At a Glance
- Tasks: Analyse business needs, document requirements, and facilitate stakeholder communication.
- Company: Join SMBC Group, a trusted partner in universal banking with exciting growth opportunities.
- Benefits: Enjoy hybrid working, competitive leave, and comprehensive wellbeing support.
- Other info: Dynamic environment with diverse teams and excellent career progression opportunities.
- Why this job: Make a real impact by supporting clients in their transition to a sustainable future.
- Qualifications: 3-5 years of BA experience and strong communication skills required.
The predicted salary is between 56700 - 69300 £ per year.
- Business Analyst - Assistant Vice President - Fixed Term Contract
- London, LND, GB, EC2M 2AT
Who we are
United by a sense of purpose towards our customers – to be a trusted partner for the long-term – and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives.
We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets.
Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future.
- Purpose of Job
- The Business Analyst (BA) is responsible for understanding and assessing changing business needs, analysing impacts, documenting requirements, and facilitating communication between stakeholders.
- The BA will identify impacts on the target operating model, providing solutions to mitigate risks.
- The role involves supporting business case development, planning, control processes, impact evaluation, traceability, and QA/testing.
- For regulatory projects, the BA ensures compliance by translating EMEA regulatory requirements into actionable business requirements.
- Background
- TCMG provides the SMBC enterprise professional project, programme and portfolio management resource and expertise to the organisation.
It was established as a centralized business function operating at a strategic level to provide enterprise-wide oversight and management of change.
- TCMG is also a resource centre/ centre of excellence.
It is comprised of professionally qualified project, programme and change managers and business analysts.
These are divided into multi-disciplinary teams with reporting line to a Team Lead.
- While working on projects or programmes individual staff retain their report line but for the purposes of the project have a dotted line to the Project or Programme manager and/or Sponsor.
The teams handle the bank’s most complex programmes and projects that require strong regional or global co-ordination, are often regulatory deadline driven or key for business strategy, require close cooperation with multiple departments, offices and other regions and have significant budgets.
- Facts / Scale
- TCMG manage flexible pool of professionally qualified project, programme and change managers, business analysts and project analysts.
This number changes depending on the requirements of different programmes and projects.
- BAs work on complex projects and programmes across EMEA.
- Accountabilities and Responsibilities
- Engage with internal/external stakeholders to understand current processes, identify change needs, and recommend optimal approaches.
- Produce BA documentation (e. g., target operating models, process models, business requirements, test scripts) to support solution development and implementation.
- For regulatory projects, track and analyse EMEA regulatory updates, working with SMEs to document practical implications for systems and processes.
- Identify and document operating model changes, timelines, and governance requirements.
- Assess impacts of change on services, functions, and systems; highlight options and dependencies for informed decision-making.
- Communicate clearly within multi-disciplinary teams, gain consensus, and implement solutions within time, budget, and quality constraints.
- Articulate benefits of changes to stakeholders and address concerns.
- Support QA/testing and assist in issue resolution.
- Create plans and processes to evaluate change impacts and maintain audit-ready documentation
- Knowledge, Skills, Experience and Qualifications
- 3–5 years of relevant BA experience.
- Strong multitasking, relationship-building, and communication skills.
- Knowledge of front-to-back office processes and products.
- Proven experience delivering projects in financial services, including regulatory change.
- Understanding of banking operations and trade flows.
- Ability to work collaboratively, resolve conflicts, and take initiative while supporting project leadership.
- Resilient under pressure; flexible in shifting between strategic and detailed tasks.
- Skilled in gap analysis, target operating models, process modeling, business requirements, and test scripts.
- Ability to analyse regulatory/business requirements and translate them into practical implications for processes and systems.
What we offer
For all the expertise and experience you bring to help us make a difference, it’s only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well-bring and work-life balance.
We also believe in fostering a diverse and inclusive work environment, where all team members perspectives and contributions are valued.
Initiatives in place which promote a diverse and inclusive culture and healthy work life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks.
As an employee of SMBC you have access to a host of both useful and exciting benefit offerings. See below some of the benefits on offer to you:
- Hybrid and flexible working
- Competitive paid leave days
- Benefits to support your physical wellbeing, including private medical insurance and life and invalidity insurance
- Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services
- Access a wide range of learning and development opportunities and career progression opportunities
- About SMBC
A trusted partner for the long term
United by a sense of purpose towards our customers - to be a trusted partner for the long-term - and our universal banking platform in EMEA, we deliver a full suite of corporate finance products and solutions to our customers, including corporate, structured and trade finance, leveraged finance, loan market and treasury products.
We can also provide investment banking and advisory services and a range of innovative solutions in global capital markets.
- Find out more about what we do and who we are at
Business Analyst - Assistant Vice President - Fixed Term Contract in London employer: Sumitomo Group
At SMBC Group, we pride ourselves on being an excellent employer that champions inclusivity and employee growth. Our dynamic work culture fosters collaboration and innovation, offering competitive benefits such as hybrid working, comprehensive health support, and extensive learning opportunities. Join us in London to be part of a forward-thinking team dedicated to making a meaningful impact in the banking sector while enjoying a healthy work-life balance.
StudySmarter Expert Advice🤫
We think this is how you could land Business Analyst - Assistant Vice President - Fixed Term Contract in London
✨Join Business Intelligence Meetups
We can’t stress enough how beneficial it is to attend local Business Intelligence meetups and events. These gatherings often bring together industry professionals and can lead to short-term, temporary roles—perfect if you’re looking to land something quickly. Plus, you’ll get to learn some insider tips and tricks from those already in the game!
✨Leverage Online Freelancing Platforms
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✨Show Off Your BI Projects
Whether you’re working on a personal project or a past endeavour, put your work out there! Create a public portfolio that highlights your best Business Intelligence analyses or visualisations. It’ll give you a leg up when you’re approaching companies like Sumitomo Group, showing exactly what you can bring to the table.
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If you're currently studying or recently graduated, make sure to use your university's career services. Many educational institutions have partnerships with companies looking for temporary talent in Business Intelligence, so keep an eye out for exclusive job postings or internship fairs that could lead to a quick placement.
We think you need these skills to ace Business Analyst - Assistant Vice President - Fixed Term Contract in London
Some tips for your application 🫡
Show Off Your Data Skills:In business intelligence, it's crucial to highlight your analytical skills and experience with data tools. Make sure your CV showcases any relevant software you’ve used, like SQL, Tableau, or Power BI. Add specific examples of how you've used data to drive insights or improvements in previous roles, even if they were in academic projects or internships.
Keep it Concise and Impactful:For a temporary role like this, hiring managers often have limited time to sift through applications. Get straight to the point in your CV and cover letter. Use bullet points for your achievements, showcasing the impact you've made, like percentage increases in efficiency or specific results from your analyses.
Flexibility is Key:Since this is a temporary position, make sure to emphasise your adaptability. Mention your quick learning abilities and experiences where you adapted to new tools or processes rapidly. This will show that you can jump in and start contributing effectively from day one at Sumitomo Group.
Craft a Tailored Motivation Statement:In your cover letter, focus on why you’re excited about this temporary role at Sumitomo Group. Talk about your interest in business intelligence and how this position aligns with your career goals. Remember, it’s not just about what you can offer, but why you’re passionate about becoming part of their team, even for a short time!
How to prepare for a job interview at Sumitomo Group
✨Brush Up on Your Data Skills
For a business intelligence role, you'll want to showcase your analytical skills and familiarity with data visualisation tools like Tableau or Power BI. Be ready to tackle technical questions or case studies demonstrating your ability to interpret data and make insightful recommendations.
✨Plan Your Portfolio of Projects
Since this is a temporary position, we should highlight any past projects you've worked on in business intelligence. Prepare a portfolio that includes a couple of key pieces where you've effectively utilised data to drive decisions—this will show that you're not just a quick fix but someone who can deliver immediate value.
✨Demonstrate Your Adaptability
Temporary roles often require us to hit the ground running, so be ready to discuss how you quickly adapt to new tools, teams, and environments. Share specific examples from previous experiences where you thrived under pressure or had to learn a new system or process in a short time frame.
✨Have Your Metrics Ready
In business intelligence, quantifying your impact is key. Come prepared to share metrics from your past work: think percentages, growth figures, or efficiency improvements. This will really help us paint a picture of how your contributions directly benefited those previous roles.
