Business Analyst on EMIR

Permanent contract|London|Innovation / Project / Organization

Business Analyst on EMIR

  • London, United Kingdom
  • Permanent contract
  • Innovation / Project / Organization


Description of the Business Line or Department

GBSU/REG implements all necessary means to ensure the SGCIB regulatory compliance. In a very unpredictable and unstable context, the regulatory evolutions in Europe as well as in the US imply very important changes for our activity, impacting our business model, producing new reporting and other obligations with huge impact on our processes. As we deal with many products, all new regulations impacting us, on a worldwide perspective. The regulatory projects management impact different stakeholders as Front office, OPER, Compliance and IT team.

In London, the Operations Regulatory Reporting Production team are responsible for ensuring SGIL meets its regulatory obligation for key regulatory reports including MiFID, DFA and EMIR reporting. For EMIR reporting this includes an obligation for reporting on behalf of other affiliates as well as delegated reporting where the client has elected for this option.

Summary of the key purposes of the role

Working as part of GBSU/REG Team, you will be a dedicated resource responsible to deliver change management related to EMIR reporting stream. The role will also involve working closely with IT teams, Compliance, other areas of Operations and the business.

Main stream of work includes the EMIR REFIT changes and support the business in their client and business migration activities from a regulatory perspective.

Summary of responsibilities

Business Analyst focused on Regulatory Reporting projects for the SGIL perimeter. Main responsibilities include:

• Analyse the impact on the business and assess the technical changes    

  • Translate regulatory reporting rules and requirements into impact analyses, functional designs and estimates

•     Understand the upstream trade flows of the products in scope of EMIR, DFA and SFTR
•     Represent GBSU/REG  in cross department meetings, working groups and project steercos
•     Develop and maintain QA plans(Test scenarios, Test cases, test execution)
•      Coordination of different teams work(onshore & off shore). Maintain delivery plans and track issues.
•     Maintain high level design documentation detailing message and data flows, application interfaces and operating procedures

  • Identifying requirements for resolving such issues, carrying out UAT when necessary and liaising with the rest of the team with respect to prioritisation of release and post production checkout.
  • Prioritise, investigate and remediate issues and develop control improvements –Involvement in the longer-term strategic development of the transaction reporting and related systems.
  • Involvement in change affecting the existing process, whether internal such as systems, business models, new products) or external (such as market or regulatory changes) as well as new regulatory reporting obligations
  • Assess the impact of the client and activity migration from a regulatory perspective, and lead the implementation of the required changes.
  • Be flexible in contributing to other activities in the team when necessary, for example analysis required for queries received from the Regulator.
  • Responsibility for ensuring that you are fully aware of and adhere to internal Policies that relate to you, your business or other businesses for which you have any level of responsibility.  It is your responsibility to ensure compliance with operational risk requirements (e.g. Golden rules, security policies and regulatory requirements). 
  • Responsibility for managing, controlling, preparing and escalating risk within the scope of your position.
  • Responsibility for reading, understanding and complying with the Company’s Conduct and Standards and corresponding regulations. You will be notified of changes to policies in a timely manner through announcements and/or intranet updates.
  • Act with integrity and due skill, care and diligence in carrying out your duties. Your actions should always be able to satisfy high standards of scrutiny.
  • Observe proper standards of market conduct.  Responsibility to ensure that you take reasonable steps to be fully aware of, understand and comply with all regulatory requirements from all regulatory bodies that are applicable to your business.

Profile required


SQL skills. Ability to query databases and large data volumes.
• Must possess awareness of the underlying investment banking business and associated middle and back office data flows as well as the in scope financial products.
• Able to anticipate/forecast critical points and make adjustments to deliver to commitments.
• Assimilate facts, evaluate perception and apply critical reasoning and make recommendations to arrive at optimal outcomes
• Strong communication skills written and verbal
• Pro-active and willing to go the extra mile to ensure that progress is made
• Demonstrates ownership
• Team player
• Enthusiastic and motivated to improve both themselves and the team
• Organisational skills
• The ability to function as a liaison between business functions and IT
• Ability to coordinate and influence others
• Ability to identify, mitigate and report the critical issues
• Forward thinking
• Operational Risk Aware

Why join us

People join for the impact they can have on us. They stay for the impact we have on them. A flatter structure offers visibility and exposure beyond that of our competitors, so you know our names, and we know yours. It's personable, human, and inspires success through passion. By encouraging open mindedness and a willingness to share ideas, we have adapted to market changes and thrived through innovation. Bringing words like “hard work” and “dedication” together with “community” and “respect” has enabled us to work collaboratively and build our future together. We call this Team Spirit and it's what makes us different. It's what makes you different.

Business insight

If you feel you have the required experience and qualifications, then please apply to the SG Resourcing Team, and we will manage your application. At Société Générale, we believe our people are our strength and are core to the success of our business. As such, we search for, recruit and appoint the best available person on the basis of aptitude and ability, regardless of sex, marital or civil partnership status, race, colour, nationality, ethnic or national origins, pregnancy, disability, age, sexual orientation, religion, belief or gender identity.

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 23000GH3
Entity: SG CIB
Starting date: 2023/07/24
Publication date: 2023/05/22