Principal Business Analyst recruitment
JOB DESCRIPTION:
The Ledger Strategy Programme is a multi-year programme to invest in MIB Finance's strategic global infrastructure, and includes:
- Interfacing front office systems via a new cross-functional transaction warehouse into the new accounting rules engine.
- Designing and implementing a new detailed global transaction sub-ledger and a global control ledger.
- Designing and implementing new reporting tools, calculation engines and other components.
- Developing transition and implementation plans, and the new operating model.
- Working closely with colleagues in Group Finance who are developing a new general ledger, consolidation and disclosure tools for the RBS Group.
The Programme is essentially replacing the entire Finance architecture for the whole of MIB for all locations. We are currently looking for a number of enthusiastic, motivated individuals to join the department as Senior Business Analysts, on the functional design of the new transactional sub-ledger, calculation engine and adjustments functionality. This includes production of process flows, operating models, functional requirements and working with IT component owners throughout the project lifecycle from solution design to delivery.
ESSENTIAL REQUIREMENTS:
Business Analyst Skills
- Business Analysis planning and monitoring - Ability to assess the complexity of the brief, identify stakeholders, identify and manage risks and issues, and develop an appropriate approach and work plan that incorporates success criteria and key performance indicators (KPIs).
- Enterprise Analysis - Ability to identify business needs and opportunities for improvement via detailed analysis and understanding of overall business and systems structure, op models, strategy, flows, processes, and inter-relationships.
- Requirements Gathering and Analysis - Through usage of techniques such as process modelling, use cases etc, obtain, capture, validate and document business requirements to ensure completeness, relevance, and accuracy. Ensure requirements are prioritised and support business goals, standards, strategic themes and external factors such as relevant legislation. Translate between technology and business requirements and ensuring they meet the required quality to effectively guide further work.
- Requirements Management - Managing change control process over requirements, and ensure requirements can be traced to business case and implemented solution. Ensuring stakeholders understand and agree overall requirements.
Project Skills
- Project Roles - Understanding of project roles and key responsibilities attached to each, and how they relate to the role of the Business Analyst.
- Project Lifecycle - Understanding of key phases of project lifecycle, as well as overall objectives and deliverables of each phase.
Financial Knowledge Domain Expertise
- Investment Banking knowledge - An understanding of investment banking products and how an Investment Bank operates.
- Business and Product knowledge - Understand full life cycle of a specific business area transactions from trade to settlement as well as some basic valuation principles.
- Understands more complex products for a specific business such as structured transactions, securitisation, forfeiting, etc.
- Accountancy knowledge - Understanding of key drivers of Profit and Loss for products in a specific area in accordance with industry norms (pricing, PL decomposition, impact of risk vs market movement, funding, reserving, independent price verification etc) as well as accounting treatment for each key component.
Business Analysis Tools and Techniques
- Working knowledge of common techniques, tools, and languages used for enterprise analysis and business modelling such as but not limited to: BPMN, UML, SSADM, MS Project and Visio.
Formal Qualifications
- Accountancy Qualifications - Qualified accountant (ACA, CIMA or equivalent) or qualified accountant by experience.
ADDITIONAL SKILLS:
- Project Management qualifications - such as PRINCE2 or equivalent.
- Business Analyst Qualifications such as the Certified Business Analysis Profession (CBAP) 6 Sigma, Lean or equivalent.
- Business and product knowledge - detailed knowledge of regulatory, statutory taxation and other external reporting requirements for the MIB business. Understanding of existing accounting and/or regulatory requirements and the impact of any upcoming changes (e.g. IFRS9).
Unless otherwise stated, you should ensure that you're already authorised to work in the United Kingdom. Allegis Group Services welcomes all applications from all areas of society and does not discriminate on grounds of religion or belief, ethnic or national origin, race, age, disability, citizenship, marital, domestic or civil partnership status, sexual orientation, or gender identity.
If you want to find out more about this or other contract job opportunities call us on 0207 678 9198 or visit us www.agsatrbs.com.
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Allegis Group Services is acting as an Employment Business in relation to this vacancy.
