At a Glance
- Tasks: Join our Change team as a Business Analyst, driving impactful projects and ensuring quality delivery.
- Company: Alpha Bank London, where people matter and collaboration thrives.
- Benefits: Hybrid work model, supportive culture, and opportunities for personal growth.
- Other info: Dynamic environment with a focus on innovation and excellence.
- Why this job: Make a real difference in banking while building valuable connections.
- Qualifications: Experience in financial services and strong business analysis skills required.
The predicted salary is between 45000 - 55000 ÂŁ per year.
Working Pattern: Hybrid (minimum 3 days in the office including Wednesday as a core day)
Reports to: Senior Project Manager
About Us
We are not your run-of-the-mill bank. It's our people which makes us exceptional. Every individual here is valued - not just for what they do, but for who they are. We’ve built a culture rooted in purpose, passion, and a healthy dose of humanity. Joining Alpha Bank London isn’t just about a career - it’s about connection. You’ll collaborate with colleagues from all walks of life, building bonds that last and networks that matter. It’s this blend of international reach and local expertise that makes us strong. Whether you’re starting out or stepping up. You’ll find responsibility, variety, and experiences that go far beyond what a boutique bank or a corporate giant could offer alone. Together, we amplify ideas, share knowledge, and create impact. We believe in doing well and doing good. That means more than closing deals; it’s about making a difference for our clients, our communities, and each other. Because when one of us succeeds, we all succeed. Ready to make your mark? Let’s do it. Together.
The Role
We’re looking for a motivated Business Analyst to join our Change team. This is a hands‑on, delivery‑focused role combining business analysis with practical testing responsibilities to ensure changes are delivered safely into production. You’ll own analysis activities end to end, carry out process analysis, manage workstreams from initial idea through to go‑live, and support hands‑on testing to ensure high‑quality delivery. The role also requires close attention to UK regulatory expectations, ideally within a UK retail banking environment.
What You’ll Do
- Gather, clarify, and prioritise business requirements with stakeholders to support clear and achievable delivery
- Lead discovery workshops and deep‑dive sessions to understand processes, issues, and desired outcomes
- Define functional and non‑functional requirements, including regulatory, security, and control considerations
- Challenge assumptions, resolve ambiguity, and support practical decision‑making
- Analyse current‑state processes and design target‑state solutions, contributing to Target Operating Models
- Collaborate closely with SMEs, technology teams, and vendors to ensure end‑to‑end traceability from requirements through delivery
- Support testing and UAT by defining scenarios, supporting defect triage, and contributing to delivery sign‑off
- Identify opportunities for process and ways‑of‑working improvements and recommend pragmatic changes
- Support business readiness activities including communications, training, post‑implementation support, and benefits tracking
- Communicate confidently with stakeholders at all levels to build strong relationships and support change
What We’re Looking For
- Proven experience delivering change within Financial Services (banking preferred), with a strong understanding of operating in a regulated environment
- Familiar with FCA and PRA expectations, including delivering work that is audit‑ready day to day
- Strong experience in UK retail banking products, particularly current accounts and deposits; exposure to debit cards and home lending is an advantage
- Excellent core Business Analysis skills, including running workshops, asking the right questions, and producing clear, usable documentation
- Comfortable producing standard BA artefacts such as BRDs/user stories, acceptance criteria, traceability, As‑Is / To‑Be process maps, impact assessments, and training materials
- Solid understanding of end‑to‑end delivery across waterfall and/or agile environments, from initiation through build, test, release, and early life support
- Confident working with technology teams across locations and time zones, staying engaged through build to resolve issues and clarify requirements
- Willing and able to be hands‑on with testing, including defining the approach, writing and executing SIT/UAT scripts, managing defects, and supporting business sign‑off
- Familiar with testing discipline in regulated environments, including test plans, evidence, traceability, and quality gates
- Comfortable using delivery and analysis tools such as Jira, Confluence, Azure DevOps, Visio/Lucidchart, Figma, Excel, and basic SQL where helpful
- Naturally analytical, pragmatic, and well organised, with a strong eye for quality and the ability to manage competing priorities
- Clear communicator and confident facilitator, able to influence outcomes, run effective workshops, and take ownership through to delivery
Qualifications
Degree in IT, Finance, Business or related field, or proven experience. UK Financial Services experience strongly preferred.
Why Join Us?
At Alpha Bank London, our values shape everything we do:
- Innovation – Contribute ideas to improve processes and efficiency.
- Collaboration – Work closely with a supportive team to achieve shared goals.
- Excellence – Deliver accurate, high‑quality work that makes a difference.
- Delivery – See the results of your efforts in real‑time operations.
- Empowerment – Take ownership of your tasks and build skills for your next career step.
Business Analyst employer: Alpha Bank London Limited
Contact Detail:
Alpha Bank London Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Analyst
✨Tip Number 1
Network like a pro! Reach out to current employees at Alpha Bank London on LinkedIn. Ask them about their experiences and any tips they might have for the interview process. It’s all about making connections that can help us stand out!
✨Tip Number 2
Prepare for those interviews by practising common Business Analyst scenarios. Think about how you would gather requirements or lead a workshop. We want to show that we can hit the ground running and make an impact from day one!
✨Tip Number 3
Don’t forget to showcase our analytical skills! Bring examples of past projects where we’ve improved processes or delivered successful outcomes. This is our chance to shine and demonstrate how we can contribute to Alpha Bank's mission.
✨Tip Number 4
Finally, apply through our website! It’s the best way to ensure our application gets noticed. Plus, it shows we’re genuinely interested in being part of the Alpha Bank family. Let’s do this together!
We think you need these skills to ace Business Analyst
Some tips for your application 🫡
Be Yourself: When you're writing your application, let your personality shine through! We want to know who you are beyond your qualifications. Share your experiences and what makes you passionate about the role.
Tailor Your Application: Make sure to customise your application for the Business Analyst position. Highlight your relevant experience in financial services and any specific skills that match the job description. This shows us you’ve done your homework!
Showcase Your Skills: Don’t just list your skills; demonstrate them! Use examples from your past work to illustrate how you've successfully gathered requirements, led workshops, or supported testing. We love seeing practical applications of your abilities.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to navigate!
How to prepare for a job interview at Alpha Bank London Limited
✨Know Your Stuff
Make sure you brush up on your knowledge of UK retail banking products, especially current accounts and deposits. Familiarise yourself with FCA and PRA regulations, as this will show that you understand the environment you'll be working in.
✨Showcase Your Analytical Skills
Prepare to discuss your experience with business analysis. Be ready to share examples of how you've run workshops, gathered requirements, and produced clear documentation. Highlight any specific BA artefacts you've created, like user stories or process maps.
✨Be Hands-On with Testing
Since the role involves practical testing responsibilities, come prepared to talk about your experience with SIT/UAT scripts and defect management. If you have examples of how you've supported testing in a regulated environment, make sure to mention those!
✨Communicate Confidently
Practice your communication skills, as you'll need to build strong relationships with stakeholders. Think of ways to demonstrate your ability to influence outcomes and facilitate effective workshops during the interview.