At a Glance
- Tasks: Lead transformative banking projects using AI and innovative solutions.
- Company: Join Capco, a leader in banking transformation with a collaborative culture.
- Benefits: Enjoy competitive pay, health perks, flexible holidays, and continuous learning opportunities.
- Other info: Be part of a diverse team that values individuality and growth.
- Why this job: Shape the future of banking while working on exciting, impactful projects.
- Qualifications: Experience in business analysis and core banking transformation is essential.
The predicted salary is between 60000 - 80000 £ per year.
Drive the next generation of banking transformation through product-led delivery, intelligent automation, and AI-enabled ways of working.
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.
- 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.
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 every day.
Business Analyst - Core Banking in London employer: Capco
Capco is an exceptional employer, offering a dynamic and collaborative work environment in the heart of London. With a strong focus on employee growth through continuous learning opportunities and access to industry certifications, we empower our Business Analysts to drive meaningful transformation in the banking sector. Our inclusive culture, combined with comprehensive benefits such as flexible holiday options and family-friendly policies, makes Capco a rewarding place to build a career while shaping the future of financial services.
StudySmarter Expert Advice🤫
We think this is how you could land Business Analyst - Core Banking in London
✨Tip Number 1
Network like a pro! Reach out to connections 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 land you an interview.
✨Tip Number 2
Prepare for those interviews by brushing up on your core banking knowledge. Be ready to discuss how you've tackled transformation projects in the past and how you can apply AI tools to enhance business processes.
✨Tip Number 3
Showcase your product-oriented mindset! During interviews, highlight examples where you’ve focused on customer outcomes and business value. This will resonate well with Capco's approach to banking transformation.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining the Capco team.
We think you need these skills to ace Business Analyst - Core Banking in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the specific skills and experiences that align with the Business Analyst role in Core Banking. Highlight your expertise in banking products and transformation programmes to catch our eye!
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're passionate about banking transformation and how your background makes you a perfect fit. Be sure to mention any experience with AI-enabled tools or Agile environments!
Showcase Your Stakeholder Skills:In your application, emphasise your ability to manage stakeholders and communicate effectively across different levels. We love seeing examples of how you've influenced decisions or driven alignment in past projects.
Apply Through Our Website:We encourage you to apply directly through our website for the best chance of getting noticed. It’s the easiest way for us to keep track of your application and ensure it reaches the right people!
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 collaborated with product teams. 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 different functions. Highlight your communication skills and how you've influenced decisions. This is crucial for a role that requires collaboration with various teams.
✨Emphasise AI-Enabled Solutions
Familiarise yourself with AI tools and techniques relevant to business analysis. Be prepared to discuss how you've used these technologies to enhance decision-making or streamline processes in past projects. This will show your forward-thinking approach.
