Business Analyst - VP

Business Analyst - VP - Fixed Income

Mid Tier Bank - City

£550 - 850 a day

My client, a great mid-tier bank, is looking to employ a BA who has good knowledge of the front-to-back processing of Sales and Trading business and a good understanding of Bonds and Repo's.

Job Purpose

• During the planning phase this role will be performing the analysis required to document the changes required to support the mandatory clearing of UST’s.
• This role will create and document detailed requirements and deliverables such as, preparing and updating a Target Operating Model (TOM), preparing and updating Business Requirement Documents (BRD), documentation of required Policies, Procedures and Manuals (PPM)
• Furthermore, working on business analysis, outlining problems, opportunities and solutions within the strategy-based project. Follow up and mitigation is also essential.
• Bridges the gap between IT and the business using data to assess processes, determine requirements and deliver data-driven recommendations and reports to executives and stakeholders.
• This role must communicate within a multi-disciplinary team, gain consensus for the best solution and implement the required changes within the required timeframe, budget and quality parameters. The individual will ensure that the business case, plans and control processes have sufficient detail and have evaluated the potential impact of the changes made, including a traceability matrix (if relevant), and will involve the appropriate staff or teams during the QA, testing and delivery of changes, including helping to resolve any issues.

Responsibilities

• Work with SME/s and end users to understand and document the practical implications for all associated systems and processes.
• Identify and document the processes, system changes and timescales required to introduce changes and ensure the correct governance of the change process
• Work closely with the SME/s to appraise senior stakeholders (likely to include MD and above level stakeholders) of the potential impact of change on the service, function or system/s highlighting the options, impact and potential links between required changes on the existing infrastructure so that well informed decisions can be made
• Detail the appropriate business requirements and regulatory technical specification to support any changes or new requirements
• Compose and draft required written framework alongside the project evolution
• Interface with colleagues from IT to provide Business Requirements and respond to any functional requirements questions
• Support and involve the appropriate staff and teams in the QA, testing and delivery of changes, including helping to resolve any issues.

Needs

• An understanding of clearing Bonds and Repos.
• Profound knowledge of front to back processing of Sales and Trading business a plus
• Technical expertise required to analyse impact of change on the bank’s processes and system infrastructure, however this is a business role not an IT based BA role
• Understand and negotiate between the needs and expectations of multiple stakeholders