Role Title: Tech Business Analyst
Location: London, UK
Days on site: 2-3
Technology Business Analyst – UK Financial Services / Broker Dealer
**Role Overview**
10+ years experienced Technology Business Analyst with strong functional expertise in UK financial services, multi-currency and multi-entity operating models, and broker-dealer environments.
The successful candidate will act as the bridge between business stakeholders, operations, technology teams, and third-party platforms, translating complex financial-services requirements into clear functional specifications and technology solutions. The role requires a strong understanding of broker-dealer processes, trading and post-trade operations, accounting, settlements, regulatory requirements, and entity/currency structures within the UK financial-services landscape.
**Key Responsibilities**
- Partner with business stakeholders across Front Office, Middle Office, Operations, Finance, Risk, Compliance, and Technology to understand business needs and define solutions.
- Lead requirements gathering, process analysis, functional decomposition, and solution definition for complex financial-services initiatives.
- Analyse and document current-state and future-state business processes, identifying control gaps, inefficiencies, and opportunities for automation.
- Translate business requirements into BRDs, FRDs, user stories, functional specifications, process flows, data mappings, and acceptance criteria.
- Support technology implementations involving multi-entity, multi-currency, and cross-border operating models.
- Define requirements for entity-specific processing, including legal entities, branches, books and records, intercompany relationships, and entity-level reporting.
- Work extensively with GBP, USD, EUR and other major currencies, including FX conversion, currency exposure, settlement currency, functional/base currency, and multi-currency accounting considerations.
- Analyse broker-dealer workflows covering areas such as:
- Trade capture and validation
- Order and execution processing
- Securities and cash settlements
- Corporate actions
- Clearing and custody
- Reconciliations
- Position and cash management
- P&L and financial reporting
- Fees, commissions, and brokerage
- Client and counterparty management
- Regulatory and management reporting
- Work with Finance teams on multi-currency accounting, GL integration, journal processing, trial balance, P&L, balance sheet, and entity-level reporting.
- Define and validate data flows and integrations between trading platforms, order/execution systems, accounting platforms, payment systems, data warehouses, and downstream reporting applications.
- Work closely with architects and developers to ensure functional requirements are translated accurately into technology solutions.
- Support API, batch, file-based, and event-driven integrations, including data mapping and interface requirements.
- Develop detailed business rules, exception scenarios, controls, reconciliations, and validation rules.
- Lead or support SIT, UAT, regression testing, defect triage, and production implementation.
- Coordinate with business users and technology teams during releases, migrations, and system upgrades.
- Support regulatory and control-driven initiatives relevant to the UK financial-services environment.
- Identify dependencies, risks, assumptions, and impacts across multiple entities, currencies, applications, and business processes.
**Functional Experience Required**
**Broker-Dealer / Capital Markets**
Strong understanding of broker-dealer operating models, including:
- Trade lifecycle and transaction processing
- Equities, fixed income, derivatives and/or FX
- Front-to-back trade processing
- Middle-office controls
- Clearing and settlement
- Custody and prime brokerage processes
- Cash and securities reconciliation
- Client and counterparty processing
- Fees, commissions, rebates, and brokerage
- Position, exposure, and P&L management
- Corporate actions
- Regulatory and financial reporting
**Multi-Entity**
Demonstrable experience working with complex multi-entity financial structures, including:
- UK and international legal entities
- Entity-specific books and records
- Intercompany transactions
- Entity-level accounting and reporting
- Branch versus legal-entity processing
- Entity-specific configuration and business rules
- Consolidated versus entity-level reporting
- Cross-entity data and transaction flows
**Multi-Currency**
Strong functional knowledge of:
- GBP, USD, EUR and other currencies
- Transaction versus settlement currency
- Functional/base/reporting currency
- FX conversion and exchange-rate management
- Realised and unrealised FX
- Multi-currency P&L
- Currency translation
- FX gains/losses
- Currency-specific settlement and payment processes
- Multi-currency accounting and reconciliation
**UK Financial Services Experience**
- Strong understanding of the UK financial-services and capital-markets environment.
- Experience working with UK-based broker-dealers, investment banks, asset managers, trading firms, or financial institutions.
- Familiarity with UK regulatory, operational, accounting, and control requirements.
- Experience working with UK stakeholders and distributed/global technology teams.
- Understanding of the implications of regulatory and operational requirements across multiple jurisdictions and legal entities.
**Deliverables**
The Business Analyst will be expected to produce and maintain:
- Business Requirements Documents (BRDs)
- Functional Requirements Documents (FRDs)
- User stories and acceptance criteria
- Process maps and workflow diagrams
- Data-flow and integration specifications
- Data mappings
- Business rules and validation logic
- Source-to-target mappings
- Impact assessments
- Test scenarios and UAT scripts
- Reconciliation and control requirements
- Traceability matrices
- Release and implementation documentation
**Required Skills & Experience**
- 10+ years of experience as a Business Analyst within financial services, capital markets, investment banking, or broker-dealer environments.
- Strong UK financial-services experience.
- Demonstrable experience with multi-entity and multi-currency platforms/processes.
- Strong broker-dealer functional knowledge with an understanding of the end-to-end trade lifecycle.
- Proven experience delivering technology change in complex enterprise environments.
- Strong analytical, problem-solving, and process-modelling skills.
- Excellent written and verbal communication skills.
- Ability to communicate effectively with both senior business stakeholders and technical teams.
- Strong experience managing requirements through the full delivery lifecycle.
- Experience working in Agile, Waterfall, or hybrid delivery environments.
**Key Competencies**
- Financial Services / Capital Markets
- Broker-Dealer Operations
- Multi-Entity Processing
- Multi-Currency Accounting
- Trade Lifecycle
- Business Process Analysis
- Requirements Engineering
- Data Analysis & Mapping
- Systems Integration
- Reconciliation & Controls
- UAT / Test Management
- Stakeholder Management
- Agile Delivery
- UK Financial Services
- Technology Transformation
Tech Business Analyst in London employer: Capgemini Europe
As a Microsoft Viva Architect in London, you will join a forward-thinking company that prioritises employee experience and innovation. With a strong commitment to professional development, our collaborative work culture fosters continuous learning and growth, while our focus on data-driven solutions ensures that your contributions have a meaningful impact. Enjoy the unique advantage of working in a vibrant city that is at the forefront of technology and business transformation.
