Business Analyst - Investment Banking - Payment Systems

ZipRecruiter; London; Hybrid; GBP 150,000 - 200,000; Full time

Job summary

A leading company in the financial sector is seeking a proactive Business Analyst with a strong background in payment systems and regulatory initiatives. This role requires close collaboration with stakeholders to define and implement effective solutions in a hybrid work environment. Candidates should have excellent communication skills and a solid understanding of banking processes.

Qualifications

• Strong understanding of software development and project lifecycle.
• Proven ability to translate business user requirements.
• Experience with domestic and international payment schemes.

Responsibilities

• Elicit, analyze, and document business requirements.
• Collaborate with delivery teams throughout the software development lifecycle.
• Manage small project deliverables including planning and reporting.

Skills

Analytical skills

Communication

Client-facing skills

Payment systems integration

Conceptual thinking

Tools

SQL

Azure DevOps

JIRA

Confluence

Job description

Job Description

Business Analyst - Investment Banking - Payment Systems

• £700 PD - Inside IR35
• 6 months
• Hybrid x3 days onsite

Overview

We are seeking an organised and proactive Business Analyst with strong knowledge of payments processes and systems. This role supports a growing portfolio of regulatory and strategic initiatives by defining and implementing effective business and information system solutions. The successful candidate will work closely with stakeholders to identify and document business requirements, and support delivery teams throughout the software development lifecycle to ensure successful outcomes.

Role and Responsibilities

• Elicit, analyse, and document business requirements for new and existing software applications
• Collaborate with delivery teams throughout the software development lifecycle
• Ensure adherence to internal Business Analysis standards and delivery targets
• Manage small project deliverables including planning, coordination, monitoring, and reporting
• Provide written progress updates to the Business Analysis Team Leader on a weekly basis
• Support and occasionally deputise for the Business Analysis Team Leader

Essential Skills and Experience

• Strong understanding of the software development process and full project lifecycle
• Proven ability to capture and translate business user requirements
• Excellent communication and client-facing skills
• Conceptual thinker capable of presenting complex topics to technical and non-technical audiences
• Strong analytical skills with the ability to support major business change
• Confident, dynamic, and persuasive with the ability to influence stakeholders
• Capable of delivering to tight deadlines while maintaining high-quality output
• Experience with payment systems integration
• In-depth knowledge of banking systems
• Familiarity with domestic and international payment schemes (e.g. BACS, CHAPS, SEPA CT, SDD, Instant, SWIFT, CBPR+)
• Proficient in payment messaging formats including SWIFT FIN MT, XML ISO20022 (pain, pacs, camt), and BACS Standard 18

Desirable Skills and Experience

• Working knowledge of SQL, XML, XSD, MQ, API, Postman, ETL
• Experience with OPF systems
• Knowledge of financial products such as Loans, Money Market, Trade Finance, Derivatives, and FX
• Familiarity with Agile/Scrum methodologies
• Experience using tools like Azure DevOps, JIRA, and Confluence
• Ability to adapt quickly while maintaining high standards under pressure