At a Glance
- Tasks: Support the transformation of intermediary payment processes and enhance data transparency.
- Company: Join a leading global financial services organisation in Edinburgh.
- Benefits: 12-month contract with exposure to senior stakeholders and career development opportunities.
- Other info: Dynamic role with a focus on collaboration and proactive problem-solving.
- Why this job: Be part of a significant transformation programme with real impact in asset management.
- Qualifications: 2-3 years in financial services, with knowledge of retrocession and strong analytical skills.
The predicted salary is between 30000 - 40000 £ per year.
Eden Scott is delighted to be partnering with a leading global financial services organisation to recruit a Business Analyst to join a high-profile Intermediary Payments Division based in Edinburgh. This role is a 12 month contract. This is a fantastic opportunity for an early-career Business Analyst with exposure to retrocession, rebates, and intermediary payments, looking to develop within a multi-year transformation programme with significant regulatory and operational impact.
Sitting within a core transformation team, you will play a key role in supporting the delivery of a strategic overhaul of intermediary payment and rebate (retrocession) processes across the EMEA region. You will work across business, technology and control functions to design scalable solutions that support the division to improve data transparency, and strengthen governance around how payments are calculated, validated and reported. This role offers strong exposure to senior stakeholders and an excellent platform to build your experience within a highly regulated asset management environment.
Key Responsibilities
- Support business analysis for the delivery of a centralised intermediary payments / retrocession data platform
- Gather and document requirements relating to rebates, fee structures and inducement regulations
- Assist in defining data standards, ownership and lineage for audit and control purposes
- Support data mapping, migration and reconciliation across retrocession and intermediary datasets
- Contribute to data quality and exception management frameworks
- Work closely with internal stakeholders and third-party vendors to support delivery
- Facilitate workshops and ensure clear documentation across requirements and testing phases
- Support operating model enhancements, including rebate and split payment structures
- Assist with governance reporting and documentation for audit and regulatory readiness
Person Specification
- 2–3 years’ experience in asset management or financial services
- Exposure to retrocession, rebates, or intermediary / distribution payments (highly desirable)
- Understanding of middle/back-office operations and fund structures
- Experience supporting projects, change initiatives or data-focused workstreams
- Strong communication and stakeholder engagement skills
- Analytical mindset with strong attention to detail
- Proactive, collaborative and keen to develop within a fast-paced environment
Retrocession Business Analyst employer: Eden Scott
Eden Scott is an exceptional employer, offering a dynamic work environment in the heart of Edinburgh, where you can thrive as a Business Analyst within a leading global financial services organisation. With a strong focus on employee growth and development, this role provides unique opportunities to engage with senior stakeholders and contribute to impactful transformation projects in a highly regulated asset management setting. The collaborative culture and commitment to innovation ensure that you will be supported in your career journey while making meaningful contributions to the Intermediary Payments Division.
StudySmarter Expert Advice🤫
We think this is how you could land Retrocession Business Analyst
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Eden Scott.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Eden Scott might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Retrocession Business Analyst
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Eden Scott will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Eden Scott. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Eden Scott confidence in your short-term commitment to the role.
How to prepare for a job interview at Eden Scott
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Eden Scott.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Eden Scott that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
