Regulatory BA - Deloitte

The Global Finance Change Business Analyst drives Change, Design and Delivery, working closely with
Regulatory Reporting, technology and business teams. The Global Finance Change Business
Analyst works with team members, both locally and across regions to; undertake quantitative and
qualitative analysis to establish clear requirements from the business; manage and translate these
effectively throughout the project lifecycle; and ultimately ensure that change programmes achieve their
objectives and deliver the anticipated benefits to the organisation.
Key responsibilities include:-
Supporting the detailed documentation of business requirements, working with multiple cross-
functional stakeholders.
Defining, developing and translating requirements, applying principles of a good requirement, at
all stages of the project lifecycle from high level business requirements through to, for example,
process requirements, functional requirements, user requirements, system requirements, data
requirements, as well as test conditions.
Setting and applying high expectations with respect to quality, use of requirement management
systems and document standards.
Managing a robust change control process to ensure change requests or changes in scope are
identified and controlled.
The role holder has a good understanding of change & implementation approaches, tools and
techniques for gathering, clarifying and managing business requirements and selects and applies
the right approaches, tools and techniques according to context ensuring seamless delivery.
The role holder works closely with multiple cross functional stakeholders and effectively manages
the interface between requirements analysis and system design, maintaining appropriate
accountabilities, as well as ensuring alignment of system design to user requirements.
The role holder works with dynamic plans in a fast-moving environment, continually assessing
priorities and progress and adjusting their focus where necessary, being sure to maintain
alignment with other programme workstreams / projects.
The role holder is expected to work with complex regulatory data models and functional solution
designs across both Cloud and on-premise solutions.
Given the specific nature of this role, the role holder should have experience of Regulatory
Reporting requirements across multiple regulators including the PRA, ECB, HKMA, and OSFI
among others.
The Global Finance Change Business Analyst ensures alignment with HSBC Change Framework
standards, and ensures the team meets performance targets that are aligned to programme /
project objectives.
What you'll do: (List out Key Responsibilities):
Principal Accountabilities: Key activities and decision making areas
Impact on the Business/Function
Actively manage packages of requirements and engage delivery teams to ensure successful
implementation.
Perform analysis and produce detailed documentation covering functional requirements, technical
requirements, implementation and testing.
Set the framework for requirements gathering, translation and management throughout the
project life cycle ensuring use of appropriate tools and techniques for the context and application
of the required standards.
Manage translation of business requirements into more detailed requirements, solutions and
structures, acting as a bridge between business and technology. Apply an understanding of business and Finance priorities, drivers and challenges to lead design
of strategically aligned solutions, always considering the controls and risk framework.
Typical Targets and Measures
Activities prioritised and completed to required quality standards, in accordance with procedures
and within agreed timescales.
Line Management feedback on completion of activities and tracking of status during project
lifecycle.
Feedback from key stakeholders.
Business benefits realised.
Customers / Stakeholders
Build and manage key relationships with stakeholders at different levels of seniority both within
and outside of Global Finance Change.
Understand stakeholders' objectives, direction, priorities and challenges, managing and
addressing concerns and objections.
Influence and collaborate with stakeholders, to build consensus and shape change outcomes.
Foster open communication which anticipates stakeholder expectations.
Champion and embed outstanding service and customer advocacy.
Facilitate interaction with cross-functional teams to ensure initial business requirements are
understood and to sustain collaboration around any required changes and implementation.
Cross functional work across other key stakeholders including Risk, Global Risk Analytics, IT,
Finance, Business and Finance Operations functions at Group and Regional Level, and Global
Finance Change.
Typical Targets and Measures
Line Management feedback completion of activities and tracking of status during project lifecycle.
Feedback from key stakeholders.
Leadership & Teamwork
Challenge decisions and standard processes when and where appropriate.
Provide direction to delivery partners.
Promote a culture of continuous innovation, challenge the business on approach and apply
knowledge of relevant latest developments.
Provide regular constructive feedback and coaching to individuals to improve their performance
and support development and career progression.
Act as a role model to create and maintain a collaborative team environment which supports on
the job learning and self-driven development.
Promote learning and development with a focus on key areas such as new methodologies.
Typical Targets and Measures
Line Management feedback completion of activities and tracking of status during project lifecycle.
Feedback from key stakeholders.
Feedback from team.
Operational Effectiveness & Control Manage all regulatory and compliance matters and operational risk.
Manage and monitor compliance with all relevant mandatory standards, group policies and tools
such as HSBC Change Framework as well as maintaining a focus on internal controls such as Op
Risk and SOX.
Apply an understanding of good governance and implement effective approvals process.
Define requirements management processes and design detailed business solutions based on
requirements; challenge business intent in a constructive manner.
Qualifications
What you will need to succeed in the role:
Business Analyst experience working in large complex Programmes within the financial services
industry and Cloud (Google Cloud Platform).
Excellent documentation skills, promoting concise and clear written deliverables.
Experience with complex regulatory data models and cross functional solution designs.
Relevant experience within regulatory change in a Finance and Risk context.
Proven track record in dynamic environments, with the ability to manage teams with diverse
backgrounds and skillsets, both locally and across regional sites and to maintain a global
perspective.
Exceptional drive, motivation and commitment and focus in operational excellence.
Strong decision-making, problem-solving and interpersonal skills including the ability to influence
stakeholders.
Ability to provide SME knowledge in specific area to continuously improve areas of practice;
minimum of a Bachelor's degree in business, finance, mathematics, related field or equivalent
experience.
Advance data interrogation skills using SQL and Excel
Proficient in using Python scripts to perform business analysis on large, high-volume datasets,
enabling efficient data processing and insight generation.
Understanding of Basel III/IV and PRA/COREP Regulatory Reporting Requirements
Understanding of the HSBC data (facility, products, risk parameters used for credit risk calculation
and reporting)
Ability to design functional solution options and support decision by identify risks/ pros/ cons