Senior Lending Technology Business Analyst

ABeam Consulting UK Branch; Greater London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading consulting firm is seeking a Senior Lending Technology Business Analyst to lead the integration of Loan IQ systems. The ideal candidate will have extensive experience in commercial banking operations and IT business analysis, ensuring successful delivery of integration components. This role requires excellent stakeholder management skills and a deep understanding of software development lifecycles. Join a dynamic team to drive critical projects in the banking sector.

Qualifications

• 8-10 years of experience in IT business analysis and systems integration.
• Strong understanding of banking products and regulatory environments.
• Experience with Loan IQ and lending platforms.

Responsibilities

• Lead the IT integration work stream of Loan IQ implementation.
• Engage with stakeholders across headquarters and the US.
• Provide regular project status updates to stakeholders.

Skills

Stakeholder Management

Business Process Modelling

Analytical Skills

Problem Solving

Communication

Education

Certified Business Analysis Professional (CBAP)

Tools

REST API

BPMN

UML

Job description

Senior Lending Technology Business Analyst

Senior Lending Technology Business Analyst

We are seeking an experienced IT Business Analyst (end to end) to lead the replacement of legacy lending systems with Loan IQ, a corporate lending processing suite of Finastra. The ideal candidate will have a strong background in Commercial Banking operations, particularly with regards to Loans as a product, and extensive experience in leading IT business analysis with focus on definition of the target process, the target state of systems integration, and their SIT strategy within complex global environments. The role requires effective stakeholder management across London and the US, and a deep understanding of software development lifecycles, strong business process modelling skills, and knowledge about integration technology. The successful candidate will be responsible for ensuring the successful delivery of the IT integration component of this critical project, working with the PM, the architects, other CTB and RTB IT development teams, and key business stakeholders.

About the Role

The role involves leading the IT integration work stream of Loan IQ implementation with various upstream and downstream systems, engaging with stakeholders, providing project status updates, collaborating with cross-functional teams, and facilitating workshops and meetings.

Responsibilities

• Workstream Leadership: Lead the IT integration work stream of Loan IQ with various upstream and downstream systems.
• Stakeholder Management: Engage with stakeholders across headquarters, US, and within the European context to ensure clear communication, alignment and support for the project.
• Reporting: Provide regular project status updates to stakeholders and the PM.
• Team Collaboration: Work closely with cross-functional teams, including IT, Business units, to ensure the successful delivery.
• Workshops and Meetings: Lead and facilitate workshops, meetings, and reviews with key stakeholders from both business and IT to gather requirements, ensure alignment, and address any concerns or issues.
• Target Business Processes for Upstream / Downstream Systems Integration: Establish and document target business processes, delineating boundaries among inputs / outputs, systems, data flows, and inter-connections. This includes but is not limited to:
• Syndicated Loans
• Loan Agent Services
• Secondary Loan Trading
• Treasury and Funding
• Regulatory Reporting
• Finance and GL
• Assistance for Development Team: Support design for each integration feature and document the high-level interface design, ensuring alignment with business objectives and technical specifications. This includes but is not limited to:
• Counterparty data feeds into Loan IQ and other systems
• Setup and distribution of static data and market data to Loan IQ and related systems
• Intraday and end-of-day feeds of transactional and payments data into and from Loan IQ
• Credit line management, interactions and data feeds into core banking systems
• Accounting posting publications to local subledger system and GL system
• SIT Strategy: Contribute to high-level strategy for system integration testing (SIT), including non-functional requirement testing, which will lead to detailed SIT plan later owned by the test manager to ensure comprehensive coverage and validation.

Qualifications

• Minimum of 8-10 years of experience in IT business analysis and systems integration landscape, with a proven track record of delivering large-scale projects within complex, multinational organizations (Essential)
• In-depth understanding of the software development process and overall project life cycle (Essential)
• In-depth knowledge and work experience of banking product and finance, and a strong understanding of the regulatory environment in the banking sector (Essential)
• Demonstrated ability to effectively manage and control the workstream, ensuring it meets project requirements and timelines (Essential)
• Strong understanding of the software development lifecycle and experience overseeing key stages from requirements gathering to development (Essential)
• Excellent verbal and written communication skills, with the ability to present complex information clearly and effectively to diverse audiences (Essential)
• Strong analytical and problem-solving skills with proactive approach to identifying issues and implementing solutions (Essential)
• Ability to understand business user requirements (Essential)
• Excellent business acumen and client facing skills (Essential)
• Ability to work to tight timescales, be commercially aware, and work well within a team structure (Essential)
• Technically and architecturally aware (Essential)
• Knowledge of corporate banking systems (Essential)
• Strong knowledge and experience of lending business, products and processes from a lender's perspective and as a loan servicing agent (Essential)
• Experience with loan and lending platforms, particularly Loan IQ (Essential)
• Strong comprehensive business process modeling skills covering in-house upstream and downstream systems (Essential)
• Proficiency in integration architecture and business process documentation (e.g. BPMN, UML) (Essential)
• Knowledge and experience with REST API, enterprise service bus, protocol (e.g. HTTPS, SFTP), message formats (e.g. XML, JSON), business objects modeling, and business rules definition (Essential)
• Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities simultaneously (Desirable)
• Ability to quickly react to situations whilst maintaining a high quality of work (Desirable)
• Certified Business Analysis Professional (CBAP) or equivalent (Desirable)

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Contract

Job function

• Job function

  Project Management, Information Technology, and Product Management

• Industries

  Banking and IT Services and IT Consulting

Referrals increase your chances of interviewing at ABeam Consulting UK Branch by 2x

Get notified about new Business Analyst jobs in London Area, United Kingdom.

London, England, United Kingdom 2 weeks ago

Business Operations | Analyst/Associate | London

London, England, United Kingdom 5 days ago

London, England, United Kingdom 2 weeks ago

Graduate Business Modelling Analyst - London - Up to £40,000 + amazing bonus/benefits package

Graduate Business Modelling Analyst - London - Up to £40,000 + amazing bonus/benefits package

London, England, United Kingdom 1 month ago

Erith, England, United Kingdom 3 weeks ago

London, England, United Kingdom 2 days ago

London, England, United Kingdom 2 weeks ago

Greater London, England, United Kingdom 1 week ago

Business Operations Analyst – Shared Operations

London, England, United Kingdom 1 day ago

London, England, United Kingdom 1 week ago

London, England, United Kingdom 1 week ago

London, England, United Kingdom 2 months ago

City Of London, England, United Kingdom 5 days ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.