and oral
• knowledge of German or Hungarian is a plus
• computer literate, relational database and SQL knowledge is an important plus