At a Glance
- Tasks: Support and enhance loan origination systems while collaborating across departments.
- Company: Join Step One Finance, a dynamic company in Woking with a focus on growth.
- Benefits: Enjoy continuous learning, a collaborative environment, and career development opportunities.
- Other info: Be part of an inclusive workplace that values your contributions and offers career growth.
- Why this job: Make a real impact by optimising business applications and improving user experiences.
- Qualifications: 3+ years in application support or business systems analysis, preferably in financial services.
The predicted salary is between 37800 - 46200 £ per year.
We are seeking a dedicated and detail-oriented Business Systems Analyst to support and enhance loan origination, servicing, and related business applications.
This role is responsible for ensuring the ongoing effectiveness, stability, and strategic development of these systems, their integrations, and the business processes they enable.
Acting as the recognised subject matter expert for assigned applications, the successful candidate will work across departments and with external vendors to provide user support, manage incidents and change requests, coordinate testing and releases, identify opportunities for improvement, maintain system documentation, and guide applications through their full lifecycle from implementation and optimisation to retirement or replacement.
Located just a two-minute walk away from the Woking town centre, Step One Finance provides challenging and rewarding careers.
We achieve this by offering continuous learning and development, collaborative teamwork environment and exposure to a wide variety of work.
Imagine and shape your future at Step One Finance Limited where you can grow professionally, in a diverse and inclusive workplace that rewards your contribution.
Step One Finance is proud to be an equal opportunity employer and we take affirmative action to create a more inclusive and equitable world of work.
Key Responsibilities
- Application Support & System Management
- – Serve as the primary point of contact for troubleshooting, supporting, and maintaining loan origination, servicing, and related business applications, including associated integrations, interfaces, and connected services.
- – Provide timely technical and functional support to users across the organisation, ensuring minimal business disruption and effective resolution of incidents and service requests.
- – Monitor application health, performance, and usage, proactively identifying issues and opportunities for improvement.
- – Maintain application configuration, permissions, reference data, and system settings in accordance with business and regulatory requirements.
- – Document issues, resolutions, known workarounds, and best practices, maintaining a comprehensive knowledge base and support documentation.
- Testing, Change & Release Management
- – Perform functional, regression, integration, and user acceptance testing for application enhancements, upgrades, fixes, and new functionality.
- – Define and document test scenarios, test cases, and expected outcomes, ensuring solutions meet business requirements and quality standards.
- – Validate defect resolutions and system improvements prior to production deployment.
- – Support change management activities, including impact assessments, release planning, deployment coordination, and post-implementation review.
- Vendor & Stakeholder Management
- – Act as the key liaison between business stakeholders, technology teams, and external software vendors and service providers.
- – Coordinate and manage application-related incidents, enhancements, upgrades, and support requests with vendors and internal teams.
- – Build effective relationships with stakeholders to understand business needs and ensure systems continue to deliver value and support strategic objectives.
- Application Lifecycle & Continuous Improvement
- – Maintain a thorough understanding of assigned applications, business processes, and supporting integrations, acting as the recognised subject matter expert.
- – Develop and maintain application roadmaps, recommending enhancements and new capabilities to improve operational effectiveness and user experience.
- – Analyse system performance, usage trends, and business processes to identify opportunities for optimisation, automation, and simplification.
- – Support application selection, implementation, upgrades, replacement initiatives, and decommissioning activities as required throughout the system lifecycle.
- – Ensure application documentation, configurations, and support processes remain current and aligned with business needs.
- Documentation & Training
- – Create and maintain comprehensive application documentation, including user guides, process maps, support procedures, configuration records, and operating standards.
- – Deliver training, workshops, and knowledge-sharing sessions to improve user adoption, proficiency, and understanding of system capabilities.
- – Support the development of business process documentation and ensure knowledge is retained within the organisation.
Requirements
- • 3+ years or demonstrable experience in application support, business systems analyst or application management or similar role.
- • Proven experience supporting and enhancing business-critical applications, preferably within financial services, lending, or another regulated environment.
- • Experience investigating and resolving application, integration, and data-related issues.
- • Experience with software testing methodologies, including functional, integration, regression, and user acceptance testing.
- • Strong analytical and problem-solving skills, with the ability to identify root causes and recommend effective solutions.
- • Experience gathering, documenting, and translating business requirements into system changes and improvements.
- • Excellent communication and stakeholder management skills, with the ability to work effectively across departments and with external technology partners.
- • Ability to manage competing priorities and work effectively in a fast-paced environment.
- • Familiarity with ITIL principles, incident management, change management, and service management tools is advantageous.
Desirable
- • Knowledge of mortgage, secured loan, or consumer lending products and associated processes from origination through to servicing and completion.
- • Experience working within a regulated industry, particularly financial services.
- • Understanding of data structures, relational databases, and data analysis principles.
- • Ability to write and troubleshoot SQL queries for data investigation, reporting, and issue resolution.
- Experience working with APIs, web services, and system integrations, including the ability to analyse requests and responses, troubleshoot issues, and support integration-related activities.
- • Experience managing or supporting application upgrades, implementations, or system migration projects.
- • Experience producing process maps, user documentation, and training materials.
This role has no direct people management responsibilities.
This role is not classified as a Certification Function under the Financial Conduct Authority's Senior Managers and Certification Regime (SM&CR).
Step One Finance does not offer visa sponsorship; therefore, all candidates must have a valid right to work in the UK.
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Business Systems Analyst in Woking employer: Step One Finance
Step One Finance is an excellent employer that prioritises employee development and fosters a collaborative work culture. Located in a vibrant area, we offer competitive benefits, including flexible working arrangements and opportunities for professional growth, ensuring that our team members thrive while contributing to meaningful projects in the lending sector.
StudySmarter Expert Advice🤫
We think this is how you could land Business Systems Analyst in Woking
✨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.
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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 Step One Finance. 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 Systems Analyst in Woking
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 Step One Finance.
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 Step One Finance'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 Step One Finance
✨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 Step One Finance.
✨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 Step One Finance 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 Step One Finance 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.