Job Description
One of CEI's largest Financial Services & Banking clients is seeking a Senior Business Systems Analyst to join their growing organization!
Client/Industry : Financial Services & Banking
Job Title : Senior Business Systems Analyst
Location : Hybrid - 2-3 days in office in Pittsburgh, PA (preferred) || Fully Remote (EST) will be considered.
Duration : 7 Month Contract to Hire
- W2 No Corp to Corp / C2C
- Expected/Potential for extensions and/or conversion to fulltime/permanent)
- Optional benefits during contract (Medical, Dental, Vision, and 401k)
Position Overview : This position is part of a dedicated team focused on developing data products and business process solutions to support regulatory reporting, data submissions, and finance capital reporting. The role is integral to ensuring the Bank meets compliance requirements for critical regulatory reports, including FRY 9c, FRY 14M/Q, Single Counterparty Credit Limits (FR2590), and Basel III. As regulatory requirements evolve, this position plays a vital role in adapting reporting capabilities and enhancing processes to align with new standards and expectations. The selected candidate will work collaboratively to analyze complex financial regulations, translate them into actionable technical requirements, and support the implementation of these requirements through data analysis and process optimization. By leveraging expertise in financial modeling, SQL, and business intelligence tools, the candidate will drive compliance initiatives and contribute to the delivery of accurate regulatory submissions.
Required Skills/Experience :
- Bachelors degree in a technical field such as Computer Science or Finance is required
- 58 years of experience as a Business/Data Analyst, at least 3 years focused on financial analysis or modeling for Asset Liability Management, Treasury Management, Credit Risk Management, or SCCL/Basel III regulations
- Experience interpreting Federal Reserve instructions for regulatory reports such as FRY 9c, FRY 14M/Q, FR2590, and Basel III and converting them into technical requirements
- Advanced SQL skills for data analysis in Oracle and Teradata environments
- Proficiency with Excel, with experience using business intelligence tools like Tableau, Microsoft Power BI, or Oracle BI
- Deep understanding of U.S. banking capital regulations and their implications for financial institutions
- Strong communication skills, both written & verbal, with the ability to work across teams with competing priorities
Preferred Skills (But Not Required) :
- Masters degree in Finance or a related field.
- Familiarity with commercial/retail loans, leases, derivatives, securitized assets, or equity.
- Experience with general ledger or credit card system implementations.
Day to Day/Responsibilities :
- Gather detailed business and data requirements from internal units to support accurate regulatory reporting processes, including FRY 9c, FRY 14M/Q, FR2590, and Basel III submissions.
- Collaborate with business stakeholders and clients to understand the scope of information processing needs, ensuring alignment with regulatory and operational objectives.
- Analyze and interpret Federal Reserve instructions to understand regulatory changes, determining their impact on reporting requirements and business processes.
- Translate regulatory requirements into comprehensive technical specifications for the development or enhancement of reporting solutions.
- Conduct in-depth SQL-based data analysis in Oracle and Teradata environments to validate data integrity, identify discrepancies, and ensure compliance with regulatory standards.
- Create, refine, and manage detailed financial and regulatory reports using Excel and BI tools, including Tableau, Power BI, or Oracle BI.
- Evaluate the implications of on- and off-balance sheet activities across various asset classes, such as commercial and retail loans, leases, derivatives, securitized assets, or equity, and ensure these are accurately reflected in reports.
- Facilitate discussions across multiple teams to resolve conflicting priorities, clarify requirements, and ensure timely project delivery.
- Identify and implement process improvement opportunities to optimize reporting workflows and enhance operational efficiency.
- Provide regular updates to leadership on progress, challenges, and milestones related to regulatory reporting initiatives.
- Act as a subject matter expert on regulatory requirements, offering guidance and support to internal teams to ensure compliance and mitigate risks.
#INDGEN
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- Dice Id: ceiam
- Position Id: 25975
Job Tags
Permanent employment, Full time, Contract work,