Business Analyst with Deposit Ledger Management System - London, UK at N Consulting Ltd

Hello,
This is Valerine , a Senior Recruiter at N- Consulting/Natabotics , and one of our clients is looking for BA with  Deposit / Ledger Management  System Exp for a full time contract/ contract opportunity in London, UK.
If interested and available call +447925300241 or send your updated CV to Valerine@n-cons.co.uk

Below are the job details
Title: Business Analyst
Location: London, UK
Mode of work: Hybrid( 2 or 3 days from office)
Duration: Full time/Contract

Duties and Responsibilities

• Requirements Gathering: Engage with business stakeholders to gather detailed requirement for each specific domain (Finance, Deposit, Banking Ops and Market Ops)

• Business Process Analysis: Analyze current business processes in collaboration with stakeholders, identifying areas for implementing and defining future state processes that align with the project objectives and global architecture.

• Documentation: Create detailed documentation, including business requirements, use cases, process flows, and functional specifications, ensuring that all aspects of the project are well defined.

• Stakeholder Engagement: Maintatin close communication with global and

• Project Leadership : Lead the Deposit and GL Management System Replacement feasibility study, ensuring alignment with the overall MIT BIT program’s goals and timelines.

• Vendor and System Selection: Facilitate to oversee the selection of the Deposit system, including evaluating Finastra Fusion Midas and Oracle Flexcube as potential solutions, and collaborate with Head Office team on shared service implementations if Oracle Flexcube is selected.

• Manage to System Integration : Manage the coexistence of global Oracle GL systems with EMEA-specific Oracle GL/FS, ensuring that both systems are seamlessly integrated and meet business and regulatory requirement.

• Stakeholder Management : Engage with senior stakeholders across headquarters, US, and within the European context to ensure clear communication, alignment and support for the project.

• Business Communication: Maintain close communication with business stakeholders across functions, as well as operations and Finance department, ensuring that project deliverables align with both regional and global business requirements.

• Architecture Design: Collaborate with EMEA/Global architects to design an interface architecture that connects the GL systems and Deposit system with customer channel (CMS), information systems, and risk management solutions.

• Planning & Coordination : Develop detail project plans, including timelines, resource allocation, and risk management strategies, ensuring all deliverables are met within budget and scope.

• Software Development Oversight: Oversee all aspects of the software development lifecycle(SDLC) for the replacement system, ensuring best practices are followed and quality standards are met.

• Risk Management & Escalation : Identify potential risks and issues proactively across all delivery activities, and manage them through appropriate mitigation strategies, escalating when necessary to ensure the overall program remains on track.

• Reporting : Provide regular project status updates to stakeholders and senior management on risks, and issues, ensuring transparency and alignment with strategy goals.

• Budget Management : Monitor project budgets, ensuring efficient allocation of resources and cost-effective delivery of project outcomes.

• Team collaboration : Work closely with cross-functional teams, including IT, Business units, to ensure the successful integration and implementation of the new system and future projects.

Qualifications, Skills and Experience

• 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)

• Domain Expertise:

• Finance BA: Expertise in financial accounting, general ledger(GL) systems, and familiarity with regulatory reporting requirements.

• Deposit BA: In-depth knowledge of deposit products and systems, with experience in platforms like Finastra Fusion Midas or Oracle Flexcube.

• Banking Operations BA : Broad understanding of core banking operations, including retail and corporate banking

• Market Operations BA : Experience in market products, including Money Market, FX, derivatives, and other financial instruments, along with relevant market systems and platforms.

• Able to understand business user requirements (Essential)

• Excellent business acumen and client facing skills (Essential)

• A conceptual thinker who can present complex ideas and topics to a wide audience (both technical and non-technical) (Essential)

• Good analytical skills, able to contribute to major business change (Essential)

• Strong analytical and problem-solving skills with proactive approach to identifying issues and implementing solutions. (Essential)

• Self assured, dynamic, open to ideas, able to influence others (Essential)

• Able to work to tight timescales, be commercially aware, and have the ability to work well within a team structure (Essential)

• Technically and Architecturally aware (Essential)

• Experience supporting project managers by ensuring business deliverables are met and that timelines are adhered to. (Essential)

• Finastra Fusion Midas/Oracle Flexcube/Oracle GL Application Experience (Desirable)

• System Integration and Data Mapping/Translation (Essential)

• SQL Knowledge (Essential)

• Oracle & SQL Server Knowledge (Desirable)

• Ability to quickly react to situations whilst maintaining a high quality of work (Desirable)

• Self starter with a “can do, will do” attitude (Essential)

• Knowledge of banking systems (Essential)