At a Glance
- Tasks: Lead the transformation to T+1 settlement, analysing processes and driving improvements.
- Company: A leading global investment bank with a focus on innovation.
- Benefits: Competitive daily rate, hybrid working, and exposure to high-level projects.
- Why this job: Make a significant impact in a critical operational change within investment banking.
- Qualifications: Strong settlements expertise and proven business analysis skills required.
- Other info: Opportunity to work with senior stakeholders and enhance your career in finance.
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 in Slough employer: Magnit Global
Contact Detail:
Magnit Global Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Business Analyst in Slough
✨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 lookout for opportunities. A personal recommendation can go a long way in landing that Senior Business Analyst role.
✨Tip Number 2
Prepare for interviews by brushing up on your T+1 knowledge and operational expertise. Be ready to discuss how you've tackled similar challenges in the past, as this will show you're the right fit for the job.
✨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 and experience, and tailor your approach to each one.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can keep you top of mind and show your enthusiasm for the role. Plus, it’s a great chance to reiterate why you’re the perfect fit for their team.
We think you need these skills to ace Senior Business Analyst in Slough
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Business Analyst role. Highlight your experience with T+1 initiatives and operational change in investment banking. We want to see how your skills match 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. Share specific examples of your settlements expertise and how you've driven improvements in past roles. We love a good story!
Showcase Your Analytical Skills: In your application, be sure to showcase your strong business analysis capabilities. Talk about your experience with requirements gathering, process mapping, and gap analysis. We need someone who can hit the ground running!
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. We can't wait to see what you bring to the table!
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 successfully navigated operational changes in a back-office environment.
✨Master the Business Analysis Basics
Prepare to showcase your business analysis skills by practising how to articulate your approach to requirements gathering, process mapping, and gap analysis. Think of real-life scenarios where you’ve identified risks or bottlenecks and how you addressed them.
✨Engage with Stakeholders
Since this role involves working closely with senior stakeholders, practice how you would communicate complex ideas clearly and effectively. Prepare some questions that demonstrate your understanding of their needs and how you can help meet them.
✨Be Ready for Technical Discussions
Familiarise yourself with the technical aspects of the role, particularly how business requirements translate into functional specifications. Be prepared to discuss how you’ve partnered with technology teams in the past to drive successful outcomes.