Business Analyst

Albany Beck; Greater London; On-site; GBP 60,000 - 90,000; Full time

Job summary

Albany Beck is a specialist financial services consultancy partnering with leading banks to deliver regulatory change and risk governance initiatives. A seasoned Business Analyst is sought to support a major banking transformation focused on establishing a regulated European entity.

The role emphasises business change, regulatory readiness and governance across Risk, Compliance, Operations and Finance, with exposure to ECB/PRA/FCA contexts and cross-border mobilisation.

Qualifications

• Experience delivering business-facing risk, controls, governance or regulatory change initiatives.
• Strong understanding of Operational Risk, Non-Financial Risk or Enterprise Risk Management frameworks.
• Proven ability to document requirements, processes and governance structures.
• Excellent stakeholder management and senior stakeholder engagement skills.

Responsibilities

• Gather, document and analyse business requirements across Risk, Controls, Governance and Regulatory workstreams.
• Support development and implementation of operational risk and control frameworks.
• Conduct risk and control assessments, control mapping and gap analysis.
• Facilitate workshops with stakeholders to identify risks, controls and regulatory requirements.
• Document current-state and target-state processes, operating models and governance structures.
• Support RCSAs and remediation initiatives.
• Translate regulatory requirements into business processes and governance structures.
• Track actions, decisions, risks and issues across programme workstreams.
• Produce business analysis artefacts and governance documentation.

Skills

Business analysis

Regulatory change

Risk & controls

Governance

Stakeholder management

Requirements gathering

Workshop facilitation

Process mapping

Regulatory compliance

Communication skills

Education

BCS Business Analysis

IRM

PRINCE2

CBAP or equivalent

Job description

Albany Beck is a specialist financial services consultancy, delivering expertise across Technology, Data, Risk & Compliance, Change & Transformation, and Operations. We partner with leading financial services organisations to deliver complex projects and transformation initiatives through our experienced consultants.

Client Deployment Role Description

We are seeking an experiencedBusiness Analyst to support a major strategic banking transformation programme focused on establishing a new regulated European banking entity. This is a high-profile opportunity to join a multi-year programme working across Risk, Controls, Governance and Regulatory Change within a leading global investment bank.

The successful candidate will play a key role in supporting the design and implementation of the operational risk, governance and control frameworks required to establish and operate a fully regulated European banking entity. Working closely with senior stakeholders across Risk, Compliance, Operations, Finance and Front Office functions, the Business Analyst will help define target operating models, document regulatory requirements, assess risks and controls, and support the delivery of key regulatory and governance capabilities.

not a technology-focused Business Analyst role. The programme is centred on business change, regulatory readiness, operational risk management, governance, controls and legal entity mobilisation.

The ideal candidate will have experience delivering business-facing risk, controls, governance or regulatory change initiatives within Banking, Capital Markets or Investment Banking environments.

Key Responsibilities

• Gather, document and analyse business requirements across Risk, Controls, Governance and Regulatory workstreams.
• Support the development and implementation of operational risk and control frameworks.
• Conduct risk and control assessments, control mapping and gap analysis activities.
• Facilitate workshops with business stakeholders to identify risks, controls, dependencies and regulatory requirements.
• Document current-state and target-state processes, operating models and governance frameworks.
• Support Risk & Control Self-Assessments (RCSAs) and remediation initiatives.
• Analyse regulatory requirements and help translate them into business processes, controls and governance structures.
• Track actions, decisions, risks and issues across programme workstreams.
• Produce high-quality business analysis artefacts including requirements documents, process maps, governance documentation and stakeholder presentations.
• Support regulatory readiness, operational readiness and legal entity mobilisation activities.
• Collaborate with Project Managers, PMO teams and subject matter experts to ensure successful delivery of programme objectives.
• Assist with governance committees, working groups and programme reporting activities.
• Work with stakeholders across Risk, Compliance, Legal, Finance, Treasury and Operations functions.

Key Skills & Experience

• Proven experience operating as a Business Analyst within Banking, Capital Markets or Investment Banking environments.
• Strong understanding of Operational Risk, Non-Financial Risk or Enterprise Risk Management frameworks.
• Demonstrable experience supporting Risk, Controls, Governance or Regulatory Change programmes.
• Experience conducting risk assessments, control mapping, control design reviews and gap analysis.
• Strong knowledge of Risk & Control Self-Assessments (RCSAs) and control framework development.
• Experience documenting business requirements, processes, controls and governance structures.
• Excellent stakeholder management skills with the ability to engage senior business stakeholders.
• Strong workshop facilitation, requirements gathering and business process analysis capabilities.
• Excellent communication, presentation and documentation skills.
• Strong analytical and problem-solving abilities.
• Ability to work independently within complex, fast-paced regulatory change environments.
• Experience supporting legal entity establishment, bank mobilisation or regulatory readiness programmes.
• Exposure to European banking regulation, ECB regulatory requirements, PRA/FCA regulations or cross-border banking initiatives.
• Experience working on major regulatory transformation programmes such as LIBOR, FRTB or enterprise-wide regulatory change initiatives.
• Knowledge of governance frameworks, policy management and regulatory oversight processes.
• Experience within Capital Markets, Global Markets or Investment Banking environments.
• Experience supporting operational readiness or target operating model design initiatives.
• Familiarity with risk and governance tooling or GRC platforms.
• Professional qualifications such as BCS Business Analysis, IRM, PRINCE2, CBAP or equivalent.