Assurance Business Analyst

We are seeking an experienced Assurance Business Analyst to support Basel 3.1 regulatory reporting readiness across the bank’s products, activities, data flows, controls, and reporting processes. The role will focus on assessing Basel 3.1 applicability, reviewing data lineage, validating golden source data, testing controls, and identifying gaps that could impact regulatory reporting compliance.

Contract Information

• Job title: Assurance BA
• Location: London
• Work model: Hybrid (2/3 days on-site)
• Contract length: Until EOY
• Contract type: Inside IR35

Key Responsibilities

• Identify and assess Basel 3.1 reporting applicability across the bank’s activities, products, services, and regulatory obligations.
• Review Basel 3.1 data lineage across end-to-end reporting flows, including source systems, transformations, controls, and downstream reporting outputs.
• Validate identified golden sources and assess whether they are complete, accurate, controlled, and fit for regulatory reporting purposes.
• Work with Credit Business teams and Product Owners across Mortgages and Securities Backed Lending to map end-to-end data, process, and control flows.
• Analyse RWA impacts arising from different commercial decisions and product-level changes.
• Review business controls, technology controls, and SOX controls linked to Basel 3.1 reporting processes.
• Perform control test of design and test of operating effectiveness to provide assurance over Basel 3.1 compliance.
• Identify weaknesses, control gaps, data issues, or process risks that could result in regulatory reporting non-compliance.
• Recommend remediation actions to strengthen internal controls, improve reporting accuracy, and reduce compliance risk.
• Assess readiness for the preparation and submission of Basel 3.1 regulatory reports to relevant authorities.
• Review the preparedness and ongoing maintenance of regulatory reporting systems and applications.
• Collaborate with Technology teams to support integration between regulatory reporting platforms and wider enterprise systems.
• Assess the development and implementation of Basel 3.1 training materials for stakeholders, ensuring teams understand regulatory requirements and compliance responsibilities.