At a Glance
- Tasks: Join a dynamic team to enhance Identity & Access Management in a global banking environment.
- Company: Leading global banking organisation with a focus on innovation and security.
- Benefits: Competitive daily rate, hybrid work model, and exposure to cutting-edge technology.
- Other info: Opportunity for professional growth in a complex enterprise setting.
- Why this job: Make a real impact on access governance and compliance in a high-profile programme.
- Qualifications: Experience in IAM, strong analytical skills, and excellent stakeholder management.
- Business Analyst - Identity & Access Management (IAM)
- London | Hybrid (4 days onsite) | Global Banking Organisation
- 6 month contract | £650 - £720 per day inside IR35
- 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 escalate 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.
Desirable
- 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.
Business Analyst - Identity & Access Management (IAM) in London 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) in London
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Magnit Global.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Magnit Global might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Business Analyst - Identity & Access Management (IAM) in London
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Magnit Global will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Magnit Global. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Magnit Global confidence in your short-term commitment to the role.
How to prepare for a job interview at Magnit Global
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Magnit Global.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Magnit Global that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
