At a Glance
- Tasks: Support precious metals trading by gathering requirements and optimising processes.
- Company: Join a leading global financial services organisation with a strong reputation.
- Benefits: Enjoy a contract role with potential for remote work and valuable industry experience.
- Other info: Experience with ETRM/CTRM platforms and regulatory compliance is essential.
- Why this job: Be part of a major initiative that impacts global commodities trading and enhances your skills.
- Qualifications: 8+ years as a Business Analyst in commodities trading, especially precious metals.
The predicted salary is between 43200 - 72000 £ per year.
Overview
DORA Business Analyst - Hybrid Working - Outside IR35
Our client, a global Insurance broker, is looking to hire a Business Analyst with DORA programme experience to join the team on a hybrid contract basis. The client site for this role is in London, and the role would be onsite 3 days a week.
Responsibilities
- Work with the DORA Programme Director, TOM Workstream Lead, Tooling Workstream Lead and Group Head of TPRM to support creation of data dictionaries, data entity relationship diagrams for integration design, business process flows and RACI models for those processes
- Support the program director in creation, review and refinement of the group DORA programme artefacts, working with the relevant team members in CRO, CIO and COO functions and external consultants as required
- Develop, manage and maintain an inventory of all artefacts that need to be embedded
- Develop additional materials as needed that will enable the deployment of the key artefacts
- Work with the Implementation Workstream Lead to engage with local entity COO teams to adopt centrally created group artefacts for local implementation, including swim-lane process diagrams, role descriptions, and a RACI model
- Conduct Quality Assurance reviews on local adopted artefacts including Control Frameworks, Risk Assessments, IT DR plans, business continuity plans
- Create DORA business requirements and user stories for key technology implementation programmes including the ServiceNow CMDB, CSDM and TPRM tools
- Support the creation and coordination of DORA-compliant Target Operating Model (TOM) for both Group and Local Entities that can support the needs of other large scale change initiatives, working with representatives of Group COO, CRO and CIO teams, as well as local entity COOs
- Escalate issues and challenges to the DORA programme director and Group COO as required
Required Skills
- Full understanding of the DORA regulations and experience in implementing the regulations
- Extensive experience developing & delivering business requirements, data models and data dictionaries, swim-line process diagrams, entity relationship diagrams and RACI models
- Experience working in regulated financial services entities, ideally insurance
- High level of proficiency with MS Office applications, specifically PowerPoint and Word, ideally Visio or other modelling tools
- Knowledge of and experience working in a 3-line of defence operating model
Seniority level
- Mid-Senior level
Employment type
- Contract
Job function
- Information Technology
Industries
- Insurance
Business Analyst in London employer: Lorien
As a leading global financial services organisation, we pride ourselves on fostering a dynamic and inclusive work culture that encourages innovation and collaboration. Our London office offers exceptional employee growth opportunities, including access to cutting-edge training and development programmes tailored for the commodities trading sector. Join us to be part of a team that values your expertise and supports your career aspirations in a vibrant city known for its financial prowess.
StudySmarter Expert Advice🤫
We think this is how you could land Business Analyst in London
✨Tip Number 1
Network with professionals in the commodities trading sector, especially those who have experience with precious metals. Attend industry events or webinars to connect with potential colleagues and learn more about the latest trends and challenges in the field.
✨Tip Number 2
Familiarise yourself with the specific ETRM/CTRM platforms mentioned in the job description, like OpenLink Endur and Findur. Consider taking online courses or tutorials to enhance your understanding and demonstrate your commitment to mastering these tools.
✨Tip Number 3
Brush up on your knowledge of regulatory compliance related to precious metals trading, such as Basel III and Dodd-Frank. Being well-versed in these regulations will show that you can contribute to ensuring compliance in the role.
✨Tip Number 4
Prepare to discuss your experience with stakeholder management and how you've successfully bridged gaps between business teams and IT in previous roles. Highlight specific examples where your communication skills led to successful project outcomes.
We think you need these skills to ace Business Analyst in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience as a Business Analyst, particularly in commodities trading and precious metals. Emphasise relevant skills such as documentation, SQL/Excel proficiency, and any hands-on experience with ETRM/CTRM platforms.
Craft a Compelling Cover Letter:Write a cover letter that specifically addresses the key responsibilities and skills mentioned in the job description. Explain how your background aligns with the requirements, especially your experience with trading platforms and regulatory compliance.
Showcase Relevant Projects:In your application, include examples of past projects where you gathered business requirements, optimised processes, or supported testing phases. This will demonstrate your practical experience and ability to deliver results in similar roles.
Highlight Communication Skills:Since the role requires strong stakeholder management, make sure to mention instances where you've successfully communicated with various teams or vendors. This could be through project collaborations or presentations that showcase your ability to bridge gaps between technical and non-technical stakeholders.
How to prepare for a job interview at Lorien
✨Know Your Precious Metals
Make sure you have a solid understanding of the precious metals trading lifecycle. Brush up on key concepts like pricing, risk, logistics, and settlement, as these will likely come up during your interview.
✨Demonstrate Your Analytical Skills
Be prepared to discuss specific examples from your past experience where you've successfully gathered and documented business requirements. Highlight how you acted as a bridge between different teams and the impact of your contributions.
✨Familiarise Yourself with Relevant Regulations
Since regulatory compliance is crucial in this role, ensure you are well-versed in Basel III, Dodd-Frank, and LBMA regulations. Being able to discuss these confidently will show your potential employer that you understand the industry's complexities.
✨Prepare for Technical Questions
Given the emphasis on ETRM/CTRM platforms like OpenLink Endur/Findur, be ready to answer technical questions related to these systems. Brush up on your SQL and Excel skills, as they may ask you to demonstrate your proficiency.
