Business Analyst

Marcus Donald People; Greater London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading company is seeking a detail-oriented Business Analyst specializing in Banking Operations with expertise in T+1 settlement. The role involves gathering requirements, supporting compliance initiatives, and enhancing operational processes. Ideal candidates will have strong analytical skills and a background in banking operations.

Qualifications

• Experience as a Business Analyst in banking with T+1 settlement knowledge.
• Familiarity with middle- and back-office operations.
• Experience in Agile and Waterfall project environments.

Responsibilities

• Gather and analyze business requirements from stakeholders.
• Act as a SME for post-trade processing and T+1 compliance.
• Collaborate with project teams for system and workflow changes.

Skills

Analytical Skills

Communication

Problem-Solving

Education

Bachelor’s or Master’s degree in Finance

Bachelor’s or Master’s degree in Business

Bachelor’s or Master’s degree in Technology

Tools

SWIFT

FIX

Murex

Calypso

Broadridge

Job description

4 days ago Be among the first 25 applicants

This range is provided by Marcus Donald People. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

Job Title: Business Analyst – Banking Operations (T+1 Settlement)

Location: Hybrid

Job Type: Contract, Inside IR35

Role Overview:

City based Bank are seeking a detail-oriented and experienced Business Analyst with a strong background in banking operations and a deep understanding of trade settlement cycles, specifically T+1. This role is crucial in supporting operational readiness, regulatory compliance, and business transformation initiatives driven by shortened settlement timelines.

Key Responsibilities:

• Gather and analyse business requirements from stakeholders across operations, technology, and compliance.
• Act as a subject matter expert (SME) for post-trade processing, especially in equities and fixed income settlements under T+1 regimes.
• Map current and future state processes to identify gaps and recommend operational enhancements.
• Collaborate with project teams to design and implement systems and workflow changes for T+1 compliance.
• Facilitate workshops, conduct impact analysis, and create detailed business and functional requirement documents (BRDs/FRDs).
• Work closely with IT and QA teams to support solution design, testing, and defect resolution.
• Ensure alignment with regulatory expectations (e.g., SEC mandates) for T+1 settlements.
• Provide training, documentation, and go-live support to end users and stakeholders.
• Track and report project progress, risks, and dependencies.

Required Skills & Experience:

• Experience as a Business Analyst within the banking industry with a strong understanding of settlement processes (T+2 and T+1) for securities, including operational implications.
• Experience with middle- and back-office operations including trade capture, matching, confirmations, settlement, and reconciliation.
• Familiarity with SWIFT messaging, FIX protocols, DTCC, Euroclear, or other CSD/clearing systems.
• Proficiency in business process modeling, use case creation, and data flow analysis.
• Prior involvement in regulatory change projects, especially those driven by SEC, FINRA, or equivalent global bodies.
• Experience working in Agile and Waterfall project environments.

Preferred Qualifications:

• Experience with change programs triggered by T+1 settlement migration.
• Working knowledge of trade lifecycle management systems (e.g., Murex, Calypso, Broadridge).
• Professional certifications such as CBAP, PMP, or FINRA Series licenses.
• Bachelor’s or Master’s degree in Finance, Business, Technology, or a related field.
• Strong analytical and problem-solving skills
• Excellent stakeholder engagement and communication abilities
• Ability to work under pressure in a deadline-driven environment
• High attention to detail and documentation rigor

Seniority level

• Seniority level

  Associate

Employment type

• Employment type

  Full-time

Job function

• Job function

  Analyst

• Industries

  Investment Banking, Banking, and Technology, Information and Media

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