Business Analyst

Senior Business Analyst - Securities Operations (Sponsored Repo Programme) London based 3 days a week in the office. Global banking organisation are seeking a highly experienced Senior Business Analyst to support delivery across the Sponsored Repo programme and wider securities and derivatives change initiatives within Securities Operations. This is a hands-on, delivery-focused role requiring autonomy across Front Office, Technology, Treasury, and external partners to drive high-quality analysis, documentation, testing, and end-to-end process redesign.

Key Responsibilities: Lead end-to-end requirements capture for repo programme across trade capture, messaging, lifecycle management, clearing, reconciliations, and exception management. Support design and enhancement of operational workflows on repo programme, for centrally cleared repo via FICC, including allocations, cash and securities settlement, compare/affirmation, margining, and exception resolution. Translate business needs into structured requirements and Jira user stories , ensuring full traceability through design and testing.

Identify and resolve gaps between current-state processes and Sponsored Repo requirements, collaborating with Front Office, TEC, and external clearing brokers/agents. Define, document, and support delivery of Target Operating Models (TOMs) , including process maps, roles & responsibilities, controls, and handoffs. Develop test strategies, create detailed test packs, execute testing, and support UAT coordination .

Analyse data flows, system interactions, dependencies, and operational bottlenecks to propose pragmatic, scalable solutions. Act as an operational SME , contributing to workshops, data mapping, control enhancements, and process automation opportunities. Key Skills & Experience: Strong knowledge of fixed income securities operations , trade lifecycle processes, and derivatives flows.

Proven Business Analysis experience within Investment banking or wider capital markets, with a solid understanding of cash and securities settlement, repo, and FICC operations would be highly desired. Experience delivering regulatory change, system upgrades, migrations, or cross-functional transformation programmes . Prior experience on repo or fixed income projects is highly advantageous.

BA/PM hybrid capability, with emphasis on Business Analysis over project management. Technical aptitude with understanding of data structures, APIs, and system behaviour Strong stakeholder management skills, able to influence senior stakeholders through structured analysis and recommendations . #J-18808-Ljbffr