Senior Lending Technology Business Analyst
Senior Lending Technology Business Analyst

Senior Lending Technology Business Analyst

City of London Full-Time 60000 - 84000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead the IT integration of Loan IQ, collaborating with teams and stakeholders.
  • Company: Join a dynamic company transforming commercial banking with innovative technology solutions.
  • Benefits: Enjoy competitive pay, flexible working options, and opportunities for professional growth.
  • Why this job: Be part of a critical project that shapes the future of lending technology in a global context.
  • Qualifications: 8-10 years in IT business analysis, with expertise in banking products and systems integration.
  • Other info: Ideal for those who thrive in fast-paced environments and love tackling complex challenges.

The predicted salary is between 60000 - 84000 £ per year.

We are seeking an experienced IT Business Analyst (end to end) to lead the replacement of legacy lending systems with Loan IQ, a corporate lending processing suite of Finastra. The ideal candidate will have a strong background in Commercial Banking operations, particularly with regards to Loans as a product, and extensive experience in leading IT business analysis with focus on definition of the target process, the target state of systems integration, and their SIT strategy within complex global environments.

The role requires effective stakeholder management across London and the US, and a deep understanding of software development lifecycles, strong business process modelling skills, and knowledge about integration technology. The successful candidate will be responsible for ensuring the successful delivery of the IT integration component of this critical project, working with the PM, the architects, other CTB and RTB IT development teams, and key business stakeholders.

The role involves leading the IT integration work stream of Loan IQ implementation with various upstream and downstream systems, engaging with stakeholders, providing project status updates, collaborating with cross-functional teams, and facilitating workshops and meetings.

  • Workstream Leadership: Lead the IT integration work stream of Loan IQ with various upstream and downstream systems.
  • Stakeholder Management: Engage with stakeholders across headquarters, US, and within the European context to ensure clear communication, alignment and support for the project.
  • Reporting: Provide regular project status updates to stakeholders and the PM.
  • Team Collaboration: Work closely with cross-functional teams, including IT, Business units, to ensure the successful delivery.
  • Workshops and Meetings: Lead and facilitate workshops, meetings, and reviews with key stakeholders from both business and IT to gather requirements, ensure alignment, and address any concerns or issues.
  • Target Business Processes for Upstream / Downstream Systems Integration: Establish and document target business processes, delineating boundaries among inputs / outputs, systems, data flows, and inter-connections.
  • Assistance for Development Team: Support design for each integration feature and document the high-level interface design, ensuring alignment with business objectives and technical specifications.
  • SIT Strategy: Contribute to high-level strategy for system integration testing (SIT), including non-functional requirement testing, which will lead to detailed SIT plan later owned by the test manager to ensure comprehensive coverage and validation.

Qualifications:

  • Minimum of 8-10 years of experience in IT business analysis and systems integration landscape, with a proven track record of delivering large-scale projects within complex, multinational organizations (Essential)
  • In-depth understanding of the software development process and overall project life cycle (Essential)
  • In-depth knowledge and work experience of banking product and finance, and a strong understanding of the regulatory environment in the banking sector (Essential)
  • Demonstrated ability to effectively manage and control the workstream, ensuring it meets project requirements and timelines (Essential)
  • Strong understanding of the software development lifecycle and experience overseeing key stages from requirements gathering to development (Essential)
  • Excellent verbal and written communication skills, with the ability to present complex information clearly and effectively to diverse audiences (Essential)
  • Strong analytical and problem-solving skills with proactive approach to identifying issues and implementing solutions (Essential)
  • Ability to understand business user requirements (Essential)
  • Excellent business acumen and client facing skills (Essential)
  • Ability to work to tight timescales, be commercially aware, and work well within a team structure (Essential)
  • Technically and architecturally aware (Essential)
  • Knowledge of corporate banking systems (Essential)
  • Strong knowledge and experience of lending business, products and processes from a lender's perspective and as a loan servicing agent (Essential)
  • Experience with loan and lending platforms, particularly Loan IQ (Essential)
  • Strong comprehensive business process modeling skills covering in-house upstream and downstream systems (Essential)
  • Proficiency in integration architecture and business process documentation (e.g. BPMN, UML) (Essential)
  • Knowledge and experience with REST API, enterprise service bus, protocol (e.g. HTTPS, SFTP), message formats (e.g. XML, JSON), business objects modeling, and business rules definition (Essential)
  • Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities simultaneously (Desirable)
  • Ability to quickly react to situations whilst maintaining a high quality of work (Desirable)
  • Certified Business Analysis Professional (CBAP) or equivalent (Desirable)

Senior Lending Technology Business Analyst employer: ABeam Consulting UK Branch

As a leading player in the financial services sector, we pride ourselves on fostering a collaborative and innovative work culture that empowers our employees to excel. Our London office offers a dynamic environment where you can engage with global stakeholders, benefit from extensive professional development opportunities, and contribute to impactful projects like the Loan IQ implementation. Join us to be part of a team that values your expertise and supports your growth in the ever-evolving landscape of commercial banking technology.
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Contact Detail:

ABeam Consulting UK Branch Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Lending Technology Business Analyst

✨Tip Number 1

Familiarise yourself with Loan IQ and its functionalities. Understanding how this platform integrates with other systems will give you a significant edge during discussions with stakeholders and in workshops.

✨Tip Number 2

Brush up on your stakeholder management skills. Since the role requires effective communication across different regions, practice articulating complex ideas clearly to diverse audiences, which will be crucial in your interactions.

✨Tip Number 3

Gain insights into the regulatory environment of the banking sector. Being well-versed in compliance and regulations will not only help you understand the context of the projects but also demonstrate your expertise to potential employers.

✨Tip Number 4

Network with professionals in the lending technology space. Attend industry events or webinars to connect with others who have experience in similar roles, as they can provide valuable insights and potentially refer you to opportunities.

We think you need these skills to ace Senior Lending Technology Business Analyst

IT Business Analysis
Systems Integration
Commercial Banking Operations
Stakeholder Management
Software Development Lifecycle
Business Process Modelling
Integration Technology Knowledge
Project Management
Communication Skills
Analytical Skills
Problem-Solving Skills
Client Facing Skills
Technical Awareness
Lending Business Knowledge
Loan IQ Experience
BPMN and UML Proficiency
REST API Knowledge
Enterprise Service Bus Understanding
Message Format Familiarity (XML, JSON)
Ability to Work Under Pressure

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in IT business analysis and systems integration, particularly in the banking sector. Emphasise your familiarity with Loan IQ and any large-scale project delivery you've been involved in.

Craft a Compelling Cover Letter: In your cover letter, address how your skills align with the responsibilities of the role. Mention your experience in stakeholder management and your understanding of software development lifecycles, as these are crucial for this position.

Showcase Your Analytical Skills: Provide specific examples in your application that demonstrate your strong analytical and problem-solving skills. Highlight situations where you identified issues and implemented effective solutions, especially in complex environments.

Highlight Communication Skills: Since excellent communication is essential for this role, include examples of how you've effectively communicated complex information to diverse audiences. This could be through presentations, reports, or stakeholder meetings.

How to prepare for a job interview at ABeam Consulting UK Branch

✨Showcase Your Experience

Make sure to highlight your 8-10 years of experience in IT business analysis and systems integration. Be prepared to discuss specific large-scale projects you've delivered, especially those related to banking products and finance.

✨Demonstrate Stakeholder Management Skills

Since the role requires effective stakeholder management, come ready with examples of how you've engaged with diverse stakeholders in previous roles. Discuss how you ensured clear communication and alignment on project goals.

✨Understand the Software Development Lifecycle

Be prepared to discuss your understanding of the software development process and project life cycle. You might be asked to explain how you've overseen key stages from requirements gathering to development in past projects.

✨Prepare for Technical Questions

Given the technical nature of the role, brush up on your knowledge of integration architecture, REST APIs, and business process modelling. Be ready to discuss how you've applied these concepts in real-world scenarios.

Senior Lending Technology Business Analyst
ABeam Consulting UK Branch
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