Business Analyst - Banking & Payments

Lorien; City Of London; Hybrid; GBP 45,000 - 65,000; Full time

Job summary

A leading recruitment agency is seeking an experienced Business Analyst for a role in the Banking and Payments sector. This hybrid position requires proven expertise in financial sector regulations, SWIFT messaging standards, and process optimization. The ideal candidate will engage stakeholders, gather requirements, and model processes to support strategic initiatives. If you possess SC Clearance and are interested in driving impactful change, apply now with your CV.

Qualifications

• Proven experience in Business Analysis within Banking and Payments.
• Strong understanding of the finance sector, including regulatory and operational frameworks.
• Excellent communication, analytical, and stakeholder management skills.

Responsibilities

• Capture and document business requirements aligned to project goals.
• Model current and future state processes using BPMN.
• Build strong relationships across business units and facilitate workshops.
• Assist in test planning, defect management, and validating solutions.
• Contribute to change impact assessments and training materials.

Skills

Business Analysis

Understanding of Banking and Payments

SWIFT Messaging Standards

ISO 20022

Process Modelling

Stakeholder Management

Tools

Visio

Microsoft Office Suite

BPMN Techniques

JIRA

Confluence

SharePoint

Job description

Business Analyst - Banking & Payments

London Hybrid

6 months with likely extension

Inside IR35 via Umbrella

SC Cleared role

We are seeking a highly skilled Business Analyst with proven expertise in the Banking and Payments domain. This role requires deep understanding of the financial sector, including regulatory frameworks and operational processes. Ideal candidates will bring strong knowledge of SWIFT messaging standards, ISO 20022, and business process optimisation, supporting strategic initiatives and delivering impactful change across complex financial environments.

Key Responsibilities

• Requirements Gathering & Analysis:
  Capture and document business requirements aligned to project goals. Collaborate with stakeholders to define functional and non-functional needs.
• Process Mapping & Improvement:
  Model current and future state processes using BPMN. Identify opportunities for efficiency, cost savings, and automation.
• Stakeholder Engagement:
  Build strong relationships across business units, facilitating workshops and ensuring alignment between business and technical teams.
• Testing & Delivery Support:
  Assist in test planning, defect management, and validating solutions against business needs.
• Change & Transition Support:
  Contribute to change impact assessments, training materials, and smooth implementation of new processes or systems.

Key Skills & Requirements

• Proven experience in Business Analysis within Banking and Payments.
• Strong understanding of the finance sector, including regulatory and operational frameworks.
• Knowledge of SWIFT messaging standards and ISO 20022.
• Proficient in process modelling tools (e.g., Visio), Microsoft Office Suite, and BPMN techniques.
• Familiarity with project delivery methodologies (Agile, Waterfall).
• Excellent communication, analytical, and stakeholder management skills.
• Experience with tools like JIRA, Confluence, and SharePoint is a plus.
• Holds valid SC Clearance

If this role is of interest to you, please apply with an updated CV now!