Regulatory Business Analyst II

Regulatory Business Analyst II – AxiomSL / FR 2052a & FR Y-15

Location: New York, NY
Job Type: Contract – Special Project
Department: Regulatory Projects
Industry: Banking / Financial Services

Position Overview

Our client is seeking an experiencedRegulatory Business Analyst II with strong hands-on experience withAxiomSL (ControllerView) and Federal Reserve regulatory reporting, specificallyFR 2052a and/or FR Y-15.

This is a key project role focused on conducting a comprehensivegap analysis of the organization's current data environment against regulatory reporting requirements. The successful candidate will identify data gaps, define sourcing requirements, develop data mapping specifications, and work closely with Finance, Data, Technology, and Regulatory stakeholders to ensure the necessary data is available and properly structured for reporting.

The ideal candidate will have10+ years of Business Analysis experience within Corporate/Investment Banking (CIB) and a proven track record of implementingFR 2052a or FR Y-15 at a major banking institution.

Key Responsibilities

• Conduct"As-Is" vs. "To-Be" data analysis for FR 2052a and FR Y-15 reporting requirements.
• Identify missing data elements, data quality issues, granularity gaps, and other reporting deficiencies.
• Partner withFinance and business stakeholders to understand financial products, business processes, and reporting requirements.
• Translate complexFederal Reserve regulatory requirements into clear Business Requirements Documents (BRDs) and Functional Requirements Documents (FRDs).
• Define specific data sourcing requirements for transactional, counterparty, collateral, balance sheet, and other financial data.
• Develop detailedsource-to-target data mapping specifications.
• Map source data into theAxiomSL Operational Data Store (ODS) and consolidated data model.
• Work closely with Data Architects, Data Engineers, ETL teams, and upstream system owners to resolve data sourcing and transformation issues.
• Analyze large datasets and perform data validation and reconciliation usingSQL and other analytical tools.
• Identify and communicate risks, dependencies, and data quality concerns to senior stakeholders.
• Drive open issues and requirements through resolution while maintaining project timelines.
• Provide subject matter expertise and guidance to business, technology, and regulatory stakeholders.

Qualifications

• Bachelor's degree inFinance, Accounting, Computer Science, Information Technology, Business, or related field.
• 10+ years of Business Analysis experience within Corporate/Investment Banking (CIB).
• Hands-on experience working withAxiomSL / ControllerView.
• Required: Demonstrated experience implementingFR 2052a and/or FR Y-15 at a major banking institution.
• Strong understanding ofFederal Reserve regulatory reporting requirements.
• Strong knowledge of financial products, including liquidity, lending, securities, derivatives, collateral, and balance sheet products.
• Experience withdata mapping, data lineage, data sourcing, data modeling, and data quality analysis.
• Strong SQL skills and experience working with large datasets.
• Experience withPower BI or similar data visualization/analytics tools.
• Ability to develop detailedBRDs, FRDs, data mapping documents, and functional specifications.
• Excellent communication and stakeholder management skills, including the ability to work with senior Finance, Regulatory, Data, and Technology teams.
• Strong analytical, problem-solving, and organizational skills.
• Ability to work independently and drive complex regulatory initiatives through completion.

Ideal Candidate

The ideal candidate is someone who hasactually implemented FR 2052a or FR Y-15 using AxiomSL at a major bank—not simply someone who has regulatory reporting experience. They should be comfortable getting into the data, understanding what the regulations require, identifying what is missing, and then working with Data and Technology teams to determinewhere the data needs to come from and how it needs to be mapped into Axiom.