Senior Business Analyst

The Bank of England, in partnership with Inspire People are seeking a high-calibre Business Analyst with strong experience delivering technical and software development projects, alongside a proven track record in large-scale system and data migration programmes within financial or regulatory environments, who want to deliver high-impact digital change at the heart of the UK's financial system. Hybrid working in Leeds. £49,360-£55,530 plus 8% benefits allowance, 10-25% discretionary bonus and non-contributory pension. 21 Month FTC.

As a Senior Business Analyst, you must be able to hit the ground running, proficient in business analysis (requirements elicitation, analysis & management, process mapping, data mapping etc.) with strong stakeholder relationship management / soft skills.

Role Overview:

Business Analysts enable the Bank to meet its objectives by working on technology change initiatives. As part of cross functional teams and working closely with our business colleagues, BAs elicit, analyse, validate and manage and create a shared understanding of requirements to enable successful implementation of our change initiatives.

You will join the Monetary Policy and Financial Stability Tower, which supports technology and data platforms used to deliver the Bank's core policy and financial stability functions. The team works on complex data and platform change initiatives that help ensure the Bank can analyse, manage and respond to financial system risks effectively.

As a Business Analyst within the Bank, typical role responsibilities include:

• Requirements gathering and process engineering analysis to provide detailed analysis to ensure appropriate solutions are identified and designed to deliver the right business outcomes.
• Producing outputs at different levels (high level to functional specifications) to a high quality within the standards set by the BA management team.
• Providing both functional and technical expertise to the Technology teams in producing detailed requirements documentation (e.g., detailed process maps, use case specifications, wireframes, logical data models), facilitating workshops with the business utilising a variety of business analysis methods.

About You

You will be someone with strong Business Analysis experience and a particular interest in data and platform-focused change. You should be comfortable working on complex programmes, collaborating with architects, engineers and stakeholders to understand existing systems and define requirements that support data and platform migration.

You will bring strong analytical skills and be confident documenting data flows, requirements and impacts to support delivery. Experience working on data migration, platform modernisation or cloud-based initiatives would be beneficial.

Essential Criteria

We are interested in hearing from candidates who have the following capabilities:

• Proven track record delivering complex change initiatives as a Business Analyst, ideally within financial or regulated environments.
• Strong end-to-end Business Analysis capability across the full SDLC, with experience in both Agile and Waterfall methodologies.
• Expertise in eliciting, analysing, communicating and documenting business and solution requirements using a range of BA techniques (e.g. wireframes, use cases, data models).
• Experience in process modelling using BPMN 2.0.
• Excellent stakeholder management and facilitation skills, able to engage large and diverse groups and manage uncertainty effectively.

Desirable Criteria

• Experience supporting data or platform migration programmes, particularly from on-premise to cloud environments.
• Exposure to cloud platforms such as Azure and modern data technologies (e.g. Databricks).
• Experience working with large or complex enterprise datasets.
• Familiarity with data analysis techniques such as data mapping and source-to-target mapping.
• Operating at SFIA level 4.
• Degree-level education and/or recognised Business Analysis qualification (e.g. BCS, IIBA).

Benefits

In addition to the base salary of £49,360 - £55,530, you can expect a planned, transparent progression with learning and development tailored to your role, and a culture encouraging inclusion and diversity, plus the following benefits:

• A non-contributory, career average pension giving you a guaranteed retirement benefit of 1/95th of your annual salary for every year worked. There is the option to increase your pension (to 1/50th) or decrease (to 1/120th) in exchange for salary through our flexible benefits programme each year.
• An annual discretionary performance award based on a current award pool (10%-25%).
• An 8% benefits allowance with the option to take as salary or purchase a wide range of flexible benefits.
• 25 days annual leave with option to buy up to 13 additional days through flexible benefits.
• Private medical insurance and income protection.
• Dental cover.
• Interest-free season ticket loan.

The Bank takes pride in its people, with backgrounds and experiences as diverse as the solutions they provide. You'll enjoy flexible working opportunities, a strong sense of community and well-being, and a collective mission to promote the good of the people of the UK. All of which add up to make the Bank a hugely rewarding place to work.

For more information, please contact Andrew Medhurst or Zymante Gintalaite (Zee) at Inspire People, who are engaged on an exclusive basis by the Bank of England, or apply now.