At a Glance
- Tasks: Lead analysis and design of business processes in Transaction Monitoring and Data Controls.
- Company: Join Deutsche Bank, a leading global bank with a commitment to diversity and inclusion.
- Benefits: Enjoy hybrid working, competitive salary, 30 days holiday, and flexible benefits.
- Other info: Opportunities for training, development, and a culture of continuous learning.
- Why this job: Make a real impact by shaping optimal solutions in a dynamic financial environment.
- Qualifications: Experience in Payments and strong analytical skills required.
The predicted salary is between 75600 - 92400 £ per year.
This role represents a highly engaging and strategic opportunity within the Transaction Monitoring and Data Controls domain for a Business Functional Analyst (BFA). As a Business Functional Analyst, you are responsible for leading the end-to-end analysis phase of initiatives, with a strong focus on designing optimal target-state business processes. This includes extending beyond your immediate area of ownership to ensure front-to-back alignment across the entire value chain, thereby supporting a cohesive and efficient operating model.
You will work in close partnership with the Product Owner to ensure that the Product Backlog remains aligned with the Minimum Viable Product (MVP) and overall Product Vision. A key responsibility is maintaining the backlog with the right level of granularity and quality, ensuring that it is structured, actionable, and delivery-ready. In collaboration with the development team (DEV & QA), you will ensure that all functional requirements are clearly captured, documented, and thoroughly understood.
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:
- Lead the elicitation, analysis, and management of functional requirements in close collaboration with Business Analysts, architects, and delivery leads, adopting an iterative and agile approach.
- Partner with Product Owners, Subject Matter Experts (SMEs), and technical teams (architects, developers) to identify, define, and shape optimal solution designs.
- Support the design and conceptualization of business solution options, clearly articulating impacts, dependencies, and risks.
- Create, refine, and maintain high-quality user stories, including well-defined Acceptance Criteria, ensuring alignment with business objectives.
- Serve as the key liaison between business stakeholders and technical teams, ensuring requirements are well understood, communicated, and executed.
- Support testing activities, ensuring that delivered functionality meets defined requirements and quality standards.
Your skills and experience:
- Experience in the Payments domain, with strong knowledge of: High Value, Low Value, and Instant Payment schemes, SWIFT messaging (MT/MX) and ISO 20022 standards, Local clearing formats and payment infrastructures.
- Prior experience in Transaction Monitoring / Surveillance is an advantage.
- Proven track record of leading projects to successful delivery, including in management or leadership roles.
- Strong analytical and problem-solving capabilities with the ability to interpret complex requirements.
- Experience in solution definition, conceptualization, and simplifying complex architectures.
- Strong stakeholder management and influencing skills, with the ability to drive consensus and outcomes.
- 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.
- A culture of continuous learning to aid progression.
- A range of flexible benefits that you can tailor to suit your needs.
About us: 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. We welcome applications from all people and promote a positive, fair and inclusive work environment.
Senior Business Functional Analyst - Transaction Monitoring & Data Controls in London employer: Deutsche Bank
Deutsche Bank is an excellent employer, offering a dynamic work culture that fosters innovation and collaboration in the heart of London. With a strong focus on employee growth, the company provides extensive training opportunities and a hybrid working model that promotes work-life balance, alongside competitive salaries and flexible benefits such as a non-contributory pension and generous holiday leave.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Business Functional Analyst - Transaction Monitoring & Data Controls in London
✨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.
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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.
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Don’t shy away from reaching out directly to firms like Deutsche Bank. 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 Senior Business Functional Analyst - Transaction Monitoring & Data Controls in London
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.
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'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
✨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.
✨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 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 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.
