At a Glance
- Tasks: Lead requirements gathering and analyse payment processes to enhance product success.
- Company: Join Innovative Systems, a leader in hi-tech data management and compliance solutions.
- Benefits: Enjoy flexible hybrid work, generous time-off, and tuition reimbursement.
- Other info: Collaborative culture with diverse teams and excellent career growth opportunities.
- Why this job: Make a real impact in the fintech industry while improving customer outcomes.
- Qualifications: 3-5 years as a Business Analyst in fintech or payments, with strong analytical skills.
The predicted salary is between 55000 - 65000 £ per year.
Innovative Systems, a worldwide leader of hi-tech data management, AML compliance, and Payment Screening solutions, is looking for a high-achieving detail-oriented Senior Business Analyst supporting our Payments products. A Business Analyst in a payments screening company faces the constant challenge of translating highly complex regulatory, technical, and operational requirements into clear, actionable product requirements documentation. Because AML and sanctions expectations evolve rapidly across jurisdictions, the analyst must continuously interpret new rules, ensure alignment with screening logic, and reconcile diverse stakeholder needs—from engineering and marketing teams to customer support teams and everything in between.
The analyst must also navigate the inherent tension between regulatory rigor and payment-speed expectations, especially as instant payments, real-time rails, and cross-border flows demand accurate screening outcomes with minimal latency. This requires deep analytical judgment, an ability to identify subtle workflow inefficiencies, and a structured approach to determining whether product changes truly reduce risk or unintentionally create new vulnerabilities. At the same time, the analyst must serve as a trusted partner to work with customers to guide future enhancements to the product, optimize workflows, dashboards, and reporting.
Conducting operational reviews after product releases is uniquely challenging in AML screening because success cannot be measured solely through technical performance—customer feedback, reduction in false positives, alert quality, and the practicality of new features within the customers' teams all determine actual value. The analyst must be adept at guiding customer conversations, extracting meaningful insights, and reconciling conflicting user feedback while maintaining a firm understanding of how screening logic, case management, and payment-rail variations interplay. Ultimately, they must balance customer expectations, regulatory obligations, and internal development constraints while ensuring the company’s AML solutions remain effective, defensible, and competitive.
Reporting to the Head of Product Management, you will serve as the bridge between customers, product management, engineering, and revenue team stakeholders. You will be responsible for driving clear, actionable requirements; performing operational reviews of product releases; and ensuring product success through direct customer engagement. This position is ideal for someone who has strong analytical capabilities, deep payments industry knowledge, is naturally curious, and a passion for improving customer outcomes in a highly regulated domain.
Key Responsibilities
- Lead end‑to‑end requirements gathering across multiple teams, ensuring functional and technical clarity ahead of development cycles.
- Analyze and document business processes, customer workflows, and screening requirements across various payment types.
- Conduct operational reviews of product releases to evaluate usability, adoption, and performance.
- Engage directly with customers to validate requirements, gather feedback, and measure release success through data and conversations.
- Partner with Product, Engineering, Compliance, and Operations to recommend enhancements and resolve gaps.
- Support user acceptance testing (UAT), regression testing, and readiness activities prior to deployment.
- Develop business cases, process documentation, and stakeholder communications to support roadmap initiatives.
- Translate complex payment-screening needs into well‑structured requirements aligned with regulatory, operational, and customer expectations.
What do I need to have to make an impact?
We find that having at least 3–5 years of experience as a Business Analyst, preferably within fintech, payments, RegTech, or financial services industry will give you the right foundational skills. Adding to that you'll have:
- Expert level experience in drafting detailed product requirements documents that engineering can take and transform into functional development requirements.
- Work across cross functional teams to ask detailed questions and uncover issues that can be complex in nature but can be broken down into actionable steps and requirements.
- Strong understanding of different types of payment rails, such as ACH, RTP, card networks, wires, and alternative payment methods.
- Working knowledge of international payments, including cross‑border settlement, FX considerations, and regional variations in payment schemes.
- Demonstrated ability to engage with customers, synthesize feedback, and incorporate findings into product improvements.
- Proven experience conducting operational assessments after feature or product releases, interpreting customer feedback, and articulating success metrics.
- Excellent communication skills with the ability to engage both technical and non‑technical stakeholders.
- Ability to manage competing priorities and deliver outcomes in a fast‑paced environment.
- Collaborative mindset with a strong sense of ownership and accountability.
- Bachelor’s degree or equivalent experience.
It’s a plus if you bring
- Basic understanding of blockchain‑based payments, digital assets, or tokenized payment infrastructures.
- Foundational knowledge of AML concepts, sanctions screening, and regulatory expectations in financial crime compliance.
- Basic AI understanding and how its functionality is used in the screening market.
- Hands‑on experience using FinScan or similar AML/sanctions screening tools.
- Background working within a regulated financial institution, including comfort navigating compliance and audit requirements.
- CAMS certification or interest in pursuing AML‑related certifications.
This full‑time position is based at our London headquarters office in Tower 42, the heart of London’s financial district. We offer a flexible hybrid work environment, working on‑site, at the office 2‑3 days per week.
Consistently voted a Top Workplace, Innovative is thought and motion – listening to the ideas of our teams and our customers and acting to continually evolve our culture and our solutions. Innovative provides excellent benefits in support of your health, career, and financial well‑being including generous time‑off, tuition reimbursement, volunteer service time‑off, charitable gift‑matching, profit‑sharing, and a pension scheme. Innovative’s teams are diverse, multi‑cultural, and welcoming! You will find friends and mentors among local teammates and from those based at our offices abroad. You’ll always have someone to help you or to hang out with!
Innovative is one of the world’s most trusted providers of best‑of‑breed data quality and compliance solutions. Since 1968, we have been known for providing solutions that are fast, accurate, and scalable. FinScan, one of our most recognized products, is used by our clients in over 60 countries to identify potential money laundering (AML) and terrorist financing threats – helping to keep us all - a bit safer.
Innovative’s world headquarters is in Pittsburgh, Pennsylvania. Our regional offices are in London, UK; Mexico City, Mexico; Dubai, UAE and São Paulo, Brazil. Innovative is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other protected characteristics. Work visa sponsorship is not available for this position. Innovative does not accept unsolicited resumes.
Senior Business Analyst in London employer: Innovative Systems, Inc.
Innovative is an exceptional employer that fosters a dynamic and inclusive work culture, offering flexible remote options across the UK and EMEA. Employees benefit from robust professional growth opportunities, collaborative cross-functional teams, and the chance to engage with leading global partners in the fintech and regtech sectors. With a commitment to diversity and equal opportunity, Innovative empowers its workforce to drive meaningful impact in compliance, payments, and data-driven risk management.
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We think you need these skills to ace Senior Business Analyst in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In the business intelligence field, showcasing your analytical skills is a must. Make sure your CV includes relevant experience with data analysis tools, programming languages like SQL or Python, and any projects where you've interpreted complex data sets to drive business decisions.
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Tailor Your Documents for Us:When applying for a full-time role at Innovative Systems, Inc., tailor your CV and cover letter to reflect our organisational goals and strategies. Mention specific tools and methodologies that align with what we do—this shows you’ve done your homework and are genuinely interested in our mission!
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How to prepare for a job interview at Innovative Systems, Inc.
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✨Portfolio of Projects
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✨Know their business model
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