Business and data analyst in risk

Business and data analyst in risk

Full-Time 63000 - 77000 £ / year (est.) Hybrid
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At a Glance

  • Tasks: Lead data analysis and design for strategic initiatives in a dynamic team.
  • Company: Join a diverse global team that values individuality and collaboration.
  • Benefits: Flexible working, professional growth opportunities, and a supportive culture.
  • Other info: Experience in financial services is a plus; embrace diversity and inclusion.
  • Why this job: Make an impact in risk management while developing your analytical skills.
  • Qualifications: Degree or equivalent, with strong data analysis and stakeholder management skills.

The predicted salary is between 63000 - 77000 £ per year.

The main purpose of this Business and Data Analyst role is to lead and support the analysis, design and delivery activities required to implement strategic data initiatives, with a particular focus on the Head Office Data Lake programme. The role combines strong business analysis, stakeholder management and hands-on data analysis capabilities to ensure that business requirements are clearly understood, documented and translated into effective data solutions.

Responsibilities:

  • Provide subject matter expertise input into BAU enhancements (e.g. minor enhancements, bug fixes, Audit / Operational Risk RCSA item remediation, new product implementation) and larger change initiatives (e.g. system migrations to assist with Global Markets business growth, regulatory-driven commitments).
  • Data analysis and modelling.
  • Organise and participate in workshops where required.
  • Gather, specify and document business, functional and technical requirements.
  • Agree requirements and priorities with stakeholders.
  • Ensure issues and conflicts are identified, raised and resolved.
  • Design and agree solutions with stakeholders and ICBCS Architecture team to ensure solutions are in line with strategic architecture from a process, system and data perspective.
  • Ensure data flows are captured and data standards and controls are met.
  • Prototype solutions where required.
  • Strong stakeholder management skills, with the ability to elicit, challenge, negotiate and agree business and data requirements across multiple business and technology teams.
  • Working with Technology on estimating costs and timelines.
  • Supporting preparation of business cases for project funding requests.
  • Coordination of working groups and workshops, where required.
  • RAID log maintenance.
  • Coordination and chairing of steering and governance committees.
  • Preparation, syndication and distribution of material to be discussed at committees.

Requirements:

  • A degree or equivalent, further professional qualifications an advantage.
  • Experience of working in a regulated environment, ideally Financial Services change-related roles with a focus on Risk.
  • Experience in the design and implementation of Risk processes.
  • Solid understanding of Risk principles, methodologies, measures, systems and processes.
  • Strong Data analysis skills e.g. SQL, Python.
  • Background of structured analytical skills.
  • Strong stakeholder interaction and project management skills (across both waterfall and agile methodologies).
  • Strong documentation and MS Office skills.

Desirable:

  • Direct exposure to Credit Risk and/or Market Risk would be beneficial but not essential.
  • Third party vendor systems such as FIS Credit Risk Manager, Moody's Risk Frontier and Murex.
  • Global Markets businesses and products/services.
  • Operations processes such as collateral management.
  • Regulatory rules pertaining to Risk.
  • Knowledge of emerging markets an advantage.

Conditions:

We're a diverse and close-knit global team. We put people first, giving talented, self-driven professionals the flexibility, rewards and freedom to grow their expertise and realise their potential. Our vision statement, "Be Yourself, Succeed Together" underpins our drive for an open and transparent culture which values difference, enabling everyone to thrive whilst being themselves. We have an active E, D&I forum and we're growing other employee network groups, including for women and neurodiversity.

Business and data analyst in risk employer: ICBC Standard Bank Plc

ICBC Standard Bank Plc (ICBCS) is an exceptional employer, offering a dynamic work environment in the heart of London. With a strong commitment to employee growth and well-being, we provide market-based pay, generous family leave policies, and a hybrid working model that promotes work-life balance. Our inclusive culture fosters collaboration and innovation, ensuring that every team member can thrive while contributing to meaningful projects in the financial sector.

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Contact Details:

ICBC Standard Bank Plc Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Business and data analyst in risk

✨Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

✨Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

✨Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

✨Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like ICBC Standard Bank Plc. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Business and data analyst in risk

Business Analysis
Stakeholder Management
Data Analysis
SQL
Python
Risk Principles
Project Management

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to ICBC Standard Bank Plc.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on ICBC Standard Bank Plc's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at ICBC Standard Bank Plc

✨Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with ICBC Standard Bank Plc.

✨Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

✨Show Your Passion for Finance

Since this is a full-time position, employers at ICBC Standard Bank Plc will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

✨Network with Industry Professionals

Before your interview, reach out to current or former ICBC Standard Bank Plc employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.