Explore senior-level jobs in the dynamic field of regulatory reporting and financial technology. A RegInsight Local Regulatory Reporting Centralized Team Senior Analyst is a specialized professional who operates at the critical intersection of finance, compliance, and information technology. This role is central to modern financial institutions' efforts to streamline and automate the complex process of submitting mandatory reports to local regulatory bodies. Professionals in these jobs are key players in transformation initiatives, moving organizations from manual, fragmented reporting to standardized, efficient, and controlled centralized processes. Typically, individuals in this senior analyst position are responsible for the end-to-end lifecycle of regulatory report implementation and production. A core duty involves deeply understanding and interpreting local regulatory requirements, then translating those legal and financial stipulations into clear, technical business rules and data mappings. They decompose complex report schedules to identify the necessary critical data points and their expected values. This requires extensive collaboration with various functions, including finance, IT, data governance, and often with country-specific teams, to ensure requirements are accurately captured and sourced from central data repositories. Common responsibilities include designing, documenting, and reviewing the mapping rules that transform raw data into regulatory submissions. They play a vital role in data quality assurance, partnering with other teams to validate and cleanse information. Senior analysts are heavily involved in testing phases, developing and executing User Acceptance Test (UAT) and parallel run scripts to ensure accuracy before go-live. Furthermore, they support ongoing change management, rules governance, and process improvements, ensuring the reporting framework adapts to new regulations and business needs. To succeed in these jobs, candidates typically need a strong blend of financial expertise and technical acumen. Common requirements include 5-9 years of experience in accounting, financial reporting, or auditing, with a solid grounding in standards like IFRS or US GAAP. Direct experience in regulatory reporting production or implementation is highly valued, as is familiarity with frameworks like Basel II/III. Technical skills often include advanced proficiency in MS Excel and a working knowledge of SQL or other data query tools. A university degree in finance, accounting, or a related field is standard, with professional certifications like CPA being a significant advantage. Beyond hard skills, success demands excellent analytical and problem-solving abilities, meticulous attention to detail, strong interpersonal and communication skills for cross-functional collaboration, and effective project and time management capabilities. These jobs are ideal for detail-oriented professionals seeking to leverage their financial expertise in a technology-driven environment that is essential to the integrity and compliance of global financial institutions.
