Business Analyst - Generative AI (Banking/AML) in London

London - (Hybrid) 3 days on-site per week £600 - £650

emagine is a high-end professional services consultancy and solutions firm specialising in providing business and technology services to the financial services sector. We have created a culture of openness and integrity by building genuine and strong relationships and partnerships, enabling us to be uncompromising in our dedication to delivering the optimal service for our clients.

The role will be working within our Technology Change practice where we are partnered on Generative AI (GenAI) projects across multiple business units as part of a strategic roadmap. To support this journey, we are seeking a Business Analyst with strong GenAI expertise who can operate at the intersection of business operations, data, and emerging technology. This consultant will be instrumental in enabling the build and scale of Generative AI capability from the ground up.

The role:

• Work closely with business stakeholders across AML, Legal, Operations, Risk, and Technology to understand business challenges and strategic objectives.
• Define, document, and prioritise clear business and functional requirements for GenAI and AI-enhanced solutions.
• Translate complex operational problems into GenAI-enabled use cases, ensuring alignment with business value and feasibility.
• Analyse unstructured data, including legal texts, documents, and narrative fields, to support GenAI model development.
• Conduct gap analysis, process mapping, and workflow assessment to identify automation and optimisation opportunities.
• Collaborate with data scientists, AI engineers, architects, and IT teams to ensure requirements are accurately understood and implemented.
• Organise, validate, and collate data inputs required for model training and testing activities.
• Support model evaluation by helping define acceptance criteria, success metrics, and performance thresholds.
• Facilitate discussions on model explainability, risk considerations, and business implications.
• Ensure alignment of project outcomes with the bank’s broader AI strategy, governance standards, and adoption roadmap.
• Contribute to establishing best practices, templates, and frameworks for AI delivery within a scaling team.
• Define end-to-end test strategies for AI features and workflows.
• Coordinate and support User Acceptance Testing (UAT) with business SMEs.
• Validate outputs from GenAI models against business expectations, regulatory considerations, and operational constraints.

Key Skills and Experience:

• Proven experience as a Business Analyst within banking or financial services.
• Strong working knowledge of Generative AI concepts, capabilities, and methodologies, with practical experience applying AI solutions to business problems.
• Demonstrable ability to translate complex business requirements into clear, structured documentation and technical specifications.
• Strong analytical and problem-solving skills with experience handling unstructured or text-based data.
• Effective communication skills for engaging cross-functional teams and simplifying technical concepts for non-technical stakeholders.
• Experience working within Agile environments (Scrum, Kanban, scaled Agile).
• Ability to work in fast-evolving environments and contribute to building new processes and frameworks.

Nice-to-Have Skills:

• Knowledge of AML regulations, financial crime processes, or compliance-driven project environments.
• Familiarity with AI/ML or data analysis tools (e.g., Python basics, SQL, NLP tooling, annotation platforms).
• Exposure to project management practices and tools (Jira, Confluence, MS Project, Smartsheet, etc.).
• Experience working with Legal, Risk, or Controls teams on documentation-heavy workflows.

Our people:

The ideal consultants will share our values and be aligned with our ways of working. As your career progresses, you can expect to work across all areas of the project lifecycle, from strategy to implementation. This will provide you with a broad base of experience from which to build an outstanding career.

We pride ourselves on:

• Providing our people with a supportive culture, rooted in our values and driven by our purpose.
• Promoting a culture of inclusion, collaboration, well-being, and learning and development.
• Providing increased agility and flexibility within our hybrid working model.
• Investing in employees’ growth through ongoing training and development.
• Autonomy to take ownership of projects, making decisions and demonstrating individual expertise.
• Providing a transparent performance and career management experience.

Our consultants are integral to delivering successful consulting engagements, addressing our clients’ most pressing business challenges, and building lasting value in disciplines such as:

• Solve sophisticated, ambiguous business, change and technology problems, bringing structure and meticulous analysis and planning, acting, and taking decisions with little strategic direction.
• Build, develop and sustain trusted senior client relationships in the C-suite by remaining highly attuned to client needs.
• Drive, enable and support the business, partnering with our leaders, clients, and consultants across our practices to take the best of emagine to our clients through opportunity identification/qualification, solution development/presentation.

Interested? At emagine, we are committed to building an international and diverse team by embracing our different backgrounds. If you are up to the challenge and would like to find out more, get in touch with us immediately; our internal recruitment team is always keen to hear from dynamic individuals that are looking to further their career and explore their full potential.

emagine is an equal opportunity employer, and employment practices are based strictly on merit. It is the policy of the Company to give equal opportunity in employment regardless of sex, sexual orientation, marital status, race, age, disability, gender reassignment, pregnancy and maternity, religion or ethnic origin.