We are looking for a Management Consultant Business Analyst with 2–6 years' experience to support complex risk, resilience, governance, and transformation initiatives within large financial services organisations.
This role is ideal for someone who combines strong business analysis capability with an interest in operational risk, third-party risk management, controls, process improvement, and emerging technologies. You will work alongside business, risk, operations, and technology teams to help shape and deliver strategic change programmes that strengthen risk management frameworks and improve operational resilience.
Key Responsibilities
- Lead requirements gathering activities through workshops, interviews, and stakeholder engagement sessions.
- Document functional and non-functional requirements, user stories, process maps, and business cases.
- Analyse current ("As-Is") business processes and design future-state ("To-Be") solutions.
- Conduct gap analysis to identify improvement opportunities, risks, and control enhancements.
- Ensure requirements are traceable through design, development, testing, and implementation.
- Support the review, development, and implementation of risk management frameworks, policies, standards, and procedures.
- Assist in defining and embedding risk metrics and performance measures.
- Assess existing controls and identify opportunities to strengthen governance and risk management processes.
- Ensure solutions align with regulatory requirements and internal governance standards.
- Third-Party Risk & Resilience Programmes
- Support strategic risk and resilience initiatives, including supplier and third-party risk management transformations.
- Contribute to the enhancement of third-party management frameworks, policies, standards, and controls.
- Help drive consistency in how risk processes are implemented and adopted across business functions.
- Support the delivery of operational resilience and business risk initiatives.
Digital, Data & AI-Enabled Transformation
- Work closely with technology, data, and development teams to deliver innovative risk solutions.
- Translate business requirements into clear technical specifications.
- Support the development of AI-enabled tools that improve access to policies, procedures, and risk guidance.
- Drive improvements in user experience and business adoption through technology-enabled solutions.
- Stakeholder Management & Change Delivery
- Build strong relationships across business, risk, operations, compliance, and technology functions.
- Facilitate workshops and working groups to define requirements and validate solutions.
- Support project and programme delivery activities across Agile, Waterfall, or hybrid environments.
- Communicate progress, risks, issues, and recommendations to stakeholders at all levels.
Skills & Experience
- 2–6 years' experience as a Management Consultant in a Business Analysis role.
- Experience working within financial services, consulting, risk, regulatory, or transformation environments.
- Strong requirements elicitation, documentation, and stakeholder management skills.
- Experience with process mapping, process redesign, and gap analysis.
- Excellent analytical and problem-solving capabilities.
- Ability to translate complex business problems into practical solutions.
- Strong written and verbal communication skills.
- Exposure to Operational Risk, Third-Party Risk Management (TPRM), Resilience, Controls, or Governance programmes.
- Experience developing or reviewing policies, procedures, and standards.
- Experience supporting AI, automation, data, or digital transformation initiatives.
- Familiarity with Jira, Confluence, Visio, Power BI, SQL, or similar tools.
- Understanding of Agile delivery methodologies.
We're interested in individuals who are:
- Naturally curious and analytical.
- Comfortable working with both business and technical stakeholders.
- Passionate about solving complex business problems.
- Proactive, collaborative, and delivery-focused.
- Interested in the intersection of risk management, business transformation, and emerging technology.
- Looking to take the next step in their consulting or business analysis career.
Example Project Exposure
Successful candidates may have the opportunity to support:
- Third-party risk and supplier oversight transformation programmes.
- Development of risk management policies, standards, procedures, and metrics.
- Operational resilience and governance initiatives.
- AI-enabled solutions designed to improve access to risk and compliance guidance.
- Business process optimisation and change delivery across complex financial services organisations.
This role offers an excellent opportunity to combine business analysis expertise with risk transformation, governance, operational resilience, and digital innovation in a fast-paced consulting environment.
NFR Business Analyst
London
Jul 17, 2026