Business Analyst

About the Position

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

• 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

Requirements

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)
• 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)

We Offer

• Competitive salary
• Opportunity to work in a dynamic and innovative environment
• Professional development opportunities
• Collaborative and inclusive company culture

About the Company

Join our team and contribute to the success of our clients in the financial sector. We are committed to providing excellent service and fostering a culture of continuous learning and improvement.

Languages

• English: C2 Proficient

Seniority

• Senior