Junior Business Analyst

BGC Group; Greater London; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a Business Analyst to support internal entity rationalisation initiatives. This role involves shaping target state operating models across various business functions, conducting gap analyses, and engaging with stakeholders to ensure effective implementation. The ideal candidate will have a strong background in financial services and a proven track record in change delivery. Join a dynamic team and contribute to strategic projects that enhance operational efficiency and drive success. If you're passionate about business analysis and thrive in a fast-paced environment, this opportunity is perfect for you.

Qualifications

• 3+ years of experience as a Business Analyst with successful change delivery.
• Experience in financial services, especially with interdealer brokers or investment banks.

Responsibilities

• Collaborate on internal entity rationalisation efforts and develop target state operating models.
• Support UAT testing cycle and assist with stakeholder engagement.

Skills

Business Analysis

Stakeholder Engagement

Gap Analysis

Project Management

Analytical Skills

Education

Bachelor's Degree

Tools

MS Excel

MS PowerPoint

MS Word

MS Visio

MS Project

Job description

Role Profile – Business Analyst (6 months rolling contract)

Entity Rationalization Project

Main Purpose of the Role:

As a Business Analyst in our team, you will support internal entity rationalisation initiatives and assist in shaping target state operating models across various business functions such as Finance, Tax, Operations, IT, and Compliance. You will help to define detailed analyses of target states and develop testing strategies to ensure effective and robust implementation.

Key Responsibilities:

• Collaborate with internal teams to assist with internal entity rationalisation efforts.
• Contribute to the definition and development of target state operating models across multiple business domains.
• Support the production of detailed target state analyses and assist in creating testing strategies for implementation.
• Engage in gap analysis, identifying areas for business process improvements, and documenting business requirements.
• Assist with stakeholder engagement, ensuring clear communication and elicitation of requirements.
• Contribute to the preparation and delivery of presentations and project artefacts for C-Level audiences.
• Support the UAT testing cycle by analyzing firm data, capturing evidence, and working with IT teams.
• Contribute to the planning and execution of projects, including risk and issue management.

Domain Knowledge & Experience:

• 3+ years of experience as a Business Analyst, with evidence of successful change delivery.
• Experience in a financial services environment, such as an Interdealer Broker, Broker Dealer, or Investment Bank (Front Office and/or Middle Office).
• Knowledge of trade execution types (Matched Principal, Named Give-Up, Exchange Give-Up) and familiarity with Front Office and Middle Office processes (Order Management, Trade Capture, Trade Lifecycle).
• Experience with at least one asset class (IR, FI, Commodities, Equities); knowledge across multiple asset classes is a plus.
• Understanding of industry regulations (e.g., MiFID II, IFPR, SM&CR) and familiarity with regulatory implementation

Business Analysis Skills:

• Experience in conducting gap analysis and mapping business processes to regulations and recommendations.
• Ability to support business process design, re-engineering, and documentation (e.g., BPMN).
• Skilled in stakeholder elicitation and gathering business requirements (e.g., BRD, FRD).
• Knowledge of regulatory frameworks and the ability to interpret them.
• Proficient in creating clear and concise project artefacts, including presentation decks for senior management.
• Analytical skills to interpret large datasets and present trends for varying levels of stakeholders.
• Familiarity with structured analysis techniques (e.g., Use Cases, UML, Decision Tables).

Project Management:

• Familiarity with Agile frameworks and the Software Development Life Cycle.
• Support project planning, forecasting, and risk management (i.e., RAID).
• Ability to assist with managing project governance activities such as scrums, steering committees, and management committees.

Technical Skills:

• Proficient in MS Excel (advanced formulae, pivot tables).
• Proficient in MS PowerPoint, MS Word, MS Visio, and MS Project.

Personal Attributes:

• Strong relationship-building skills and the ability to work effectively with diverse teams.
• Able to work under pressure and meet deadlines.
• Strong communication and presentation skills.
• Analytical mindset with a focus on results and efficient task completion.

If you have the drive to support strategic projects and contribute to the success of our internal operations, we encourage you to apply for this exciting opportunity.