Business Analyst Statutory & Regulatory Reporting
Employee | Accounting / Finance | Professional | Amsterdam | 2021-02-16 | REQ-10032028
The COO Risk & Finance department delivers Risk & Finance related services to its stakeholders, i.e. Group Finance, country CFO’s and Wholesale Banking, Risk, Tax and Bank Treasury. These services encompass operations and change initiatives for accounting, reporting, data foundation and business advice services, including system, process, data and information management, and analytics capabilities. By design, the services are reliable, secure and in control. Change is delivered in accordance with the Finance strategy and implementation and decommissioning roadmap.
The Tribe Statutory and Regulatory Reporting delivers and enables the organisation to provide on-time, high-quality, standardized financial reporting solutions, in compliance with external and internal regulations.
As a BA, you work in a squad with around 7-9 colleagues covering the whole range of expertise in the squad. Together, you work on a common purpose. You like to work in a constructive way in a multidisciplinary squad. Together with your squad members you do everything within your power to realise your common mission day by day.
The BA reports to the Chapter Lead. The BA can fulfil the role of Product Owner within a squad, determining the priorities for the squad.
We are looking for an energetic and driven expert with strong analytical capabilities who uses state-of-the-art methods and techniques for business analysis. You have integral, domain-exceeding knowledge of Finance.
You are an excellent communicator and able to build bridges between different stakeholders. You are able to convincingly put forward your proposals and are a real team player in reaching broad agreement on the road to follow. In this way, you can contribute to delivering standardised, uniform and fully adapted solutions to complex Finance issues and processes.
You analyse complex Finance business issues that go beyond squad and/or tribe boundaries, with a view to designing complete solutions for the requested change. You deliver excellently substantiated analyses using state-of-the-art techniques and tools, which lead to functional designs that cover all change deliverables. You are focused on process design and the translation to IT. You ensure that all requirements of all relevant stakeholders are acknowledged in the analyses and the different solution designs. You support tribes and squads in their decision-making by presenting the different (functional and solution) design alternatives and their impact in a clear way. You guarantee that the business requirements and non-functional requirements are translated into IT Solution requirements. You work together with (IT) architects and specialists to come up with a suitable IT solution. In doing so, you conduct a number of coherent analyses:
Requirements analysis: You elicit sets of coherent requirements. You make sure that the requirements are complete, consistent, of good quality, that they are translated correctly in the design, and that they are maintained and, if necessary, adjusted if changes occur. You support the product owners and the squads in managing the backlog by translating and prioritising the epics into features and, together with the squad, into user stories.
Process analysis: you analyse the current situation, the problems that occur and the underlying causes. Based on this analysis, you provide clear process designs.
Information analysis: you analyse the necessary input, output, and adjustment of data in the client processes. You analyse the information need. You investigate the quality of the captured data and come up with solutions to improve quality.
Risk analysis: you are able to translate the policy and regulation of ORM, Compliance and Legal into design solutions.
Required skills, knowledge & experience
Knowledge on product IFRS accounting ;
Sourcing, classifying & preparing transactional as well as accounting data for Finance, Risk & ALM reporting
Knowledge & understanding of Financial accounting & reconciliation, Chart of Accounts
Product knowledge on Payments, Lending, Trade Finance and Financial Markets;
Trade Finance products letter of credit, guarantees, facilities, etc.
GMRA products: R(r)epos, BSB, SBB
GMSLA products: Securities Borrowing & lending products
Fixed Income & Bonds
FX spots, swaps & derivatives
Interest rate swaps
Commodity financing (commodities), etc.
Knowledge of and experience with Statutory and Regulatory Reporting;
Basel 3 reporting (LCR, NSFR, Liquidity metrics)
DNB/EBA regulatory reporting, Financial Accounting, FINREP, ALM & liquidity management, Risk management
Knowledge of and experience with analyzing large data sets and its quality;
Knowledge of and experience with Change delivery (intake, impact analysis, configuration, testing);
Experience in Regression and User Acceptance testing;
Excellent working with Microsoft Excel, BI and SQL tooling;
Experience with Agile;
Highly analytical and attention for detail;
Affinity towards IT;
Excellent Communication skills, written communication and power to convince;
Ability to work under tight deadlines;
Very strong team player; pro-active, ability to connect, positive mind-set, flexibility, focused on cooperation and sharing knowledge;
Fluent in English
You possess a University (Bachelor’s/Master’s) degree in (business) economics or a comparable field;
You have At least 3-5 years of hands on experience as a BA with implementing and designing complex functional solutions in a financial institution
What we offer
A job for 36 hours and a unique offer that fits in with the times of today. We take into account your home situation and your ambitions and help you to balance work and private life. Discover yourself our employment conditions.;
A salary tailored to your qualities and experience;
Flexible working hours and the possibility to work at home;
Reimbursement for travel expenses;
24 vacation days with a 36-hour working week. If you work 40 hours a week, you will receive 27 vacation days;
13th month salary;
Individual Savings Contribution (BIS), 3.5% of your gross annual salary;
8% Holiday payment;
Personal growth and challenging work with endless possibilities to realize your ambitions;
An informal working environment with innovative colleagues who strive for the very best.
Contact the recruiter attached to the advertisement for more information. Want to apply directly? Please upload your CV and motivation letter by clicking the “Apply” button.
With around 52,000 employees and operations in approximately 40 countries, there is no shortage of opportunities for people with initiative who want to make a diﬀerence. We hire smart people like you for your potential, not your past. Our biggest expectation is that you’ll stay curious. Keep learning. Take on more responsibility. In return, we’ll back you to develop into an even more awesome version of yourself.
If you want to work at the cutting edge of what’s possible, surrounded by progressive, inspiring and supportive colleagues, there is no better place to invest your talents than at ING. Join us. Apply today.