At a Glance
- Tasks: Lead risk management initiatives and enhance operational resilience in financial services.
- Company: Dynamic consulting firm focused on innovation and transformation.
- Benefits: Competitive salary, professional development, and collaborative work culture.
- Other info: Exciting projects in AI, risk management, and digital transformation await you.
- Why this job: Make a real impact by solving complex business problems with emerging technologies.
- Qualifications: 2-6 years in business analysis, strong analytical skills, and stakeholder management.
The predicted salary is between 69750 - 85250 £ per year.
About the Role
We are looking for a Management Consultant Business Analyst with 2–6 years' experience to support complex risk, resilience, governance, and transformation initiatives within large financial services organisations.
This role is ideal for someone who combines strong business analysis capability with an interest in operational risk, third-party risk management, controls, process improvement, and emerging technologies.
You will work alongside business, risk, operations, and technology teams to help shape and deliver strategic change programmes that strengthen risk management frameworks and improve operational resilience.
Key Responsibilities
- Lead requirements gathering activities through workshops, interviews, and stakeholder engagement sessions.
- Document functional and non-functional requirements, user stories, process maps, and business cases.
- Analyse current ("As-Is") business processes and design future-state ("To-Be") solutions.
- Conduct gap analysis to identify improvement opportunities, risks, and control enhancements.
- Ensure requirements are traceable through design, development, testing, and implementation.
- Risk & Control Framework Enhancement
- Support the review, development, and implementation of risk management frameworks, policies, standards, and procedures.
- Assist in defining and embedding risk metrics and performance measures.
- Assess existing controls and identify opportunities to strengthen governance and risk management processes.
- Ensure solutions align with regulatory requirements and internal governance standards.
- Third-Party Risk & Resilience Programmes
- Support strategic risk and resilience initiatives, including supplier and third-party risk management transformations.
- Contribute to the enhancement of third-party management frameworks, policies, standards, and controls.
- Help drive consistency in how risk processes are implemented and adopted across business functions.
- Support the delivery of operational resilience and business risk initiatives.
- Digital, Data & AI-Enabled Transformation
- Work closely with technology, data, and development teams to deliver innovative risk solutions.
- Translate business requirements into clear technical specifications.
- Support the development of AI-enabled tools that improve access to policies, procedures, and risk guidance.
- Drive improvements in user experience and business adoption through technology-enabled solutions.
- Stakeholder Management & Change Delivery
- Build strong relationships across business, risk, operations, compliance, and technology functions.
- Facilitate workshops and working groups to define requirements and validate solutions.
- Support project and programme delivery activities across Agile, Waterfall, or hybrid environments.
- Communicate progress, risks, issues, and recommendations to stakeholders at all levels.
Skills & Experience
- 2–6 years' experience as a Management Consultant in a Business Analysis role.
- Experience working within financial services, consulting, risk, regulatory, or transformation environments.
- Strong requirements elicitation, documentation, and stakeholder management skills.
- Experience with process mapping, process redesign, and gap analysis.
- Excellent analytical and problem-solving capabilities.
- Ability to translate complex business problems into practical solutions.
- Strong written and verbal communication skills.
- Desirable
- Exposure to Operational Risk, Third-Party Risk Management (TPRM), Resilience, Controls, or Governance programmes.
- Experience developing or reviewing policies, procedures, and standards.
- Experience supporting AI, automation, data, or digital transformation initiatives.
- Familiarity with Jira, Confluence, Visio, Power BI, SQL, or similar tools.
- Understanding of Agile delivery methodologies.
We're interested in individuals who are
- Naturally curious and analytical.
- Comfortable working with both business and technical stakeholders.
- Passionate about solving complex business problems.
- Proactive, collaborative, and delivery-focused.
- Interested in the intersection of risk management, business transformation, and emerging technology.
- Looking to take the next step in their consulting or business analysis career.
- Example Project Exposure
Successful candidates may have the opportunity to support
- Third-party risk and supplier oversight transformation programmes.
- Development of risk management policies, standards, procedures, and metrics.
- Operational resilience and governance initiatives.
- AI-enabled solutions designed to improve access to risk and compliance guidance.
- Business process optimisation and change delivery across complex financial services organisations.
This role offers an excellent opportunity to combine business analysis expertise with risk transformation, governance, operational resilience, and digital innovation in a fast-paced consulting environment.
NFR Business Analyst in London employer: Be Shaping the Future Management Consulting
As a leading consulting firm, we pride ourselves on fostering a dynamic work culture that encourages innovation and collaboration. Our employees benefit from comprehensive professional development opportunities, competitive compensation packages, and a supportive environment that values diversity and inclusion. Located in the heart of the financial services sector, our team is at the forefront of transformative projects, allowing you to make a meaningful impact while advancing your career in a rapidly evolving industry.
Contact Details:
Be Shaping the Future Management Consulting Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land NFR Business Analyst in London
✨Tip Number 1: Get Involved in Consulting Case Competitions
Look for case competitions hosted by universities and consulting firms. They’re a fab way to showcase your problem-solving skills and meet industry players. Plus, winning one can seriously boost your CV, which we know is key when applying for roles like NFR Business Analyst at Be Shaping the Future Management Consulting!
✨Tip Number 2: Leverage Alumni Networks
Tap into your university’s alumni network; many consultants love to help out new talent. Reach out to alumni who are working in management consulting, they might have insider knowledge about openings at firms like Be Shaping the Future Management Consulting or be willing to refer you for that NFR Business Analyst position!
✨Tip Number 3: Attend Industry Events and Conferences
Keep an eye on management consulting events, workshops, or panels. These are prime opportunities to network with top professionals and get your name out there. You might even bump into someone from Be Shaping the Future Management Consulting who’s on the lookout for their next NFR Business Analyst star!
✨Tip Number 4: Polish Your Consulting Skills Online
Engage with online platforms that offer consulting simulations or courses. Prove your chops by completing relevant projects — this not only beefs up your experience but also gives you concrete examples to chat about during interviews for that full-time NFR Business Analyst role at Be Shaping the Future Management Consulting!
We think you need these skills to ace NFR Business Analyst in London
Some tips for your application 🫡
Show Your Problem-Solving Skills:In management consulting, it's all about problem-solving—so make sure your CV highlights your analytical and critical thinking skills. Include examples from your studies or previous roles where you tackled complex issues or came up with innovative solutions. Quantify your achievements whenever possible to demonstrate your impact!
Tailor Your Cover Letter:Your cover letter is your chance to explain why you're a perfect fit for the consulting world. Focus on your motivation for joining the industry and how your skills align with the requirements of the role at Be Shaping the Future Management Consulting. Remember to mention any relevant coursework or projects that showcase your understanding of strategic frameworks or business models!
Highlight Team Experience:Consultants often work in teams, so it's vital to showcase your collaborative skills. Include experiences where you've worked effectively with others, whether in academic group projects or internships. Discuss your role in the team and how you helped achieve common goals, demonstrating you can thrive in a consultancy environment.
Professionalise Your Online Presence:Make sure your LinkedIn and any other professional profiles are up to date, reflecting your career aspirations in management consulting. Connect with industry professionals and follow relevant groups—show you’re serious about entering this field. Applying through our website is a great way to get noticed, so showcase your personality and enthusiasm there!
How to prepare for a job interview at Be Shaping the Future Management Consulting
✨Master the Case Study Game
In management consulting, case study interviews are all the rage. Make sure to practice structuring your thoughts and analysing data on the fly. Use resources like example case studies to get comfortable with frameworks and solutions. Remember, it’s not just about getting the right answer but showcasing your thought process, so talk us through your reasoning!
✨Know Your Numbers
Be prepared for some numerical and analytical questions. Brush up on your mental math and be ready to interpret data from charts or graphs. We might throw some business scenarios at you that require a quick turnaround on numerical analysis, so practice these skills to feel confident and swift!
✨Show Your Leadership Flair
As this is a full-time role, we want to see your potential as a seasoned consultant. Be ready to discuss experiences where you've led a project or a team. Think about times you've influenced decisions or navigated challenges—this is your chance to show how you can thrive in a fast-paced, collaborative environment.
✨Be a Cultural Fit
We’re not just looking for brains; we want to see if you vibe with our company culture at Be Shaping the Future Management Consulting. Prepare to share how your values align with ours. Have a think about what makes a great team environment for you and how you can contribute to that. A good cultural fit goes a long way in management consulting!