Business Analyst Compliance

• Position/Role : Business Analyst – Compliance
• Work Location : Onsite, Abu Dhabi (UAE)
• Contract duration : 6 Month (extendable)
• This is a key role and forms the bridge between the Business team and IT team. This role has the responsibility to execute the strategies for the bank in a multi-jurisdiction environment. As such, it needs deep understanding of Compliance requirements from global and country specific regulators and its impact on technology solutions.
• Implementation of solutions around AML and FATCA/CRS.
• Understanding the existing solutions of the bank in compliance transactions monitoring domain.
• Interacting with business and assist the project team to implement the identified solution.
• Interacting with internal IT teams and drive the initiative to successful go-live.
• Interacting with vendor teams to understand intricacies of the software and come out with solutions to provide business benefits
• Responsible for identifying the key data requirement, data mappings, and core system enhancements for project implementation.
• Ensure effectiveness in reporting through functional data validation and confirmation that the output generated and produced from the system is complete, reconciled against source systems.
• Participate in all project related activities with regards to requirements gathering, planning, implementation, as well as system & user acceptance testing.
• Responsible for end user training and ensuring the required knowledge transfer to key team members is set in place.
  

Key Accountabilities:

• Active participation in the requirement sessions with business and vendor.
• Understand and document processes relating to compliance regulations and policies from jurisdiction of operations.
• Lead the functional validation and reconciliation of data against source systems. Check information, identify data breaks, and liaise with teams to ensure timely rectification of data extracts provided from different sources.
• Identify system functionality and act as a focal point, coordinate with team members, and liaise with all stakeholders regarding subject related matters.
• Conceptualize solutions for the requirements raised by business teams and coordinate with vendor and IT teams to deliver them.
• Prepare test scenarios to check the functionalities delivered by the solution and actively participate with the testing teams and business stakeholders to comprehensively test the solution.