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Statistical reporting business analyst

EPAM Systems
Business analyst
Posted: 14 January
Offer description

First Derivative is driven by people, data, and technology, unlocking the value of insight, hindsight, and foresight to drive organizations forward. Counting many of the world's leading investment banks as clients, we help our clients navigate the data-driven, digital revolution that is transforming the financial services sector. Our global teams span across 15 offices serving clients across EMEA, North America and APAC.As an EPAM Systems, Inc. (NYSE: EPAM) company, a leading global provider of digital platform engineering and development services, we deliver advanced financial services solutions by empowering operational insights, driving innovation, and enabling more effective risk management in an increasingly data-centric world. Together with EPAM, we combine deep industry expertise with cutting-edge technology to help clients stay ahead in a rapidly evolving financial landscape, offering comprehensive solutions that drive business transformation and sustainable growth.We are seeking a detail-orientedStatistical Reporting Business Analystwith strong expertise in FINREP and COREP regulatory reporting.The role focuses on translating regulatory requirements into business and functional specifications, supporting the production, validation, and evolution of prudential and financial regulatory reports in line with EBA/ECB standards. The ideal candidate will act as a key link between Finance, Risk, IT, and Regulatory Reporting teams, ensuring accuracy, consistency, and regulatory compliance across reporting processes.ResponsibilitiesAnalyze and interpret EBA regulatory frameworks related to FINREP, COREP, and related statistical reportingSupport the end-to-end lifecycle of FINREP and COREP reports, from data sourcing to final submissionMonitor regulatory changes (EBA ITS, ECB guidelines) and assess their impact on reporting processes and systemsEnsure alignment between accounting (IFRS/local GAAP), risk, and regulatory dataGather, document, and validate business and functional requirements for regulatory reporting solutionsTranslate regulatory texts into clear business rules, data definitions, and calculation logicProduce high-quality documentation (BRDs, FRDs, data mapping, impact analyses)Support UAT by defining test cases, validating results, and resolving discrepanciesWork closely with IT and data teams to ensure correct data sourcing, transformation, and aggregationValidate data quality, lineage, and reconciliation between FINREP, COREP, and internal Finance/Risk figuresSupport implementation and enhancement of regulatory reporting tools (e.g., SAP, Oracle, Abacus, OneSumX, Axiom)Act as a subject matter expert and point of contact for FINREP and COREP topicsCollaborate with Finance, Risk, Compliance, and IT stakeholdersSupport internal and external audits, regulator queries, and inspectionsRequirementsStrong hands-on experience with FINREP and COREP reportingSolid understanding of EBA regulations, ITS, and ECB reporting requirementsGood knowledge of IFRS and prudential concepts (credit risk, market risk, RWA, capital ratios)Experience with regulatory reporting software and data warehousesProven experience as a Business Analyst in a regulatory or financial reporting environmentStrong analytical and problem-solving skills with attention to detailAbility to interpret complex regulatory texts and translate them into actionable requirementsAdvanced SQL skills; experience with large datasetsFamiliarity with Excel (advanced), data models, and reporting frameworksKnowledge of XBRL and taxonomy structures is a strong advantageExcellent communication and stakeholder management skillsAbility to work in a fast-paced, regulatory-driven environmentStrong documentation and presentation skillsBachelor's or Master's degree in Finance, Economics, Accounting, Statistics, or a related fieldNice to haveExperience with AnaCredit, BIRD, or ECB statistical reportingBackground in consulting or regulatory transformation projectsExposure to Agile or SAFe delivery frameworksWe offerPrivate Healthcare PackagePensionEmployee Assistance ProgrammeEnhanced Maternity policyGroup Life Protection BenefitGive as You EarnCycle to Work SchemeEmployee Referral Bonus SchemeDiversity NetworksAccess to a range of skills and certifications

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