At a Glance
- Tasks: Drive hands-on migration delivery and tackle complex data challenges from day one.
- Company: Dynamic financial services firm in Central London with a focus on innovation.
- Benefits: Competitive daily rate, hybrid working, and immediate start until the year's end.
- Other info: Join a collaborative team and gain valuable experience in a critical interim role.
- Why this job: Make a real impact in a fast-paced environment while enhancing your analytical skills.
- Qualifications: Experience in banking or asset management with a strong track record in platform migrations.
The predicted salary is between 42750 - 52250 £ per year.
Immediate start - short-term role until the end of the year
£600 to £675 per day
Outside IR35
Central London
Hybrid working
Must have Asset/Wealth Management or Banking experience.
Following an acquisition, we are seeking an exceptional, delivery focused Interim Business Analyst with a background in managing migrations. This is a critical, highly hands-on interim role running until the end of the year. The project is bound by incredibly tight deadlines, and we need a tactical, analytical problem solver who can dive straight to the data. You will unpick complex migration challenges on day one.
Problem solving and experience managing business transfers/migrations are the keys to success in this role.
Key Responsibilities:
- Hands-on Migration Delivery: You will drive the practical, day-to-day execution and transfer of client assets, accounts, historical data, and associated operational processes.
- Ensure all migration activities strictly adhere to proper internal processes and that robust operational controls are established and maintained throughout the transition to prevent any data loss or operational gaps.
- Interrogate legacy and target core platforms, mapping data fields accurately and ensuring seamless integration between systems.
- Proactively identify data discrepancies and system integration issues. Own the resolution of these issues.
- Conduct detailed data mapping and oversee complex asset reconciliation activities, ensuring the incoming client book aligns with the target platform.
- Collaboration between core business functions, managing stakeholders across Operations, Technology, Risk, Compliance, Legal, Finance, and the Front Office.
Skills and Experience Required:
- Platform Migration Track Record: you must have successfully moved a platform from one system to another within a wealth management or banking environment, demonstrating strong systemic fluency and technical adaptability.
- Exceptional ability to work directly with complex databases, platform architectures, and data structures.
- A proven ability to look at complex data or broken operational processes, find the root cause of a system mismatch, and implement a rapid, robust fix.
- A proven ability to land in a complex, fast-moving environment, absorb technical information, and pick up execution tasks immediately.
- A demonstrable background within Wealth Management, Banking, or Asset Management is essential.
- An understanding of custody operations and products, including the operational nuances of migrating cash, stock, and equities.
Beneficial Experience:
- A solid understanding of CASS (Client Assets Sourcebook) rules, specifically regarding client money and asset protection during a book transfer.
Migration Business Analyst in London employer: Trace
Trace is an exceptional employer that prioritises inclusivity and diversity, creating a supportive environment where every team member feels valued. As a Cash Management Analyst, you will benefit from a collaborative work culture that encourages professional growth and development, alongside competitive compensation and benefits. Located in a dynamic investment management firm, this role offers the opportunity to engage with a diverse range of investment strategies while contributing to meaningful financial operations.
StudySmarter Expert Advice🤫
We think this is how you could land Migration Business Analyst in London
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Trace.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Trace might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Migration Business Analyst in London
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Trace will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Trace. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Trace confidence in your short-term commitment to the role.
How to prepare for a job interview at Trace
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Trace.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Trace that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
