Business Analyst

Business Analyst

London Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Prepare detailed documents and ensure compliance in business banking operations.
  • Company: Ascendion is a global leader in AI-first software engineering services.
  • Benefits: Work on exciting projects with opportunities for project extensions and referrals.
  • Why this job: Join a dynamic team driving digital transformation in the financial services sector.
  • Qualifications: Expertise in UK business banking and mobile platforms required.
  • Other info: Collaborate with innovative teams and enhance your skills in a fast-paced environment.

The predicted salary is between 36000 - 60000 £ per year.

Ascendion is looking to hire a Business Analyst with expertise in Business Banking and mobile banking platforms, ideally within the UK financial services landscape.

Key Responsibilities

  • Documentation: Prepare clear and detailed Business Requirement Documents (BRDs), Functional Specification Documents (FSDs), Use Cases, and Mobile App User Stories.
  • Business Banking Domain Expertise: Bring deep understanding of UK-specific business banking operations including onboarding, KYC/AML, CHAPS/BACS/Faster Payments, business loan servicing, and integration with accounting tools (e.g., Xero, Sage).
  • Compliance & Security: Ensure all features meet UK regulatory requirements such as FCA guidelines, PSD2, GDPR, and applicable anti-fraud and data protection standards.
  • Exposure to native mobile application development cycles (iOS and Android), either directly or in collaboration with mobile teams.
  • Ensure adherence to UK-specific financial regulations such as FCA, PSD2, Open Banking, APP Scam Codes, and GDPR, especially where customer data and transactional services are involved.

About Us: Ascendion is a global, leading provider of AI-first software engineering services, delivering transformative solutions across North America, APAC, and Europe. We are headquartered in New Jersey. We combine technology and talent to deliver tech debt relief, improve engineering productivity solutions, and accelerate time to value, driving our clients’ digital journeys with efficiency and velocity. Guided by our “Engineering to the power of AI” [EngineeringAI] methodology, we integrate AI into software engineering, enterprise operations, and talent orchestration, to address critical challenges of trust, speed, and capital.

With Ascendion, you will get to work on numerous challenging and exciting projects on our various offerings including Salesforce, AI/Data Science, Generative AI/ML, Automation, Cloud Enterprise and Product/Platform Engineering. At Ascendion you have high chances of project extension or redeployment to other clients. Additionally, you can also share CV of anyone you know. We have a referral policy in place.

Business Analyst employer: Ascendion

Ascendion is an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration within the UK financial services sector. Employees benefit from engaging in cutting-edge projects, ample opportunities for professional growth, and a supportive environment that values compliance and security in business banking. With a strong emphasis on AI-driven solutions and a commitment to employee development, Ascendion stands out as a rewarding place to build a meaningful career.
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Contact Detail:

Ascendion Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Business Analyst

Tip Number 1

Familiarise yourself with the UK financial services landscape, especially in business banking. Understanding key concepts like KYC/AML and payment systems such as CHAPS and BACS will give you an edge during interviews.

Tip Number 2

Network with professionals in the business banking sector. Attend industry events or join online forums to connect with others who can provide insights or even refer you to opportunities at Ascendion.

Tip Number 3

Stay updated on UK regulatory requirements like FCA guidelines and GDPR. Being knowledgeable about compliance issues will demonstrate your commitment to the role and the importance of security in financial services.

Tip Number 4

If you have experience with mobile app development cycles, highlight this in conversations. Discussing your familiarity with iOS and Android platforms can set you apart from other candidates.

We think you need these skills to ace Business Analyst

Business Analysis
Documentation Skills
Business Requirement Documentation (BRD)
Functional Specification Documentation (FSD)
Use Case Development
Mobile App User Story Creation
Knowledge of UK Business Banking Operations
Onboarding Processes
KYC/AML Compliance
CHAPS/BACS/Faster Payments Knowledge
Business Loan Servicing
Integration with Accounting Tools (e.g., Xero, Sage)
Understanding of FCA Guidelines
Knowledge of PSD2 Regulations
GDPR Compliance
Anti-Fraud Standards
Data Protection Standards
Exposure to Mobile Application Development Cycles (iOS and Android)
Collaboration with Mobile Teams
Adaptability to Regulatory Changes
Strong Communication Skills

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities of a Business Analyst at Ascendion. Familiarise yourself with the specific requirements related to business banking and mobile banking platforms in the UK.

Tailor Your CV: Customise your CV to highlight your experience in business banking operations, compliance with UK regulations, and any relevant projects involving mobile app development. Use keywords from the job description to make your application stand out.

Craft a Compelling Cover Letter: Write a cover letter that showcases your expertise in the business banking domain and your understanding of UK-specific regulations. Mention how your skills align with Ascendion's mission and the role's requirements.

Proofread Your Application: Before submitting, carefully proofread your application materials for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a Business Analyst role.

How to prepare for a job interview at Ascendion

Understand the Business Banking Landscape

Familiarise yourself with UK-specific business banking operations, including onboarding processes and compliance regulations. Being able to discuss these topics confidently will demonstrate your expertise and suitability for the role.

Prepare Relevant Documentation Samples

Bring examples of Business Requirement Documents (BRDs) or Functional Specification Documents (FSDs) you've created in the past. This will showcase your ability to produce clear and detailed documentation, which is crucial for the role.

Showcase Your Compliance Knowledge

Be ready to discuss how you ensure adherence to UK regulatory requirements like FCA guidelines and GDPR. Highlight any previous experiences where you successfully navigated compliance challenges in your projects.

Demonstrate Mobile App Development Awareness

If you have experience with mobile application development cycles, mention it during the interview. Discussing your collaboration with mobile teams or your understanding of iOS and Android platforms can set you apart from other candidates.

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