Functional Specialist

Role: Functional Expert in Legal Risk & Regulatory Reporting (Banking Domain)

Location: Duisburg, Germany

Is it Permanent/ Contract: 12 months FTC

Is it Onsite/Remote/Hybrid: Onsite

German at native/C2 level

Functional expert in Legal Risk & Regulatory Reporting (Banking Domain)

Role Summary

Functional Expert with 5 -7 years of experience in banking/financial services domain. Strong understanding of regulatory and legal risk processes, and native level/ C2 German language proficiency to interact with German-speaking business stakeholders.

Focuses on business requirement gathering, functional design, and stakeholder alignment to support initiatives within Legal Risk and Regulatory Reporting in a large banking environment and working closely with IT teams for delivery.

Key Responsibilities

Functional & Business Responsibilities

• Act as a functional representative for Legal Risk and Regulatory Reporting initiatives.

• Engage with Business, Legal, Compliance, and Risk teams to

o Gather, analyze, and document regulatory and business requirements

o Interpret regulatory changes and assess functional impact

• Prepare clear and structured functional deliverables, including:

o Business and Functional Requirement Documents

o Functional designs, business rules, workflows, and reporting logic

• Ensure alignment with internal policies, controls, and regulatory expectations

• Support UAT activities, including requirement clarification, issue analysis, and business sign-off

• Act as a bridge between Business and IT, clarifying functional intent and resolving requirement-related queries

• Ensure timely communication and escalation of issues impacting regulatory commitments

Stakeholder Management & Communication

• Serve as a key point of contact between Business and Technology teams.

• Conduct requirement discussions, walkthroughs, and reviews in German and English.

• Prepare concise functional summaries, impact assessments, and status updates for stakeholders.

Skills

• German at native/C2 level

• Strong exposure to:

o Legal Risk

o Regulatory Reporting

o Risk, Compliance, or Finance functions

• Proven experience in business analysis and functional design roles within regulatory programs.

• Good understanding of banking systems, data flows, and reporting platforms