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Business analyst - core banking

London
Bank of London
Business analyst
Posted: 17h ago
Offer description

Job Description

Bank of London is one of only six UK clearing banks with direct access to the country's payment systems. Built on modern, cloud-native technology, we provide businesses with secure, API-driven banking that's fast, compliant, and built for growth. Our role is simple: help ambitious businesses turn their plans into reality by removing barriers and simplifying complexity. If you want to work where technology meets banking, where security comes first, and where your work directly enables business ambition, you're in the right place.

We are looking for a Business Analyst (BA) with deep experience in core banking systems to join our growing product function. This role is key to translating business needs into technical user stories across areas such as customer data, account management, payments, deposits, finance, and customer data.
You’ll work closely with product managers, architects, and engineering teams to define functional and non-functional requirements, contribute to systems design, and ensure the successful implementation of core banking capabilities. A strong understanding of banking processes, data structures, and system integrations is essential.

Role Description:
* Collaborate with business and product stakeholders to elicit, analyse and document detailed functional requirements for the Bank’s core banking platform.
* Translate business processes into technical workflows, user stories, and specifications for engineering teams.
* Analyse existing systems and data structures to assess impacts of change and opportunities for optimisation.
* Support end-to-end solution design, including mapping dependencies between core banking modules and surrounding systems (e.g., payments gateways, general ledger, CRM and TM&S application).
* Work with QA and developers to validate acceptance criteria and support testing.
* Support data migration, reconciliation, and systems integration during platform rollouts or upgrades.
Requirements:
* Experience as a Business Analyst in the core banking area.
* Deep understanding of banking products and processes (must have experience in deposits, payments, and account management).
* Strong technical fluency, able to work with API’s, data models and technical architecture diagrams.
* Must have experience writing user stories and process flows.
* Excellent stakeholder engagement skills with engineers.
* Understanding of agile SDLC methodology.
* Experience with JIRA, Confluence and Postman.

Diversity;
Bank of London is an equal opportunity employer committed to inclusion, diversity and belonging. All qualified applicants are welcome and will receive consideration for employment without regard to race, colour, age, religion or religious expression, sex, sexual orientation, gender or gender identity and expression, transgender, national origin, or military veteran status.

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