Senior Business Analyst (Contract – Outside IR35)
Location: London (Hybrid – 4 days per week on-site)
Contract: Outside IR35
Sector: Financial Services
We are seeking a highly experienced Senior Business Analyst to support a strategic transformation initiative across middle and back office operations within a financial services environment.
This role is focused on process improvement, operating model definition, and stakeholder alignment, with particular emphasis on cash management, collateral, and manual Excel-driven workflows. It is a strategic, senior-level position requiring strong domain expertise, ownership, and the ability to influence across business and technology teams. You will play a key role in shaping the future operating model, rather than simply delivering predefined requirements.
Key Responsibilities
- Act as a trusted bridge between business and technology teams across middle and back office functions
- Lead and facilitate workshops, working sessions, and stakeholder meetings, driving clarity and alignment
- Document current-state processes and design future-state workflows and target operating models
- Identify process inefficiencies, gaps, risks, and opportunities for improvement
- Support the transition from manual, Excel-based processes to more scalable and controlled solutions
- Produce high-quality visual documentation, including process flows, swimlanes, and workflow diagrams
- Work closely with stakeholders across London, Bermuda, and Nashville, accommodating multiple time zones
Required Experience
- Proven experience as a Senior Business Analyst within middle and/or back office functions in financial services
- Strong understanding of:
- Cash management
- Collateral management
- Cash movements and approvals
- Related operational processes
- Experience working in environments with manual or Excel-heavy workflows and leading initiatives to improve them
- Strong capability in process mapping, workflow design, and target operating model definition
- Comfortable working in Agile or hybrid environments with lean documentation
- Excellent stakeholder management and communication skills, with the ability to influence at all levels
Desirable Attributes
- Tenacious, pragmatic, and outcomes-focused
- Able to take end-to-end ownership and drive momentum independently
- Strong interpersonal skills and experience working across cultures and geographies
- Background working with bespoke or in-house systems