At a Glance
- Tasks: Enhance business value through process optimisation and operational improvements.
- Company: Join a leading banking firm in London with a focus on innovation.
- Benefits: Enjoy a hybrid work model and competitive salary up to £60,000.
- Other info: Collaborate with diverse teams and external vendors for exciting challenges.
- Why this job: Be part of impactful projects that shape the future of banking.
- Qualifications: Experience in business analysis and strong communication skills required.
The predicted salary is between 43200 - 72000 £ per year.
Location: London, Hybrid
Salary: Up to £60,000
Industry: Banking
Key Responsibilities:
- Explores and identifies ways to enhance business value through process optimisation, system development, and operational improvements.
- Acts as a key point of contact between business stakeholders, technical teams, external vendors, and quality assurance professionals.
- Possesses solid expertise in interpreting data, understanding business contexts, and producing insightful reports.
- Provides input throughout the project lifecycle, from initial analysis and design to configuration, testing, and post-implementation support, ensuring solutions are fit for purpose.
- Contributes to the development of comprehensive and clearly articulated business cases to support new projects and funding proposals.
- Evaluates the practicality of proposed solutions and defines detailed requirements for new features or system upgrades to ensure alignment with strategic goals.
- Produces clear documentation of workflows, business needs, and system specifications using established techniques and tools.
- Supports user acceptance testing efforts and helps assess the severity and impact of defects to assist with prioritisation.
- Works in partnership with fellow Business Analysts to identify and manage dependencies across multiple initiatives.
- Assists the organisation in meeting regulatory, audit, and safety obligations by aligning activities with internal policies and management guidance.
Requirements:
- Demonstrates broad experience across business analysis, major system rollouts, change delivery, stakeholder engagement, and research or data-driven projects.
- Supports organisational responsibilities related to compliance, audits, and safety in alignment with internal policies and leadership directives.
- Strong ability to analyse complex problems and think conceptually.
- Well-versed in financial services, lending, or banking operations, with hands-on knowledge of associated systems.
- Experienced in collaborating with external vendors and third-party service providers.
- Skilled communicator with the ability to convey ideas clearly in both written and verbal formats.
- Effective at simplifying complex concepts and presenting them in a clear, compelling narrative.
- Capable of coordinating diverse teams and suppliers to meet defined documentation and project milestones.
- Proven ability to manage workload and deliver results within strict time constraints.
- Familiar with established methodologies and best practices for managing organisational change.
Business Analyst (Ref: 187193) in City of London employer: Forsyth Barnes
As a leading player in the banking industry, our company offers an exceptional work environment in London, where innovation and collaboration thrive. We prioritise employee growth through continuous learning opportunities and a supportive culture that values diverse perspectives. With competitive salaries and a hybrid working model, we empower our Business Analysts to make impactful contributions while enjoying a balanced work-life experience.
StudySmarter Expert Advice🤫
We think this is how you could land Business Analyst (Ref: 187193) in City of London
✨Tip Number 1
Familiarise yourself with the banking industry and its operations. Understanding the specific challenges and trends in financial services will help you engage more effectively with stakeholders and demonstrate your expertise during interviews.
✨Tip Number 2
Brush up on your data analysis skills. Being able to interpret complex data and produce insightful reports is crucial for a Business Analyst role. Consider using tools like Excel or SQL to showcase your analytical capabilities.
✨Tip Number 3
Network with professionals in the banking sector. Attend industry events or join relevant online forums to connect with others in the field. This can provide valuable insights and potentially lead to referrals for the position.
✨Tip Number 4
Prepare to discuss your experience with stakeholder engagement and project management. Be ready to share specific examples of how you've successfully collaborated with diverse teams and managed project milestones in previous roles.
We think you need these skills to ace Business Analyst (Ref: 187193) in City of London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights relevant experience in business analysis, particularly in banking or financial services. Use keywords from the job description to demonstrate your fit for the role.
Craft a Compelling Cover Letter:Write a cover letter that showcases your understanding of the key responsibilities outlined in the job description. Mention specific examples of how you've enhanced business value through process optimisation or system development in previous roles.
Showcase Your Analytical Skills:In your application, provide examples of how you've successfully interpreted data and produced insightful reports. Highlight any experience you have with user acceptance testing and managing project lifecycles.
Highlight Communication Skills:Since the role requires strong communication abilities, ensure your application reflects your skills in conveying complex ideas clearly. Include examples of how you've effectively collaborated with stakeholders and external vendors.
How to prepare for a job interview at Forsyth Barnes
✨Understand the Role
Make sure you have a solid grasp of what a Business Analyst does, especially in the banking sector. Familiarise yourself with key responsibilities like process optimisation and stakeholder engagement, as these will likely come up during your interview.
✨Prepare for Scenario Questions
Expect to be asked about specific situations you've encountered in previous roles. Think of examples where you've successfully analysed complex problems or improved processes, and be ready to discuss the outcomes.
✨Showcase Your Communication Skills
As a Business Analyst, you'll need to convey ideas clearly. Practice articulating your thoughts on complex topics in a simple manner. You might be asked to explain a technical concept, so being able to simplify it is key.
✨Familiarise Yourself with Compliance and Regulatory Standards
Since the role involves aligning activities with internal policies and regulatory obligations, brush up on relevant compliance standards in the banking industry. Being knowledgeable in this area can set you apart from other candidates.
