Business Analyst

Business Analyst

Lincoln Freelance 43200 - 72000 £ / year (est.) Home office possible
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At a Glance

  • Tasks: Lead analysis on software projects, ensuring solutions meet business and regulatory needs.
  • Company: Join a dynamic team in the financial services sector, focused on innovative software delivery.
  • Benefits: Enjoy remote work flexibility and competitive pay of up to £550 per day.
  • Why this job: Be a key player in impactful projects while developing your skills in a supportive environment.
  • Qualifications: Experience as a Business Analyst in financial services and a degree or equivalent experience required.
  • Other info: This role is contract-based and outside IR35, perfect for those seeking project-focused work.

The predicted salary is between 43200 - 72000 £ per year.

The Business Analyst is responsible for leading the analysis effort on software and service delivery projects. This role facilitates the end-to-end requirements process and ensures the final solution meets both business and regulatory needs. Working as a critical liaison between business stakeholders and technical teams, the Business Analyst validates, documents, and drives the implementation of effective, standards-compliant solutions. This position requires high levels of motivation, organization, and the ability to manage and prioritize multiple tasks within a dynamic, project-focused environment.

Key Responsibilities

  • People
    • Actively engages in personal development and continuous performance improvement.
    • Participates in learning and development activities in line with role objectives.
    • Contributes to a positive team environment, adding value across the wider business analysis function.
  • Customer
    • Provides support and direction to project teams, ensuring business requirements are met during solution development.
    • Leads or participates in client workshops to gather detailed requirements and understand workflows, challenges, and opportunities.
    • Supports and occasionally leads client presentations to share progress and findings.
  • Financial
    • Contributes to the preparation and validation of cost estimates outlined in Solution Definition Documents.
    • Monitors and reviews estimates throughout the project lifecycle, escalating variances as necessary.
  • Process
    • Assists in defining project scope and approach alongside Business Consultants and Project Managers.
    • Leads the elicitation, validation, and prioritization of business and system requirements.
    • Ensures traceability of requirements and manages change through the project lifecycle.
    • Conducts gap and defect analysis, identifying areas for product or process enhancement.
    • Produces use cases, process maps, and other supporting documentation to guide project delivery.
    • Supports the transition of completed projects into Business-as-Usual operations.
    • Collaborates with senior analysts to identify and implement continuous improvement initiatives.

Skills and Attributes

  • Highly organized with strong self-management and planning abilities.
  • Excellent communication and stakeholder engagement skills.
  • Collaborative and enthusiastic team contributor.
  • Analytical thinker with a proactive, problem-solving mindset.
  • Capable of influencing decisions and challenging assumptions when necessary.

Qualifications & Experience

  • Proven experience in a Business Analyst role – Software and Service Delivery.
  • Financial services experience, especially in mortgages, lending, or investment products.
  • Strong background in process mapping and use case development.
  • Degree-level education or equivalent practical experience.
  • BCS Business Analysis certification.
  • Understanding of project management principles and tools.
  • Experience with both Agile and Waterfall project methodologies.
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Contact Detail:

developrec Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Business Analyst

✨Tip Number 1

Familiarise yourself with the financial services sector, especially in areas like mortgages and lending. Understanding the specific challenges and regulations in this field will help you engage more effectively with stakeholders during interviews.

✨Tip Number 2

Brush up on your process mapping and use case development skills. Being able to demonstrate your expertise in these areas during discussions can set you apart from other candidates.

✨Tip Number 3

Prepare to discuss your experience with both Agile and Waterfall methodologies. Be ready to share examples of how you've successfully applied these approaches in past projects, as this is crucial for the role.

✨Tip Number 4

Showcase your communication and stakeholder engagement skills. Think of specific instances where you've influenced decisions or resolved conflicts, as these examples will highlight your ability to work collaboratively in a team environment.

We think you need these skills to ace Business Analyst

Business Analysis
Requirements Elicitation
Stakeholder Engagement
Process Mapping
Use Case Development
Analytical Thinking
Problem-Solving Skills
Project Management Principles
Agile Methodologies
Waterfall Methodologies
Documentation Skills
Change Management
Communication Skills
Team Collaboration
Financial Services Knowledge

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience as a Business Analyst, particularly in software and service delivery within the financial services sector. Emphasise your skills in process mapping, use case development, and any experience with Agile and Waterfall methodologies.

Craft a Compelling Cover Letter: Write a cover letter that specifically addresses the key responsibilities outlined in the job description. Mention your ability to engage with stakeholders, lead workshops, and manage requirements effectively. Show enthusiasm for the role and how your background aligns with their needs.

Highlight Relevant Qualifications: In your application, clearly state your qualifications, such as your degree-level education and BCS Business Analysis certification. If you have experience in mortgages, lending, or investment products, make sure to include this as it is highly relevant to the role.

Showcase Your Analytical Skills: Provide examples of how you've used your analytical thinking and problem-solving skills in previous roles. Discuss specific projects where you conducted gap analysis or produced documentation like use cases and process maps, as these are crucial for the position.

How to prepare for a job interview at developrec

✨Showcase Your Analytical Skills

As a Business Analyst, your analytical skills are crucial. Be prepared to discuss specific examples of how you've used data analysis to drive decisions or improve processes in previous roles. Highlight any experience with gap analysis or process mapping.

✨Demonstrate Stakeholder Engagement

This role requires excellent communication and stakeholder engagement skills. Prepare to share experiences where you successfully gathered requirements from stakeholders or facilitated workshops. Emphasise your ability to bridge the gap between technical teams and business needs.

✨Familiarise Yourself with Financial Services

Given the focus on the financial services sector, brush up on industry-specific knowledge, especially around mortgages, lending, or investment products. Being able to speak confidently about these areas will show your understanding of the business context.

✨Prepare for Methodology Questions

Since the role involves both Agile and Waterfall methodologies, be ready to discuss your experience with each. Think of examples where you've adapted your approach based on project needs and how you ensure compliance with standards throughout the project lifecycle.

Business Analyst
developrec
Location: Lincoln
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