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- Tasks: Enhance operational efficiency by analysing and redesigning business processes.
- Company: Join a leading Financial Services client on the Isle of Man, driving transformation.
- Benefits: Enjoy a dynamic work environment with opportunities for professional growth.
- Why this job: Be part of a high-growth team making impactful changes in financial services.
- Qualifications: 2-5 years experience in Financial Services and relevant qualifications required.
- Other info: Office-based role; applicants must be located on the Isle of Man or willing to relocate.
The predicted salary is between 36000 - 60000 £ per year.
Our leading Financial Services Sector Client is continuing a high growth trajectory, coupled with an ambitious transformation programme and is now seeking an experienced Process Analyst to join a busy, established team. NOTE: this role is office-based on the Isle of Man, hence requires applicants already located on the island or willing to relocate.
The Process Analyst will be responsible for enhancing operational efficiency by analysing and redesigning existing business processes. Duties will include:
- Reviewing 'As Is' Processes: Conducting thorough analysis of current processes and utilising available MI to identify inefficiencies, bottlenecks, and areas for improvement.
- Process Redesign and Optimisation: Re-engineering processes to reduce end-to-end timelines, eliminate waste, minimise customer effort, and emphasise first-point resolution.
- Digital and Robotic Integration: Identifying opportunities to utilise digital tools and robotic process automation (RPA) for streamlined workflows and enhanced productivity.
- Collaboration and Documentation: Working closely with other teams/departments to document updated procedures, ensuring alignment with best practices and group standards to ensure a smooth roll out of procedural improvements.
- Relationship Management: Lead the ownership and delivery of broker dashboarding across the Group, ensuring timely and accurate reporting of key account information (e.g. AUM and in-flight transactions) whilst collaborating with stakeholders (IT, Operations and Relationship Management) to enhance visibility of communication at critical transaction points and intervals.
The ideal candidate for the role of Process Analyst will have:
- 2 - 5 years' relevant experience in Financial Services.
- An understanding of the risk and compliance environment.
- IT/Business Degree or similar relevant qualification.
- Lean 6 Sigma or similar qualification.
- 2 years plus experience in process documentation/analysis driving process improvement.
Locations
Process Analyst employer: Orchard Recruitment Ltd
Contact Detail:
Orchard Recruitment Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Process Analyst
✨Tip Number 1
Familiarise yourself with Lean Six Sigma principles, as this role highly values process improvement methodologies. Consider brushing up on your knowledge through online courses or relevant literature to demonstrate your commitment to efficiency.
✨Tip Number 2
Network with professionals in the Financial Services sector on the Isle of Man. Attend local industry events or join online forums to connect with potential colleagues and gain insights into the specific challenges they face, which can help you tailor your approach.
✨Tip Number 3
Prepare to discuss real-world examples of how you've successfully analysed and redesigned processes in previous roles. Highlight any measurable improvements you've achieved, as this will showcase your ability to drive operational efficiency.
✨Tip Number 4
Research the company’s current processes and any recent changes they've implemented. This knowledge will not only help you understand their needs better but also allow you to propose tailored solutions during your discussions with them.
We think you need these skills to ace Process Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in process analysis and improvement, particularly within the financial services sector. Use specific examples that demonstrate your ability to enhance operational efficiency.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention your understanding of the risk and compliance environment and how your qualifications, such as Lean 6 Sigma, make you a strong candidate.
Showcase Relevant Skills: Emphasise skills that align with the job description, such as process redesign, digital integration, and collaboration. Provide concrete examples of how you've successfully implemented these skills in previous roles.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a Process Analyst role.
How to prepare for a job interview at Orchard Recruitment Ltd
✨Know Your Processes
Familiarise yourself with common business processes in the financial services sector. Be prepared to discuss specific examples of how you've analysed and improved processes in your previous roles.
✨Showcase Your Analytical Skills
Highlight your experience with data analysis and process optimisation. Bring examples of how you've identified inefficiencies and implemented solutions, especially using tools like Lean Six Sigma.
✨Understand Digital Integration
Be ready to talk about your experience with digital tools and robotic process automation (RPA). Discuss any projects where you've successfully integrated technology to enhance productivity.
✨Emphasise Collaboration
Demonstrate your ability to work with cross-functional teams. Share examples of how you've collaborated with different departments to document processes and ensure alignment with best practices.
