Business Analyst - Financial Services in London
Business Analyst - Financial Services

Business Analyst - Financial Services in London

London Full-Time 55000 - 65000 £ / year (est.) Home office (partial)
IBM

At a Glance

  • Tasks: Lead analysis and documentation of business requirements in financial services.
  • Company: Join IBM Consulting UK FutureNow, a leader in hybrid cloud and AI.
  • Benefits: Flexible working, 25 days holiday, private medical cover, and continuous learning support.
  • Other info: Dynamic team environment with excellent career progression opportunities.
  • Why this job: Make a real impact on high-profile projects while developing in-demand skills.
  • Qualifications: Experience as a Business Analyst in banking/financial services with strong analytical skills.

The predicted salary is between 55000 - 65000 £ per year.

At IBM Consulting UK FutureNow, you’ll build a career at the forefront of hybrid cloud and AI, working with leading clients across the public and private sectors. You’ll collaborate with top industry professionals, gain hands-on experience with cutting-edge technologies, and deliver solutions that create real business impact. From day one, you’ll work on meaningful, high-profile programmes that stretch your skills and accelerate your growth. We invest heavily in you—supporting continuous learning, in-demand skills development, and long-term career progression. You’ll thrive in a flexible, inclusive environment that values curiosity, encourages reinvention, and recognises what makes you unique.

We Offer:

  • Tools and policies to support your work-life balance from flexible working approaches, sabbatical programs, paid paternity leave, maternity leave and an innovative maternity returners scheme.
  • More traditional benefits, such as 25 days holiday (in addition to public holidays), private medical, dental & optical cover, online shopping discounts, an Employee Assistance Program, life assurance and a group pension plan through salary sacrifice.

Your Role and Responsibilities:

We are seeking an experienced Senior Business Analyst to join our team. This individual will lead the analysis and documentation of business requirements, as well as facilitate collaboration between stakeholders and development teams.

Responsibilities:

  • Gather, document, and analyze business requirements from various stakeholders.
  • Define project scope, objectives, and success criteria in collaboration with stakeholders.
  • Support cross‑functional teams in translating business needs into functional and technical specifications.
  • Contribute to the creation of business cases, process flows, and user stories.
  • Facilitate workshops, meetings, and training sessions to foster collaboration and knowledge sharing.

Preferred Education:

  • Bachelor's Degree

Required Technical And Professional Expertise:

  • Extensive experience as a Business Analyst or Technical Business Analyst in banking/financial services.
  • Strong understanding of banking processes, digital channels and data integration concepts.
  • Familiarity with banking products and processes such as account management, payments, lending and treasury operations.
  • Experience with regulatory and compliance requirements affecting banking technology (e.g. AML, KYC, PCI-DSS, SOX, data privacy regulations).
  • Hands‑on experience with Agile delivery, JIRA, Confluence and process modelling tools (Visio, BPMN, Lucidchart).
  • Strong analytical and problem‑solving skills with attention to detail; SQL/data analysis capability preferred.
  • Excellent communication, stakeholder management and documentation skills. Proven experience in business analysis and requirements gathering.
  • Ability to work well in a team and adapt to changing priorities.

Preferred Technical And Professional Experience:

  • Experience with business analysis tools (e.g., Lucidchart, Visio, JIRA).
  • Familiarity with Agile methodologies and Scrum framework.
  • Knowledge of software development life cycle (SDLC).
  • Experience in data analysis and reporting.
  • Passion for continuous learning and professional development.

This role is subject to pre‑employment screening in line with the UK Government’s Baseline Personnel Security Standard (BPSS). An additional range of personal security controls referred to as National Security Vetting (NVS) may apply, this could include meeting the eligibility requirements for The Security Check (SC) or Developed Vetting (DV).

Business Analyst - Financial Services in London employer: IBM

At IBM Consulting UK FutureNow, we pride ourselves on being an exceptional employer that champions innovation and professional growth. Our flexible and inclusive work culture fosters collaboration and creativity, while our commitment to continuous learning ensures that you will develop in-demand skills and advance your career in the dynamic field of financial services. With a comprehensive benefits package and a focus on work-life balance, you'll find meaningful and rewarding employment that truly values your unique contributions.
IBM

Contact Detail:

IBM Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Business Analyst - Financial Services in London

✨Network Like a Pro

Get out there and connect with people in the industry! Attend networking events, webinars, or even local meetups. The more you engage with professionals in financial services, the better your chances of landing that Business Analyst role.

✨Show Off Your Skills

When you get the chance to chat with potential employers, don’t hold back! Share specific examples of how you've tackled business analysis challenges in the past. This will help them see the real impact you can make in their team.

✨Tailor Your Approach

Every company is different, so make sure you tailor your conversations to fit their culture and needs. Research IBM Consulting and understand their projects and values, then align your skills and experiences with what they’re looking for.

✨Apply Through Our Website

Don’t forget to apply directly through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our team at IBM Consulting.

We think you need these skills to ace Business Analyst - Financial Services in London

Business Requirements Analysis
Stakeholder Management
Agile Methodologies
JIRA
Confluence
Process Modelling Tools
SQL
Data Analysis
Documentation Skills
Communication Skills
Problem-Solving Skills
Attention to Detail
Banking Processes
Regulatory Compliance Knowledge
Software Development Life Cycle (SDLC)

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Business Analyst role in financial services. Highlight relevant experience, especially in banking processes and Agile methodologies, so we can see how you fit right into our team.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about this role and how your skills align with our needs. Be genuine and let your personality come through!

Showcase Your Analytical Skills: As a Business Analyst, strong analytical skills are key. In your application, provide examples of how you've successfully gathered and documented business requirements or solved complex problems in past roles.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!

How to prepare for a job interview at IBM

✨Know Your Business Inside Out

Before the interview, dive deep into the financial services sector and understand the specific banking processes mentioned in the job description. Familiarise yourself with terms like AML, KYC, and the Agile methodologies they use. This will not only help you answer questions confidently but also show your genuine interest in the role.

✨Showcase Your Analytical Skills

Prepare to discuss your previous experiences as a Business Analyst, especially those involving data analysis and problem-solving. Bring examples of how you've gathered requirements and translated them into actionable insights. Use the STAR method (Situation, Task, Action, Result) to structure your responses effectively.

✨Engage with Stakeholders

Since the role involves collaboration with various stakeholders, think of ways to demonstrate your communication skills. Prepare to talk about how you've facilitated workshops or meetings in the past. Highlight your ability to manage different perspectives and drive consensus among teams.

✨Ask Insightful Questions

At the end of the interview, don’t shy away from asking questions. Inquire about the team dynamics, ongoing projects, or how they measure success in this role. This shows that you're not just interested in the position but also in how you can contribute to their goals.

Business Analyst - Financial Services in London
IBM
Location: London

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