At a Glance
- Tasks: Join our Payments Team to optimise payment processes and collaborate on innovative solutions.
- Company: Dynamic company in Edinburgh with a focus on diversity and inclusion.
- Benefits: Flexible working hours, hybrid options, and a supportive work-life balance.
- Other info: Great opportunity for career growth in a collaborative and inclusive environment.
- Why this job: Make a real impact in the payments industry while working with a global team.
- Qualifications: Experience in business analysis, especially in payments, and familiarity with Agile methodologies.
The predicted salary is between 40000 - 50000 £ per year.
This is a wonderful opportunity to join our Edinburgh-based Payments Team as a Business Analyst. You will collaborate with software engineers and business analysts around the world to build high-quality solutions to support our existing and future clients. You will play an important role in helping our organisation to optimise payment processes, analyse and address customer issues and gather new requirements, while ensuring compliance with industry regulations. You will work closely with cross-functional teams to develop solutions to meet market demands.
Following Agile methodologies, you will also collaborate with product owners and software engineers to design, develop, test and maintain functionality within the team’s remit.
- Evaluating and analysing payment processes to identify areas for improvement and efficiency.
- Understanding business requirements, translating them into payment solutions and documenting them in our internal tools (JIRA, Confluence, Service Request platform).
- Designing and building functionalities in collaboration with developers during implementation and testing phases of new features and bugfixes.
- Staying up-to-date on payment industry regulations and standards.
- Troubleshooting customer issues and internal requests, plus providing help resolving issues and answering questions.
- Managing client interaction during testing, overseeing bug fixing and potential change requests.
Qualifications
- Proven track record working in business analysis, ideally in Payments or Cards industry and Agile environments.
- Knowledge of payment transaction products (e.g. transfers, direct debits, card processing) with a familiarity with payment industry regulations (e.g. ISO20022, CBPR+, SEPA, PSD2).
- Logical and analytical approach to problem-solving.
- Experience with applications such as JIRA or Confluence.
It would be a real bonus if you have:
- An inquisitive approach to learning.
- Experience working as part of a global team with different nationalities and cultures.
- University degree in Economics, Business, Finance, or alternatively, Computer Science, Engineering or Mathematics.
- An interest in software development, Banking or Economics.
Additional Information
We realize that managing work life balance is a challenge we all face in our daily lives and in order to support with this we are pleased to offer hybrid and flexible working for most of our Avaloqers to maintain work life balance and still continue our fantastic Avaloq culture in our global offices. In Avaloq we are proud to embrace diversity and understand the success of our business is built on the power of different opinions, we are whole heartedly committed to fostering an equal opportunity environment and inclusive culture where you can be your true authentic self. We hire, compensate and promote regardless of origin, age, gender identity, sexual orientation or any other fantastic traits that make us all unique, we have done our best to write this advert in an inclusive and neutral way.
Business Analyst – Payments – Edinburgh employer: Recruit4Mum
Avaloq is an exceptional employer, offering a dynamic work environment in Edinburgh where collaboration and innovation thrive. With a strong commitment to work-life balance through hybrid and flexible working options, employees are empowered to grow within a diverse and inclusive culture that values unique perspectives. Join us to be part of a global team dedicated to optimising payment processes while enjoying ample opportunities for professional development and meaningful contributions to the industry.
StudySmarter Expert Advice🤫
We think this is how you could land Business Analyst – Payments – Edinburgh
✨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 Recruit4Mum. 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 – Payments – Edinburgh
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 Recruit4Mum.
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 Recruit4Mum'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 Recruit4Mum
✨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 Recruit4Mum.
✨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 Recruit4Mum 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 Recruit4Mum 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.
