Senior Business Analyst - Bank of England

The Bank of England and Inspire People are partnering together to attract high-calibre Business Analysts with a solid track record of delivering technology change across a mix of business and technology transformation projects, to play a pivotal role in an organisation at front row for the digitalisation of the financial sector and the UK economy. You will be responsible for the end-to-end lifecycle from feasibility to business change. Up to £59,850 basic plus excellent benefits including a 8% cash benefits allowance and an annual bonus. Hybrid working opportunities are available with 2 days a week working from the Bank's London site. 21 Months Fixed Term Contract.

The Bank takes pride in its people, with backgrounds and experiences as diverse as the solutions they provide. You'll enjoy flexible working opportunities, a strong sense of community and well-being, and a collective mission to promote the good of the people of the UK. All of which add up to make the Bank a hugely rewarding place to work.

As a Business Analyst within the Bank, typical role responsibilities include:

• Requirements gathering and process engineering analysis to provide detailed analysis to ensure appropriate solutions are identified and designed to deliver the right business outcomes.
• Applying a strong working understanding of BPMN 2.0
• Producing outputs at different levels (high level to functional specifications) to a high quality within the standards set by the BA management team
• Providing both functional and technical expertise to the Technology teams in producing detailed requirements documentation (e.g., detailed process maps, use case specifications, wireframes, logical data models), facilitating workshops with the business utilising a variety of business analysis methods.

Essential Skills and Experience:

• Solid career track record as a business analyst in Agile and Waterfall environments, with strong exposure to technical / software development projects, working on complex projects and programmes involving broad-based business change.
• Experience of developing business processes using BPMN 2.0 and use of 'out of the box' thinking to challenge existing processes.
• Strong exposure to gathering, analysing and accurately documenting business and solution requirements using business process models, wireframes, use cases and data models

As well as the above core skills, we are looking to engage with candidates to work on one of five different Bank initiatives, depending on your following additional skills:

1. Security and Collateral Operations Review - Knowledge of finance processes especially settlement and collateral management plus strong process mapping skills using BPMN 2.0
2. Critical Operational Risk Mitigation - Knowledge of finance/trading across Front, Middle and Back offices processes plus strong process mapping skills using BPMN 2.0
3. Finance Modernisation - Exposure to the Oracle ERP Finance modules and an understanding of systems/data mappings and migrations
4. Transforming Data Collections - Experience withTarget Operating Model Development, data lifecycle management and CRM Tooling
5. Obsolescence - Technology upgrade/decommissioning experience and data-centre migration experience

In addition, you can expect a planned, transparent progression with learning and development tailored to your role, and a culture encouraging inclusion and diversity, plus the following benefits:

• A non-contributory, career average pension giving you a guaranteed retirement benefit of 1/95th of your annual salary for every year worked. There is the option to increase your pension (to 1/50th) or decrease (to 1/120th) in exchange for salary through our flexible benefits programme each year.
• An annual discretionary performance award based on a current award pool (10%-25%)
• A 8% benefits allowance with the option to take as salary or purchase a wide range of flexible benefits.
• 25 days annual leave with option to buy up to 13 additional days through flexible benefits.
• Private medical insurance and income protection.

For more information, please contact the Zymante Gintalaite at Inspire People, who are engaged on an exclusive basis by the Bank of England, or apply now.