At a Glance
- Tasks: Join a dynamic team to analyse and improve technology solutions in the financial services sector.
- Company: Major financial services organisation with a collaborative and Agile culture.
- Benefits: Long-term contract, competitive rates, and hybrid working options.
- Other info: Ideal for candidates from CSDs, custodians, or investment banks looking for growth.
- Why this job: Make a real impact in a highly regulated securities environment while developing your skills.
- Qualifications: 5+ years as an IT Business Analyst with strong knowledge of securities and post-trade processes.
The predicted salary is between 49500 - 60500 £ per year.
Contract: Long-term Contract
Sector: Financial Services / Financial Market Infrastructure
Location: London / Hybrid
Specialism: Securities, Post-Trade, Settlement & CSD
The Opportunity
We are looking for an experienced IT Business Analyst to join a major financial services organisation working within a highly regulated and business-critical securities environment. You will join a collaborative, Agile delivery team responsible for technology solutions supporting securities, settlement and post-trade services. This is a hands-on Business Analysis position requiring someone who can operate effectively between Business and Technology. You will work with stakeholders to understand complex requirements, identify appropriate solutions and support change throughout the full delivery lifecycle - from initial analysis and requirements through to testing, UAT and implementation.
The successful candidate will ideally bring strong knowledge of Central Securities Depositories (CSDs), securities settlement, post-trade processes and financial market infrastructure, alongside experience with securities messaging standards such as ISO 15022 and ISO 20022.
Key Responsibilities
- Act as a key interface between business stakeholders, technology teams and other delivery functions.
- Understand the business drivers behind operational, functional, tactical and strategic change initiatives and translate these into clear technology and business requirements.
- Work closely with stakeholders to understand complex business problems, processes and needs.
- Challenge requirements constructively and propose viable business and technology solutions.
- Lead and facilitate requirements gathering workshops with stakeholders across Business and IT.
- Analyse existing business processes, systems and data flows and identify opportunities for improvement.
- Produce high-quality business, stakeholder, functional and non-functional requirements.
- Develop user stories, acceptance criteria, use cases and other appropriate Agile delivery artefacts.
- Produce process and system models using techniques such as BPMN, UML, story mapping and data modelling.
- Work closely with developers, architects, testers, Product Owners and other technology stakeholders throughout the delivery lifecycle.
- Support the implementation and deployment of system changes, providing stakeholders with guidance throughout the change process.
- Produce and validate scenarios required to test new systems and functionality.
- Participate in and, where required, execute different phases of testing.
- Support User Acceptance Testing (UAT) and client/business acceptance activities.
- Ensure requirements remain traceable throughout design, development, testing and implementation.
- Identify risks, issues and dependencies associated with proposed changes.
- Promote Business Analysis best practice and contribute to continuous improvement across the wider BA community.
Essential Experience
Candidates should have a strong combination of Business Analysis expertise and securities/post-trade domain knowledge. You should have:
- Minimum 5 years' experience as an IT Business Analyst, ideally within financial services or financial market infrastructure.
- Strong experience within securities, settlement, post-trade and/or custody.
- Good understanding of Central Securities Depositories (CSDs) and their role within the financial markets ecosystem.
- Understanding of the securities lifecycle, including areas such as trade processing, settlement, positions, custody and/or corporate actions.
- Knowledge of CSD Regulation (CSDR) and the wider regulatory environment affecting securities settlement would be highly desirable.
- Strong understanding of securities market messaging standards, particularly ISO 15022 and/or ISO 20022.
- Knowledge of securities market practices and standards developed through organisations such as SMPG would be advantageous.
- Proven experience eliciting, analysing, documenting and managing complex requirements.
- Strong experience producing functional and non-functional requirements, user stories and acceptance criteria.
- Experience with Business Analysis modelling techniques including process modelling, use cases, story mapping, BPMN and/or UML.
- Experience supporting testing activities including test scenarios, system testing and UAT.
- Experience delivering complex technology change using methodologies such as Agile/Scrum, SAFe, Waterfall and/or V-Model.
Highly Desirable
Experience in one or more of the following would be particularly valuable:
- CREST or comparable securities settlement platforms
- Central Securities Depositories
- Securities settlement
- Custody / asset servicing
- Corporate actions
- Post-trade processing
- Financial Market Infrastructure (FMI)
- CSDR
- ISO 15022
- ISO 20022
- SWIFT securities messaging
- SMPG market practices
- Securities migrations or transformation programmes
Candidates coming from a CSD, custodian, investment bank, securities services organisation, exchange, clearing house or other financial market infrastructure environment are particularly encouraged to apply.
*Rates depend on experience and client requirements
IT Business Analyst (Contractor)- Securities / Post-Trade / CSD in London employer: Salt
As a UX Designer at our global investment management firm in London, you'll be part of a dynamic and innovative team that values creativity and collaboration. We offer a hybrid work environment, competitive salary, and comprehensive benefits, alongside ample opportunities for professional growth in the rapidly evolving field of digital marketing and AI. Join us to shape engaging user experiences while working on cutting-edge projects that blend classic UX design with emerging technologies.
StudySmarter Expert Advice🤫
We think this is how you could land IT Business Analyst (Contractor)- Securities / Post-Trade / CSD in London
✨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 Salt. 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 IT Business Analyst (Contractor)- Securities / Post-Trade / CSD in London
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 Salt.
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 Salt'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 Salt
✨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 Salt.
✨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 Salt 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 Salt 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.
