BA Regulatory Reporting Job Description Template
As a BA Regulatory Reporting professional, you will focus on preparing and analyzing regulatory reports to ensure the organization complies with all relevant financial regulations. You will work closely with various departments to gather required data, ensure reports are accurate and submitted timely, and stay updated on changes in regulatory requirements.
Responsibilities
- Prepare and submit regulatory reports on time
- Gather and analyze financial data for regulatory compliance
- Ensure accuracy and completeness of reporting processes
- Collaborate with internal departments to collect necessary information
- Keep abreast of changes in regulatory requirements
- Conduct regular audits and validations of financial data
- Provide insights and recommendations based on regulatory analysis
- Act as a liaison with regulatory bodies and auditors
Qualifications
- Bachelor's degree in Finance, Accounting, or related field
- 2+ years of experience in regulatory reporting or compliance
- Strong understanding of financial regulations and guidelines
- Proven analytical and data validation skills
- Excellent attention to detail and accuracy
- Ability to work under tight deadlines
- Strong communication and collaboration skills
Skills
- Financial data analysis
- Regulatory compliance
- Data validation
- Report preparation
- Excel
- ERP systems
- Auditing
- Communication
Frequently Asked Questions
A BA Regulatory Reporting professional, or Business Analyst in Regulatory Reporting, ensures that a company complies with financial regulations by analyzing and preparing necessary reports. They gather financial data, interpret regulations, and develop reporting solutions, making sure the organization meets legal and compliance standards.
To become a BA Regulatory Reporting expert, individuals typically need a business or finance-related degree. Experience in financial compliance, strong analytical skills, and knowledge of regulatory standards are crucial. Additional certifications in business analysis or finance, such as CBAP or CFA, can provide a competitive edge.
The average salary for a BA Regulatory Reporting professional varies based on factors like experience, location, and company size. Generally, they can expect earnings within a competitive range in the financial sector. Compensation packages may include bonuses and benefits, reflective of their expertise in regulatory compliance.
Qualifications needed for a career in BA Regulatory Reporting typically include a bachelor's degree in finance, business, or a related field. Experience in financial analysis, reporting, and knowledge of compliance regulations are essential. Additional qualifications, like certifications in business analysis, can enhance job prospects.
Success as a BA Regulatory Reporting professional involves possessing strong analytical and communication skills. They must be detail-oriented and knowledgeable about financial regulations. Key responsibilities include data collection, report preparation, compliance monitoring, and ensuring timely submission of regulatory documents.