Business Analyst - Core Banking

Business Analyst - Core Banking

Full-Time 51750 - 63250 £ / year (est.) Home office (partial)
NatWest Group

At a Glance

  • Tasks: Analyse core banking requirements and collaborate with teams to create amazing products.
  • Company: Join a forward-thinking financial institution focused on innovation.
  • Benefits: Career development opportunities, competitive salary, and a supportive work environment.
  • Other info: Dynamic team culture with opportunities for career advancement.
  • Why this job: Make a real impact in banking while growing your analytical skills.
  • Qualifications: Experience as a business analyst or similar role in software development.

The predicted salary is between 51750 - 63250 £ per year.

Join us as a Business Analyst. Take on a new career challenge in this critical Business Analyst role. You’ll have the chance to put your existing analytical skills to the test and build a network of stakeholders across the business. You can take advantage of our development opportunities and advance your career.

What you'll do:

  • We’re looking for a Business Analyst to join our agile Platform Product team with a focus on developing our Core Banking propositions, creating products and services that our clients and customers love.
  • Work closely with your Product Manager, Product Owners and other mission teams in a cross-collaborative manner to analyse requirements for all aspects of core banking including Ledger, Interest Engine and Product Account LifeCycle.
  • Drive requirements gathering and project engagement with internal and external stakeholders.
  • Work with our tech colleagues to understand any technical constraints or impacts, as well as determining estimates for various features.
  • Assist Product Owners with breaking Epics into detailed user stories and feature specifications in JIRA for the teams to pick up and build (story, acceptance criteria and scenarios).
  • Comprehensive collateral and documentation for both internal and external consumption.
  • Focus on testing, quality assurance and governance before product is shipped.

The skills you'll need:

  • You’ll need proven experience as a business analyst, technical analyst, product owner, or similar role in a software development environment.
  • A passion for customers and a problem solving mentality, with proven ability to manage multiple dependencies across several external and internal teams.
  • A Technical background with an understanding of the banking regulatory environment.
  • To be very organised with a high attention to detail.
  • Strong stakeholder management, amazing communication, conflict management and interpersonal skills.
  • Experience with a definition of minimum marketable features and minimum viable products.

Business Analyst - Core Banking employer: NatWest Group

Coutts & Co is an exceptional employer, offering a unique opportunity to join a leading Private Banking and Wealth Management firm during a pivotal growth phase. With a collaborative work culture that prioritises professional development, employees are encouraged to influence strategic decisions while receiving support from senior leaders. The role of Managing Legal Counsel not only provides a platform for impactful legal work but also fosters an environment where innovation and efficiency are valued, making it an ideal place for those seeking meaningful and rewarding employment.

NatWest Group

Contact Details:

NatWest Group Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Business Analyst - Core Banking

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 NatWest Group. 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 - Core Banking

Analytical Skills
Stakeholder Management
Communication Skills
Problem-Solving Skills
Attention to Detail
Technical Background
Understanding of Banking Regulatory Environment

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 NatWest Group.

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 NatWest Group'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 NatWest Group

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 NatWest Group.

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 NatWest Group 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 NatWest Group 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.