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Business Analyst - Axiom Regulatory Reporting

00068230291

The Company

Cognizant (NASDAQ:CTSH) is a leading provider of information technology, consulting, and business process outsourcing services, dedicated to helping the world's leading companies build stronger businesses. Headquartered in Teaneck, New Jersey (U.S.), Cognizant has over 350,000 employees as of January 2024. Cognizant is a member of the NASDAQ-100, the S&P 500, the Forbes Global 1000, and the Fortune 500 and is ranked among the top performing and fastest growing companies in the world.

Banking & Financial Services Consulting

Cognizant’s Banking & Financial Services (BFS) Consulting team is seeking talented consultants with business analysis and digital change delivery experience to work with our ecosystem of clients, alliances, start-ups, and design agencies to deliver the next generation of banking products and experiences. This role provides an opportunity to join a rapidly growing, high energy and entrepreneurial team working with leading Benelux based clients.

Role Overview

The Axiom Regulatory Reporting Business Analyst is responsible for gathering requirements, designing reporting solutions, and supporting the end‑to‑end delivery of regulatory reports using the AxiomSL ControllerView platform. The role bridges business, data, and technology teams to ensure accurate, timely, and compliant regulatory submissions.

Key Responsibilities

Requirements Gathering & Analysis

  • Work with Risk, Finance, Treasury, and Regulatory Reporting teams to understand reporting requirements (e.g., FR Y‑9C, FFIEC 031/041, FR Y‑14, 2052a, Basel, Liquidity reports).

  • Translate regulatory instructions and business needs into functional and technical requirements for Axiom.

  • Analyze data sources, data gaps, and transformation logic needed for Axiom data models.

AxiomSL ControllerView Design & Configuration

  • Create and maintain Axiom data dictionaries, data mappings, and transformation rules.

  • Support the configuration of Axiom modules, templates, and workflows.

  • Collaborate with developers to implement data ingestion, validation rules, and report logic.

Data Analysis & Validation

  • Perform detailed data analysis across multiple source systems (GL, Risk, Treasury, Data Warehouse).

  • Validate Axiom outputs against regulatory instructions and business expectations.

  • Investigate data quality issues and coordinate remediation with upstream teams.

Testing & Quality Assurance

  • Develop test plans, test cases, and expected results for Axiom reporting changes.

  • Execute SIT, UAT, and regression testing for new reports, enhancements, and regulatory updates.

  • Ensure completeness and accuracy of Axiom submissions before production release.

Regulatory Change Management

  • Interpret new regulatory requirements and assess their impact on Axiom reporting.

  • Support implementation of regulatory updates (Fed, OCC, FDIC, PRA, EBA, MAS, etc.).

  • Maintain documentation for audit and regulatory review.

Production Support & Issue Resolution

  • Provide L2/L3 support for Axiom production cycles.

  • Troubleshoot data issues, mapping errors, and rule failures.

  • Work with technology teams to resolve defects and optimize performance.

Governance, Controls & Documentation

  • Maintain process documentation, data lineage, and control evidence.

  • Support internal audit, external audit, and regulatory exams.

  • Ensure compliance with model governance, data governance, and operational risk standards.

Required Skills & Experience

Technical Skills

  • Strong hands‑on experience with AxiomSL ControllerView

  • Knowledge of regulatory reporting frameworks (FR Y‑14, FR Y‑9C, FFIEC, Basel, Liquidity, 2052a)

  • SQL proficiency for data analysis and validation

  • Understanding of data models, ETL processes, and financial systems

Business Skills

  • Strong understanding of banking products (loans, deposits, derivatives, securities, trading products)

  • Familiarity with US regulatory requirements (Federal Reserve, OCC, FDIC)

  • Ability to interpret regulatory instructions and translate them into reporting logic

Soft Skills

  • Excellent communication and stakeholder‑management abilities

  • Strong analytical and problem‑solving skills

  • Ability to work under tight reporting deadlines


The Cognizant community:
We are a high caliber team who appreciate and support one another. Our people uphold an energetic, collaborative and inclusive workplace where everyone can thrive.

  • Cognizant is a global community with more than 300,000+ associates around the world.
  • We don’t just dream of a better way – we make it happen.
  • We take care of our people, clients, company, communities and climate by doing what’s right.
  • We foster an innovative environment where you can build the career path that’s right for you.

About us:
Cognizant (Nasdaq: CTSH) is an AI Builder and technology services provider, building the bridge between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization’s unique context into technology systems that amplify human potential, realize tangible returns and keep global enterprises ahead in a fast-changing world. See how at www.cognizant.com or @cognizant.

Cognizant is an equal opportunity employer. Your application and candidacy will not be considered based on race, color, sex, religion, creed, sexual orientation, gender identity, national origin, disability, genetic information, pregnancy, veteran status or any other characteristic protected by federal, state or local laws.

Disclaimer:
Compensation information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law.

Applicants may be required to attend interviews in person or by video conference. In addition, candidates may be required to present their current state or government issued ID during each interview.

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