Business Analyst - FinCrime & Banking

N Consulting Ltd; United Kingdom; Hybrid; GBP 48,000; Full time

Job summary

A leading consultancy firm is seeking an experienced Business Analyst to work on financial crime initiatives. You will drive projects focused on AML and KYC while collaborating with various stakeholders. The ideal candidate has over 8 years in banking or financial services and strong analytical skills. This hybrid role requires excellent documentation and communication skills, as well as proficiency in tools like JIRA and MS Excel.

Benefits

Bonus & Benefits

Qualifications

• 8+ years of experience as a Business Analyst in the banking/financial services sector.
• Hands-on experience with FinCrime projects (AML, KYC, fraud detection).
• Strong understanding of banking operations and compliance frameworks.

Responsibilities

• Gather, document, and validate business requirements for FinCrime initiatives.
• Drive projects related to AML, KYC, and Fraud Prevention.
• Produce documentation including BRDs, FRDs, and process maps.

Skills

Domain knowledge in Financial Crime

Stakeholder engagement

Documentation skills

Data analysis

Tools

JIRA

Confluence

MS Visio

MS Excel

Job description

Job Title: Business Analyst - FinCrime & Banking
Location: Northampton, UK (Hybrid - 2 days onsite)
Type: Contract

Job Summary:
We are seeking an experienced Business Analyst (BA) with strong domain knowledge in Financial Crime (FinCrime) and Banking Operations. The ideal candidate will work closely with cross-functional teams, compliance units, and technology partners to support strategic initiatives around AML, KYC, fraud detection, transaction monitoring, and regulatory compliance within a banking environment.
Key Responsibilities:
Requirements Gathering & Analysis
Work with business stakeholders and compliance teams to gather, document, and validate business requirements for FinCrime initiatives.
Translate complex business needs into detailed functional and non-functional specifications.
Conduct gap analysis between current and target states.
FinCrime & Compliance Focus
Drive projects related to AML, KYC, Transaction Monitoring, Sanctions Screening, and Fraud Prevention.
Support regulatory change initiatives and ensure requirements align with FCA, PRA, and other relevant regulations.
Liaise with FinCrime SMEs to ensure accurate interpretation of compliance obligations.
Process & Data Analysis
Analyse existing banking and compliance processes, identifying areas for improvement and automation.
Support data analysis efforts to detect suspicious patterns and support rule development for transaction monitoring systems.
Stakeholder Management
Act as the bridge between business stakeholders, compliance teams, and IT delivery teams.
Engage with legal, risk, and audit departments to ensure project alignment and governance.
Documentation & Communication
Produce high-quality documentation including BRDs, FRDs, use cases, data flow diagrams, and process maps.
Facilitate workshops, walkthroughs, and requirement review sessions.
Technology & Delivery Support
Work alongside delivery teams on the design, testing, and implementation of FinCrime solutions.
Assist in system integration, UAT planning, and defect management.
Support data mapping and interface specifications for key systems (e.g., AML tools, case management systems, core banking systems).
Required Skills & Experience:
8+ years of experience as a Business Analyst in the banking/financial services sector.
Hands-on experience working on FinCrime projects (AML, KYC, fraud detection, transaction monitoring).
Strong understanding of banking operations, regulatory requirements, and compliance frameworks.
Proficient in tools such as JIRA, Confluence, MS Visio, and MS Excel.
Experience with data analysis, data mapping, and working knowledge of SQL is a plus.
Ability to translate regulatory and compliance requirements into practical technical specifications.
Excellent stakeholder engagement, documentation, and presentation skills.

• Albany, New York, United States of America, London, UK
• Circa £48,000 Dependent on Experience + Bonus & Benefits
• Albany, New York, United States of America, London, UK
• Circa £48,000 Dependent on Experience + Bonus & Benefits