Oracle Flexcube Business Analyst (Contractor – 6 Months)

Oracle Flexcube Business Analyst (Contractor – 6 Months)

Full-Time 50000 - 60000 £ / year (est.) No working from home possible
Mufg Investorservices

At a Glance

  • Tasks: Assess and enhance Oracle Flexcube capabilities to maximise banking operations efficiency.
  • Company: Join MUFG Investor Services, a leader in asset servicing with global reach.
  • Benefits: Gain valuable experience in a dynamic financial environment with potential for growth.
  • Other info: Opportunity to work with a leading financial institution and develop your career.
  • Why this job: Make a real impact by optimising core banking platforms and collaborating with diverse teams.
  • Qualifications: Experience with Flexcube, SQL skills, and strong stakeholder management abilities required.

The predicted salary is between 50000 - 60000 £ per year.

MUFG Investor Services is a trusted partner to many of the world’s largest public and private funds, providing asset servicing and operational solutions built for alternatives. With over $1 trillion in client assets under administration, we offer fund administration, banking, payments, fund financing, foreign exchange overlay, corporate and regulatory services, custody, business consulting, and more. Operating from 17 locations worldwide, we help clients mitigate risk, enhance efficiency, and navigate the operational complexities of today’s investment management landscape.

As an Oracle Flexcube Business Analyst, you will play a critical role in helping MUFG Investor Services get more value from its core banking platform. We run Oracle Flexcube Universal Banking as the foundation of our banking operations – covering payments, treasury, foreign exchange, money markets, nostro reconciliation, SWIFT connectivity and more. The platform has grown significantly in capability and there is a real opportunity to close the gap between what Flexcube can do and what we currently use.

You will work across IT and the business to identify standard features we have not yet activated, assess bespoke components built in earlier phases to determine whether they can be replaced by native functionality, and drive resolution of open configuration and change requests. You will work closely with the Banking Family Lead in IT and collaborate across Application Management, Banking Operations, and Product Management. You will also be a key point of contact with Oracle Support, coordinating on open tickets, change requests, and configuration queries – bringing clarity and momentum to engagements that have historically required significant back‑and‑forth.

This is a hands‑on, delivery‑focused role that combines platform knowledge with strong stakeholder management and the ability to produce clear, well‑evidenced analysis and documentation.

Key Responsibilities
  • Platform Capability Assessment: Conduct a structured review of licensed Flexcube modules to identify features and configurations available but not currently activated or used. Benchmark current usage across payments, standing instructions, foreign exchange, money markets, nostro reconciliation, and reporting against the full standard product capability. Produce a prioritised inventory of unutilised capabilities with assessed business value and implementation complexity.
  • Bespoke Component Rationalisation: Review customisations and bespoke components built in prior versions to determine whether equivalent standard functionality now exists in the current release. Prepare structured assessments for each bespoke item: functional equivalence, migration complexity, risk, and recommended action (retire, retain, or replace). Work with the Banking Family Lead and Application Management to validate findings and agree a rationalisation roadmap.
  • Backlog Management and Resolution: Triage, document, and drive resolution of open items in the Flexcube Jira backlog, spanning configuration issues, change requests, business queries, and scripting requirements. Distinguish clearly between items requiring Oracle involvement, items resolvable through internal configuration, and items needing formal change requests. Maintain backlog hygiene: correct categorisation, clear ownership, and defined next steps for all items.
  • Oracle Engagement and Coordination: Act as the primary coordination point for Oracle Support on open tickets and change requests, working alongside the Banking Family Lead and Application Management. Prepare clear, well‑evidenced submissions to reduce round‑trip delays and accelerate resolution. Track Oracle commitments, patch schedules, and responses, escalating where timelines slip.
  • Business and IT Collaboration: Work with Product Management to translate business requirements into Flexcube configuration or change specifications. Engage Banking Operations, Application Management, and project teams to gather requirements, validate solutions, and support UAT. Produce high‑quality documentation: business requirements, functional specifications, solution designs, and training notes as required.
  • Reporting and Governance: Provide regular progress updates to the Banking Family Lead on backlog status, capability findings, and Oracle engagement. Flag risks and issues promptly, particularly where unresolved items represent operational or compliance exposure.
You Have:
  • Flexcube able to produce high‑quality documentation independently without extensive supervision.
  • Excellent stakeholder management – comfortable bridging technical IT teams and non‑technical business users simultaneously.
  • Technical Skills SQL proficiency – able to write and interpret queries to interrogate Flexcube data, validate configurations, and support analysis work.
  • Familiarity with Flexcube integration patterns (web services, REST/SOAP APIs) and data flows between Flexcube and downstream systems.
  • Comfortable working with Jira or similar backlog management tools.

Oracle Flexcube Business Analyst (Contractor – 6 Months) employer: Mufg Investorservices

MUFG Investor Services is an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation. With a strong focus on employee growth, we provide opportunities for professional development and the chance to work with cutting-edge technology in the financial sector. Our culture promotes inclusivity and teamwork, making it an ideal place for those looking to make a meaningful impact in their careers while being part of a globally respected financial institution.

Mufg Investorservices

Contact Details:

Mufg Investorservices Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Oracle Flexcube Business Analyst (Contractor – 6 Months)

Tip Number 1

Network like a pro! Reach out to your connections in the finance and tech sectors, especially those who have experience with Oracle Flexcube. A friendly chat can lead to insider info about job openings or even referrals.

Tip Number 2

Prepare for interviews by brushing up on your Flexcube knowledge. Be ready to discuss how you can help MUFG Investor Services maximise their platform capabilities. Show them you’re not just a candidate, but a solution!

Tip Number 3

Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation and reiterate your enthusiasm for the role. It keeps you fresh in their minds.

Tip Number 4

Apply through our website for the best chance at landing that Oracle Flexcube Business Analyst role. We want to see your application directly, so make sure you showcase your skills and experience clearly!

We think you need these skills to ace Oracle Flexcube Business Analyst (Contractor – 6 Months)

Oracle Flexcube
Stakeholder Management
SQL Proficiency
Backlog Management
Configuration Management
Data Analysis
Documentation Skills

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to highlight your experience with Oracle Flexcube and relevant banking operations. We want to see how your skills align with the role, so don’t be shy about showcasing your achievements!

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 experiences that relate to the responsibilities listed in the job description, and show us your enthusiasm for the position.

Showcase Your Stakeholder Management Skills:Since this role involves working closely with various teams, make sure to highlight your stakeholder management experience. Share examples of how you've successfully bridged gaps between technical and non-technical teams in the past.

Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!

How to prepare for a job interview at Mufg Investorservices

Know Your Flexcube Inside Out

Make sure you brush up on your knowledge of Oracle Flexcube. Understand its core functionalities, especially those related to payments, treasury, and foreign exchange. Be ready to discuss how you can leverage unutilised features to enhance operational efficiency.

Showcase Your Stakeholder Management Skills

Prepare examples that highlight your experience in managing relationships between technical teams and business users. Think about times when you successfully bridged the gap between IT and non-technical stakeholders, as this role requires excellent communication skills.

Demonstrate Your Analytical Abilities

Be ready to discuss your approach to conducting structured reviews and assessments. Bring examples of how you've previously identified gaps in system capabilities or rationalised bespoke components, showcasing your analytical mindset and problem-solving skills.

Familiarise Yourself with Jira

Since backlog management is a key part of this role, make sure you're comfortable using Jira or similar tools. Be prepared to talk about how you've used these platforms to manage tasks, track progress, and drive resolution of issues in past projects.