At a Glance
- Tasks: Lead business analysis for core banking transformation and deliver innovative solutions.
- Company: Capco, a forward-thinking consultancy in banking and payments.
- Benefits: Competitive salary, bonuses, health insurance, and flexible holiday options.
- Other info: Access to continuous learning and a dedicated Business Coach from day one.
- Why this job: Join a dynamic team shaping the future of financial services with AI and emerging tech.
- Qualifications: Experience in core banking analysis and strong stakeholder management skills.
The predicted salary is between 69750 - 85250 £ per year.
Location: London (Hybrid) | Practice Area: Banking & Payments | Type: Permanent
Drive the next generation of banking transformation through product-led delivery, intelligent automation, and AI-enabled ways of working.
The Role
Capco is looking for an experienced Business Analyst with deep Core Banking expertise to join our Banking & Payments practice. Working with leading retail, commercial, and challenger banks, you will help shape and deliver complex transformation programmes across core banking platforms, products, and customer journeys. This role is ideal for a Business Analyst who combines strong analysis skills with a product-oriented mindset. You will work closely with business stakeholders, engineers, architects, and product teams to define and deliver solutions that create measurable business value. As AI continues to reshape financial services, you'll also help clients adopt AI-enabled ways of working that enhance decision-making, streamline processes, and accelerate delivery.
What You’ll Do
- Lead business analysis activities across core banking transformation initiatives, from discovery through to implementation.
- Define business capabilities, customer journeys, operating processes, and requirements for banking products and platform modernisation programmes.
- Partner with Product Owners and delivery teams to manage backlogs, refine priorities, and translate strategic objectives into actionable user stories and requirements.
- Apply AI-enabled tools and techniques to improve analysis, process modelling, requirements management, and stakeholder collaboration.
- Facilitate workshops and engage stakeholders across business, operations, technology, risk, and change functions to drive alignment and delivery success.
What We’re Looking For
- Proven experience delivering business analysis within Core Banking transformation programmes.
- Strong understanding of banking products and capabilities including current accounts, savings, lending, mortgages, payments, customer servicing, or onboarding.
- Experience working in Agile delivery environments with responsibility for requirements definition, backlog management, user stories, and acceptance criteria.
- Demonstrable product understanding with the ability to think beyond requirements and focus on customer outcomes, business value, and commercial objectives.
- Excellent stakeholder management and communication skills, with the ability to influence and challenge constructively across multiple levels of an organisation.
Bonus Points For
- Experience performing Product Owner responsibilities or working closely within product-led operating models.
- Knowledge of modern core banking platforms, cloud-native architectures, APIs, open banking, or Banking-as-a-Service ecosystems.
- Practical experience using AI-powered tools to support business analysis, product management, delivery, or operational decision-making.
Why Join Capco
- Work on some of the most significant banking and payments transformation programmes in the market.
- Collaborate with product, business, and technology specialists in a flat, entrepreneurial consulting environment.
- Help clients unlock value through emerging technologies, digital transformation, and AI-enabled innovation.
- Access continuous learning, industry certifications, and a dedicated Business Coach from day one.
- Be part of a growing Banking & Payments practice helping shape the future of financial services.
Benefits
- Core Benefits: Discretionary bonus, competitive pension, health insurance, life insurance and critical illness cover.
- Mental Health: Easy access to CareFirst, Unmind, Aviva consultations, and in-house first aiders.
- Family-Friendly: Maternity, adoption, shared parental leave, plus paid leave for sickness, pregnancy loss, fertility treatment, menopause, and bereavement.
- Family Care: 8 complimentary backup care sessions for emergency childcare or elder care.
- Holiday Flexibility: 5 weeks of annual leave with the option to buy or sell holiday days based on your needs.
- Continuous Learning: Minimum 40 Hours of Training Annually through workshops, certifications and e-learning, plus a dedicated Business Coach from Day One.
- Healthcare Access: Convenient online GP services.
- Extra Perks: Gympass (Wellhub), travel insurance, Tastecard, season ticket loans, Cycle to Work, and dental insurance.
Inclusion at Capco
We’re committed to making our recruitment process accessible and straightforward for everyone. If you need any adjustments at any stage, just let us know – we’ll be happy to help. We value each person’s unique perspective and contribution. At Capco, we believe that being yourself is your greatest strength. Our #BeYourselfAtWork culture encourages individuality and collaboration – a mindset that shapes how we work with clients and each other.
Business Analyst - Core Banking employer: Aplaro Ltd
Baringa is an exceptional employer that fosters a collaborative and innovative work culture, particularly in the vibrant Energy & Infrastructure sector. With a strong focus on employee development, you will have access to numerous growth opportunities while working alongside industry experts on impactful projects that shape the future of energy and utilities. Located in a dynamic environment, Baringa offers a unique chance to engage with diverse clients and contribute to meaningful change in the renewable infrastructure landscape.
StudySmarter Expert Advice🤫
We think this is how you could land Business Analyst - Core Banking
✨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 Aplaro Ltd. 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 - Core Banking
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 Aplaro Ltd.
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 Aplaro Ltd'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 Aplaro Ltd
✨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 Aplaro Ltd.
✨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 Aplaro Ltd 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 Aplaro Ltd 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.
