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- Tasks: Join our Payments Team to optimise payment processes and collaborate on innovative solutions.
- Company: Avaloq, a leading wealth management technology provider with a global presence.
- Benefits: Flexible working, hybrid options, and a supportive work culture.
- Why this job: Make a real impact in the payments industry while developing your career.
- Qualifications: Experience in business analysis, preferably in Payments, with knowledge of industry regulations.
- Other info: Diverse and inclusive environment with excellent growth opportunities.
The predicted salary is between 36000 - 60000 £ per year.
Founded and headquartered in Switzerland, Avaloq is continuously expanding its global footprint with around 2,500 colleagues in 10 countries, and more than 170 clients in 35 countries. We are an industry-leading provider of wealth management technology and services for financial institutions around the world, including private banks and wealth managers, investment managers, as well as retail and neo banks. Our research-led approach and continual innovation is powered by the passion and creativity of our colleagues.
This is a wonderful opportunity to join our Edinburgh-based Payments Team as a Business Analyst. You will collaborate with software engineers and business analysts around the world to build high-quality solutions to support our existing and future clients.
You will play an important role in helping our organisation to optimise payment processes, analyse and address customer issues and gather new requirements, while ensuring compliance with industry regulations. You will work closely with cross-functional teams to develop solutions to meet market demands. Following Agile methodologies, you will also collaborate with product owners and software engineers to design, develop, test and maintain functionality within the team's remit.
- Evaluating and analysing payment processes to identify areas for improvement and efficiency.
- Understanding business requirements, translating them into payment solutions and documenting them in our internal tools (JIRA, Confluence, Service Request platform).
- Designing and building functionalities in collaboration with developers during implementation and testing phases of new features and bug fixes.
- Staying up-to-date on payment industry regulations and standards.
- Troubleshooting customer issues and internal requests, plus providing help resolving issues and answering questions.
- Managing client interaction during testing, overseeing bug fixing and potential change requests.
Qualifications
- Proven track record working in business analysis, ideally in Payments or Cards industry and Agile environments.
- Knowledge of payment transaction products (e.g. transfers, direct debits, card processing) with a familiarity with payment industry regulations (e.g. ISO20022, CBPR+, SEPA, PSD2).
- Logical and analytical approach to problem-solving.
- Experience with applications such as JIRA or Confluence.
It would be a real bonus if you have:
- An inquisitive approach to learning.
- Experience working as part of a global team with different nationalities and cultures.
- University degree in Economics, Business, Finance, or alternatively, Computer Science, Engineering or Mathematics.
- An interest in software development, Banking or Economics.
We realize that managing work-life balance is a challenge we all face in our daily lives and in order to support with this we are pleased to offer hybrid and flexible working for most of our Avaloqers to maintain work-life balance and still continue our fantastic Avaloq culture in our global offices.
In Avaloq we are proud to embrace diversity and understand the success of our business is built on the power of different opinions. We are wholeheartedly committed to fostering an equal opportunity environment and inclusive culture where you can be your true authentic self.
Business Analyst - Payments in Edinburgh employer: Avaloq Group
Contact Detail:
Avaloq Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Analyst - Payments in Edinburgh
✨Tip Number 1
Network like a pro! Reach out to current employees at Avaloq on LinkedIn or other platforms. Ask them about their experiences and any tips they might have for landing a role in the Payments Team.
✨Tip Number 2
Prepare for your interview by brushing up on payment industry regulations and Agile methodologies. Show us you know your stuff and can talk confidently about how you’d tackle real-world problems in the payments space.
✨Tip Number 3
Don’t just focus on your technical skills; highlight your soft skills too! Being a great communicator and team player is key in our collaborative environment, so share examples of how you've worked well with others.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows us you’re genuinely interested in joining our mission at Avaloq.
We think you need these skills to ace Business Analyst - Payments in Edinburgh
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Business Analyst role in Payments. Highlight your experience with payment processes and Agile methodologies, as this will show us you understand what we're looking for.
Showcase Your Skills: Don’t just list your skills; demonstrate them! Use specific examples from your past work that relate to the job description. This helps us see how you can contribute to our team.
Be Clear and Concise: When writing your application, keep it clear and to the point. We appreciate straightforward communication, so avoid jargon unless it's relevant to the payments industry.
Apply Through Our Website: We encourage you 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’s super easy!
How to prepare for a job interview at Avaloq Group
✨Know Your Payments Inside Out
Make sure you brush up on your knowledge of payment transaction products and industry regulations like ISO20022 and PSD2. Being able to discuss these topics confidently will show that you're not just interested in the role, but that you understand the landscape you'll be working in.
✨Showcase Your Analytical Skills
Prepare examples from your past experiences where you've successfully identified areas for improvement in payment processes. Use the STAR method (Situation, Task, Action, Result) to structure your answers, making it easy for the interviewers to see your logical and analytical approach to problem-solving.
✨Familiarise Yourself with Agile Methodologies
Since the role involves working in Agile environments, be ready to discuss your experience with Agile practices. Think about how you've collaborated with cross-functional teams in the past and be prepared to share specific instances where you contributed to successful project outcomes.
✨Engage with the Team Spirit
Avaloq values collaboration, so during the interview, express your enthusiasm for working in diverse teams. Share any experiences you've had working with colleagues from different cultures or backgrounds, and highlight how you can contribute to a supportive and flexible work environment.