Business Analyst - Banking

Luxoft; London; On-site; GBP 60,000 - 75,000; Full time

Job summary

A leading financial services firm in London is seeking a Business Analyst specializing in Fund Management. The role involves understanding business requirements and translating them into technical solutions while collaborating with stakeholders to ensure compliance with regulations. Ideal candidates will have 5 to 8 years of experience in business analysis, a solid understanding of banking products, and strong analytical skills. This is an essential role for ensuring effective project delivery and stakeholder communication.

Qualifications

• 5 to 8 years of functional experience in business analysis.
• Good understanding of banking products like loans and derivatives.
• Strong knowledge of databases, particularly SQL.
• Experience with data visualization techniques.

Responsibilities

• Act as a business solution owner for projects and support BRD preparation.
• Document detailed requirements and ensure stakeholder sign-off.
• Ensure compliance with internal procedures and regulatory guidelines.
• Coordinate testing and validate test results with stakeholders.
• Analyze and fix data quality issues and validate data extracts.

Skills

Banking products knowledge

Strong analytical skills

Stakeholder management skills

Data visualization techniques

Communication skills

Experience with databases (SQL)

Experience in agile methodologies

Experience in waterfall methodologies

Job description

Project description

As a Business Analyst specializing in Fund Management, you will play a key role in understanding and translating business requirements into technical solutions. Working closely with stakeholders, you will analyze and document business processes related to hedge accounting, identify areas for improvement, and collaborate with cross-functional teams to implement effective solutions. The successful candidate will bring a combination of business acumen, analytical skills, and a deep understanding of commercial lending practices.

Responsibilities

• To act as a business solution owner of the projects' target state and support analysis included in relevant concept and methodology papers required for preparation of BRDs
• To be accountable for ensuring that detailed requirements are documented in BRDs, and are duly signed off by relevant stakeholders
• To ensure that the new solutions comply with internal procedures / external regulatory guidelines and project deliverables are properly understood by business stakeholders, project team, and end-users.
• Analysis of new data sourcing to support ETL design and development
• Analysis and fixing of data quality issues
• Validate all downstream data extracts
• To validate that the strategic system architecture proposed by Technology is fit for its business purpose and is in line with the agreed business target state
• To drive prioritization taking into consideration business benefits, delivery timelines, system performance etc.
• To centrally coordinate system interfaces/dependencies/change releases for the Treasury and Liquidity Reporting work streams and ensure alignment across all centres
• Test planning, coordinate testing, validate test results and obtain sign off from stakeholders
• To support the development of testing packs with predefined results sets
• To review test cases ensuring completeness of UAT coverage
• To monitor any gaps / defects identified, and work with Technology counterparts to track progress and ensure resolution

Must have

• 5 to 8 years of functional experience in business analysis area.
• Good understanding of banking products (Loans, deposits, derivatives, etc.)
• Knowledge of Banking sector internal cost calculation and pricing mechanism.
• Strong knowledge of and experience with databases (SQL, etc)
• Strong analytical skills with the ability to collect, organize, analyse, and disseminate significant amounts of information with attention to detail and accuracy
• Experience with both waterfall & agile methodologies
• Experience in analysing data to draw business-relevant conclusions and in data visualization techniques and tools
• Strong communication and stakeholder management skills

Nice to have

• Excellent Communication Skills