Business Analyst - Commercial in City of London
Business Analyst - Commercial

Business Analyst - Commercial in City of London

City of London Temporary No home office possible
Magnit Global

At a Glance

  • Tasks: Join a major finance transformation programme as a Business Analyst focusing on LoanIQ.
  • Company: Leading global banking organisation based in London.
  • Benefits: Competitive daily rate of £750, with a 6-month initial contract.
  • Other info: Collaborative environment with opportunities to engage with diverse teams.
  • Why this job: Be part of a high-profile initiative that shapes the future of finance.
  • Qualifications: Experience with LoanIQ, strong SQL skills, and finance transformation knowledge required.

We are partnering with a leading global banking organisation undertaking a major multi-year finance transformation programme and are seeking an experienced Senior LoanIQ Business Analyst to join a high-profile strategic initiative.

This programme covers key transformation areas including IFRS transition, sub-ledger implementation, reporting period alignment, and process/control enhancement. The successful candidate will play a critical role in ensuring accurate and reliable LoanIQ data integration across finance and downstream reporting systems.

  • Act as the SME for LoanIQ within a large-scale finance transformation programme.
  • Engage with stakeholders across Finance, Operations, Technology, and Data teams to gather and define business and interface requirements.
  • Analyse LoanIQ data structures, workflows, and integration points across the lending lifecycle.
  • Define and document source-to-target mappings for downstream consumers including sub-ledgers, data warehouses, and reporting platforms.
  • Develop and execute SQL queries for data extraction, reconciliation, validation, and analysis.
  • Support interface design including transformation logic, reconciliation controls, exception handling, and operational procedures.
  • Support SIT/UAT phases including test planning, execution, defect management, and governance sign-off.
  • Contribute to data migration, historical backfill, and cutover activities.

Strong hands-on experience working as a Business Analyst or Systems Analyst on LoanIQ projects is essential. Strong SQL and data analysis capabilities including reconciliations, data quality validation, and complex mappings. Experience working on finance transformation programmes, ideally involving IFRS, sub-ledger implementations, or regulatory reporting initiatives. Strong understanding of lending products including corporate, syndicated, and project finance. Experience working across Agile and Waterfall delivery environments.

Business Analyst - Commercial in City of London employer: Magnit Global

As a leading global banking organisation, we pride ourselves on fostering a dynamic and inclusive work culture that prioritises employee growth and development. Our London-based team enjoys competitive remuneration, comprehensive benefits, and the opportunity to engage in high-profile projects that drive significant transformation within the finance sector. Join us to be part of a collaborative environment where your expertise as a Business Analyst will directly contribute to impactful initiatives and career advancement.
Magnit Global

Contact Detail:

Magnit Global Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Business Analyst - Commercial in City of London

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance and banking sectors. Let them know you're on the lookout for opportunities, especially roles like Business Analyst. You never know who might have the inside scoop on a job that’s not even advertised yet!

✨Tip Number 2

Prepare for those interviews by brushing up on your LoanIQ knowledge. Make sure you can talk confidently about data integration and finance transformation. We recommend practising common interview questions related to SQL and data analysis to really impress your potential employers.

✨Tip Number 3

Don’t just apply anywhere; focus on companies that align with your career goals. Use our website to find roles that match your skills in finance transformation and LoanIQ. Tailor your approach to each company to show them why you’re the perfect fit!

✨Tip Number 4

Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Mention something specific from your conversation to remind them of your expertise in areas like IFRS transition or data quality validation.

We think you need these skills to ace Business Analyst - Commercial in City of London

LoanIQ
SQL
Data Analysis
Business Analysis
Stakeholder Engagement
Data Integration
IFRS Transition
Sub-ledger Implementation
Reporting Period Alignment
Process/Control Enhancement
Test Planning
Defect Management
Agile Methodologies
Waterfall Methodologies
Lending Products Knowledge

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Business Analyst role. Highlight your experience with LoanIQ and any finance transformation projects you've worked on. We want to see how your skills match what we're looking for!

Showcase Your SQL Skills: Since strong SQL capabilities are a must, don’t forget to showcase your experience with data extraction and analysis. Include specific examples of how you've used SQL in past projects to impress us!

Engage with Stakeholders: In your application, mention your experience engaging with various stakeholders. We love candidates who can effectively gather and define business requirements across teams, so share those stories!

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 from us!

How to prepare for a job interview at Magnit Global

✨Know Your LoanIQ Inside Out

Make sure you brush up on your LoanIQ knowledge before the interview. Understand its data structures, workflows, and integration points. Being able to discuss specific examples of how you've worked with LoanIQ in past projects will show that you're the right fit for this role.

✨Prepare for Technical Questions

Since this role requires strong SQL skills, be ready to tackle some technical questions or even a live coding challenge. Practise writing SQL queries that involve data extraction and validation, as well as complex mappings. This will demonstrate your analytical capabilities and hands-on experience.

✨Engage with Stakeholders

Think about how you would engage with various stakeholders across Finance, Operations, Technology, and Data teams. Prepare examples of how you've gathered and defined business requirements in previous roles. This will highlight your communication skills and ability to work collaboratively in a large-scale transformation programme.

✨Showcase Your Transformation Experience

Be ready to discuss your experience with finance transformation programmes, especially those involving IFRS or sub-ledger implementations. Share specific challenges you faced and how you overcame them. This will help the interviewers see your strategic thinking and problem-solving skills in action.

Business Analyst - Commercial in City of London
Magnit Global
Location: City of London

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