At a Glance
- Tasks: Lead core banking transformation initiatives and define business capabilities.
- Company: Capco, a leader in banking and payments transformation.
- Benefits: Competitive salary, health insurance, flexible holidays, and continuous learning opportunities.
- Other info: Inclusive culture that values individuality and offers excellent career growth.
- Why this job: Join a dynamic team driving innovation in financial services with AI and emerging technologies.
- Qualifications: Experience in business analysis within core banking and Agile environments.
The predicted salary is between 55000 - 65000 £ 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.
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.
- Experience delivering large-scale transformation programmes within retail, commercial, or digital banking environments.
- Previous consulting experience within financial services.
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.
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.
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 every day. Capco does not and shall not discriminate on the basis of race, color, religion (creed), gender, gender expression, age, national origin (ancestry), disability, marital status, sexual orientation, or military status in any of its activities or operations.
Business Analyst - Core Banking employer: Capco
Capco is an exceptional employer that offers a dynamic and inclusive work environment in London, where you can drive impactful banking transformation initiatives. With a strong focus on employee growth through continuous learning opportunities, competitive benefits, and a culture that values individuality, Capco empowers its team members to thrive while collaborating with industry experts on cutting-edge projects. Join us to be part of a forward-thinking practice that shapes the future of financial services.
StudySmarter Expert Advice🤫
We think this is how you could land Business Analyst - Core Banking
✨Tip Number 1
Network like a pro! Reach out to people in the banking and payments sector, especially those who work at Capco. A friendly chat can open doors and give you insights that might just help you land that Business Analyst role.
✨Tip Number 2
Prepare for interviews by brushing up on your Agile methodologies and core banking knowledge. We want to see how you can translate strategic objectives into actionable user stories, so practice explaining your thought process clearly.
✨Tip Number 3
Showcase your experience with AI-enabled tools during interviews. We’re all about innovation, so highlight any projects where you’ve used tech to improve analysis or stakeholder collaboration.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at Capco.
We think you need these skills to ace Business Analyst - Core Banking
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Business Analyst role in Core Banking. Highlight your experience with banking products and transformation programmes, and don’t forget to showcase your Agile delivery skills!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about banking transformation and how your skills align with our needs. Keep it concise but impactful!
Showcase Your Stakeholder Skills:We love candidates who can manage stakeholders effectively. In your application, mention specific examples of how you've influenced and collaborated with different teams to achieve successful outcomes.
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 keen on joining our team!
How to prepare for a job interview at Capco
✨Know Your Core Banking Inside Out
Make sure you brush up on your knowledge of core banking products and capabilities. Understand current accounts, savings, lending, and payments inside and out. This will help you speak confidently about how your experience aligns with the role.
✨Showcase Your Agile Experience
Be ready to discuss your experience in Agile environments. Prepare examples of how you've managed backlogs, defined user stories, and worked closely with Product Owners. This will demonstrate your ability to thrive in a fast-paced setting.
✨Prepare for Stakeholder Engagement
Think of specific instances where you've successfully engaged stakeholders across various functions. Highlight your communication skills and how you've influenced decisions. This is crucial for showing that you can drive alignment and delivery success.
✨Familiarise Yourself with AI Tools
Since the role involves applying AI-enabled tools, it’s a good idea to familiarise yourself with any relevant technologies. Be prepared to discuss how you've used these tools in past projects to enhance analysis or decision-making.
