Business Analyst - Banking & Payments

Lorien; Greater London; Hybrid; GBP 55,000 - 75,000; Full time

Job summary

A recruitment agency in the UK is seeking a skilled Business Analyst specialized in Banking and Payments for a Hybrid role in London. Ideal candidates will have experience with SWIFT messaging, ISO 20022, and strong analytical skills. The position involves capturing requirements, process improvement, and stakeholder engagement, making it essential for candidates to have strong communication abilities. This 6-month contract may be extended, requiring SC Clearance.

Qualifications

• Proven experience in Business Analysis within the Banking and Payments sector.
• Strong understanding of finance sector regulatory and operational frameworks.
• Experience with process modeling tools and methodologies.

Responsibilities

• Capture and document business requirements aligning with project goals.
• Model current and future state processes to identify efficiency opportunities.
• Build strong relationships across business units and facilitate workshops.

Skills

Business Analysis

Banking and Payments

SWIFT messaging standards

ISO 20022

BPMN techniques

Stakeholder management

Analytical skills

Microsoft Office Suite

Tools

Visio

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!

Guidant, Carbon60, Lorien & SRG - The Impellam Group Portfolio are acting as an Employment Business in relation to this vacancy.