At a Glance
- Tasks: Join us as a Business Analyst to shape payment systems and drive impactful projects.
- Company: Be part of a leading investment bank focused on innovation in financial services.
- Benefits: Enjoy hybrid work flexibility, competitive pay, and opportunities for professional growth.
- Why this job: Make a difference in the banking sector while collaborating with diverse teams and stakeholders.
- Qualifications: Strong understanding of software development, payment systems, and excellent communication skills required.
- Other info: This role offers a chance to work on exciting regulatory initiatives in a dynamic environment.
The predicted salary is between 50400 - 84000 £ per year.
We are seeking an organised and proactive Business Analyst with strong knowledge of payments processes and systems. This role supports a growing portfolio of regulatory and strategic initiatives by defining and implementing effective business and information system solutions. The successful candidate will work closely with stakeholders to identify and document business requirements, and support delivery teams throughout the software development lifecycle to ensure successful outcomes.
Role and Responsibilities
- Elicit, analyse, and document business requirements for new and existing software applications
- Collaborate with delivery teams throughout the software development lifecycle
- Ensure adherence to internal Business Analysis standards and delivery targets
- Manage small project deliverables including planning, coordination, monitoring, and reporting
- Provide written progress updates to the Business Analysis Team Leader on a weekly basis
- Support and occasionally deputise for the Business Analysis Team Leader
Essential Skills and Experience
- Strong understanding of the software development process and full project lifecycle
- Proven ability to capture and translate business user requirements
- Excellent communication and client-facing skills
- Conceptual thinker capable of presenting complex topics to technical and non-technical audiences
- Strong analytical skills with the ability to support major business change
- Confident, dynamic, and persuasive with the ability to influence stakeholders
- Capable of delivering to tight deadlines while maintaining high-quality output
- Experience with payment systems integration
- In-depth knowledge of banking systems - SEPA is ideal
- Familiarity with domestic and international payment schemes (e.g. BACS, CHAPS, SEPA CT, SDD, Instant, SWIFT, CBPR+)
- Proficient in payment messaging formats including SWIFT FIN MT, XML ISO20022 (pain, pacs, camt), and BACS Standard 18
Desirable Skills and Experience
- Working knowledge of SQL, XML, XSD, MQ, API, Postman, ETL
- Experience with OPF systems
- Knowledge of financial products such as Loans, Money Market, Trade Finance, Derivatives, and FX
- Familiarity with Agile/Scrum methodologies
- Experience using tools like Azure DevOps, JIRA, and Confluence
- Ability to adapt quickly while maintaining high standards under pressure
Business Analyst - Investment Bank - Payments employer: Intec Select Ltd
Contact Detail:
Intec Select Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Analyst - Investment Bank - Payments
✨Tip Number 1
Familiarise yourself with the specific payment systems mentioned in the job description, such as SEPA, BACS, and SWIFT. Understanding these systems will not only help you during interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the investment banking sector, especially those who work with payment systems. Engaging in conversations can provide insights into the industry and may even lead to referrals for the position.
✨Tip Number 3
Brush up on your knowledge of Agile/Scrum methodologies, as these are often used in software development. Being able to discuss how you've applied these methodologies in past projects can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your experience with stakeholder management and how you've successfully influenced decisions in previous roles. This is crucial for a Business Analyst, and showcasing your skills in this area can make a strong impression.
We think you need these skills to ace Business Analyst - Investment Bank - Payments
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience with payment systems and software development processes. Use specific examples that demonstrate your ability to capture and translate business user requirements.
Craft a Compelling Cover Letter: In your cover letter, emphasise your strong analytical skills and your experience in managing project deliverables. Mention your familiarity with banking systems and payment messaging formats to align with the job requirements.
Showcase Relevant Skills: Clearly outline your proficiency in tools like SQL, XML, and Agile methodologies. If you have experience with Azure DevOps or JIRA, make sure to include that as well, as it will strengthen your application.
Prepare for Potential Questions: Think about how you would explain complex topics to both technical and non-technical audiences. Be ready to discuss your previous experiences in detail, especially those related to stakeholder management and project coordination.
How to prepare for a job interview at Intec Select Ltd
✨Know Your Payment Systems
Make sure you have a solid understanding of payment systems and processes, especially SEPA and other domestic and international schemes. Be prepared to discuss your experience with these systems and how they relate to the role.
✨Demonstrate Your Analytical Skills
Be ready to showcase your analytical abilities by discussing past projects where you successfully captured and translated business requirements. Use specific examples to illustrate how you supported major business changes.
✨Communicate Effectively
Since this role involves working closely with stakeholders, practice articulating complex topics in a way that both technical and non-technical audiences can understand. Good communication can set you apart from other candidates.
✨Familiarise Yourself with Agile Methodologies
If you have experience with Agile/Scrum methodologies, be sure to highlight it during the interview. Discuss how you've applied these practices in previous roles and how they can benefit the team at the investment bank.