At a Glance
- Tasks: Lead analysis and design for the Sponsored Repo programme in a dynamic banking environment.
- Company: Global banking organisation with a focus on innovation and collaboration.
- Benefits: Competitive salary, flexible working, and opportunities for professional growth.
- Other info: Join a fast-paced team with excellent career advancement opportunities.
- Why this job: Make a real impact in securities operations and drive change in a leading financial institution.
- Qualifications: Experience in business analysis within investment banking and strong knowledge of securities operations.
The predicted salary is between 36000 - 60000 £ per year.
London based 3 days a week in the office. Global banking organisation are seeking a highly experienced Senior Business Analyst to support delivery across the Sponsored Repo programme and wider securities and derivatives change initiatives within Securities Operations. This is a hands-on, delivery-focused role requiring autonomy across Front Office, Technology, Treasury, and external partners to drive high-quality analysis, documentation, testing, and end-to-end process redesign.
Key Responsibilities:
- Lead end-to-end requirements capture for repo programme across trade capture, messaging, lifecycle management, clearing, reconciliations, and exception management.
- Support design and enhancement of operational workflows on repo programme, for centrally cleared repo via FICC, including allocations, cash and securities settlement, compare/affirmation, margining, and exception resolution.
- Translate business needs into structured requirements and Jira user stories, ensuring full traceability through design and testing.
- Identify and resolve gaps between current-state processes and Sponsored Repo requirements, collaborating with Front Office, TEC, and external clearing brokers/agents.
- Define, document, and support delivery of Target Operating Models (TOMs), including process maps, roles & responsibilities, controls, and handoffs.
- Develop test strategies, create detailed test packs, execute testing, and support UAT coordination.
- Analyse data flows, system interactions, dependencies, and operational bottlenecks to propose pragmatic, scalable solutions.
- Act as an operational SME, contributing to workshops, data mapping, control enhancements, and process automation opportunities.
Key Skills & Experience:
- Strong knowledge of fixed income securities operations, trade lifecycle processes, and derivatives flows.
- Proven Business Analysis experience within Investment banking or wider capital markets, with a solid understanding of cash and securities settlement, repo, and FICC operations would be highly desired.
- Experience delivering regulatory change, system upgrades, migrations, or cross-functional transformation programmes.
- Prior experience on repo or fixed income projects is highly advantageous.
- BA/PM hybrid capability, with emphasis on Business Analysis over project management.
- Technical aptitude with understanding of data structures, APIs, and system behaviour.
- Strong stakeholder management skills, able to influence senior stakeholders through structured analysis and recommendations.
Business Analyst employer: Magnit Global
As a leading global banking organisation, we pride ourselves on fostering a dynamic and inclusive work culture that empowers our employees to excel. With a strong focus on professional development, we offer extensive growth opportunities and the chance to work on impactful projects within the Securities Operations team in London. Our commitment to innovation and collaboration ensures that you will be part of a forward-thinking environment where your contributions are valued and recognised.
StudySmarter Expert Advice🤫
We think this is how you could land Business Analyst
✨Tip Number 1
Network like a pro! Reach out to your connections in the banking and finance sector. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by practising common Business Analyst scenarios. Think about how you would tackle real-world problems related to repo programmes or securities operations. Use the STAR method (Situation, Task, Action, Result) to structure your answers and showcase your experience effectively.
✨Tip Number 3
Showcase your skills through a portfolio! If you’ve worked on relevant projects, compile case studies that highlight your analysis, documentation, and testing skills. This will give potential employers a tangible sense of what you can bring to the table.
✨Tip Number 4
Don’t forget to apply through our website! We’re always on the lookout for talented individuals like you. Keep an eye on our job listings and make sure your application stands out by tailoring it to the specific role and demonstrating your understanding of the Sponsored Repo programme.
We think you need these skills to ace Business Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Business Analyst role. Highlight your experience in fixed income securities operations and any relevant projects you've worked on. We want to see how your skills align with the job description!
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 Sponsored Repo programme and how you can contribute to our team.
Showcase Your Analytical Skills:In your application, don’t forget to showcase your analytical skills. Provide examples of how you've successfully translated business needs into structured requirements or user stories. We love seeing real-world applications of your expertise!
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 important updates. Plus, it’s super easy!
How to prepare for a job interview at Magnit Global
✨Know Your Stuff
Make sure you brush up on your knowledge of fixed income securities operations and the trade lifecycle processes. Familiarise yourself with the specifics of the Sponsored Repo programme, as well as any recent regulatory changes that might impact the role.
✨Showcase Your Experience
Prepare to discuss your previous experience in business analysis within investment banking or capital markets. Be ready to share specific examples of how you've contributed to projects involving cash and securities settlement, repo, or FICC operations.
✨Master the Art of Communication
Since stakeholder management is key, practice articulating your thoughts clearly and confidently. Think about how you can influence senior stakeholders through structured analysis and recommendations, and be prepared to demonstrate this during the interview.
✨Be Ready for Technical Questions
Expect questions that test your technical aptitude, especially regarding data structures, APIs, and system behaviour. Brush up on these topics and think of practical examples where you've applied this knowledge in your previous roles.
