We're looking for a Business Analyst to join our team in Madrid. In this role, you will work within the Regulatory & Reporting team, translating complex business and compliance requirements into functional specifications that enable accurate and compliant regulatory reporting. This position requires strong analytical skills, familiarity with financial regulations such as EMIR Refit, MiFID II/MiFIR, and local reporting obligations, as well as the ability to collaborate across business, compliance and technology teams.
Join a strategic regulatory reporting initiative where you’ll help ensure compliance for global financial operations by transforming data into actionable, high-quality reporting solutions.
This is a hybrid role based in Madrid, ideal for those eager to thrive in a dynamic environment and make a significant impact in private banking technology. Join EPAM and contribute to shaping the future of financial services in Spain!
Responsibilities
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Translate regulatory and compliance requirements into structured, testable functional specifications
- Define and document reporting logic, data transformations, and field-level attributes
- Lead data mapping activities between source systems and reporting schemas (XML, JSON, CSV)
- Prototype report outputs using SQL and Python to validate data coverage and reporting logic
- Identify data gaps and clarify requirements in collaboration with compliance SMEs and business stakeholders
- Support design and implementation activities by working closely with architects and technical leads
- Ensure traceability between regulatory obligations, design specifications, and delivered reports
- Prepare validation scenarios, functional test cases, and ensure accurate production rollout
- Contribute to requirement walkthroughs, workshops, and cross-functional discussions
Requirements
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7+ years of experience in business analysis, data analysis, or backend/data engineering in regulated environments
- In-depth understanding of financial regulations including EMIR/EMIR Refit, MiFID II/MiFIR, AMLD5, and country-specific reporting requirements
- Familiarity with trade lifecycle concepts and financial products (securities, derivatives, FX, etc.)
- Strong proficiency in SQL for data validation and analysis
- Working knowledge of Python for logic prototyping and output formats
- Experience producing and validating structured output (XML, JSON)
- Ability to write clear functional specifications and interpret data models
- Excellent analytical skills with a structured and detail-oriented approach
- Strong stakeholder communication, both technical and business-oriented
- Fluent in English
Nice to have
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Experience with T24 (Temenos) or similar core banking systems
- Knowledge of French or German
- Familiarity with automation of regulatory reporting solutions
We offer
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Private health insurance
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EPAM Employees Stock Purchase Plan
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100% paid sick leave
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Referral Program
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Professional certification
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Language courses
EPAM is a leading digital transformation services and product engineering company with 61,700+ EPAMers in 55+ countries and regions. Since 1993, our multidisciplinary teams have been helping make the future real for our clients and communities around the world. In 2018, we opened an office in Spain that quickly grew to over 1,450 EPAMers distributed between the offices in Málaga, Madrid and Cáceres as well as remotely across the country. Here you will collaborate with multinational teams, contribute to numerous innovative projects, and have an opportunity to learn and grow continuously.
- Why Join EPAM
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WORK AND LIFE BALANCE. Enjoy more of your personal time with flexible work options, 24 working days of annual leave and paid time off for numerous public holidays.
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CONTINUOUS LEARNING CULTURE. Craft your personal Career Development Plan to align with your learning objectives. Take advantage of internal training, mentorship, sponsored certifications and LinkedIn courses.
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CLEAR AND DIFFERENT CAREER PATHS. Grow in engineering or managerial direction to become a People Manager, in-depth technical specialist, Solution Architect, or Project/Delivery Manager.
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STRONG PROFESSIONAL COMMUNITY. Join a global EPAM community of highly skilled experts and connect with them to solve challenges, exchange ideas, share expertise and make friends.
