At a Glance
- Tasks: Transform business needs into tech solutions that enhance banking operations and customer experiences.
- Company: Join IBM, a leader in tech innovation and financial services.
- Benefits: Enjoy flexible working, 25 days holiday, health cover, and career growth opportunities.
- Why this job: Make a real impact in the banking sector with cutting-edge technology and diverse teams.
- Qualifications: Experience in banking as a Business Analyst and strong analytical skills required.
- Other info: Embrace a culture of continuous learning and innovation at IBM.
The predicted salary is between 36000 - 60000 £ per year.
At IBM CIC, we provide technical and industry expertise to a wide range of public and private sector clients in the UK. A career in IBM CIC means you'll have the opportunity to work with leading professionals across multiple industries to improve the hybrid cloud and AI journey for the most innovative and valuable companies in the world. You will get the chance to deliver effective solutions, driving meaningful business change for our clients, using some of the latest technology platforms. Curiosity and a constant quest for knowledge serve as the foundation to success here. You'll be encouraged and supported to constantly reinvent yourself, focusing on skills in demand in an ever changing market. You'll be working with diverse teams, coming up with creative solutions which impact a wide network of clients, who may be at their site or one of our CIC or IBM locations. Our culture of evolution centres on longāterm career growth and development opportunities in an environment that embraces your unique skills and experience.
We Offer
- Many training opportunities from classroom to eālearning, mentoring and coaching programs and the chance to gain industry recognised certifications.
- Regular and frequent promotion opportunities to ensure you can drive and develop your career with us.
- Feedback and checkpoints throughout the year.
- Diversity & Inclusion as an essential and authentic component of our culture through our policies and process as well as our Employee Champion teams and support networks.
- A culture where your ideas for growth and innovation are always welcome.
- Internal recognition programmes for peerātoāpeer appreciation as well as from manager to employees.
- Tools and policies to support your workālife balance from flexible working approaches, sabbatical programmes, 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 Programme, life assurance and a group personal pension plan of an additional 5% of your base salary paid by us monthly to save for your future.
Your Role and Responsibilities
We are looking for a Technical Business Analyst to join IBM's Financial Services team, with strong experience in the banking sector. The role focuses on translating business needs into technology solutions that improve operational efficiency, support regulatory compliance, and enhance customer and user experiences. The ideal candidate will have a strong understanding of banking platforms, data integration, and financialāservices regulatory frameworks. You will work closely with business, technology, architecture and compliance teams to gather requirements, shape technical specifications and support the delivery of solutions across core banking, digital channels and associated platforms.
Key Responsibilities
- Analyse business and regulatory requirements and convert them into clear technical specifications for banking systems, integrations and data flows.
- Partner with stakeholders across retail, commercial and digital banking to understand current processes, dependencies and system interactions.
- Provide subjectāmatter expertise across key banking domains such as payments, cards, lending, core banking, digital journeys and regulatory compliance (e.g., PSD2, AML/KYC).
- Work with IBM product, architecture and technology teams to ensure solutions align with industry standards, regulatory expectations and client objectives.
- Support impact assessments for regulatory changes, new products and enhancements to banking systems.
- Conduct gap analysis to compare existing and target states of systems or processes.
- Collaborate with architects and development teams to shape solution approaches and integration requirements.
- Support the creation of data models, system maps and interface specifications.
- Review technical designs to ensure traceability and alignment with business goals.
- Use SQL or advanced data analysis techniques to validate requirements, support rootācause analysis and contribute to testing activities (preferred skill within IBM banking projects).
- Support testing and validation activities to ensure solutions meet business needs, regulatory obligations and data integrity standards.
- Facilitate workshops and discussions with business stakeholders, architects and developers to gather requirements and review solution proposals.
Preferred Education
Bachelor's Degree
Required Technical and Professional Expertise
- Experience as a Business Analyst or Technical Business Analyst in banking or financial services.
- Strong understanding of banking processes, digital channels and data integration principles.
- Familiarity with banking products and functions such as payments, lending, account management and treasury operations.
- Experience working with regulatory and compliance requirements impacting banking technology (e.g., AML, KYC, PCIāDSS, SOX and dataāprivacy regulations).
- Handsāon experience with Agile delivery frameworks and tools such as JIRA, Confluence and process modelling tools (Visio, BPMN, Lucidchart).
- Strong analytical and problemāsolving skills with high attention to detail; SQL or dataāanalysis capability preferred.
- Excellent communication, documentation and stakeholderāmanagement skills.
Preferred Technical and Professional Experience
- Relevance technical business analyst or business analysis certifications (e.g., CBAP, CCBA, ECBA, BCS Business Analysis, PMIāPBA or Agile/Scrum certifications).
- Experience with business analysis and documentation tools such as Lucidchart, Visio, JIRA and Confluence.
- Familiarity with Agile methodologies, including the Scrum framework and associated delivery practices.
- Knowledge of the software development life cycle (SDLC) and how technology changes move through discovery, design, development, testing and deployment.
- Experience in data analysis and reporting to support requirement validation, impact assessment and solution design.
- A strong commitment to continuous learning and professional development, aligned with IBM's culture of growth and upskilling.
Technical Business Analyst - Financial Services in London employer: IBM
Contact Detail:
IBM Recruiting Team
StudySmarter Expert Advice š¤«
We think this is how you could land Technical Business Analyst - Financial Services in London
āØTip Number 1
Network like a pro! Reach out to professionals in the financial services sector on LinkedIn or at industry events. A friendly chat can lead to opportunities that arenāt even advertised yet.
āØTip Number 2
Prepare for interviews by researching IBM's latest projects and technologies. Show us youāre not just interested in the role, but also in how you can contribute to our innovative solutions.
āØTip Number 3
Practice your problem-solving skills with real-world scenarios. We love candidates who can think on their feet and come up with creative solutions to complex issues.
āØTip Number 4
Donāt forget to apply through our website! Itās the best way to ensure your application gets noticed. Plus, weāve got loads of resources to help you ace the process.
We think you need these skills to ace Technical Business Analyst - Financial Services in London
Some tips for your application š«”
Tailor Your CV: Make sure your CV is tailored to the Technical Business Analyst role. Highlight your experience in banking and any relevant technical skills. We want to see how your background aligns 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 passionate about this role and how your skills can contribute to our team. Keep it concise but impactful ā we love a good story!
Showcase Your Analytical Skills: As a Technical Business Analyst, your analytical skills are key. In your application, mention specific examples where you've successfully analysed business needs and translated them into tech solutions. We want to see your problem-solving prowess!
Apply Through Our Website: Don't forget to apply through our website! Itās the best way for us to receive your application and ensures youāre considered for the role. Plus, itās super easy ā just follow the prompts and submit your materials!
How to prepare for a job interview at IBM
āØKnow Your Banking Basics
Make sure you brush up on your knowledge of banking processes and regulatory frameworks like AML and KYC. Being able to discuss these topics confidently will show that you understand the industry and can translate business needs into tech solutions.
āØShowcase Your Analytical Skills
Prepare to demonstrate your analytical prowess by discussing past experiences where you've used SQL or data analysis techniques. Bring examples of how you've validated requirements or conducted gap analyses, as this will highlight your problem-solving abilities.
āØFamiliarise Yourself with Agile Methodologies
Since the role involves working with Agile delivery frameworks, be ready to talk about your experience with tools like JIRA and Confluence. Share specific instances where you've contributed to Agile projects, as this will show you're a good fit for their dynamic environment.
āØEngage with Stakeholders
Think about how you've facilitated discussions with stakeholders in the past. Be prepared to share examples of how you've gathered requirements and collaborated with teams. This will demonstrate your communication skills and ability to work effectively across diverse groups.