At a Glance
- Tasks: Lead workshops, analyse requirements, and document solutions for securities settlement processes.
- Company: Join a global investment bank with a focus on innovation and operational efficiency.
- Benefits: Enjoy 27 days holiday, private medical insurance, and a performance-related bonus.
- Other info: Access to learning resources and excellent career growth opportunities.
- Why this job: Make a real impact in a dynamic environment while driving technological advancements.
- Qualifications: 5+ years as a Business Analyst in financial services with strong analytical skills.
The predicted salary is between 80000 - 100000 £ per year.
Overview
The Securities Settlements team is a critical component of our global Operations division, responsible for the timely and accurate settlement of securities transactions across all asset classes. Operating in a dynamic and fast‑paced environment, the team acts as the central hub for post‑trade processing, ensuring that all obligations arising from our trading activities are met efficiently and without operational risk. The Securities Settlements Technology team builds, maintains, and transforms the platforms that enable this timely and accurate settlement. The team is currently engaged in a multi‑year strategic program to modernise our settlement platforms, enhance automation, and adapt to evolving market regulations, such as the transition to T+1 settlement cycles. We partner directly with Front Office trading desks, Operations, Finance, Custodians, and Clearing Houses to deliver robust, scalable, and resilient technology solutions. Our mission is to drive operational efficiency, reduce risk, and provide a competitive advantage to the firm through technological innovation.
What You’ll Do
- Lead workshops and interviews (virtual and in‑person) with business stakeholders to elicit, analyse, validate, and document business requirements for new systems and process improvements.
- Collaborate with architects and developers to translate business requirements into functional specifications and solution designs, ensuring they are robust, scalable, and aligned with strategic goals.
- Create and maintain high‑quality documentation, including Business Requirement Documents (BRDs), functional specifications, user stories, use cases, and process flow diagrams.
- Act as the primary liaison between business users and technology teams, managing expectations and ensuring clear communication throughout the project lifecycle.
- Investigate and analyse complex settlement issues, exceptions, and failures to identify root causes and propose strategic, long‑term solutions.
- Define and support User Acceptance Testing (UAT), assist in troubleshooting, and provide expert guidance during the implementation of new solutions.
- Serve as a subject‑matter expert on securities settlement processes, market practices, and system functionalities.
Requirements
- Proven 5+ years as a Business Analyst in the financial services industry, preferably in a global investment bank or similar institution.
- Deep understanding of the end‑to‑end securities settlement lifecycle, including equities, fixed income, and other financial instruments.
- Strong familiarity with post‑trade processing, including trade capture, matching, clearing, and settlement.
- Knowledge of major clearing houses, depositories (e.g., CREST, DTC, Euroclear), and settlement messaging standards (e.g., SWIFT MT5xx series).
- Demonstrable experience on large‑scale change or technology projects, with understanding of waterfall and agile (Scrum/Kanban) methodologies.
- Exceptional analytical and problem‑solving skills with the ability to dissect complex issues and make data‑driven recommendations.
- Excellent written and verbal communication skills, with the ability to articulate complex concepts to both technical and non‑technical audiences.
Desirable Experience
- Experience using AI‑related analysis tools and Agentic‑AI solutions.
- Experience with settlement platforms or other large‑scale in‑house systems.
- Experience with data analysis and querying using SQL.
- Familiarity with modern business analysis tools such as Jira and Confluence.
- A formal BA and/or PM certification (e.g., PMP).
Qualifications
- Bachelor’s degree in Finance, Economics, Computer Science, or a related discipline.
Benefits
- Generous holiday allowance starting at 27 days plus bank holidays, increasing with tenure.
- Discretionary annual performance‑related bonus.
- Private medical insurance packages.
- Employee Assistance Program.
- Pension Plan.
- Paid parental leave.
- Special discounts for employees, family, and friends.
- Access to an array of learning and development resources.
Senior Business Analyst - Vice President in City of Westminster employer: Citigroup, Inc.
Citi London is an exceptional employer, offering a dynamic and inclusive work environment that fosters innovation and collaboration. With a competitive salary, generous annual leave, and a hybrid working model, employees enjoy a healthy work-life balance while having access to extensive learning and development resources. As a key player in the Equity Derivatives Technology team, you will have the opportunity to lead impactful projects and grow your career within a globally recognised financial institution.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Business Analyst - Vice President in City of Westminster
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We think you need these skills to ace Senior Business Analyst - Vice President in City of Westminster
Some tips for your application 🫡
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Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Citigroup, Inc..
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
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How to prepare for a job interview at Citigroup, Inc.
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Citigroup, Inc..
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Since this is a full-time position, employers at Citigroup, Inc. will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
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Before your interview, reach out to current or former Citigroup, Inc. employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
