Business Analyst

Business Analyst

Full-Time No home office possible
Formula.

At a Glance

  • Tasks: Transform payment systems by turning vision into actionable engineering backlogs.
  • Company: Major financial services firm with a focus on innovation and growth.
  • Benefits: Competitive day rate, opportunity to shape a new platform, and work in a dynamic environment.
  • Other info: Fast-paced role with opportunities for professional development and stakeholder engagement.
  • Why this job: Join a greenfield project and make a real impact in the fintech space.
  • Qualifications: Experience as a BA or Product Owner in payments or fintech is essential.

A major financial services business is looking for a Business Analyst or Product Owner with deep experience in payment systems to join a greenfield platform transformation in Canary Wharf.

Contract Details:

  • Day Rate: £550 - £700 (Inside IR35)
  • Contract Length: Initial engagement, ongoing programme
  • Location: Canary Wharf, London (3 days per week on-site)
  • Start Date: ASAP

This is a rare opportunity to join a payments programme at the very beginning. The platform is being rebuilt from the ground up, backed by external investment, targeting SMEs across POS and e-commerce, and moving fast. Six months of product vision already exists in Confluence. What's missing is someone who can take that vision and turn it into something engineering can actually build. That's where you come in.

What you'll be doing:

  • Taking six months of Confluence documentation and turning it into sprint-ready, engineering-grade backlogs
  • Writing and owning user stories across three concurrent value streams without losing depth or quality
  • Bringing structure to ambitious, complex requirements in an environment that's still taking shape
  • Helping establish how product and BA work gets done as the programme matures
  • Managing stakeholders across technical and non-technical audiences, client team, engineers, and programme leadership
  • Coaching and upskilling client-side colleagues who are earlier in their product journey
  • Keeping pace as the programme accelerates and scope grows

What we're looking for:

  • A strong BA or Product Owner with a hands-on backlog focus, someone who writes stories, not just facilitates workshops
  • Proven experience in payments, fintech, or payment gateway environments
  • Comfortable translating large volumes of complex documentation into clear, deliverable requirements
  • Experience working in consulting, blended delivery, or transformation programmes
  • Confident operating in ambiguity and building structure where little exists
  • Solid stakeholder management — able to hold their own in a room with senior technical and business leaders
  • Banking or regulated environment experience essential
  • Available immediately or on short notice

If this sounds like the kind of programme you want to be part of, don't wait, roles like this move quickly and so do we. Send your CV or a brief note to the team at Formula Recruitment and we'll be in touch.

Business Analyst employer: Formula.

Join a dynamic financial services business at the forefront of payment systems transformation in Canary Wharf, where innovation meets opportunity. As a Business Analyst or Product Owner, you'll thrive in a fast-paced environment that encourages creativity and initiative, with the chance to shape processes from the ground up. Enjoy competitive day rates, a collaborative work culture, and the potential for significant professional growth as you contribute to a greenfield project aimed at revolutionising SME payment solutions.

Formula.

Contact Detail:

Formula. Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Business Analyst

Tip Number 1

Network like a pro! Reach out to your connections in the fintech and payments space. Attend industry meetups or webinars, and don’t be shy about mentioning you’re on the lookout for opportunities. You never know who might have the inside scoop on a role that’s perfect for you.

Tip Number 2

Get your hands dirty with the tools of the trade. Familiarise yourself with Confluence and other project management software that are commonly used in payment systems. Showing that you can hit the ground running will make you stand out to potential employers.

Tip Number 3

Prepare for interviews by brushing up on your stakeholder management skills. Be ready to discuss how you’ve successfully navigated complex requirements and built processes from scratch. Real-life examples will help you shine and show you’re the right fit for the role.

Tip Number 4

Don’t forget to apply through our website! We’re always on the lookout for talented individuals like you. Plus, applying directly can sometimes give you an edge over others. So, get your CV ready and let’s make it happen!

We think you need these skills to ace Business Analyst

Business Analysis
Product Ownership
Payment Systems Expertise
Backlog Management
User Story Writing
Stakeholder Management
Documentation Translation

Some tips for your application 🫡

Tailor Your CV:Make sure your CV speaks directly to the job description. Highlight your experience in payment systems and any relevant projects you've worked on. We want to see how your skills align with what we're looking for!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of how you've turned complex requirements into actionable tasks, just like we need for this project.

Showcase Your Stakeholder Management Skills:Since you'll be managing stakeholders across various levels, make sure to highlight your experience in this area. We want to know how you've successfully navigated conversations with both technical and non-technical audiences.

Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and keep track of everything. Plus, it shows you're keen to join our team right from the start!

How to prepare for a job interview at Formula.

Know Your Payment Systems

Make sure you brush up on your knowledge of payment systems before the interview. Understand the latest trends and technologies in fintech, as well as the specific challenges faced by SMEs in POS and e-commerce. This will show that you're not just familiar with the basics but are genuinely interested in the field.

Master the Backlog

Since the role involves turning documentation into sprint-ready backlogs, be prepared to discuss your experience with backlog management. Bring examples of user stories you've written and how you've prioritised tasks in previous projects. This will demonstrate your hands-on approach and ability to deliver quality work.

Stakeholder Management Skills

You'll need to manage a variety of stakeholders, so think about your past experiences in this area. Prepare to share specific examples of how you've navigated complex stakeholder relationships, especially in technical environments. Highlight your communication skills and how you adapt your style for different audiences.

Embrace Ambiguity

This role requires someone who can thrive in uncertain situations. Be ready to discuss times when you've successfully built structure in ambiguous environments. Share your strategies for tackling unclear requirements and how you keep projects moving forward despite challenges.