Business Analyst

Project description

We are seeking an experienced Business Analyst with a strong background in the Avaloq core banking platform to join our Change & Transformation team. This role sits at the intersection of business and technology, supporting the delivery of strategic initiatives across our Banking and Wealth Management divisions. You will work closely with front-office, operations, and IT teams to translate business needs into clear requirements and support the configuration and enhancement of Avaloq-based solutions.

Responsibilities

Key Responsibilities

Gather, analyse, and document business requirements from stakeholders across Wealth Management, Private Banking, and Operations functions

Act as a subject matter expert on the Avaloq core banking system, advising on platform capabilities, configuration options, and best practices

Produce high-quality business requirement documents (BRDs), functional specifications, process maps, and user stories

Work with Avaloq's Business Rule Framework, Script Language, and Reporting tools to define and validate solution designs

Liaise with Avaloq vendor teams and internal developers to ensure requirements are correctly implemented

Support system testing, including test case design, UAT coordination, and defect triage

Analyse current-state processes (as-is) and design improved future-state processes (to-be), identifying opportunities for automation and efficiency

Support regulatory and compliance-driven change initiatives (e.g. MiFID II, SM&CR, Consumer Duty) within the Avaloq environment

Facilitate workshops, stakeholder interviews, and requirement walkthroughs

Produce clear documentation and presentations for both technical and non-technical audiences

Support project managers with planning, RAID logs, and status reporting as required

Skills

Must have

Proven experience (10+) as a Business Analyst within Banking or Wealth Management

Hands-on experience with the Avaloq Banking Suite, including configuration, parameterisation, or business rule development

Strong understanding of Wealth Management processes (e.g. portfolio management, client onboarding, KYC/AML, custody, trade execution, reporting)

Experience writing BRDs, functional specifications, and user stories (Agile/Scrum or Waterfall environments)

Solid understanding of core banking operations, securities processing, and financial products

Experience with UAT planning, execution, and defect management

Strong stakeholder management and communication skills, with the ability to engage both business and technical audiences

Familiarity with regulatory frameworks affecting UK wealth and private banking (FCA regulations, MiFID II, Consumer Duty)

Proficiency with requirements/documentation tools (e.g. JIRA, Confluence, Visio, MS Office)

Bachelor's degree in Business, Finance, Computer Science, or related field (or equivalent experience)

Relevant industry certifications (e.g. CBAP, BCS Business Analysis Diploma) advantageous

Nice to have

Avaloq certification(s)

Experience with Avaloq Front (AF) or Avaloq Wealth

SQL or data analysis skills

Prior experience in a private bank, wealth manager, or Tier 1/2 banking institution

Knowledge of Agile delivery frameworks (Scrum, SAFe)

Other

Languages

English: C2 Proficient

Seniority

Senior

London, United Kingdom of Great Britain and Northern Ireland

Req. VR-124276

Avaloq

BCM Industry

04/08/2026

Req. VR-124276