Business Analyst

We are hiring for Business Analyst for our client's project based at London, UK – 3 days per week Onsite Role Description: About Wholesale Lending Transaction Cycle • This transaction cycle supports the transformation of the Wholesale Lending business which covers Syndicated Lending, Portfolio Management and Corporate Lending. The core business aim is to maximize ROE through increased revenue, reduction in RWA, and reductions in cost. The current state infrastructure has an over reliance on legacy platforms, high levels of remediation costs and lacks automation and straight through processing. • We aim to consolidate and upgrade existing infrastructure to eliminate remediation efforts, support risk weighted assets (RWA) reduction strategies by improving data quality and MIS for decision making, decommission 70% of applications, and provide a consistent end to end processing platform for the business. This will improve client experience through a simplified customer journey, self service capabilities and will reduce cycle times and cost to serve. About Wholesale Lending Technology • Wholesale Lending Technology is a global technology organization that face off to front, middle and back office responsible for the development and support of loan origination, capture and servicing applications. The skill sets include developers, business analysts, project managers and application management resources across the globe, and is organized into business and function aligned teams. The team highly values both business and product knowledge along with technological expertise. Our franchise is a true partnership with Trading, Sales, Middle Office, Operations, Product Control Finance and Risk– and our clients. • Dynamic working gives everyone at Our Client the opportunity to integrate professional and personal lives, if you have a need for flexibility then please discuss this with the hiring manager. • We are an equal opportunity employer and we are opposed to discrimination on any grounds. • Overall purpose of role • Work with the various stakeholders, other IT teams and business subject matter experts to understand the target operating model and business requirements. Work with the business analysts in the front to back teams to define an end to end architecture that then translates to delivery projects. Thereafter write the functional specifications for the delivery phases, helping the project manager to identify and resolve any potential dependencies, risks and issues. Key Accountabilities • Interact with Business and development teams globally to develop solutions for the application. • Provide support to IT and business colleagues throughout project test phases: prepare test environments; co-ordinate test batches; liaise with upstream and downstream application teams; investigate and work with developer to resolve defects that may be raised. • Contribute towards planning of implementation activities, including data migration where appropriate. • Provide input to the implementation plans to ensure efficient and successful implementation. • Escalate risks and issues to the Project Lead throughout the project lifecycle. Decision-making and Problem Solving • The candidate will be expected to build or extend solutions that provide end users with systems to manage and automate their business processes. Strong problem-solving and analytical skills are required. The role is not “coding to a spec”, but rather understanding high-level business requirements and working as a team (with guidance) to craft solutions to meet those business needs. Each member of the team is expected to contribute to the solution, not merely follow direction. • Collaboration and attention to detail are critical. The supported products are complex and so are the frameworks and messages to support it. Team members must be comfortable working within that complexity and weighing options for an optimal, yet pragmatic solution. In addition, the successful candidate will be expected to work closely with test engineers and business partners and developers to: • Facilitate active contributions towards more effective solutions within the team. • Assist more junior members of the team in growing their knowledge and expertise of ACBS. • Team player – able to collaborate easily with colleagues, peers and managers. • Good communication (both written and verbal) – essential to deliver clear documentation. • Influencing skills – capable of providing direction and guidance to teams to better achieve goals. Risk and Control Objective Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Our Client Policies and Policy Standards. Person Specification Essential Skills/Basic Qualifications: • Bachelor’s degree in computer science or related major. • Strong analysis skills • Experience with the ACBS application • Corporate or investment Wholesale Lending banking knowledge, particularly back office operations, preferred. • Ability to work in a matrix managed environment and a proven record of delivery in a collaborative environment. • Strong collaborative skills and experience working across departmental and geographical boundaries. • Proficiency with MS Office applications. Desirable skills/Preferred Qualifications: • Experience working within an Agile development environment is strongly preferred. • A good understanding of XML and MQ messaging.