Business Analyst in London

Business Analyst in London

London Full-Time 50000 - 65000 £ / year (est.) Home office (partial)
SWIFT

At a Glance

  • Tasks: Analyse and translate customer needs into technical requirements for cross-border payments.
  • Company: Global leader in secure financial messaging services, shaping the future of payments.
  • Benefits: Inclusive culture, diverse environment, and opportunities for personal and professional growth.
  • Other info: Flexible work environment with a commitment to diversity and continuous learning.
  • Why this job: Join a team of experts to innovate and improve global payment experiences.
  • Qualifications: Experience as a business analyst in financial services and strong analytical skills.

The predicted salary is between 50000 - 65000 £ per year.

We’re the world’s leading provider of secure financial messaging services, headquartered in Belgium. We are the way the world moves value – across borders, through cities and overseas. No other organisation can address the scale, precision, pace and trust that this demands, and we’re proud to support the global economy.

As a Business Analyst joining the Swift payments scheme design team, you will be joining a team of payments and technology experts shaping the future of cross-border payments. You will work in a highly collaborative environment with exposure to senior stakeholders on one of the highest priorities for the company. Acting as a critical bridge between business, technology and delivery teams you will gather, analyse and translate business and customer needs into technical requirements that drive a transformative cross-border payments experience.

The Swift payments scheme is designed to elevate the payments experience globally. Its core ambition is to deliver consistent, high-quality outcomes for end-users by addressing the most common pain points in cross-border payments, focused on five key customer outcomes: availability, certainty, predictability, transparency and speed. It aligns with the G20’s goals for speed, certainty, and transparency, creating a scalable, secure, and interoperable global payments ecosystem.

By taking this role, you will:

  • Shape the future of cross-border payments
  • Work on complex, high-impact problems alongside experienced payments and technology specialists
  • Build products that balance standards and innovation
  • Develop your expertise at the intersection of payments, product strategy and design.

What you’ll do:

  • Define, analyse and translate customer requirements into documented functional and non-functional requirements, user stories and acceptance criteria.
  • Undertake detailed research on operational processes and operating models of target corridors and creditor markets to identify, design and document current and target states.
  • Evaluate design solutions for completeness, coherence and operational readiness.
  • Work closely with technical delivery teams to support the design and delivery of high-quality, timely solutions.
  • Act as the liaison between business teams, technology and delivery teams to ensure project alignment.
  • Support User Acceptance Testing (UAT) and validate that delivered products, services and capabilities meet defined acceptance criteria.
  • Assist in planning and coordinating customer testing activities, including analysing feedback and formulating recommendations for changes or enhancements required.
  • Maintain key documentation such as procedures, process, requirements and specification documents in line with Swift standards and methodologies.
  • Support rollout, adoption and user enablement activities including training and evolution of documentation.
  • Act as subject-matter expert on the Swift payments scheme design, advising internal and external stakeholders with credibility and clarity.
  • Contribute to the development of the team’s strategic goals and objectives.
  • Identify opportunities for innovation and process improvement in the product management function.

What you bring - must-haves:

  • Strong experience working as a business analyst in financial services within transaction banking.
  • A team player with ability to work both collaboratively and independently.
  • Ability to work effectively in a fast-paced dynamic environment.
  • Experience working between business, technology and delivery teams, with ability to engage both technical and non-technical stakeholders.
  • Strong analytical and problem-solving skills.
  • Excellent communication and presentation skills.
  • Detail oriented with a disciplined approach to accuracy and quality.
  • Fluent in English (spoken and written).

What you bring – nice to haves:

  • University degree
  • Experience in cross-border payments related domains.
  • Experience supporting testing and validation of reports, dashboards, and analytics solutions.
  • Experience with defining API specifications and familiarity with end-to-end API lifecycle management and integration.
  • Understanding of financial industry standardisation – standards bodies, processes, politics etc.
  • Familiarity with Jira and Agile Control Framework processes.
  • Strong commitment to continuous learning and improvement.
  • Experience working across multiple geographies or matrixed organisations.

We give you the freedom to be yourself. We are creating an environment of unique individuals – like you – with different perspectives on the financial industry and the world. A diverse and inclusive environment in which everyone’s voice counts and where you can reach your full potential.

Business Analyst in London employer: SWIFT

At Swift Temps Ltd, we pride ourselves on being an excellent employer, offering a supportive work culture that values teamwork and customer service excellence. Our employees enjoy competitive pay rates, opportunities for professional growth, and the chance to work in the beautiful regions of Devon and Cornwall, where every day brings new challenges and rewards. Join us for a fulfilling career where your contributions are recognised and appreciated.

SWIFT

Contact Details:

SWIFT Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Business Analyst 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 SWIFT. 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 Analyst in London

Business Analysis
Financial Services Knowledge
Cross-Border Payments Experience
Requirements Gathering
User Stories Development
Acceptance Criteria Definition
Operational Process Research

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 SWIFT.

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 SWIFT'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 SWIFT

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 SWIFT.

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 SWIFT 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 SWIFT 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.