At a Glance
- Tasks: Analyse and improve access management processes in a global banking environment.
- Company: Join a leading global banking organisation with a focus on innovation.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Collaborative team environment with excellent career advancement opportunities.
- Why this job: Make a real impact on security and compliance in the financial sector.
- Qualifications: Experience in IAM, strong analytical skills, and knowledge of regulatory frameworks.
The predicted salary is between 51750 - 63250 £ per year.
- Business Analyst - Identity & Access Management (IAM)
- London | Hybrid (4 days onsite) | Global Banking Organisation
- Our client, a leading global banking organisation, is seeking an experienced
Business Analyst to join a high-profile Identity & Access Management (IAM) programme.
This role will focus on improving access governance, role modelling, entitlement reviews and remediation activities, ensuring compliance with internal controls and regulatory requirements.
Working closely with Technology, Cyber Security and business stakeholders, you will gather requirements, analyse access management processes and support the delivery of IAM solutions across a complex enterprise environment.
Key Responsibilities IAM BA
- Gather, analyse and document business, functional and non-functional requirements.
- Produce Business Requirements Documents (BRDs), Functional Specifications and process documentation.
- Work with business application owners to understand, document and validate roles, permissions and entitlements.
- Analyse current access models and support role-based access control (RBAC), segregation of duties (So D) and least privilege initiatives.
- Develop test strategies, test plans and test cases, supporting System Integration Testing (SIT) and User Acceptance Testing (UAT).
- Present proposed solutions and findings to business and technology stakeholders.
- Produce project status reports, identify risks and escalates issues where appropriate.
- Perform SQL-based analysis and use Excel to support data analysis and reporting.
- Collaborate with Project Managers, Technology teams and Cyber Security SMEs throughout the project lifecycle.
- Support continuous improvement initiatives across IAM processes and controls.
Essential Skills & Experience IAM BA
- Strong Business Analysis experience within Identity & Access Management (IAM) programmes within Financial Services and Banking.
• Excellent understanding of IAM processes including
- Role-Based Access Control (RBAC), Segregation of Duties (So D), Least Privilege, Entitlements, Access Governance, Account Remediation
- Experience working with business application owners to define and document roles and permissions.
- Strong understanding of security and regulatory frameworks including NIST, COBIT, EBA ICT, FFIEC and FCA guidance.
- Experience producing BRDs, Functional Specifications, process maps and testing documentation.
- Strong SQL and advanced Excel skills.
- Excellent stakeholder management and communication skills.
- Experience delivering technology or cyber security change within complex enterprise environments.
- Financial Services or Investment Banking experience.
- RSA Identity Governance & Lifecycle (IGL).
- Identity Governance and Administration (IGA).
- Access Certification.
- Operational Risk, Internal Controls and Audit experience.
- Role Modelling and Access Remediation projects.
- #J-18808-Ljbffr
Business Analyst - Identity & Access Management (IAM) employer: Magnit Global
At Magnit Global, we pride ourselves on being an exceptional employer that values leadership and innovation in payroll operations. Our collaborative work culture fosters professional growth and offers extensive training opportunities, ensuring that our employees are equipped to excel in their roles. Located in a dynamic environment, we provide unique advantages such as a diverse client base across EMEA and APAC, making every day a chance to make a meaningful impact.
StudySmarter Expert Advice🤫
We think this is how you could land Business Analyst - Identity & Access Management (IAM)
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Magnit Global. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Business Analyst - Identity & Access Management (IAM)
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Magnit Global.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Magnit Global's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Magnit Global
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Magnit Global.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Magnit Global will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Magnit Global employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
