Regulatory Compliance BA - Vallum Associates

Role Overview

The Regulatory Compliance Business Analyst will support the bank’s regulatory change and compliance initiatives by translating regulatory requirements into clear business and functional requirements. The role involves close collaboration with Compliance, Legal, Risk, Technology, and Operations teams to ensure regulatory obligations are accurately interpreted, implemented, and monitored across banking systems and processes.

• Analyse and interpret banking regulations (e.g., AML, KYC, Basel III/IV, PSD2, GDPR, MiFID II, SOX, local central bank guidelines).
• Act as a liaison between Compliance, Legal, Risk, Operations, and IT teams.
• Elicit, document, and manage business and functional requirements related to regulatory change.
• Conduct impact assessments for new or changing regulations on systems, processes, and controls.
• Support regulatory change initiatives from requirement definition through implementation and testing.
• Define and maintain traceability between regulatory obligations and business/system requirements.
• Support UAT planning and execution to ensure regulatory requirements are met.
• Assist in the design and enhancement of controls, policies, and procedures.
• Prepare documentation for audits, regulatory reviews, and internal governance forums.
• Track regulatory commitments and ensure timely delivery of compliance milestones.