Business Systems Analyst

3 days ago

London, Greater London, United Kingdom N Consulting Limited Full time

About the Role:

We are seeking a highly skilled Business Systems Analyst to join our team at N Consulting Limited. This is a full-time contract opportunity in London, UK.

Job Description:

The ideal candidate will have experience in Deposit / Ledger Management System and be responsible for leading the Deposit and GL Management System Replacement feasibility study. They will also oversee the selection of the Deposit system, evaluate Finastra Fusion Midas and Oracle Flexcube as potential solutions, and collaborate with the Head Office team on shared service implementations if Oracle Flexcube is selected.

In addition, the successful candidate will manage the coexistence of global Oracle GL systems with EMEA-specific Oracle GL/FS, ensuring seamless integration and meeting business and regulatory requirements. They will engage with senior stakeholders across headquarters, the US, and within the European context to ensure clear communication, alignment, and support for the project.

Key Responsibilities:

  • Requirements Gathering: Engage with business stakeholders to gather detailed requirements 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.
  • 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: Oversee the selection of the Deposit system, including evaluating Finastra Fusion Midas and Oracle Flexcube as potential solutions.
  • Manage System Integration: Manage the coexistence of global Oracle GL systems with EMEA-specific Oracle GL/FS.
  • Stakeholder Management: Engage with senior stakeholders across headquarters, the US, and within the European context.
  • Business Communication: Maintain close communication with business stakeholders across functions, as well as operations and Finance department.

Required Skills and Qualifications:

  • In-depth understanding of the software development process and overall project life cycle.
  • In-depth knowledge and work experience of banking products and finance, and a strong understanding of the regulatory environment in the banking sector.
  • 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.
    • 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.
  • Excellent business acumen and client-facing skills.
  • Good analytical skills, able to contribute to major business change.
  • Experience supporting project managers by ensuring business deliverables are met and that timelines are adhered to.

Benefits:

  • Estimated salary: £60,000 - £80,000 per annum.
  • Opportunity to work with a dynamic team in a fast-paced environment.
  • Chance to develop your skills and expertise in Deposit / Ledger Management System.

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