Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Support business strategy and manage relationships in Institutional Banking.
- Company: FirstBank UK is a top-tier, globally recognised bank with over 10 million customers.
- Benefits: Enjoy perks like private medical insurance, gym subsidies, and generous annual leave.
- Why this job: Join a reputable bank and make an impact in Sub Saharan Africa's financial landscape.
- Qualifications: Experience in financial institutions, strong analytical skills, and knowledge of KYC/KYB requirements needed.
- Other info: Fluency in French and experience in the African market are advantageous.
The predicted salary is between 43200 - 72000 £ per year.
Senior Business Analyst, Institutional Banking & Distribution, Business Development FirstBank UK is a globally recognised, top-tier bank who provide world-class services to various institutions and individuals. Offering a comprehensive range of retail and corporate financial services/products, this thriving business with over 10 million active customers in over 700 business locations is the oldest African bank in the UK. Due to business requirements, we are now looking to acquire the services of an experienced Senior Business Analyst. Key Responsibilities: This role is to support the Head, Wholesale Banking & Financing Solution and Deputy Head of Institutional Banking & Distribution in driving IB business strategy in Sub Saharan Africa with a view to managing existing African FI relationships and enhancing the profitability of the unit in accordance with the Bank’s Risk Appetite, IBFI budget projections, targets markets and the Bank\’s global strategy. Key Skills/Experience: â–ª Supporting the Relationship Manager in the achievement of the Department’s Budget. â–ª Supporting the Relationship Manager to drive the origination of business by marketing new relationships with potential to improve the revenue for the Unit, on-boarding and retaining income-generating clients. â–ª Preparation and timely delivery of sound credit applications for review by the Credit Risk team for new and existing relationships. Candidates must be very analytical and have an excellent understanding of Financial Statement Analysis for Banking Clients and other related sectors. â–ª Responsible for all compliance requirements and reviews for Institutional Banking which entails (i) Full KYC review and on-boarding process for new to banks/prospects and (ii) KYB reviews for existing clients. â–ª Working closely with the Business Risk Review team to ensure all client outreaches and KYC/KYB memos are completed within the required timeline with no adverse findings. â–ª Monitoring due dates of Annual Reviews of Financial Statements for IBU clients and taking actions to obtain full Board approval for extensions prior to the expiration date of the Annual Reviews. â–ª Preparation of approved limit extension requests for Credit Risk’s consideration where necessary, ensuring system limits are adjusted once approval is obtained from Credit Risk. â–ª Weekly distribution of the Financial Institutions Limits Report. â–ª Handling customers’ queries efficiently. â–ª Supporting the Relationship Managers in prospecting, due diligence, monitoring and portfolio management. Experience / Knowledge: • Experience within Financial Institutions, UK Regulatory knowledge and good understanding of Credit Analysis, KYC & KYB requirements for FI’s, research skills and excellent analytical skills • Acceptable understanding of International TradeFinance • Previous experience working in the African market is highly advantageous • French speaking desirable • Spreading of audited financial statements for Banks, • Strong Excel knowledge • Moody’s Analytical and other Risk Rating tools • Flex Reports experience In return we offer a fantastic benefits package including: Up to 10% employer pension contribution Life Assurance Cover Income protection Private Medical Insurance plan (upon successful completion of probation period) Contribution to glasses/contacts and eye testing Gym subsidy (up to £50 per month) Cycle to work scheme Employee Assistance Program Interest Free season ticket loan for travel Birthday Leave 25 days annual leave, rising to 28 after 3 years and 30 after 8 years’ service Give As You Earn (GAYE) The Curve Group is First Bank UK’s outsource partner for Recruitment and a \”Data Processor\”. The Curve Group will hold the information you submit but First Bank UK will have access to it. You can find their privacy policy here: First Bank is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of sex, race, disability, age, sexual orientation, gender reassignment, religion or belief, marital status, or pregnancy and maternity.41bf1e1f-b16b-4260-a40a-17c77a06fd15
Senior Business Analyst, Institutional Banking & Distribution, Business Development employer: FirstBank UK Limited
Contact Detail:
FirstBank UK Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Business Analyst, Institutional Banking & Distribution, Business Development
✨Tip Number 1
Familiarise yourself with the specific financial regulations and compliance requirements in the UK, especially those related to KYC and KYB processes. This knowledge will not only help you stand out but also demonstrate your commitment to understanding the role's responsibilities.
✨Tip Number 2
Network with professionals in the banking and financial services sector, particularly those with experience in institutional banking. Attend industry events or webinars to connect with potential colleagues and learn more about the current trends and challenges in the field.
✨Tip Number 3
Brush up on your analytical skills, particularly in financial statement analysis. Consider taking a short course or certification that focuses on credit analysis and risk assessment to enhance your expertise and make your application more appealing.
✨Tip Number 4
If you have experience working in the African market, be sure to highlight this in your discussions. Share specific examples of how your background can contribute to the bank's strategy in Sub Saharan Africa, as this could set you apart from other candidates.
We think you need these skills to ace Senior Business Analyst, Institutional Banking & Distribution, Business Development
Some tips for your application 🫡
Understand the Role: Thoroughly read the job description for the Senior Business Analyst position. Make sure you understand the key responsibilities and required skills, particularly in financial analysis, compliance, and client relationship management.
Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job requirements. Emphasise your analytical abilities, knowledge of KYC/KYB processes, and any experience in the African market.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the bank. Mention specific examples from your past work that demonstrate your ability to support business development and manage client relationships effectively.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail, which is crucial for a Senior Business Analyst.
How to prepare for a job interview at FirstBank UK Limited
✨Understand the Role Thoroughly
Before the interview, make sure you have a solid grasp of the Senior Business Analyst role and its responsibilities. Familiarise yourself with the key skills required, such as financial statement analysis and KYC/KYB processes, so you can confidently discuss how your experience aligns with these needs.
✨Showcase Your Analytical Skills
Given the analytical nature of this position, be prepared to provide examples of how you've successfully used your analytical skills in previous roles. Discuss specific projects where your insights led to improved business outcomes, particularly in financial institutions or similar environments.
✨Demonstrate Knowledge of the African Market
Since previous experience in the African market is highly advantageous, be ready to talk about your understanding of this market. Share any relevant experiences or insights that could benefit FirstBank UK, especially in relation to institutional banking and distribution.
✨Prepare Questions for the Interviewers
Interviews are a two-way street, so prepare thoughtful questions to ask your interviewers. Inquire about the bank's strategy in Sub Saharan Africa, the team dynamics, or how success is measured in this role. This shows your genuine interest in the position and helps you assess if it's the right fit for you.
