At a Glance
- Tasks: Lead business analysis and process design for transformation projects in Wealth Management.
- Company: Join RBC, a leading global bank with a focus on innovation and collaboration.
- Benefits: Competitive salary, performance bonuses, flexible benefits, and professional development opportunities.
- Other info: Work in a supportive, inclusive environment with opportunities for growth and development.
- Why this job: Make a real impact by improving processes and driving efficiency in a dynamic team.
- Qualifications: Experience in business analysis, process improvement, and financial services preferred.
The predicted salary is between 46350 - 56650 £ per year.
We have an exciting opportunity for a Business Process 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.
- 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.
RBC Group does not accept agency resumés. Please do not forward resumés to our employees, nor any other company location. RBC Group only pay fees to agencies where they have entered into a prior agreement to do so and in any event do not pay fees related to unsolicited resumés.
At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world.
Business Process Analyst in London 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 Business Process Analyst in London
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We think you need these skills to ace Business Process Analyst in London
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.