Junior Business Analyst

Junior Business Analyst

Full-Time 25650 - 31350 £ / year (est.) On-site
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At a Glance

  • Tasks: Support business operations and drive process improvements in financial services.
  • Company: Albany Beck, a dynamic management consultancy focused on transformative solutions.
  • Benefits: Meaningful career opportunities, professional development, and a commitment to your learning journey.
  • Other info: Exciting environment with opportunities for growth in business analysis and operations.
  • Why this job: Join a passionate team and make a real impact in the financial services sector.
  • Qualifications: Strong analytical skills and proficiency in Microsoft 365 tools.

The predicted salary is between 25650 - 31350 £ per year.

Albany Beck is a specialist Financial Services Consultancy helping institutions deliver complex change and transformation while building the internal capability to sustain it. We combine subject matter expertise with innovative delivery models that help clients scale efficiently, while offering meaningful, long-term career opportunities to our people. At Albany Beck, you’ll be choosing to work with an organisation that’s passionate about your learning journey and committed to your professional and personal development.

Summary

We are looking for a motivated and analytical Junior Business Analyst to support the delivery of business and change initiatives across the organisation. The role will involve working closely with Product Owners, Change Managers, operational stakeholders, and delivery teams to understand business needs, identify opportunities for improvement, and translate requirements into practical solutions.

The successful candidate will support the analysis of business processes, customer journeys, operational issues, and potential change initiatives. They will help capture and document functional and non‑functional requirements, assess business and change impacts, support backlog prioritisation, and contribute to the development of solution options.

This role is suited to someone who is curious, organised, commercially aware, and comfortable working in a fast‑paced environment. Strong communication and stakeholder management skills are essential, alongside an ability to analyse information, understand complex business processes, and use data to support fact‑based decision making.

The Junior Business Analyst will also contribute to governance, risk, compliance, testing, implementation, and post‑implementation activities, gaining broad exposure to business analysis and change delivery within a regulated environment.

Key Responsibilities

  • Provide design thinking and expert knowledge supporting deliverables that underpin our strategy.
  • Help to develop optimal business solutions that deliver customer‑centric outcomes as well as scale and efficiency within the enterprise.
  • Responsible for investigating operational issues, problems, and new opportunities. Finds and presents effective business solutions through improvements in aspects of business operations and business systems.
  • Recommend improvements / solutions to problems to the Product Owner that are in line with Value Stream objectives.
  • Assess team backlog and provide clarifications and business insight into potential work items based on an in‑depth understanding of the business situation / context.
  • Evaluate and provide assessment and alignment of potential work items in the backlog to VS objectives and key results, specifying realistic target contributions to specific OKRs.
  • Support the Product Owner to prioritise the team backlog by providing insight based on business knowledge, investigations, and analysis.
  • Provide initial high‑level options for solution design, factoring feasibility (commercial, business, technical, delivery, etc.) and business / change impact.
  • Build and maintain an understanding of the end‑to‑end business context around the product / services, including customer journeys.
  • Build and maintain relationships with key operational stakeholders who use or are impacted by the product / services.
  • Understand any business and policy constraints that need to be considered and assess the implications.
  • Perform additional detailed E2E analysis (eligibility, touchpoints, integrations, dependencies, operational needs, security, regulatory & compliance requirements) where required.
  • Assess and document the business / change impact of potential work items in the backlog on all teams (both upstream and downstream), factoring in known external items, seasonal issues, other operational concerns, existing or committed work items, and other delivery dependencies.
  • Capture and document functional requirements through various discovery activities (customer data assessment, stakeholder interviews, journey flows, including unhappy paths, business rules, etc.).
  • Identify and document relevant non‑functional requirements (based on regulatory requirements, accessibility standards, compliance and risk controls, technical standards, etc.).
  • Support Senior Change Managers in collaborating with Product Owners and the Testing Manager to ensure clearly defined criteria for acceptance are in place and that all aspects of testing are successfully completed prior to implementation (including UAT, Post Implementation Validation and benefits tracking).

Requirements (Skills/Experience):

  • Work experience in dynamic and fast‑paced environments, and/or other high‑growth businesses in the Financial Services and/or Technology industries.
  • Be culturally sensitive and passionate about building and working with diverse teams.
  • A strategic thinker with strong execution skills and a proven ability to apply change management principles and methodologies to drive change in a regulated environment.
  • An understanding of governance principles, best practice, and legal and regulatory requirements, with a proven ability to identify risks associated with large‑scale change and transformation initiatives.
  • Ability to think at a strategic level while simultaneously rolling up the sleeves to solve key opportunities and problems.
  • Strong communication, presentation, and interpersonal skills.
  • Ability to juggle multiple projects while maintaining impeccable judgement and attention to detail.
  • Excellent business and financial acumen, and the ability to find and use data and analysis effectively to assist in fact‑based decision‑making.
  • Appetite and curiosity for exploration and keeping up to date with market and industry trends.
  • Strong technical aptitude and ability to quickly learn new products, lines of business, processes, software, systems, and client needs.
  • Ability to build strong relationships with a broad set of stakeholders across all levels within the organisation, as well as with key outside partners.

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Junior 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.

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Contact Details:

Albany Beck Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Junior Business Analyst

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We think you need these skills to ace Junior Business Analyst

Analytical Skills
Attention to Detail
Stakeholder Engagement
Process Improvement
Data Analysis
Microsoft Excel
Microsoft PowerPoint

Some tips for your application 🫡

Highlight Your Analytical Skills:In the business intelligence field, showcasing your analytical skills is a must. Make sure your CV includes relevant experience with data analysis tools, programming languages like SQL or Python, and any projects where you've interpreted complex data sets to drive business decisions.

Showcase Your Business Acumen:Don't just focus on data; show us how you can apply your insights to real-world business problems. Highlight projects where you made a tangible impact on company performance, and be prepared to explain your thought process in your cover letter.

Tailor Your Documents for Us:When applying for a full-time role at Albany Beck, tailor your CV and cover letter to reflect our organisational goals and strategies. Mention specific tools and methodologies that align with what we do—this shows you’ve done your homework and are genuinely interested in our mission!

Include Relevant Certifications:Certifications like Google Data Analytics or similar qualifications can really make you stand out in business intelligence. Include these in your application, as they demonstrate your commitment to the field and your willingness to stay current with industry standards.

How to prepare for a job interview at Albany Beck

✨Show off your analytical skills

In a business intelligence role, you're going to need to demonstrate your analytical prowess. Be prepared to discuss specific tools you've used, like SQL, Tableau, or Power BI. Have real-world examples ready where you’ve turned data into actionable insights – this is what makes us shine in interviews!

✨Practice your technical know-how

Expect some technical questions during the interview that dive deep into your understanding of data modelling and analytics frameworks. Brush up on your knowledge of data warehousing concepts and be ready to tackle any real case scenarios they might present. They’ll want to see how you approach problems using your BI toolkit.

✨Portfolio of Projects

Since it's a full-time role, having a strong portfolio is key! Compile case studies demonstrating your previous projects, preferably showing how your insights led to business improvements. This can help us display how you think through complex datasets and your problem-solving process, which is what employers are keen on seeing.

✨Know their business model

Get familiar with Albany Beck’s business model and recent data-driven decisions. Be prepared to discuss how your skills can specifically support their objectives or challenges. Understanding their landscape shows that you’re not just a data buff, but you’re also genuinely interested in how BI can impact their bottom line.