Regulatory Business Analyst, Libor Essential, Banking

NDK Consulting Ltd ,
London, Greater London
Salary: £450 per day

Overview

Regulatory Business Analyst , Libor Essential, Banking An organically growing bank requires a Libor Business Analyst to join their business area, to be responsible for the documenting and alignment of the business roadmap. Previous Libor experience is essential for the role. In this role you will be responsible for providing comprehensive analysis of processes and workflow optimisation, whilst providing business requirements for the full support of their Derivative products. This client requires previous Libor discontinuation experience as this is an essential for this role. Responsibilities: Map out the initial phase, identifying business requirements for derivative products ahead of Libor discontinuation. Undertake impact assessments of the introduction of new RFR Cash and Treasury products on current bank systems and operational procedures in line with the RFR Product Roadmap by participating in Product Working Groups across Derivatives. Document a gap analysis of current systems capabilities and operational procedures to support the business and functional requirements of new RFR products by reviewing existing Internal Operational Procedures. Provide regional (EMEA) input into global LIBOR remediation activity to ensure regional impacts are factored into any solutions by participating in Feasibility Studies and reviewing project documentation. Assess the impact of global LIBOR remediation activity on the EMEA region and identify associated activity required to be taken in the region to manage and leverage global changes. Assess any impact on operational procedures around downstream systems not addressed by global activity to handle the transition to RFR products. Work with the LIBOR PM to build a remediation plan for the regional system and operational changes identified. Key Skills: Libor is essential for this role. In-depth knowledge of operational processes supporting Derivatives products Knowledge of Derivatives product structures Knowledge of corporate banking systems Prior knowledge of managing business user requirements Analytical with business acumen If you’re an individual with previous knowledge of LIBOR, Business Analysis, looking to gain exposure in a dynamic evolving bank, then Apply Now