Business Process Analyst - Treasury & Investments (6 month FTC)

Role: Business Process Analyst - Treasury & Investments (6 month FTC)

Location: London

Position: Full time, contract

Process Mapping & Documentation

• End-to-end workflow and process mapping (to utilise Data First team's and BIC process tool - training available)
• Elicit, analyse, and document business, functional, and non-functional requirements.
• Documentation and compilation of acceptance criteria.
• Produce clear documentation including business requirements documents (BRDs), functional specifications, process maps, data flows, and impact assessments.
• Maintain requirements traceability matrices and support governance reporting.
• Support the preparation of business cases, status reports and materials for governance committees.
• Act as liaison between business units and technical teams to ensure shared understanding of objectives and deliverables.

Operating Model Analysis & Design

• Development and documentation of standard operating procedures (SOPs).
• Analyse current processes, systems, and controls and define future states.
• Identify gaps, inefficiencies, risks, and opportunities for optimisation.
• Document roles, responsibilities, service levels, and hand‑off points across functions.
• Support validation and sign‑off of operational handovers and acceptance criteria.

Stakeholder Engagement & Change Support

• Facilitate workshops and working groups to gather requirements, validate assumptions, and resolve challenges.
• Engage senior stakeholders across Investments, Operations, Finance, Risk, and Compliance to ensure alignment and transparency.
• Conduct change impact assessments and knowledge transfer activities.
• Communicate findings, risks, and dependencies in a clear and structured manner.

Risk, Compliance & Assurance Analysis

• Identify and assess risks relating to operational continuity, data integrity, and regulatory obligations.
• Work with Risk & Compliance teams to ensure proposed processes and controls satisfy internal and external regulatory standards.
• Support audit activities by providing documentation, evidence trails, and process transparency.
• Embed operational resilience and control considerations into requirement and process design.

Essential Qualifications

• Proven experience as a business analyst on complex operational change or transition programmes within financial services or insurance.
• Strong experience in operating model analysis and process design.
• Demonstrated ability to produce high‑quality documentation including process maps, requirements catalogues, and impact assessments.
• Excellent stakeholder engagement, communication, and facilitation skills.
• Strong analytical and problem‑solving capability with attention to detail.
• Experience working with cross‑functional teams including Finance, Risk, Compliance and IT.
• Familiarity with structured analysis methodologies (e.g. Agile, Waterfall).

Desirable Qualifications

• Experience within a Lloyd's syndicate or broader (re)insurance environment.
• Familiarity with regulatory frameworks (e.g. PRA, FCA, Lloyd's Minimum Standards).
• Understanding of operational resilience principles and outsourcing/insourcing governance.
• Exposure to investment systems and investment operations processes including trade lifecycle management, reconciliations, performance, and valuation.
• Knowledge of cash management, banking, oversight, and custodian interactions from a process or analysis perspective.

Benefits

• Competitive base salary and performance‑related discretionary bonus.
• Hybrid working model allowing flexibility to blend work location, typically 3 days a week in the office.