At a Glance
- Tasks: Analyse business requirements and develop innovative solutions for Capital Markets trading desks.
- Company: Join RBC, a leading bank with a commitment to diversity and innovation.
- Benefits: Enjoy a competitive salary, professional development, and a supportive work environment.
- Other info: Dynamic role with opportunities for growth and collaboration across teams.
- Why this job: Make an impact in finance while working with cutting-edge technology and AI tools.
- Qualifications: Degree in business analysis and experience in capital markets required.
The predicted salary is between 37800 - 46200 £ per year.
You will be an Associate Business Analyst within Quantitative and Technology Services (QTS), assessing, improving and supporting strategic applications within the RAMPP (Risk, Analytics, Modelling, Pricing and Processing) organisation. You will work closely with Capital Markets trading desks and technology teams to define risk aggregation and visualisation requirements, coordinate testing efforts and develop and deliver target solutions. This is a permanent, full-time role and requires 4 days in the office at our London office.
What will you do?
- Elicit and analyse business requirements and create documentation such as current and future state business processes, user stories, data catalogues and business rules.
- Communicate effectively, both written and verbal, to various audiences (technical and non-technical).
- Continuously identify potential issues, conflicts and risks, analysing, mitigating and escalating where appropriate.
- Collaborate and contribute to cross-functional enterprise initiatives and manage the effective implementation of assigned deliverables.
- Establish strong working relationships across business units and platforms to build influence and impact with key business partners.
- Utilise state-of-the-art generative AI tools to realise efficiencies in day-to-day practices and working life.
- Build end-state reporting for key stakeholders using in-house built tools and Python coding.
- Standardise and drive cross-asset Risk Management analytics, solutions and dashboards, liaising with Quants, Trading and Market Risk partners to drive user adoption.
What do you need to succeed?
Must-have:
- Undergraduate degree coupled with an established track record and proven expertise in business analysis.
- Demonstrable experience in capital markets settings, either within a bank or other financial institutions.
- Strong understanding of one or more asset classes in terms of their risk and profit and loss requirements for trading desks.
- Robust programming knowledge and experience in a core language such as Java or Python.
- Ability to build and analyse complex SQL queries, including troubleshooting performance issues.
- Excellent analytical skills with proven experience in data analysis, discovery and aggregation to provide meaningful analysis and management reporting.
Nice-to-have:
- Knowledge of risk frameworks and methodologies relevant to capital markets (such as Value at Risk or sensitivity analysis).
- Exposure to trading systems, market data platforms or regulatory requirements in capital markets.
Job Skills: Agile Methodology, Business Data Analysis, Business Process Modeling, Commercial Acumen, Communication, Critical Thinking, Decision Making, Group Problem Solving, Interpersonal Relationship Management, Requirements Analysis.
Associate Business Analyst employer: RBC
RBC is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. As an Associate Business Analyst, you will benefit from a culture that prioritises inclusivity and professional growth, with access to cutting-edge technology and resources. The company is committed to fostering a supportive atmosphere that empowers employees to excel and contribute meaningfully to the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Associate Business Analyst
✨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 RBC. 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 Associate Business Analyst
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 RBC.
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 RBC'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 RBC
✨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 RBC.
✨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 RBC 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 RBC 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.
