Compliance Business Analyst

emagine is a high‑end professional services consultancy specialising in business and technology services for the financial services sector. We are seeking a Compliance Business Analyst to play a critical role in delivering compliance and financial crime initiatives across the organisation. The analyst will act as a subject‑matter expert, partnering closely with Compliance, Financial Crime, Technology and Business stakeholders to design and implement solutions that meet regulatory obligations while supporting operational efficiency. This is an initial 6‑month project, 5 days on site, with a daily rate of £500‑£525 inside IR35.

Key Responsibilities

• Provide subject‑matter expertise across Compliance and Financial Crime processes, including AML, KYC, sanctions screening and regulatory reporting.
• Engage proactively with business users, compliance teams and technology stakeholders throughout the full project lifecycle.
• Lead business requirements gathering and translate regulatory and operational needs into clear, formal documentation (Business Requirements Documents, Functional Specifications).
• Analyse existing processes and formulate value‑driven, compliant solutions, presenting recommendations to senior stakeholders.
• Support the design and enhancement of compliance systems, controls and data flows.
• Define testing approaches, develop test plans and execute system integration testing (SIT).
• Support business stakeholders during User Acceptance Testing (UAT), including defect management and resolution coordination.
• Compile and present test results, status reports and project documentation to relevant forums.
• Ensure all project artefacts are complete, accurate and stored in line with governance standards.
• Identify, track and report project risks, issues and dependencies to project management.
• Promote a culture of responsiveness, collaboration and high‑quality delivery across teams.
• Build strong, effective relationships across Compliance, Financial Crime, Technology, Operations and Front‑Office functions.

Key Requirements

• Proven experience as a Business Analyst within a top‑tier bank or consultancy.
• Strong understanding of the end‑to‑end project lifecycle, including requirements definition, solution design, testing and delivery.
• Solid knowledge of Compliance and Financial Crime, including: AML and KYC, sanctions screening, data quality, governance and regulatory reporting.
• Understanding of banking products, including: bonds, derivatives, FX.
• Experience working with data analysis, reconciliations and controls.
• Proficiency in SQL, with the ability to query and analyse datasets.
• Excellent written and verbal communication skills, with the ability to engage senior stakeholders.
• Familiarity with Front‑Office trading platforms such as Bloomberg and Murex.

Benefits and Working Environment

• Supportive culture rooted in core values of confidence, dedication, responsibility and genuineness.
• Commitment to inclusion, collaboration, well‑being and continuous learning and development.
• Hybrid working model offering agility and flexibility.
• Ongoing training and development to invest in career growth.
• Autonomy to take ownership of projects, make decisions and demonstrate expertise.
• Transparent performance and career management processes.

Equal Opportunity Employer

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.