At a Glance
- Tasks: Analyse banking products and improve processes while collaborating with diverse teams.
- Company: Join SMBC, a trusted partner in finance with a commitment to inclusivity.
- Benefits: Enjoy hybrid working, competitive pay, and wellness support.
- Other info: Access exciting career growth opportunities and a vibrant workplace culture.
- Why this job: Make a real impact in finance while developing your skills in a supportive environment.
- Qualifications: Experience in banking, data analysis, and strong communication skills are essential.
The predicted salary is between 70000 - 106000 £ per year.
Here at SMBC Group, we want to help you find the next step in your career so read on to discover if this opportunity is the one for you. We like to recognise potential in our people, so we welcome your application even when your experience doesn’t perfectly align with the job description. Whilst we’ll always strive to be better, we’re proud of our inclusive culture, and encourage our applicants and colleagues to be their authentic, unique selves.
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.
Role Summary
We are seeking a Product Analyst with deep expertise in the Banking and Finance domain, specifically in Interest Rate Derivatives. The candidate will be working with the Front Office (Trading and Trade Execution Support), looking at improving processes and workflow. The ideal candidate will possess a strong understanding of product structures, participant roles, business functions, and operational processes. This role requires a strategic thinker who can bridge the gap between business needs and technical delivery.
Key Responsibilities
- Requirement Gathering & Analysis: Elicit and document functional and non-functional requirements in the form of user stories. Uncover tacit knowledge, identify unknowns, and assimilate relevant business and technical facts. Break down complex business requirements into smaller, actionable components with clear value and ROI.
- Stakeholder Engagement: Manage cross-regional stakeholder relationships and ensure transparent communication. Collaborate closely with Product Owners to ensure prioritization and alignment with business goals. Clearly articulate problem statements and proposed solutions in simple, concise language.
- Agile Delivery & Planning: Participate in all Scrum ceremonies including planning, daily stand-ups, sprint reviews, and retrospectives. Refine requirements with developers and agree on incremental, sprint-wise delivery plans. Maintain up-to-date Jira boards to enable accurate dashboards and MI reporting.
- Testing & Quality Assurance: Leverage SME knowledge to support unit, system integration, and user acceptance testing (UAT). Collaborate with QA and development teams to define test cases and validate outcomes. Drive UAT cycles, gather evidence, and coordinate releases within agreed timelines.
- Design & Configuration: Work with development teams and solution design authorities to ensure adherence to sound design principles. Understand and support unique business configurations within software applications.
- Communication & Reporting: Ensure timely, accurate, and transparent communication of progress, risks, and issues. Provide regular updates to stakeholders and ensure the Product Owner has full visibility into ongoing workstreams.
- Governance & Standards: Uphold quality standards and ensure compliance with established processes and best practices.
Objectives of the Role
- Translate complex business requirements into clear, actionable user stories with measurable outcomes.
- Collaborate with development teams to estimate, plan, and deliver incremental value.
- Ensure continuous alignment with Product Owners and stakeholders through proactive communication and early escalation of impediments.
- Drive delivery through structured planning, rigorous testing, and stakeholder engagement.
- Drive process improvement, control and streamlining of BAU tasks for business users.
Experience with: PowerBI, Python or SQL. Experience working with large data sets.
Compensation
The anticipated salary range for this role is £70,000 - £106,000, with the final offer determined based on the candidate’s skills, experience, role scope, location, and relevant market factors. In addition to base salary, the role may be eligible for a discretionary incentive award and a competitive benefits package, including core benefits such as pension provision.
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-being 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
We recognise our role as a bank to support social change and welcome all applications, including those from groups often under-represented in financial services. We value the uniqueness of professional and personal backgrounds and perspectives as they play a vital role in continuing the sustainable growth of our organisation. We’ll ensure reasonable adjustments to our recruitment process are offered due to a disability or long-term condition whenever requested. We are committed to transparent and equitable pay practices. Compensation is determined using objective criteria, including skills, experience, and role responsibilities, and applied consistently throughout our recruitment processes. We do not request candidates' pay history and are committed to preventing unjustified pay disparities.
Product Analyst - AVP 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 Product Analyst - AVP 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 Sumitomo Group. 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 Product Analyst - AVP 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 Sumitomo Group.
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 Sumitomo Group'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 Sumitomo Group
✨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 Sumitomo Group.
✨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 Sumitomo Group 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 Sumitomo Group 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.
