At a Glance
- Tasks: Analyse business requirements and support regulatory change initiatives in a dynamic banking environment.
- Company: Albany Beck, a leading consultancy in financial services with a focus on transformation.
- Benefits: Competitive salary, professional development, and the chance to work on high-profile projects.
- Other info: Fast-paced environment with opportunities for career growth and collaboration across various functions.
- Why this job: Join a major banking transformation programme and make a real impact on regulatory readiness.
- Qualifications: Experience as a Business Analyst in Banking or Investment Banking with strong stakeholder management skills.
The predicted salary is between 63000 - 77000 £ per year.
Albany Beck is a specialist financial services consultancy, delivering expertise across Technology, Data, Risk & Compliance, Change & Transformation, and Operations.
We partner with leading financial services organisations to deliver complex projects and transformation initiatives through our experienced consultants.
Client Deployment Role Description
We are seeking an experienced Business Analyst to support a major strategic banking transformation programme focused on establishing a new regulated European banking entity.
This is a high-profile opportunity to join a multi-year programme working across Risk, Controls, Governance and Regulatory Change within a leading global investment bank.
The successful candidate will play a key role in supporting the design and implementation of the operational risk, governance and control frameworks required to establish and operate a fully regulated European banking entity.
Working closely with senior stakeholders across Risk, Compliance, Operations, Finance and Front Office functions, the Business Analyst will help define target operating models, document regulatory requirements, assess risks and controls, and support the delivery of key regulatory and governance capabilities.
not a technology-focused Business Analyst role .
The programme is centred on business change, regulatory readiness, operational risk management, governance, controls and legal entity mobilisation.
The ideal candidate will have experience delivering business-facing risk, controls, governance or regulatory change initiatives within Banking, Capital Markets or Investment Banking environments.
Key Responsibilities
- Gather, document and analyse business requirements across Risk, Controls, Governance and Regulatory workstreams.
- Support the development and implementation of operational risk and control frameworks.
- Conduct risk and control assessments, control mapping and gap analysis activities.
- Facilitate workshops with business stakeholders to identify risks, controls, dependencies and regulatory requirements.
- Document current-state and target-state processes, operating models and governance frameworks.
- Support Risk & Control Self-Assessments (RCSAs) and remediation initiatives.
- Analyse regulatory requirements and help translate them into business processes, controls and governance structures.
- Track actions, decisions, risks and issues across programme workstreams.
- Produce high-quality business analysis artefacts including requirements documents, process maps, governance documentation and stakeholder presentations.
- Support regulatory readiness, operational readiness and legal entity mobilisation activities.
- Collaborate with Project Managers, PMO teams and subject matter experts to ensure successful delivery of programme objectives.
- Assist with governance committees, working groups and programme reporting activities.
- Work with stakeholders across Risk, Compliance, Legal, Finance, Treasury and Operations functions.
- Key Skills & Experience
- Proven experience operating as a Business Analyst within Banking, Capital Markets or Investment Banking environments.
- Strong understanding of Operational Risk, Non-Financial Risk or Enterprise Risk Management frameworks.
- Demonstrable experience supporting Risk, Controls, Governance or Regulatory Change programmes.
- Experience conducting risk assessments, control mapping, control design reviews and gap analysis.
- Strong knowledge of Risk & Control Self-Assessments (RCSAs) and control framework development.
- Experience documenting business requirements, processes, controls and governance structures.
- Excellent stakeholder management skills with the ability to engage senior business stakeholders.
- Strong workshop facilitation, requirements gathering and business process analysis capabilities.
- Excellent communication, presentation and documentation skills.
- Strong analytical and problem-solving abilities.
- Ability to work independently within complex, fast-paced regulatory change environments.
- Experience supporting legal entity establishment, bank mobilisation or regulatory readiness programmes.
- Exposure to European banking regulation, ECB regulatory requirements, PRA/FCA regulations or cross-border banking initiatives.
- Experience working on major regulatory transformation programmes such as LIBOR, FRTB or enterprise-wide regulatory change initiatives.
- Knowledge of governance frameworks, policy management and regulatory oversight processes.
- Experience within Capital Markets, Global Markets or Investment Banking environments.
- Experience supporting operational readiness or target operating model design initiatives.
- Familiarity with risk and governance tooling or GRC platforms.
- Professional qualifications such as BCS Business Analysis, IRM, PRINCE2, CBAP or equivalent.
Business Analyst employer: Albany Beck
At Albany Beck, we pride ourselves on being an exceptional employer, offering a dynamic work environment in the heart of London or Birmingham with a hybrid working model. Our commitment to your professional growth is evident through our focus on learning and development, ensuring that you have the tools and support needed to thrive in your role as Head of Data & Customer Intelligence. Join us to be part of a collaborative culture that values customer-centric thinking and drives meaningful change within the Financial Services sector.
StudySmarter Expert Advice🤫
We think this is how you could land Business Analyst
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Albany Beck. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Business Analyst
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Albany Beck.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Albany Beck's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Albany Beck
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Albany Beck.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Albany Beck will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Albany Beck employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
