At a Glance
- Tasks: Lead business analysis and drive transformation projects in a dynamic team.
- Company: Join RBC, a leading bank committed to innovation and inclusivity.
- Benefits: Competitive salary, performance bonuses, flexible benefits, and professional development opportunities.
- Other info: Collaborative environment with strong support for your growth and ideas.
- Why this job: Make a real impact while working with AI and advanced analytics.
- Qualifications: Experience in business analysis and process improvement, preferably in financial services.
The predicted salary is between 45000 - 55000 £ per year.
We have an exciting opportunity for an Associate Business Analyst to join our Chief Administration Office on a permanent basis in either London or Edinburgh. The Chief Administration Office (CAO) supports the Wealth Management Europe (WME) business lines through three core principles:
- Protect: Implements and embeds effective first-line controls and processes within the Advice business to ensure good client outcomes from the outset.
- Sustain: Acts as the first point of contact between Front Office and Client Facing Teams (CFT), identifying and triaging issues that impact business productivity, efficiency, and performance against KPIs and KRIs.
- Grow: Identifies process-related opportunities to increase capacity for Client Facing Teams to pursue new business, including ensuring high-quality data availability, delivering front office change projects, and providing training.
The Intermediate Business Analyst leads business analysis activities for the Business Solutions team across Wealth Management Europe (WME). You will own the analysis, design, and delivery of requirements for business-led transformation projects. Working with Project Managers, stakeholders, and cross-functional teams, you will drive requirements clarity, process design, and stakeholder alignment. RBC's expectation is that all employees and contractors will work in the office with some flexibility to work up to 1 day per week remotely.
What will you do?
- Lead Requirements Gathering & Documentation
- Develop Specifications - creating user stories and acceptance criteria for business changes
- Conduct Gap Analysis and Develop Impact Assessments
- Develop Business Cases & Cost-Benefit Analysis
- Lead in 'to-be' process design
- Develop Standard process procedures
- Define project specific success metrics
- Use data to provide recommendations
- Support the solutions team with stakeholder management and project communications
- Manage project escalations and feedback
What do you need to succeed?
- Must-have:
- Demonstrated expertise in business analysis, process improvement, or project management
- Proven experience conducting requirements gathering, impact assessment, and process design
- Experience in financial services or Wealth Management (preferred)
- Proficiency with Microsoft Office (Word, Excel, PowerPoint, Teams, SharePoint)
- Experience with process mapping tools (Visio) or willingness to learn
What is in it for you?
We thrive on the challenge to be our best - progressive thinking to keep growing and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual. Leaders who support your development through coaching and stretch opportunities. Work with AI, automation, and advanced analytics in a forward-thinking team. Competitive compensation, performance bonuses, and flexible benefits tailored to your needs. Work in a dynamic, collaborative, inclusive, and high-performing team where your ideas matter.
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: Royal Bank of Canada
At RBC Wealth Management Europe, we pride ourselves on being an exceptional employer, offering a dynamic and collaborative work environment in London and the South East. Our commitment to employee growth is evident through our comprehensive Total Rewards Program, which includes competitive compensation, bonuses, and flexible benefits, alongside opportunities for professional development and coaching from experienced leaders. Join us to make a meaningful impact while working with a talented team dedicated to delivering tailored financial solutions to our clients.
StudySmarter Expert Advice🤫
We think this is how you could land Associate Business Analyst
✨Get to Grips with Data Visualisation Tools
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✨Join Local Business Intelligence Meetups
Look for local business intelligence meetups or analytics conferences in your area. These events are not just great for learning but also for networking with industry professionals who could lead you to opportunities at companies like Royal Bank of Canada!
✨Engage with Online BI Communities
Join online forums or communities focused on business intelligence—think LinkedIn groups, Reddit threads, or even dedicated Slack channels. Engage actively by sharing your insights and asking questions; this can help you build visibility and connect with potential employers.
✨Leverage Your University’s Career Support
If you're a recent graduate, definitely tap into your university's career services. Many have connections with companies in need of full-time BI specialists, and they can guide you on how to pitch yourself effectively—don't miss out on that!
We think you need these skills to ace Associate Business Analyst
Some tips for your application 🫡
Highlight Your Analytical Skills:In the business intelligence field, showcasing your analytical skills is a must. Make sure your CV includes relevant experience with data analysis tools, programming languages like SQL or Python, and any projects where you've interpreted complex data sets to drive business decisions.
Showcase Your Business Acumen:Don't just focus on data; show us how you can apply your insights to real-world business problems. Highlight projects where you made a tangible impact on company performance, and be prepared to explain your thought process in your cover letter.
Tailor Your Documents for Us:When applying for a full-time role at Royal Bank of Canada, tailor your CV and cover letter to reflect our organisational goals and strategies. Mention specific tools and methodologies that align with what we do—this shows you’ve done your homework and are genuinely interested in our mission!
Include Relevant Certifications:Certifications like Google Data Analytics or similar qualifications can really make you stand out in business intelligence. Include these in your application, as they demonstrate your commitment to the field and your willingness to stay current with industry standards.
How to prepare for a job interview at Royal Bank of Canada
✨Show off your analytical skills
In a business intelligence role, you're going to need to demonstrate your analytical prowess. Be prepared to discuss specific tools you've used, like SQL, Tableau, or Power BI. Have real-world examples ready where you’ve turned data into actionable insights – this is what makes us shine in interviews!
✨Practice your technical know-how
Expect some technical questions during the interview that dive deep into your understanding of data modelling and analytics frameworks. Brush up on your knowledge of data warehousing concepts and be ready to tackle any real case scenarios they might present. They’ll want to see how you approach problems using your BI toolkit.
✨Portfolio of Projects
Since it's a full-time role, having a strong portfolio is key! Compile case studies demonstrating your previous projects, preferably showing how your insights led to business improvements. This can help us display how you think through complex datasets and your problem-solving process, which is what employers are keen on seeing.
✨Know their business model
Get familiar with Royal Bank of Canada’s business model and recent data-driven decisions. Be prepared to discuss how your skills can specifically support their objectives or challenges. Understanding their landscape shows that you’re not just a data buff, but you’re also genuinely interested in how BI can impact their bottom line.
