Asset Servicing / Asset Management Business Analyst

Square One Resources; City Of London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading recruitment agency is looking for a Senior Business Analyst to support Asset Servicing and Asset Management functions. The ideal candidate has a strong background in business analysis within financial services, particularly money market funds. Responsibilities include analyzing business processes, defining operating models, and ensuring compliance. This role offers a rate of £550 - £600 per day and is hybrid based in London.

Qualifications

• Proven experience in Asset Servicing and Asset Management.
• Strong knowledge of money market funds and mixed MMF structures.
• Deep understanding of operational workflows including trade lifecycle.

Responsibilities

• Analyze and map existing business processes.
• Define and design Target Operating Models for transformation.
• Document business requirements and functional specifications.

Skills

Business Analyst experience in Asset Servicing

Knowledge of money market funds

Understanding of operational workflows

Experience designing Target Operating Models

Understanding of regulatory frameworks

Experience with fund administrators

Proficient in Visio

Stakeholder management skills

Tools

Visio

Confluence

JIRA

Excel

Job description

Job Title: Asset Servicing & Asset Management - Senior Business Analyst
Location: London (Hybrid)
Salary/Rate: £550 - 600 Per Day
Start Date: 18/08/25
Job Type: Outside IR35 Contract

***Candidate MUST have Asset servicing / Asset management experience or will NOT be considered***

Company Introduction:
We have an exciting opportunity now available with one of our sector-leading consultancy clients! They are currently looking for two experienced Senior Business Analysts to support a critical transformation programme across a Financial Services firms Asset Servicing and Asset Management functions, with a particular focus on mixed money market fund operations and operating model optimisation.

Job Responsibilities/Objectives:
You will be responsible for Analysing and map existing business processes across Asset Servicing and Asset Management.

• Define and design Target Operating Models (TOMs) to support business transformation objectives
• Document business requirements (BRDs), functional specifications, and process flows
• Lead workshops with SMEs, operations teams, and technology stakeholders
• Collaborate with technology teams on solution design and implementation
• Work closely with compliance and regulatory teams to ensure adherence to industry standards
• Conduct gap analysis between current and target states for MMFs and related products
• Support the development of test strategies and validate solutions during UAT
• Drive stakeholder engagement across global teams (operations, IT, product, finance)

Required Skills/Experience:
The ideal candidate will have the following:

• Proven Business Analyst experience in Asset Servicing and Asset Management
• Strong knowledge of money market funds, including mixed MMF structures
• Deep understanding of operational workflows across trade lifecycle, settlements, NAV, and reconciliations
• Experience designing and implementing Target Operating Models (TOMs)
• Strong understanding of regulatory and compliance frameworks (e.g., UCITS, MMFR)
• Experience working with fund administrators, custodians, and asset managers
• Proficient in business analysis tools: Visio, Confluence, JIRA, Excel
• Excellent communication and stakeholder management skills

Desirable Skills/Experience:
Although not essential, the following skills are desired by the client:

• Previous experience working in Financial Services industry
• Distributed Ledger Tokenisation experience - extremely helpful
• Understanding of transfer agency, fund accounting, and custody operations
• Agile delivery experience (Scrum/Kanban methodologies)

If you are interested in this opportunity, please apply now with your updated CV in Microsoft Word/PDF format.

Disclaimer:
Notwithstanding any guidelines given to level of experience sought, we will consider candidates from outside this range if they can demonstrate the necessary competencies.

Square One is acting as both an employment agency and an employment business, and is an equal opportunities recruitment business. Square One embraces diversity and will treat everyone equally. Please see our website for our full diversity statement.