Senior Business Analyst – QFC Reporting

We are

At Synechron, we believe in the power of digital to transform businesses for the better. Our global consulting firm combines creativity and innovative technology to deliver industry-leading digital solutions. Synechron’s progressive technologies and optimization strategies span end-to-end Artificial Intelligence, Consulting, Digital, Cloud & DevOps, Data, and Software Engineering, servicing an array of noteworthy financial services and technology firms. Through research and development initiatives in our FinLabs we develop solutions for modernization, from Artificial Intelligence and Blockchain to Data Science models, Digital Underwriting, mobile-first applications and more. Over the last 20+ years, our company has been honored with multiple employer awards, recognizing our commitment to our talented teams. With top clients to boast about, Synechron has a global workforce of 14,500+, and has 58 offices in 21 countries within key global markets.

Our challenge

We are seeking a highly skilled and experienced Business Analyst to join our team for the QFC (Qualified Financial Contracts) reporting project. The ideal candidate will have extensive knowledge in Regulatory Reporting and the Financial Services industry, combined with strong technical and communication skills. This role requires independent work, interaction with business users and technology staff, and the ability to create and manage detailed documentation and test plans. 

Additional Information

The base salary for this position will vary based on geography and other factors. In accordance with law, the base salary for this role if filled within New York, NY is $130k - $150k/year & benefits (see below).

The Role

Responsibilities:

• Demonstrate extensive knowledge and experience in Regulatory Reporting within the Financial Services industry.
• Stay updated with the latest regulatory requirements and ensure compliance.
• Possess expert-level experience with 12-15 years in the Financial Services industry.
• Proven ability to work independently while managing multiple tasks and deadlines.
• Strong knowledge of SQL for data mining and analysis.
• Experience in analyzing large datasets to derive meaningful insights.
• Exceptional documentation skills, including the ability to formulate Business Requirements Documents (BRDs), Functional Requirements Documents (FRDs), and Technical Specifications.
• Ensure all documentation is clear, concise, and comprehensive.
• Understanding of QFC reporting is preferred but not mandatory. Willingness to learn and adapt is essential.
• Excellent communication skills to effectively interact with business users and technology staff.
• Ability to translate complex technical concepts into understandable terms for non-technical stakeholders.
• Develop and formulate User Acceptance Testing (UAT) test cases and testing plans.
• Ensure thorough testing and validation of all deliverables to maintain high standards of quality.

Requirements:

You are:

• Extensive experience in Regulatory Reporting and the Financial Services industry.
• Proficiency in SQL and data analysis tools.
• Strong documentation and technical writing skills.
• Proven track record of working independently and managing complex projects.
• Excellent communication and interpersonal skills.
• Understanding of QFC reporting is a plus.

We can offer you:

• A highly competitive compensation and benefits package
• A multinational organization with 58 offices in 21 countries and the possibility to work abroad
• Laptop and a mobile phone
• 10 days of paid annual leave (plus sick leave and national holidays)
• Maternity & Paternity leave plans
• A comprehensive insurance plan including: medical, dental, vision, life insurance, and long-/short-term disability (plans vary by region)
• Retirement savings plans
• A higher education certification policy
• Commuter benefits (varies by region)
• Extensive training opportunities, focused on skills, substantive knowledge, and personal development.
• On-demand Udemy for Business for all Synechron employees with free access to more than 5000 curated courses 
• Coaching opportunities with experienced colleagues from our Financial Innovation Labs (FinLabs) and Center of Excellences (CoE) groups
• Cutting edge projects at the world’s leading tier-one banks, financial institutions and insurance firms
• A flat and approachable organization
• A truly diverse, fun-loving and global work culture

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