IT Business Analyst

Job Description:

IT Business Analyst is actively involved to address needs originated by regulations or internal policies, ensuring the compliance of the current internal technology and external product offer with new or updated regulations.

Key Responsibilities:

• Analyze and interpret new and/or modified regulations to determine applicability to business units or products;
• Consult with several departments and/or project teams to determine if system modifications are required to comply with New or updated regulations based on specific scenarios;
• Gather details on key processes and operational functions across the business, produce effective documentation and presentations to articulate findings and facilitate decisions, clarifying available scenarios and solutions based on agreed business needs;
• Benchmarking of best practices within financial industry to explore different options and implement the best ones based on our customer culture and business needs;
• Develop SME capability in key areas of business operations and become the go-to individual for insights and understanding;
• Ensuring the alignment among functional requirements, regulations and business needs;
• Stakeholder management: able to listen to, understand and embed different point of views to find the best solution for the Bank;
• Demonstrate business knowledge to proactively support teams, departments, and/or the organization.

Educational Qualifications:

University degree (preferably in Economics, Informatic, Engineering, Political Science or Law).

Technical, Language and other Specialized skills:

• Strong Knowledge of Regulators and regulations required in financial industry (local and European);
• Good English (written and spoken);
• MS office (ppt – excel - word);
• Excellent organizational and interpersonal skills;
• Proven analytical approach,
• Confidentiality;
• Effective in communication (verbal and written);
• Passion for details;
• Proactivity;
• Excellent in execution.

Required skills and experience

• 5+ years of experience in functional analysis for a software company, working on regulatory projects;
• Good understanding of business operations in one or several of the following key areas: AML, Transparency;
• Data Protection, Client Protection (i.e.: Fraud), Basilea 4, “Vigilanza Bancaria” (Single supervisory mechanism);
• MIFID, Regulatory Reporting, etc.
• Excellent data analysis skills;
• Strong knowledge of Italian and English;
• Strong verbal and written communication skills to technical and non-technical audiences of various levels in the organization (e.g., executive, management, individual contributors);
• Experience working with solution delivery teams utilizing agile methodologies;
• Experience working with multi-location teams, multiple business partners and stakeholders;
• Ability to build relationships across a global organization, build trust and influence internal and external stakeholders;
• Aptitude for technology;
• Creative minded with an ability to conceive interesting ideas for new content;
• Strong risk awareness.
• Result oriented;
• Excellence in execution.

Duration: Permanent

Work location: Milan