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- Tasks: Review and improve payroll processes while collaborating with various teams.
- Company: Leading UK investment bank offering a dynamic work environment.
- Benefits: Hybrid working, competitive pay, and opportunities for professional growth.
- Why this job: Make a real impact by enhancing payroll efficiency in a fast-paced setting.
- Qualifications: Experience in business analysis, strong Excel skills, and an analytical mindset.
- Other info: Join a team where your insights can drive meaningful change.
The predicted salary is between 36000 - 60000 £ per year.
Location: London (Hybrid)
6 Month Contract
Our leading UK Investment Banking client are currently looking for a Process Analyst to join their team on an initial 6 month contract.
Role Overview
The Business Process Analyst / Business Analyst will support the Payroll function within an investment banking environment, focusing on process review, controls, data integrity and stakeholder engagement.
Key Responsibilities
- Review and document current‑state payroll processes, identifying inefficiencies, risks and control gaps
- Develop tools to perform detailed payroll reconciliations, investigating variances and resolving discrepancies across multiple data sources
- Use Excel extensively to build processes to analyse large datasets, build reconciliations, and produce clear management reporting
- Partner with Payroll, HR, Finance, Technology and Risk teams to gather requirements and understand business needs
- Act as an inquisitive challenger, asking the right questions to fully understand issues and root causes
- Design and recommend future‑state process improvements, including automation and control enhancements
- Support the implementation of new processes, ensuring changes are clearly documented and adopted
- Produce clear documentation including process maps, impact assessments and business requirements
- Assist with audit queries and regulatory requests related to payroll processes and controls
Key Skills & Experience
- Proven experience as a Business Analyst or Business Process Analyst, ideally within Payroll, Finance or Operations
- Strong Excel skills (e.g. pivots, lookups, reconciliations, data validation; VBA a plus)
- Solid experience performing financial or payroll reconciliations in a controlled environment
- Highly inquisitive and analytical mindset, with strong attention to detail
- Demonstrated ability to review current‑state processes and make practical, value‑adding recommendations
- Confident communicator with experience engaging and influencing stakeholders at varying levels of seniority
- Comfortable working in a fast‑paced investment banking or financial services environment
- Strong documentation and presentation skills, able to translate complexity into clear outputs
Business Process Analyst (Payroll) in Slough employer: Lorien
Contact Detail:
Lorien Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Process Analyst (Payroll) in Slough
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and payroll sectors. Attend industry events or webinars, and don’t be shy about asking for introductions. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by practising common questions related to payroll processes and data analysis. Use the STAR method (Situation, Task, Action, Result) to structure your answers. This will help you showcase your analytical mindset and problem-solving skills effectively.
✨Tip Number 3
Show off your Excel skills! Be ready to discuss how you've used Excel for reconciliations and data analysis in past roles. Maybe even bring along a sample of your work to demonstrate your capabilities during interviews.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities that might just be perfect for you. Plus, it’s a great way to ensure your application gets seen by the right people. Let’s get you that Business Process Analyst role!
We think you need these skills to ace Business Process Analyst (Payroll) in Slough
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Business Process Analyst role. Highlight your experience with payroll processes, Excel skills, and any relevant projects that showcase your analytical mindset. We want to see how you can add value!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific experiences that relate to the job description and show us your enthusiasm for working in the investment banking sector.
Showcase Your Analytical Skills: Since this role requires a strong analytical mindset, make sure to include examples of how you've tackled complex problems in the past. Whether it's through process improvements or data analysis, we want to see your thought process!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining our team!
How to prepare for a job interview at Lorien
✨Know Your Payroll Processes
Before the interview, brush up on your knowledge of payroll processes and controls. Be ready to discuss specific examples from your past experience where you identified inefficiencies or implemented improvements. This will show that you understand the role and can hit the ground running.
✨Excel Skills on Display
Since strong Excel skills are crucial for this position, prepare to demonstrate your proficiency. Bring examples of how you've used Excel for data analysis, reconciliations, or reporting in previous roles. If possible, practice explaining your thought process while working through a complex dataset.
✨Engage with Stakeholders
Highlight your experience in stakeholder engagement during the interview. Prepare to share stories about how you've collaborated with different teams, like HR or Finance, to gather requirements or resolve issues. This will showcase your ability to communicate effectively across various levels of seniority.
✨Be Inquisitive and Analytical
Demonstrate your inquisitive nature by preparing thoughtful questions about the company's current payroll processes and potential areas for improvement. This not only shows your analytical mindset but also your genuine interest in contributing to their success.