Associate Business Analyst

Associate Business Analyst

London Full-Time 28800 - 43200 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Create essential project documentation and support testing phases while collaborating with diverse teams.
  • Company: Join a dynamic digital banking environment focused on innovation and professional growth.
  • Benefits: Enjoy 25 days annual leave, private medical insurance, and flexible hybrid working options post-probation.
  • Why this job: Gain foundational experience in banking with opportunities to explore various career paths.
  • Qualifications: Bachelor's/Master's degree in Finance/Accounting/Engineering; 1-2 years relevant experience preferred.
  • Other info: Proactive candidates with strong analytical skills will thrive in this fast-paced role.

The predicted salary is between 28800 - 43200 £ per year.

Create high-quality Business Requirements Documents (BRDs), FRD/FSD and other essential project documentation. Actively participate in project testing phases, identifying and clearly documenting defects and assisting in their resolution. Support project activities, including tracking milestones, preparing status updates, and facilitating team communication. Collaborate closely with cross-functional teams including Operations, Marketing, Sales, Technology, and Compliance. Gain a strong understanding of banking products, card/payment solutions, and associated regulatory frameworks. Proactively contribute ideas and feedback to support continuous improvement in products and processes.

This role provides a foundational experience within digital banking, offering numerous opportunities for professional growth and development. Based on candidate's performance, interests, and skills development, there may be opportunities to explore and progress into various disciplines, including product management, project management, or other related career paths.

Requirements

  • Bachelors/Masters Degree in Finance/Accounting/Engineering.
  • Business analysis certification (preferred but not essential).
  • 1-2 years' experience as a business analyst-testing or banking product analyst role.
  • Strong analytical thinking, problem-solving, and organisational skills.
  • High level of intellectual curiosity, agility, and ability to learn rapidly.
  • Excellent interpersonal and communication skills (written and verbal).
  • Ability to manage multiple tasks, prioritise effectively, and remain composed under pressure.
  • Proactive attitude, demonstrating initiative and ownership of tasks.
  • Familiarity or interest in banking products, card/payment solutions, and regulatory environments is advantageous.
  • Proficiency with Microsoft Office tools (particularly Excel, Word, and PowerPoint).
  • Strong ability to thrive in a collaborative, very fast-paced environment.

Working Conditions

  • Full-time (9:00am to 5:30pm - Monday to Friday) presence in the London office during the probation period.
  • Post-probation flexible working options subject to performance review and managerial approval (remote working within the UK typically up to two days a week).

Benefits

  • 25 days annual leave entitlement plus 8 bank holidays.
  • Pension scheme, 4% employer contribution.
  • Private Medical Insurance.
  • 60-40 Hybrid working after successful probation period.
  • Training and development.
  • Free gym access in the building.

Associate Business Analyst employer: iFAST Global Bank Ltd

As an Associate Business Analyst at our London office, you will join a dynamic team that values collaboration and innovation in the fast-paced world of digital banking. We offer a supportive work culture with flexible working options post-probation, comprehensive training and development opportunities, and a range of benefits including private medical insurance and free gym access. With a focus on employee growth, you will have the chance to explore various career paths within the organisation, making this an excellent place for those seeking meaningful and rewarding employment.
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Contact Detail:

iFAST Global Bank Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Associate Business Analyst

✨Tip Number 1

Familiarise yourself with Business Requirements Documents (BRDs) and Functional Requirement Documents (FRDs). Understanding the structure and key components of these documents will help you demonstrate your knowledge during interviews and discussions.

✨Tip Number 2

Engage with online communities or forums related to business analysis and banking products. Networking with professionals in the field can provide insights into the role and may even lead to referrals.

✨Tip Number 3

Brush up on your analytical and problem-solving skills through practical exercises or case studies. Being able to showcase your thought process in tackling real-world scenarios can set you apart from other candidates.

✨Tip Number 4

Research StudySmarter's projects and initiatives. Understanding our company culture and current projects will allow you to tailor your conversations and show how you can contribute to our goals.

We think you need these skills to ace Associate Business Analyst

Business Requirements Documentation (BRD)
Functional Requirements Documentation (FRD/FSD)
Project Testing Participation
Defect Identification and Documentation
Milestone Tracking
Status Update Preparation
Cross-Functional Team Collaboration
Understanding of Banking Products
Knowledge of Card/Payment Solutions
Familiarity with Regulatory Frameworks
Continuous Improvement Contribution
Analytical Thinking
Problem-Solving Skills
Organisational Skills
Interpersonal Communication Skills
Written and Verbal Communication Skills
Task Management and Prioritisation
Proactive Attitude
Microsoft Office Proficiency (Excel, Word, PowerPoint)
Ability to Thrive in Fast-Paced Environments

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Associate Business Analyst role. Emphasise your analytical thinking, problem-solving abilities, and any experience with banking products or project documentation.

Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention specific experiences where you've created Business Requirements Documents or participated in project testing phases, and how these relate to the job description.

Highlight Relevant Skills: In your application, clearly outline your proficiency with Microsoft Office tools, particularly Excel, Word, and PowerPoint. Also, mention any business analysis certifications or relevant coursework that demonstrates your qualifications.

Showcase Team Collaboration: Provide examples of how you've successfully collaborated with cross-functional teams in previous roles. This could include experiences in tracking milestones, preparing status updates, or facilitating communication among team members.

How to prepare for a job interview at iFAST Global Bank Ltd

✨Understand the Role

Make sure you have a solid grasp of what an Associate Business Analyst does. Familiarise yourself with creating Business Requirements Documents (BRDs) and understand the importance of project documentation in the banking sector.

✨Showcase Your Analytical Skills

Prepare to discuss your analytical thinking and problem-solving abilities. Be ready to provide examples from your past experiences where you've successfully identified issues and contributed to solutions, especially in a fast-paced environment.

✨Demonstrate Communication Skills

Since this role involves collaboration with various teams, practice articulating your thoughts clearly. Highlight your interpersonal skills and give examples of how you've effectively communicated complex information to different stakeholders.

✨Research Banking Products

Gain a basic understanding of banking products and card/payment solutions. Being knowledgeable about these topics will not only impress your interviewers but also show your genuine interest in the industry.

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