Business Functional Analyst

Business Functional Analyst

Full-Time 49500 - 60500 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Analyse market data costs and support contract negotiations with vendors.
  • Company: Join Deutsche Bank, a leading global financial institution with a diverse culture.
  • Benefits: Enjoy hybrid working, competitive salary, 30 days holiday, and private healthcare.
  • Other info: Flexible benefits and a culture of continuous learning to support your growth.
  • Why this job: Make an impact by optimising market data strategies in a dynamic environment.
  • Qualifications: Previous market data knowledge and strong communication skills required.

The predicted salary is between 49500 - 60500 £ per year.

The Market Data Services (MDS) team is responsible for the end-to-end provisioning and deactivation of market data across Deutsche Bank. This includes the data and financial management of market data products used by Deutsche Bank employees (e.g. Bloomberg, Refinitiv, FactSet). This data allows traders and Business users across the Bank to know the latest price and see historical trends for instruments such as equities, fixed-income products, derivatives and currencies. The MDS team globally supports circa 12,000 users across 43 countries. MDS are working to implement a cohesive and efficient market data strategy for Deutsche Bank with the clear objective of reducing market data costs.

You will be required to work closely in conjunction with external vendors and all internal functions including global sourcing and infrastructure.

What we’ll offer you:

  • Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them.
  • Competitive salary and non-contributory pension.
  • 30 days’ holiday plus bank holidays, with the option to purchase additional days.
  • Life Assurance and Private Healthcare for you and your family.
  • A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits.
  • The opportunity to support a wide ranging CSR programme + 2 days’ volunteering leave per year.

Your key responsibilities:

  • Interacting with Senior Business Managers and Application Owners to review market data costs and product/cost reduction programs.
  • Distributing analysis, commentary and reporting of product/service usage to establish key requirements and metrics to support and assist contract negotiations.
  • Supporting relationship management of strategic external vendors including Exchanges and Brokers.
  • Managing vendor data notifications of future changes impacting data policies and pricing.
  • Managing risk and compliance of applications consuming market data and annual recertification of applications.

Your skills and experience:

  • Previous Market Data knowledge ideally within large financial institution or investment bank.
  • Influencing ability to develop and maintain effective relationships internally and externally.
  • Excellent understanding of non-compliant data usage and remediation.
  • Attention to detail and ability to meet tight deadlines.
  • Proficiency in all Microsoft Office Applications.
  • Excellent communication skills, both written and verbal.
  • Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.

How we’ll support you:

  • Training and development to help you excel in your career.
  • Flexible working to assist you balance your personal priorities.
  • Coaching and support from experts in your team.
  • A culture of continuous learning to aid progression.
  • A range of flexible benefits that you can tailor to suit your needs.

We value diversity and as an equal opportunities employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (e.g. screen readers, assistive hearing devices, adapted keyboards). We welcome applications from all people and promote a positive, fair and inclusive work environment.

Deutsche Bank is the leading German bank with strong European roots and a global network. Deutsche Bank in the UK is proud to be named in The Times Top 50 Employers for Gender Equality and has been awarded a Gold Award from Stonewall and named in their Top 100 Employers.

If you have a disability, health condition, or require any adjustments during the application process, we encourage you to contact our Adjustments Concierge on adjustmentsconcierge@db.com to discuss.

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively. Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

For over 150 years, our dedication to being the Global Hausbank for our clients has been driven by our people – in around 60 countries and across more than 150 nationalities. Their deep understanding, insights, expertise, and passion help our clients navigate an increasingly complex world – be it in our Corporate Bank, our Private Bank, our Investment Bank or our Asset Management (DWS) division.

Business Functional Analyst employer: Deutsche Bank AG

Deutsche Bank AG is an exceptional employer, offering a dynamic work environment in the heart of London where innovation meets collaboration. As a Market Risk Manager, you will benefit from a culture that prioritises professional growth and development, alongside competitive compensation and comprehensive benefits. The opportunity to engage with diverse teams and contribute to the expansion of the global Energy business makes this role both meaningful and rewarding.

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Contact Details:

Deutsche Bank AG Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Business Functional Analyst

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Deutsche Bank AG. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Business Functional Analyst

Market Data Knowledge
Relationship Management
Data Analysis
Cost Reduction Strategies
Risk and Compliance Management
Attention to Detail
Microsoft Office Proficiency

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

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 Deutsche Bank AG.

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.

Research and Reflect:Before hitting that 'apply' button on Deutsche Bank AG's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Deutsche Bank AG

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 Deutsche Bank AG.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Deutsche Bank AG 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.

Network with Industry Professionals

Before your interview, reach out to current or former Deutsche Bank AG 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.