UK remote
Assurance BA
About this role
Anticipated Contract End Date/Length: December 31, 2026 Work Set Up: Hybrid, 2–3 days per week onsite (approximately 40–60% in-office and 40–60% remote, depending on the agreed schedule). Clearance Required: BPSS eligibility required Our client in the Information Technology and Services industry is looking for an Assurance Business Analyst (BA) to assess Basel 3.1 regulatory reporting applicability, review data lineage, and perform control testing to provide assurance on regulatory compliance.
This role involves working closely with Credit Business and Product Owners, technology teams, and other stakeholders to assess risk-weighted asset (RWA) impacts, identify compliance gaps, strengthen internal controls, and ensure preparedness for Basel 3.1 regulatory reporting. Responsibilities Identify and assess Basel 3.1 reporting applicability across the bank's activities, products, and services against all applicable regulations and internal control policies.
Review data lineage for Basel 3.1 reports and perform control testing to provide assurance on Basel compliance. Review identified golden sources to identify and address potential compliance gaps or violations. Work with Credit Business and Product Owners across Mortgages and Securities-Backed Lending to map end-to-end data, process, and control flows. Analyse risk-weighted asset (RWA) impacts arising from different commercial decisions and deliver previously designed technology feeds.
Review business controls, technology controls, and SOX controls linked to relevant products for Basel 3.1 compliance. Perform control testing, including tests of design and tests of effectiveness, for relevant controls. Recommend actions to address weaknesses or gaps that could lead to regulatory reporting non-compliance. Support the implementation of measures to strengthen internal controls and mitigate compliance risks.
Assess readiness for the preparation and submission of Basel 3.1 regulatory reports to relevant authorities. Assess the development and implementation of training programmes to educate PBWM stakeholders on Basel 3.1 regulatory requirements and compliance responsibilities. Review the readiness and ongoing maintenance of regulatory reporting systems and software applications. Collaborate with IT colleagues to integrate regulatory reporting systems with other enterprise systems.