At a Glance
- Tasks: Support T+1 settlement readiness and transform operational processes in investment banking.
- Company: Leading global investment bank with a focus on innovation and transformation.
- Benefits: Competitive daily rate, hybrid work model, and exposure to high-impact projects.
- Other info: Dynamic role with opportunities for professional growth in a fast-paced environment.
- Why this job: Join a critical change programme and make a real difference in the finance industry.
- Qualifications: Experience in settlements, strong business analysis skills, and knowledge of operational change.
The predicted salary is between 90000 - 126000 £ per year.
A leading global investment bank is seeking an experienced Settlements Subject Matter Expert (SME) and Business Analyst to support a critical Markets Operations transformation programme focused on T+1 settlement readiness.
This is a hands-on delivery role requiring deep operational expertise across end-to-end settlement lifecycles, strong business analysis capability, and the ability to operate across Front Office, Technology, and external market infrastructures.
You will play a key role in preparing the organisation for the transition to a shortened settlement cycle (T+1), supporting the assessment and redesign of settlement processes to ensure they are resilient, scalable, and aligned with evolving regulatory and market requirements.
- Undertaking detailed analysis of end-to-end settlement processes to identify gaps, risks, and dependencies under T+1
- Eliciting, documenting, and validating business requirements across Operations, Front Office, and Technology
- Partnering with Technology to translate business requirements into functional specifications and support solution design
- Supporting test strategy, UAT execution, and validation against T+1 requirements
- Identifying operational bottlenecks, control gaps, and settlement risks, supporting remediation planning
Strong Settlements expertise within a sell-side / Investment Banking environment. Proven experience delivering operational change within back-office functions. Strong Business Analysis capability (requirements gathering, process mapping, gap analysis, test support). Solid understanding of settlement lifecycles across asset classes.
This is an excellent opportunity to join a high-impact regulatory and market infrastructure change programme within a global markets business.
Business Analyst/UAT 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/UAT in London
✨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/UAT in London
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.
