Business Analyst - Assistant Vice President - Fixed Term Contract

Sumitomo Group; Greater London; On-site; GBP 70,000 - 100,000; Full time

Benefits offered by this job

Hybrid working

Paid leave

Private medical insurance

Life and disability insurance

Mental wellbeing support

Learning and development opportunities

Job summary

SMBC Group is seeking a Business Analyst (Assistant Vice President) for a fixed-term contract in London. You will translate regulatory requirements into practical business requirements, map operating models, and support governance and testing across complex projects.

The role involves coordinating with SMEs, documenting business requirements, and ensuring traceability and QA/testing within a multi-disciplinary team in a fast-paced financial services environment.

Qualifications

• 3–5 years of BA experience.
• Knowledge of front-to-back office processes and products.
• Proven experience delivering projects in financial services, including regulatory change.
• Understanding of banking operations and trade flows.

Responsibilities

• Engage with stakeholders to understand current processes and change needs.
• Produce BA documentation (target operating models, business requirements, test scripts).
• Track and analyse regulatory updates and document implications for systems and processes.

Skills

Communication skills

Relationship-building

Multitasking

Regulatory change knowledge

Job description

Business Analyst - Assistant Vice President - Fixed Term Contract

27 Oct 2026

London, LND, GB, EC2M 2AT

Who we are

United by a sense of purpose towards our customers – to be a trusted partner for the long-term – and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future.

Purpose of Job

• The Business Analyst (BA) is responsible for understanding and assessing changing business needs, analysing impacts, documenting requirements, and facilitating communication between stakeholders.
• The BA will identify impacts on the target operating model, providing solutions to mitigate risks.
• The role involves supporting business case development, planning, control processes, impact evaluation, traceability, and QA/testing.
• For regulatory projects, the BA ensures compliance by translating EMEA regulatory requirements into actionable business requirements.

Background

• TCMG provides the SMBC enterprise professional project, programme and portfolio management resource and expertise to the organisation. It was established as a centralized business function operating at a strategic level to provide enterprise-wide oversight and management of change.
• TCMG is also a resource centre/ centre of excellence. It is comprised of professionally qualified project, programme and change managers and business analysts. These are divided into multi-disciplinary teams with reporting line to a Team Lead.
• While working on projects or programmes individual staff retain their report line but for the purposes of the project have a dotted line to the Project or Programme manager and/or Sponsor. The teams handle the bank’s most complex programmes and projects that require strong regional or global co-ordination, are often regulatory deadline driven or key for business strategy, require close cooperation with multiple departments, offices and other regions and have significant budgets.

Facts / Scale

• TCMG manage flexible pool of professionally qualified project, programme and change managers, business analysts and project analysts. This number changes depending on the requirements of different programmes and projects.
• BAs work on complex projects and programmes across EMEA.

Accountabilities and Responsibilities

• Engage with internal/external stakeholders to understand current processes, identify change needs, and recommend optimal approaches.
• Produce BA documentation (e.g., target operating models, process models, business requirements, test scripts) to support solution development and implementation.
• For regulatory projects, track and analyse EMEA regulatory updates, working with SMEs to document practical implications for systems and processes.
• Identify and document operating model changes, timelines, and governance requirements.
• Assess impacts of change on services, functions, and systems; highlight options and dependencies for informed decision-making.
• Communicate clearly within multi-disciplinary teams, gain consensus, and implement solutions within time, budget, and quality constraints.
• Articulate benefits of changes to stakeholders and address concerns.
• Support QA/testing and assist in issue resolution.
• Create plans and processes to evaluate change impacts and maintain audit-ready documentation

Knowledge, Skills, Experience and Qualifications

• 3–5 years of relevant BA experience.
• Strong multitasking, relationship-building, and communication skills.
• Knowledge of front-to-back office processes and products.
• Proven experience delivering projects in financial services, including regulatory change.
• Understanding of banking operations and trade flows.
• Ability to work collaboratively, resolve conflicts, and take initiative while supporting project leadership.
• Resilient under pressure; flexible in shifting between strategic and detailed tasks.
• Skilled in gap analysis, target operating models, process modeling, business requirements, and test scripts.
• Ability to analyse regulatory/business requirements and translate them into practical implications for processes and systems.

What we offer

For all the expertise and experience you bring to help us make a difference, it’s only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well-bring and work-life balance. We also believe in fostering a diverse and inclusive work environment, where all team members perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks.

As an employee of SMBC you have access to a host of both useful and exciting benefit offerings. See below some of the benefits on offer to you:

• Hybrid and flexible working
• Competitive paid leave days
• Benefits to support your physical wellbeing, including private medical insurance and life and invalidity insurance
• Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services
• Access a wide range of learning and development opportunities and career progression opportunities

About SMBC

A trusted partner for the long term
United by a sense of purpose towards our customers - to be a trusted partner for the long-term - and our universal banking platform in EMEA, we deliver a full suite of corporate finance products and solutions to our customers, including corporate, structured and trade finance, leveraged finance, loan market and treasury products. We can also provide investment banking and advisory services and a range of innovative solutions in global capital markets.
Find out more about what we do and who we are at https://www.smbcgroup.com/emea/careers