Business Analyst

Business Analyst

Full-Time 45000 - 55000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Join our team as a Business Analyst and drive impactful change in financial services.
  • Company: Alpha Bank London, where people matter and connections thrive.
  • Benefits: Collaborative culture, career growth, and the chance to make a real difference.
  • Other info: Dynamic environment with opportunities for innovation and empowerment.
  • Why this job: Be hands-on in delivering high-quality solutions that shape the future of banking.
  • Qualifications: Degree in IT, Finance, or Business; relevant BA experience preferred.

The predicted salary is between 45000 - 55000 £ per year.

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 Financial Services 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. Relevant BA certifications desirable. 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

At Alpha Bank London, we pride ourselves on being more than just a bank; we are a community that values each individual for their unique contributions. Our vibrant work culture fosters collaboration and innovation, providing employees with ample opportunities for personal and professional growth. With a focus on making a positive impact in our communities and a commitment to excellence, joining our team as a Business Analyst means being part of a purpose-driven organisation where your efforts truly matter.

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Contact Details:

Alpha Bank London Recruitment 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 your application. Personal connections can give you insights that make you stand out.

Tip Number 2

Prepare for the interview by understanding the bank's culture and values. They’re all about connection and collaboration, so think of examples from your past where you’ve worked well in teams or made a positive impact. Show them you fit right in!

Tip Number 3

Practice your problem-solving skills! As a Business Analyst, you’ll need to analyse processes and suggest improvements. Try mock scenarios with friends or mentors to sharpen your analytical thinking and get comfortable with presenting your ideas.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining the team at Alpha Bank London. Let’s make your mark together!

We think you need these skills to ace Business Analyst

Business Analysis
Stakeholder Management
Process Analysis
Regulatory Compliance
Workshop Facilitation
Documentation Skills
Agile Methodologies

Some tips for your application 🫡

Show Your Passion:When writing your application, let your enthusiasm for the role shine through. We want to see that you’re not just looking for any job, but that you’re genuinely excited about joining our team and making a difference in the banking world.

Tailor Your CV:Make sure your CV is tailored to the Business Analyst role. Highlight your relevant experience in financial services and showcase your skills in business analysis, especially those that align with our needs. We love seeing how your background fits with what we do!

Be Clear and Concise:Keep your application clear and to the point. Use straightforward language and avoid jargon where possible. We appreciate well-structured applications that make it easy for us to see your qualifications and potential contributions.

Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re serious about joining our exceptional team at Alpha Bank London.

How to prepare for a job interview at Alpha Bank London

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 at all levels. Think of ways to demonstrate your ability to influence outcomes and facilitate effective workshops during the interview.