Compliance Business Analyst

Division: Regulatory, Compliance and Public Affairs

We are a dynamic department responsible for providing advice on Compliance & Ethics (C&E) issues for the Euroclear group. Compliance & Ethics is part of the Second Line, helping to protect the integrity and improve the reputation of Euroclear in the market.

You will join the Analytics & Tooling team, whose mission is to:

• Identify the IT-enabled capabilities needed by the Compliance& Ethics to fulfil its objectives, and define the long-term IT strategy accordingly
• Use modern analytical techniques to strengthen our capabilities to combat financial crime/terrorism financing and internal fraud
• Collect, prepare, explore transactional and non-transactional data using data mining algorithms to create meaningful insights to detect anomalies and atypical behaviors
• Support colleagues in the department in their day-to-day needs for data, information and insights
• Contribute to follow regulatory requirements such as those expressed in the Anti-Money Laundering Directives (AMLD 4, 5, 6) and reinforce the reputation Euroclear as a trusted Financial Market Infrastructure (FMI)

Role

As a Compliance Business Analyst/Tool Administrator, you:

• Are responsible for acting as the main interface between IT teams and specific business/functional areas.
• Acquire business & functional expertise in compliance systems and processes (Norkom/ NetReveal, World-Check One, AML profiling scenarios, case management).
• Centralize business requirements and ensure internal alignment before bringing them to IT.
• Review detailed business requirements documents and consolidate feedback.
• Coordinate and follow up on requirements definition, development, testing, and implementation activities.
• Help C&E colleagues run yearly recertification of the processes by supplying technical help.
• Analyse results of the sanction screening engine, prepare the final feedback for collaborators, and create an action plan.
• Elicit business functional and non-functional requirements and create clear perennial documentation (business process diagrams, high-level and detailed requirements…).
• Support C&E colleagues throughout the project development process, including the testing and deployment phases.
• Support the implementation of model risk management.
• Act as an admin for several compliance tools.

Qualifications

• A good knowledge and understanding of company business operations, strong analytical skills, and a good understanding of IT- developments and implementation process, aquired from successful business change projects.
• Fluency in office tools, such as Excel, VBA, and basic SQL are a must.
• A good understanding of Euroclear’s high-level IT landscape(core systems, database systems, applications, data flows, etc.) and the ability to relate the IT capabilities to the business processes they support.
• User experience with NetReveal/TSS (Transaction Screening Service); knowledge of World-Check One or SWIFT Sanction Testing app will be an asset.
• Excellent written communication skills to describe requirements, processes, etc., in a clear, structured, and unambiguous manner.
• Experience in working for a Compliance department.
• Curiosity, a genuine interest in the world of Compliance and Ethics, eagerness and perseverance to understand, sense of details, and a risk attitude.
• Autonomy, willingness to help, flexibility, and a good sense of humour.