At a Glance
- Tasks: Lead the IT integration of Loan IQ, collaborating with teams and stakeholders.
- Company: Join ABeam Consulting, a leader in corporate lending technology solutions.
- Benefits: Enjoy competitive pay, flexible working options, and opportunities for professional growth.
- Why this job: Be part of a transformative project that shapes the future of banking technology.
- Qualifications: 8-10 years in IT business analysis, with expertise in banking and systems integration.
- Other info: Work in a dynamic environment with a focus on innovation and collaboration.
The predicted salary is between 43200 - 72000 £ per year.
About the Company
We are seeking an experienced IT Business Analyst (end to end) to lead the replacement of legacy lending systems with Loan IQ, a corporate lending processing suite of Finastra. The ideal candidate will have a strong background in Commercial Banking operations, particularly with regards to Loans as a product, and extensive experience in leading IT business analysis with focus on definition of the target process, the target state of systems integration, and their SIT strategy within complex global environments. The role requires effective stakeholder management across London and the US, and a deep understanding of software development lifecycles, strong business process modelling skills, and knowledge about integration technology. The successful candidate will be responsible for ensuring the successful delivery of the IT integration component of this critical project, working with the PM, the architects, other CTB and RTB IT development teams, and key business stakeholders.
About the Role
The role involves leading the IT integration work stream of Loan IQ implementation with various upstream and downstream systems, engaging with stakeholders, providing project status updates, collaborating with cross-functional teams, and facilitating workshops and meetings.
Responsibilities
- Workstream Leadership: Lead the IT integration work stream of Loan IQ with various upstream and downstream systems.
- Stakeholder Management: Engage with stakeholders across headquarters, US, and within the European context to ensure clear communication, alignment and support for the project.
- Reporting: Provide regular project status updates to stakeholders and the PM.
- Team Collaboration: Work closely with cross-functional teams, including IT, Business units, to ensure the successful delivery.
- Workshops and Meetings: Lead and facilitate workshops, meetings, and reviews with key stakeholders from both business and IT to gather requirements, ensure alignment, and address any concerns or issues.
- Target Business Processes for Upstream / Downstream Systems Integration: Establish and document target business processes, delineating boundaries among inputs / outputs, systems, data flows, and inter-connections. This includes but is not limited to:
- Syndicated Loans
- Loan Agent Services
- Secondary Loan Trading
- Treasury and Funding
- Regulatory Reporting
- Finance and GL
- Counterparty data feeds into Loan IQ and other systems
- Setup and distribution of static data and market data to Loan IQ and related systems
- Intraday and end-of-day feeds of transactional and payments data into and from Loan IQ
- Credit line management, interactions and data feeds into core banking systems
- Accounting posting publications to local subledger system and GL system
Qualifications
- Minimum of 8-10 years of experience in IT business analysis and systems integration landscape, with a proven track record of delivering large-scale projects within complex, multinational organizations (Essential)
- In-depth understanding of the software development process and overall project life cycle (Essential)
- In-depth knowledge and work experience of banking product and finance, and a strong understanding of the regulatory environment in the banking sector (Essential)
- Demonstrated ability to effectively manage and control the workstream, ensuring it meets project requirements and timelines (Essential)
- Strong understanding of the software development lifecycle and experience overseeing key stages from requirements gathering to development (Essential)
- Excellent verbal and written communication skills, with the ability to present complex information clearly and effectively to diverse audiences (Essential)
- Strong analytical and problem-solving skills with proactive approach to identifying issues and implementing solutions (Essential)
- Ability to understand business user requirements (Essential)
- Excellent business acumen and client facing skills (Essential)
- Ability to work to tight timescales, be commercially aware, and work well within a team structure (Essential)
- Technically and architecturally aware (Essential)
- Knowledge of corporate banking systems (Essential)
- Strong knowledge and experience of lending business, products and processes from a lender's perspective and as a loan servicing agent (Essential)
- Experience with loan and lending platforms, particularly Loan IQ (Essential)
- Strong comprehensive business process modeling skills covering in-house upstream and downstream systems (Essential)
- Proficiency in integration architecture and business process documentation (e.g. BPMN, UML) (Essential)
- Knowledge and experience with REST API, enterprise service bus, protocol (e.g. HTTPS, SFTP), message formats (e.g. XML, JSON), business objects modeling, and business rules definition (Essential)
- Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities simultaneously (Desirable)
- Ability to quickly react to situations whilst maintaining a high quality of work (Desirable)
- Certified Business Analysis Professional (CBAP) or equivalent (Desirable)
Contact Detail:
Job Traffic Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Lending Technology Business Analyst
✨Tip Number 1
Familiarise yourself with Loan IQ and its functionalities. Understanding how this corporate lending processing suite works will give you an edge in discussions and demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the commercial banking sector, especially those who have experience with IT business analysis. Engaging with industry peers can provide insights and potentially lead to referrals.
✨Tip Number 3
Brush up on your stakeholder management skills. Since the role involves engaging with stakeholders across different regions, showcasing your ability to communicate effectively and manage relationships will be crucial.
✨Tip Number 4
Prepare to discuss your experience with systems integration and project management. Be ready to share specific examples of how you've successfully led similar projects in the past, as this will highlight your suitability for the role.
We think you need these skills to ace Senior Lending Technology Business Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in IT business analysis and systems integration, particularly in the banking sector. Emphasise your familiarity with Loan IQ and any large-scale project delivery you've been involved in.
Craft a Compelling Cover Letter: Write a cover letter that specifically addresses the responsibilities and qualifications mentioned in the job description. Use examples from your past experiences to demonstrate your stakeholder management skills and your understanding of software development lifecycles.
Showcase Your Technical Skills: In your application, clearly outline your technical skills related to integration architecture, business process modelling, and knowledge of REST APIs. This will help you stand out as a candidate who can handle the technical demands of the role.
Highlight Communication Skills: Since the role requires effective communication with diverse stakeholders, make sure to include examples of how you've successfully communicated complex information in previous roles. This could be through presentations, reports, or team collaborations.
How to prepare for a job interview at Job Traffic
✨Showcase Your Experience
Make sure to highlight your 8-10 years of experience in IT business analysis and systems integration. Be prepared to discuss specific large-scale projects you've delivered, especially those related to banking and lending.
✨Understand the Software Development Lifecycle
Demonstrate your in-depth understanding of the software development process. Be ready to explain how you've overseen key stages from requirements gathering to development, and how this knowledge will benefit the role.
✨Prepare for Stakeholder Engagement
Since stakeholder management is crucial, think of examples where you've effectively communicated with diverse audiences. Prepare to discuss how you ensure alignment and support for projects across different teams and locations.
✨Familiarise Yourself with Loan IQ
As the role involves leading the IT integration work stream of Loan IQ, make sure you have a solid understanding of this platform. Be ready to discuss your experience with loan and lending platforms, particularly how they integrate with other systems.