Functional Analyst

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Employer: Wolters Kluwer Financial Services
  • Banks - Financial Institutions
  • Accounting - Finance
  • IT Software
  • Job type: full-time
    Job level: 1 - 5 years of experience
  • Cluj Napoca
  • Updated at: 17.05.2017
    Short company description

    Whether complying with regulatory requirements or managing financial transactions, addressing a single key risk, or working toward a holistic enterprise risk management strategy, Wolters Kluwer Financial Services works with customers worldwide to help them successfully navigate regulatory complexity, optimize risk and financial performance, and manage data to support critical decisions.

    Wolters Kluwer Financial Services provides risk management, compliance, finance and audit solutions that help financial organizations improve efficiency and effectiveness across their enterprise.

    Wolters Kluwer Financial Services is part of Wolters Kluwer, a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors, headquartered in Alphen aan den Rijn, the Netherlands.


    The successful candidate will be responsible for interpretation of regulatory requirements, turning these into functional and business requirements and using them in the development process.

    Qualifications, Skills, Behaviours & Attitudes

    -Bachelor degree (or higher) in Finance, Banking, Accounting, Economics or Computer Science
    -Preferable 2 years’ experience or more in banking accounting and / or in a functional analyst role, within a bank or within a software company delivering financial software or within financial services
    -In-depth knowledge and understanding of financial concepts and instruments
    -Relevant experience and knowledge of banking regulatory requirements
    -Experience of working with financial software, particularly with regard to banking and regulatory data warehouses or reporting solutions
    -Ability to analyze financial regulation and to implement it as business rules/logic
    -Fluency in English, written and oral
    -Computer literate, relational database and SQL knowledge is an important plus
    -Basic understanding of one of the following programming languages like VB, C/C++, Java, etc. is an important plus
    -Must have analytical and problem-solving skills with keen attention to detail
    -Able to communicate and work efficiently and proactively in a team spread in different geographical locations
    -Logical thinking


    The Functional Analyst will need to:

    Play a key role in monitoring and interpreting Regulatory changes in the financial sector (Banking, Insurance, etc.)
    -Work closely with the technical team to ensure that they have a clear understanding of requirements and support them throughout the development process
    -Perform functional testing of the software packages to be delivered, controls adequacy of developments with functional specifications
    -Participate actively to product’s documentation
    -Participate to product second line support by analyzing reported customer issues and providing resolution recommendation