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Senior Business Analyst 21 month secondment/ Fixed Term contract

Aggregator Network
Job LocationLondon
EducationNot Mentioned
SalaryCompetitive salary
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent, full-time

Job Description

The Bank of England is the UKs central bank. Our mission is to deliver monetary and financial stability for the British people. The Bank of England is a diverse organisation. Each of its 4,000 people are committed to public service and dedicated to promoting the good of the people of the United Kingdom by maintaining monetary and financial stability. Work for an organisation steeped in history with a front row seat for the digitalisation of the financial sector, and the rise of rise of fintech and regtech. A core organisational strength, with our people at our centre, Technology enable the Bank of England to deliver its mission by providing a hugely diverse set of technical solutions and platforms. From supporting critical systems which underpin the UK economy, to evolving data analytics, reinventing our online presence, and introducing a fully digital workplace. Be part of a team thats constantly evolving, just like our industry. We take pride in our people, with backgrounds and experiences as diverse as the solutions they provide. Youll 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. Department OverviewThis role sits in Architecture, Analysis and Consultancy area which is responsible for ensuring IT change is aligned to business priority, and that the technical architecture is right. There are three teams in the area; Consultancy Services, Technical Architecture and Business Analysis. The Consultancy Services team are a group of Technical Consultants responsible for shaping the Banks technology portfolio and scoping the needs of the business into deliverable capabilities. The Technical Architecture team are responsible for defining the IT infrastructure ensuring alignment to the Technology roadmap. The Business Analysis team, which this role is recruiting for, provides detailed analysis to ensure appropriate solutions are identified and designed to deliver the right business outcomes.Job descriptionWhat does this job involve

  • Develop a deep understanding of the business functions and the outcomes they are seeking to achieve, including how this links to organisation-wide / strategic objectives
  • Document the business requirements and working with colleagues from the wider Technology Division and across the business to agree suitable solutions
  • Establish and maintain agreement between the business customer and solution provider on requirements including traceability management across the full project lifecycle
  • Champion innovation and collaboration, and be an active contributor to the on-going learning and development of the BA team through knowledge sharing and being an advocate for better practice
    • Role RequirementsMinimum Essential Criteria
  • Educated to degree level ISEB / BCS BA Diploma certified, IIBA certification (e.g. CBAP) or equivalent
  • Solid career track record as a business analyst with strong exposure to technical / software development projects ideally within a financial or regulatory environment
  • Strong evidence of exposure to the full software development lifecycle with ample experience of both Agile and Waterfall methodologies
  • Ability to coach and mentor junior colleagues on Agile principles
  • Awareness of operating models (both current and target state) and how to use them on projects / programmes
  • Experience of working on complex projects and programmes involving broad-based business change
  • Excellent stakeholder management at all levels; both internally and externally. Able to manage large groups of stakeholders, under uncertain environments, providing challenge as and when required
  • Producing outputs at different levels (high level to functional specifications) to a high quality within the standards set by the BA management team
  • Experience of developing business processes and use of out of the box thinking to challenge existing processes
  • A proactive thinker with the ability to exercise independent judgement and strong influencing skills , knowing when to act on any key issues that require escalation/support from the BA leadership team
  • Strong exposure to gathering, analysing and accurately documenting business and solution requirements using business process models, wireframes, use cases and data models
  • Experience of 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)
  • Experience of managing complexity and change and an awareness of the associated technical impacts to the organisation
  • Possess strong business acumen, able to quickly pick up the context and business knowledge required, supporting the business through the requirements gathering, design and testing phases
  • Demonstrable experience of facilitating workshops with the business utilising a variety of business analysis methods
    • Desirable Criteria Desirable experience in two or more of the below areas:
  • Awareness of business architecure and related principles
  • Data Management (inclusive of data journeys, analysis, integration and migration)
  • Supporting scaled Agile methodologies in Waterfall environments
  • Certification in industry recognised delivery methods such as Agile, DevOps
  • Understanding of Project Management - resource and time management
    • This specific role offers a base salary of between £45,000-55,000 p.a (subject to experience and skillset) The total package also includes:
  • 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. The current cost to the Bank of providing this pension is 35% of your salary.
  • A discretionary performance award based on a current award pool and target award of 10%, with a maximum potential award of 25%
  • A 7% 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 12 additional days through flexible benefits
  • Private medical insurance and income protection insurance
    • We anonymise applications so hiring managers will not be able to

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