Locations: Yorkshire House, Leeds, LS1 5SH, GB Threadneedle Street, London, EC2R 8AH, GB
Base Salary: London £54,800 - £61,650 and Leeds £49,360 - £55,530
Directorate: Technology
Permanent
Full time
Job Description
The Senior Business Analyst (BA) role that sits within the Technology Directorate. 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 and create a shared understanding of requirements to enable successful implementation of our change initiatives.
A day in the role
A typical day might start with the team's stand-up meeting for the current sprint, where you'll discuss your workload and any blockers. You may be joining from our Leeds or London office, or remotely as part of our hybrid model.
Next, you could work on refining requirements or attend a workshop with stakeholders to map processes and identify improvements. Later, you might produce analysis artefacts such as process flows or impact assessments to support delivery teams. If you're in the office, you could lunch in the canteen with some of your colleagues. In the afternoon, you may attend a BA Community of Practice continuous improvement session followed by a catch up with developers and testers ensuring solutions meet business needs. Before wrapping up for the day, you'll update documentation and share outputs, so the wider team has clarity on next steps.
Role Requirements
You have experience in eliciting, analysing and managing complex business requirements, working on large-scale transformation projects, using data and insight to influence decision-making and drive change.
Minimum Criteria
Demonstrable experience working as a Business Analyst on projects or programmes, responsible for analysing and managing business requirements.
Ability to produce clear and concise analysis artefacts such as process maps, user stories, and acceptance criteria.
Experience facilitating workshops or stakeholder meetings to elicit requirements and validate solutions.
Strong communication skills, with the ability to engage effectively with technical and non-technical stakeholders.
Proficiency in applying standard business analysis tools and methods (e.g., process modelling, gap analysis).
Solid knowledge of project delivery and product management approaches (Agile and/or Waterfall).
Proficiency in Microsoft Office tools (Word, Excel, PowerPoint) for documentation and reporting.
Experience working within banking or financial institutions and delivering projects related to banking, insurance, supervision or regulatory data.
Essential Criteria
Educated to degree level and/or holding a recognised Business Analysis qualification (e.g., BCS BA Diploma, IIBA CBAP) or equivalent experience.
Proven track record as a Business Analyst on complex projects or programmes, ideally within financial or regulatory environments.
Strong experience across the full software development lifecycle, with practical knowledge of both Agile and Waterfall methodologies.
Conduct thorough impact assessments for proposed changes to systems and processes, identifying risks, dependencies and potential business impacts.
Ability to coach and mentor colleagues on Agile principles.
Skilled in developing and using operating models and business processes, including BPMN 2.0.
Expertise in eliciting, analysing, communicating and documenting business and solution requirements using a range of BA techniques (e.g., process models, wireframes, use cases, data models).
Experience producing high-quality outputs from high-level concepts to detailed specifications, including functional and technical artefacts.
Excellent stakeholder management and facilitation skills, able to engage large and diverse groups and manage uncertainty effectively.
Strong problem-solving and influencing skills, with the ability to exercise independent judgement and escalate issues appropriately.
Desirable Criteria
It would also be beneficial, but not necessary, to have some of the following:
Awareness of business architecture principles and frameworks.
Experience in data management, including data journeys, analysis, integration, and migration.
Experience in developing customer journeys and user research
Exposure to supporting scaled Agile methodologies within Waterfall environments.
Certification in recognised delivery methods such as Agile or DevOps.
Understanding of product and project management practices, including resource and time management.
Operating at SFIA Level 4 for the following SFIA v9 skill: The essence of level 4 is: "Performs diverse complex activities, supports and guides others, delegates tasks when appropriate, works autonomously under general direction, and contributes expertise to deliver team objectives."
Business Situation Analysis
Requirements Definition and Management
Business Modelling
Business Process Re-engineering
Stakeholder Relationship Management
Methods and Tool
Flexible Working Options
This role is open to flexible working patterns, these may include:
Job share
Flexible start and end time to each day
Part time
Ability to adapt calendar as needed, this could be to fit in the school run, gym, or appointments
A 50% in-office attendance requirement can be spread across the month to accommodate diverse working patterns, such as the flexibility to purchase a weekly train ticket for certain weeks
Compressed hours (subject to approval and policy within the team)
Working from abroad policy (subject to approval and policy within the team)
Our Approach to Inclusion
The Bank values diversity, equity and inclusion. We play a key role in maintaining monetary and financial stability, and to do that effectively, we believe we need a workforce that reflects the society we serve.
At the Bank of England, we want all colleagues to feel valued and respected, so we're working hard to build an inclusive culture which supports people from all backgrounds and communities to be at their best at work. We celebrate all forms of diversity, including (but not limited to) age, disability, ethnicity, gender, gender identity, race, religion, sexual orientation and socioeconomic status. We believe that it's by drawing on different perspectives and experiences that we'll continue to make the best decisions for the public.
We welcome applications from individuals who work flexibly, including job shares and part time working patterns. We've also partnered with external organisations to support us in making adjustments for candidates and employees in the recruitment process where they're needed.
For most roles where work can be carried out at home, we aim for colleagues to spend half of their time in the office, with a minimum of 40% per month. Subject to that minimum requirement, individuals and managers should work together to find what works best for them, their team and stakeholders.
Finally, we're proud to be a member of the Disability Confident Scheme. If you wish to apply under this scheme, you should check the box in the 'Candidate Personal Information' under the 'Disability Confident Scheme' section of the application.
Salary and Benefits Information
We encourage flexible working, part time working and job share arrangements. Part time salary and benefits will be on a pro-rated basis as appropriate.
We offer a salary as follows:
Leeds: £49,360 - £55,530
In addition, we also offer a comprehensive benefits package as detailed below:
Currently a non-contributory, career average pension giving you a guaranteed retirement benefit of 1/80th of your annual salary for every year worked. There is the option to increase your pension (to 1/65th) or decrease (to 1/105th) in exchange for salary through our flexible benefits programme each year. The Bank has the discretion to vary standard accrual rates and dial up and dial down rates at any time and to withdraw dial up and dial down options at any time.
A discretionary performance award based on a current award pool.
An 8% benefits allowance with the option to take as salary or purchase a wide range of flexible benefits.
26 days' annual leave with option to buy up to 12 additional days through flexible benefits.
Private medical insurance and income protection.
This role closes on 24 February 2026
Please apply online, ensuring that you complete your work history and answer ALL the application questions fully and in detail as your application will not be considered if all mandatory questions are not fully completed.
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