Regulatory Change Risk Business Analyst at HSBC, London, £450-£480 per day

£450 - £480 per day
  • Contract Spy
  • London, UK
  • Feb 14, 2020
Duration not stated

Contract Description

HSBC are currently rercruiting for an experienced Regulatory Change Risk Business Analyst to work within the IFRS17 implementation programme. The Products and Actuarial function is responsible for three workstreams: Business Impacts; Cashflow Models; and Contractual Service Margin ('CSM') Platform. Each workstream is managed globally, wherever possible developing central capabilities for use in all affected markets. Working with our delivery partners the Regulatory Change Risk Business Analyst shape, deliver and embed change. They are responsible for Requirements Management, Design, Change Management and Implementation Management. Business Analysts work collaboratively with delivery partners and subject matter experts in gathering, translating and clarifying requirements and defining design options.

The Key Responsibilities for the Regulatory Change Risk Business Analyst will be:

  • Defines requirements management processes and designs detailed business solutions and structures based on business requirements; challenges business intent in a constructive manner
  • Identifies areas of impact on the target operating model and designs activities to mitigate impact
  • Manages requirements traceability through design and delivery
  • Utilises financial skills to develop a high level business case, considering investment and high level benefits
  • Manages the change implementation activities, including business readiness assessment (i.e. avoiding multiple change clashes), implementation pilot (including approach and checklists) and actual implementation (including reporting status and issues)
  • Employs an improvement mindset to identify and define issues or problems that are less obvious; participates actively and constructively in brainstorming meetings where problems are discussed and/or resolved
  • Brings structure and order to undefined problems and/or large scale problems, making them easier to address and solve
  • Uses systemic thinking and creativity in devising solution options
  • Evaluates relative costs, benefits and obstacles of potential solutions before implementing
  • Articulates or translates complex information in clear, meaningful and structured way to suit audience
  • Understands the Group's priorities, competitors and competitive strategy to help drive strategically aligned solutions, considering aspects of risk/reward.

The Regulatory Change Risk Business Analyst will have experience in:

  • Proven track record as an outstanding analyst, consultant and/or project manager
  • Overall financial services industry knowledge with specific functional expertise
  • Extensive experience gathering requirements and conducting design activity, with a mix of business, operations and technology focused projects
  • Exposure to business case development and a sound understanding of how design enablers underpin business benefits
  • Strong experience of delivering change into different audiences and managing implementation in banking environments (branch, contact centre, trading floor, operations, head office etc).
  • Effective communication, inter-personal and negotiating skills
  • Excellent decision making and problem solving ability
  • Sound judgmental skills to identify and resolve problems
  • Experience of managing resources using appropriate communication, delegation and planning skills
  • Ability to motivate and lead people, employing appropriate management styles
  • Good understanding of Global Transformation Business Transformation Frameworks, Agile methodologies and best practice techniques
  • A thorough understanding of the purpose, values, culture and fundamentals of Global Transformation
  • Outstanding understanding of HSBC Group structures, processes and objectives