Business Analyst

Business Analyst

Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Transform SME funding access by analysing and improving lending processes.
  • Company: Recognise Bank, a modern business bank supporting UK SMEs.
  • Benefits: Generous leave, remote work options, tailored training, and private medical care.
  • Why this job: Make a real impact in banking while growing your skills in a supportive environment.
  • Qualifications: Experience in business analysis preferred; strong communication and teamwork skills essential.
  • Other info: Join a diverse team committed to making a difference and fostering growth.

The predicted salary is between 36000 - 60000 £ per year.

Hello, Recognise Bank is a modern business bank built to support the UK’s SMEs with tailored lending and savings solutions. Founded in 2017 by experienced business owners, we set out to challenge traditional banking by offering more flexibility, understanding, and practical support to help businesses thrive. Since receiving our banking licence in 2021, we’ve built a loyal customer base and a strong, diverse team that puts people first.

Our vision is building stronger futures with bespoke financial solutions. We understand that no two financial needs are the same, which is why we work closely with UK SMEs and individuals to unlock potential others often overlook. Through smart, flexible lending and savings products, we’re here to build and grow stronger futures for lasting success.

Our values shape how we work and grow together:

  • Can do, will do: We take ownership, solve problems, and adapt as our customers’ needs evolve.
  • Be brilliant: We show up with curiosity and energy, always striving for better.
  • Do the right thing: We act with integrity, responsibility, and care in everything we do.
  • Make a difference: We focus on impact, helping our customers, colleagues, and communities succeed.

About the role

As a Business Analyst, you will be at the forefront of transforming the way SMEs access funding. You will work closely with stakeholders from across the bank to gather, analyse and document business requirements, then work within a cross-functional squad to define and deliver improvements to our lending products and processes. You will help us deliver faster, better and more transparent lending decisions to our brokers and borrowers, all while ensuring we comply with regulatory standards. You will implement best practices from the technology, banking and fintech industries, ensuring our product development processes are agile, efficient and customer focused.

Key Responsibilities

  • Map lending journeys to identify customer pain points, process inefficiencies and opportunities for improvements.
  • Plan and facilitate workshops with cross-functional teams to gather align objectives and analyse business requirements.
  • Document these requirements into clear, comprehensive product specifications and user stories ready for development.
  • Collaborate with stakeholders to ensure proposed solutions align with business needs and expectations.
  • Work closely with team members to design, test, and implement solutions that meet defined business objectives.
  • Promote a culture of continuous improvement by identifying opportunities for enhancement and embedding best practices.

Corporate Responsibilities

  • Read and follow all relevant company policies and procedures.
  • Adhere to all risk-related responsibilities applicable to your role, as set out in the Risk Management Policy.
  • Abide by all compliance and financial crime related policies, procedures and reporting obligations applicable to your role.

Required Skills & Experience

  • Experience as a business analyst in banking, fintech and lending preferred, but not essential.
  • Understanding of business process modeling and requirements gathering techniques.
  • Excellent communication and stakeholder management skills.
  • Desire to work within agile cross-functional teams on change initiatives.
  • Knowledge of the SME lending market, customer/broker needs and end-to-end lending processes.
  • Experience working within a regulated environment, ensuring compliance with Consumer Duty and other relevant regulations.

Why Join?

At Recognise Bank, we’re building more than a bank — we’re creating a culture where people feel empowered to make a difference, supported to be brilliant with a can do will do attitude, and trusted to do the right thing. We believe that when our people thrive, so do our customers. That’s why we invest in an environment that reflects our values and supports your growth, flexibility, and wellbeing.

Here’s what you can look forward to:

  • Competitive Time Off – Generous annual leave plus bank holidays to rest, recharge, and enjoy life outside of work.
  • Work From Anywhere – Up to 4 weeks per year to work remotely from anywhere in the world.
  • Learning & Development – Tailored training and support to grow your skills and achieve your professional goals.
  • Hybrid Working – To support your work-life balance, we offer a hybrid working model with 3 days in the office and 2 days remote.
  • Private Medical Care with Vitality – Comprehensive healthcare including optical and dental coverage to keep you healthy.
  • Enhanced Pension Scheme – Helping you plan and save for a secure future.
  • Maternity, Paternity & Adoption Pay – Supporting you and your family during important life moments.
  • Discretionary Company Bonus – Rewarding your contribution to our shared success.

If you’re curious, driven, and ready to be part of something meaningful — where your ideas matter, your growth is supported, and your work makes a real impact — then we’d love to hear from you.

Recognise Bank is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Business Analyst employer: Recognise Bank Limited

Recognise Bank is an exceptional employer that prioritises the growth and wellbeing of its employees while fostering a culture of empowerment and innovation. With competitive benefits such as generous time off, flexible working arrangements, and tailored learning opportunities, we ensure our team members thrive both personally and professionally. Located in the heart of the UK, we are dedicated to making a meaningful impact in the banking sector, supporting SMEs with bespoke financial solutions and creating a diverse and inclusive workplace.
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Contact Detail:

Recognise Bank Limited Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Business Analyst

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect with current employees at Recognise Bank. A friendly chat can sometimes lead to opportunities that aren’t even advertised!

✨Tip Number 2

Prepare for your interviews by researching the company’s values and recent projects. Show us how your skills as a Business Analyst can help Recognise Bank achieve its mission of supporting SMEs. Tailor your examples to fit their needs!

✨Tip Number 3

Practice your problem-solving skills! Be ready to tackle case studies or scenarios during interviews. We want to see how you think on your feet and how you can contribute to improving lending processes.

✨Tip Number 4

Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression. It shows us you’re genuinely interested in the role and appreciate the opportunity to chat.

We think you need these skills to ace Business Analyst

Business Process Modelling
Requirements Gathering
Stakeholder Management
Agile Methodologies
Communication Skills
Analytical Skills
Knowledge of SME Lending Market
Understanding of Regulatory Compliance
Cross-Functional Collaboration
Problem-Solving Skills
Documentation Skills
Continuous Improvement Mindset
Customer Focus

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter to reflect the skills and experiences that align with the Business Analyst role. Highlight your understanding of the SME lending market and any relevant experience in banking or fintech.

Showcase Your Communication Skills: Since excellent communication is key for this role, use your application to demonstrate how you've effectively managed stakeholders in the past. Share specific examples that showcase your ability to gather and document business requirements.

Be Clear and Concise: When documenting your experiences, keep it clear and to the point. Use bullet points where possible to make it easy for us to read through your qualifications and understand your fit for the role.

Apply Through Our Website: We encourage you to apply directly through our website. This way, you can ensure your application reaches us quickly and you’ll have access to all the latest updates about the role and our company.

How to prepare for a job interview at Recognise Bank Limited

✨Know Your Stuff

Before the interview, dive deep into Recognise Bank's mission and values. Understand their approach to SME lending and how they differentiate themselves from traditional banks. This knowledge will help you align your answers with their goals and show that you're genuinely interested in the role.

✨Showcase Your Analytical Skills

As a Business Analyst, you'll need to demonstrate your ability to gather and analyse business requirements. Prepare examples from your past experiences where you've successfully mapped processes or identified pain points. Be ready to discuss how you can apply these skills to improve lending products at Recognise Bank.

✨Engage with Stakeholders

Highlight your communication and stakeholder management skills during the interview. Discuss how you've facilitated workshops or collaborated with cross-functional teams in the past. This will show that you can effectively gather insights and align objectives, which is crucial for the role.

✨Embrace Continuous Improvement

Recognise Bank values a culture of continuous improvement. Be prepared to talk about how you've identified opportunities for enhancement in previous roles. Share specific examples of best practices you've implemented and how they led to better outcomes, demonstrating your commitment to making a difference.

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