At a Glance
- Tasks: Lead business analysis for banking and payments projects, shaping processes and enhancing systems.
- Company: Join a leading financial institution driving transformation in banking payments.
- Benefits: Hybrid work model, competitive pay, and potential for contract extension.
- Other info: Collaborative environment with opportunities for professional growth.
- Why this job: Make a real impact in a high-stakes role within the finance sector.
- Qualifications: Experience as a Business Analyst in banking or financial services is essential.
The predicted salary is between 36000 - 60000 £ per year.
Business Analyst - Banking & Payments
London Hybrid
6 months with likely extension
Inside IR35 via Umbrella
SC Cleared role
We are seeking a highly skilled Business Analyst with proven expertise in the Banking and Payments domain. This role requires deep understanding of the financial sector, including regulatory frameworks and operational processes. Ideal candidates will bring strong knowledge of SWIFT messaging standards, ISO 20022, and business process optimisation, supporting strategic initiatives and delivering impactful change across complex financial environments.
Key Responsibilities
- Requirements Gathering & Analysis:
Capture and document business requirements aligned to project goals. Collaborate with stakeholders to define functional and non-functional needs. - Process Mapping & Improvement:
Model current and future state processes using BPMN. Identify opportunities for efficiency, cost savings, and automation. - Stakeholder Engagement:
Build strong relationships across business units, facilitating workshops and ensuring alignment between business and technical teams. - Testing & Delivery Support:
Assist in test planning, defect management, and validating solutions against business needs. - Change & Transition Support:
Contribute to change impact assessments, training materials, and smooth implementation of new processes or systems.
Key Skills & Requirements
- Proven experience in Business Analysis within Banking and Payments.
- Strong understanding of the finance sector, including regulatory and operational frameworks.
- Proficient in process modelling tools (e.g., Visio), Microsoft Office Suite, and BPMN techniques.
- Familiarity with project delivery methodologies (Agile, Waterfall).
- Excellent communication, analytical, and stakeholder management skills.
- Experience with tools like JIRA, Confluence, and SharePoint is a plus.
- Holds valid SC Clearance.
If this role is of interest to you, please apply with an updated CV now!
Guidant, Carbon60, Lorien & SRG - The Impellam Group Portfolio are acting as an Employment Business in relation to this vacancy.
Business Analyst - Banking & Payments employer: Lorien
Join a leading financial institution in London that prioritises employee growth and development within a dynamic and collaborative work culture. With a hybrid working model, you will enjoy the flexibility of working from home while also benefiting from in-person collaboration 2 to 3 days a week. This role offers the opportunity to be part of a significant transformation in banking payments, allowing you to make a meaningful impact while advancing your career in a supportive environment.
StudySmarter Expert Advice🤫
We think this is how you could land Business Analyst - Banking & Payments
✨Tip Number 1
Network like a pro! Reach out to your connections in the banking and payments sector. A friendly chat can lead to insider info about job openings or even a referral, which can give you a leg up in the application process.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of SWIFT and ISO 20022 standards. We all know that confidence is key, so being able to discuss these topics fluently will impress potential employers and show you're the right fit for the role.
✨Tip Number 3
Showcase your experience with ERP systems, especially Oracle. Bring examples of how you've contributed to system enhancements or process improvements in past roles. This will demonstrate your hands-on expertise and make you stand out.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we’re always on the lookout for talented individuals like you to join our team in making a difference in the banking and payments landscape.
We think you need these skills to ace Business Analyst - Banking & Payments
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Business Analyst role in Banking & Payments. Highlight your experience with payments systems and ERP platforms like Oracle, as these are key for us.
Showcase Your Skills:Don’t just list your skills; demonstrate them! Use specific examples from your past roles that show how you’ve led business analysis or improved processes in financial services.
Engage with Stakeholders:Since stakeholder engagement is crucial, mention any relevant experiences where you’ve successfully collaborated with teams or managed vendor relationships. We love seeing how you communicate and build connections!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any updates!
How to prepare for a job interview at Lorien
✨Know Your Payments Systems
Make sure you brush up on your knowledge of payment systems like SWIFT and ISO 20022. Be ready to discuss how you've worked with these standards in the past, as this will show your expertise and relevance to the role.
✨Showcase Your BA Experience
Prepare specific examples from your previous roles where you've successfully led business analysis projects. Highlight your experience in banking or financial services, and be ready to explain how you gathered and documented requirements effectively.
✨Engage with Stakeholders
Demonstrate your excellent stakeholder engagement skills by discussing how you've collaborated with different teams. Think of instances where you navigated complex relationships and how that contributed to successful project outcomes.
✨Familiarise Yourself with ERP Systems
If you have experience with Oracle or other ERP platforms, make sure to mention it. Discuss any enhancements you've contributed to and how they improved processes. This will show your ability to support ERP system enhancements effectively.
