At a Glance
- Tasks: Lead business analysis for custody tax and regulatory reporting initiatives.
- Company: Albany Beck, a consultancy focused on financial services solutions.
- Benefits: Competitive salary, professional development, and collaborative work environment.
- Other info: Fast-paced environment with opportunities for growth and learning.
- Why this job: Join a dynamic team and make an impact in financial services.
- Qualifications: Strong business analysis experience in financial services and stakeholder management skills.
The predicted salary is between 70000 - 90000 £ per year.
About Albany Beck
Albany Beck is a consultancy dedicated to delivering tailored talent and operational solutions to clients across Financial Services and beyond. We partner with leading financial institutions to provide specialist consulting, transformation, and delivery expertise across complex regulatory and operational programmes. Our collaborative model places experienced professionals into high-impact engagements, helping clients navigate change, mitigate risk and deliver strategic outcomes.
Role Overview
Albany Beck are hiring for a Senior Business Analyst to sit within a large-scale custody tax and regulatory remediation programme and support the delivery of key reporting and compliance initiatives across institutional and wealth management servicing operations. Successful candidates will work closely with senior stakeholders across implementation, custody tax, programme delivery, operations, and technology teams to gather requirements, analyse complex data sets, support reporting remediation activities and contribute to strategic programme delivery. This role requires strong financial services business analysis experience, ideally within custody, asset servicing, wealth management or regulatory reporting environments.
Key Responsibilities
- Business Analysis & Requirements Gathering
- Lead requirements gathering activities across tax and regulatory reporting workstreams
- Translate regulatory and business requirements into detailed functional documentation
- Facilitate workshops and stakeholder discussions across implementation and programme teams
- Support delivery planning and programme execution activities
- Contribute to remediation workstreams through detailed analysis and reporting support
- Data Analysis & Regulatory Reporting
- Analyse complex custody, transactional, and client data sets
- Support delivery of tax and regulatory reporting obligations
- Validate reporting outputs and investigate reporting discrepancies
- Analyse complex transaction types, including repo activity and institutional client structures
- Support reporting remediation and regulatory compliance initiatives
- Testing & Delivery Support
- Participate in testing phases, including external client testing activities
- Support reporting validation and reconciliation activities
- Assist with defect management and issue resolution throughout delivery cycles
- Work closely with technology and operational teams to ensure successful implementation outcomes
- Stakeholder Management
- Partner with senior stakeholders across custody tax, implementation, programme delivery, operations, and technology
- Provide leadership within workshops, requirement discussions, and programme meetings
- Manage challenging stakeholder environments effectively
- Escalate risks, issues, and dependencies appropriately throughout programme delivery
Key Skills & Experience
- Experience
- Strong Business Analysis experience within Financial Services
- Experience within custody, wealth management, institutional asset servicing, or banking environments
- Experience supporting regulatory change, remediation, or transformation programmes
- Strong stakeholder management experience across business and technology teams
- Experience supporting testing, reporting validation, and implementation activities
- Regulatory & Domain Knowledge
- Strong understanding of: Withholding Tax, CRS, FATCA, Tax Reporting, Regulatory Reporting, Custody-related reporting obligations
- Experience analysing: Client data, Transactional data, Complex transaction types, including repo activity
- Exposure to: Trade booking processes, Regulatory reporting frameworks, Institutional and complex trust/partnership client structures
- Technical Skills
- Strong data analysis capability
- Experience producing functional and business requirements documentation
- Understanding of reporting and reconciliation processes
- Experience working with complex data-driven environments
- ADO (Azure DevOps) proficiency preferred
- Xceptor experience preferred
- Soft Skills
- Strong communication and stakeholder management skills
- Ability to operate effectively in fast-paced programme environments
- Proactive and delivery-focused mindset
- Strong analytical and problem-solving capability
- Ability to work under pressure and manage competing priorities
- Collaborative and adaptable approach
- Confident engaging with senior stakeholders and leadership teams
Senior Business Analyst - Custody Tax in Slough employer: Albany Beck
Albany Beck is an exceptional employer that fosters a collaborative and dynamic work culture, where experienced professionals are empowered to make a significant impact on high-stakes financial services projects. With a strong focus on employee growth, we offer tailored training and development opportunities, ensuring our team members thrive in their careers while contributing to meaningful regulatory and operational transformations. Located in a vibrant financial hub, our employees benefit from a stimulating environment that encourages innovation and strategic thinking.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Business Analyst - Custody Tax in Slough
✨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 Senior Business Analyst - Custody Tax in Slough
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.