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- Tasks: Drive transformation in settlement processes for a leading investment bank.
- Company: Global investment bank with a focus on innovation and operational excellence.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Why this job: Be at the forefront of T+1 settlement readiness and make a real impact.
- Qualifications: Experience in settlements and strong business analysis skills required.
- Other info: Collaborative environment with opportunities to engage with senior stakeholders.
The predicted salary is between 48000 - 72000 £ 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.
Key responsibilities include:
- 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
- Mapping current and target state processes, driving improvements in STP, controls, affirmation, allocation, matching, and exception management
- 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
- Providing structured updates to senior stakeholders on delivery progress and readiness milestones
- Supporting documentation and handover into BAU to ensure sustainable adoption post-implementation
Key Skills & Experience
- Strong Settlements expertise within a sell-side / Investment Banking environment
- Proven experience delivering operational change within back-office functions
- Experience working on T+1 initiatives highly desirable
- Strong Business Analysis capability (requirements gathering, process mapping, gap analysis, test support)
- Solid understanding of settlement lifecycles across asset classes
- Fixed Income and derivatives product knowledge advantageous
- Ability to engage senior stakeholders and operate in a cross-functional delivery environment
Senior Business Analyst employer: Magnit Global
Contact Detail:
Magnit Global Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Business Analyst
✨Tip Number 1
Network like a pro! Reach out to your connections in the investment banking sector and let them know you're on the hunt for a Senior Business Analyst role. 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 those interviews by brushing up on your T+1 knowledge and settlement processes. We recommend doing mock interviews with friends or using online platforms to practice articulating your experience and how it aligns with the role.
✨Tip Number 3
Showcase your expertise! When you get the chance to meet potential employers, whether at networking events or interviews, be ready to discuss specific examples of how you've improved settlement processes or tackled operational challenges in the past.
✨Tip Number 4
Don't forget to apply through our website! We make it easy for you to find roles that match your skills and experience. Plus, applying directly can sometimes give you an edge over other candidates.
We think you need these skills to ace Senior 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 settlements and operational change, especially any work related to T+1 initiatives. We want to see how your skills align with what we're looking for!
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 projects or experiences that demonstrate your business analysis capabilities and your understanding of settlement lifecycles.
Showcase Your Analytical Skills: In your application, be sure to showcase your analytical skills. Provide examples of how you've identified gaps and risks in processes before, and how you’ve contributed to improvements. We love seeing concrete examples of your impact!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Magnit Global
✨Know Your Settlements Inside Out
Make sure you brush up on your settlements expertise, especially in the context of T+1 initiatives. Be ready to discuss specific examples from your past experiences where you've identified gaps or improved processes. This will show that you not only understand the theory but can apply it practically.
✨Master the Business Analysis Skills
Prepare to demonstrate your business analysis capabilities by discussing how you've gathered requirements, mapped processes, and conducted gap analyses in previous roles. Bring along any relevant documentation or examples that showcase your analytical skills and how they contributed to successful outcomes.
✨Engage with Stakeholders
Think about how you've engaged with senior stakeholders in the past. Be prepared to share stories that highlight your communication skills and ability to operate in a cross-functional environment. This is crucial for the role, so showing that you can build relationships and provide structured updates will set you apart.
✨Showcase Your Problem-Solving Skills
Be ready to discuss specific operational bottlenecks or control gaps you've encountered and how you approached remediation planning. Highlighting your problem-solving skills will demonstrate your readiness to tackle challenges in the fast-paced world of investment banking.