IT Business Analyst (Contractor)

Salary: £? - ? per year Requirements: • Minimum 5 years experience as an IT Business Analyst, ideally within financial services or financial market infrastructure. • Strong experience within securities, settlement, post-trade and/or custody. • Good understanding of Central Securities Depositories (CSDs) and their role within the financial markets ecosystem. • Understanding of the securities lifecycle, including areas such as trade processing, settlement, positions, custody and/or corporate actions. • Knowledge of CSD Regulation (CSDR) and the wider regulatory environment affecting securities settlement would be highly desirable. • Strong understanding of securities market messaging standards, particularly ISO 15022 and/or ISO 20022. • Knowledge of securities market practices and standards developed through organisations such as SMPG would be advantageous. • Proven experience eliciting, analysing, documenting and managing complex requirements. • Strong experience producing functional and non-functional requirements, user stories and acceptance criteria. • Experience with Business Analysis modelling techniques including process modelling, use cases, story mapping, BPMN and/or UML. • Experience supporting testing activities including test scenarios, system testing and UAT. • Experience delivering complex technology change using methodologies such as Agile/Scrum, SAFe, Waterfall and/or V-Model. Responsibilities: • Act as a key interface between business stakeholders, technology teams and other delivery functions. • Understand the business drivers behind operational, functional, tactical and strategic change initiatives and translate these into clear technology and business requirements. • Work closely with stakeholders to understand complex business problems, processes and needs. • Challenge requirements constructively and propose viable business and technology solutions. • Lead and facilitate requirements gathering workshops with stakeholders across Business and IT. • Analyse existing business processes, systems and data flows and identify opportunities for improvement. • Produce high-quality business, stakeholder, functional and non-functional requirements. • Develop user stories, acceptance criteria, use cases and other appropriate Agile delivery artefacts. • Produce process and system models using techniques such as BPMN, UML, story mapping and data modelling. • Work closely with developers, architects, testers, Product Owners and other technology stakeholders throughout the delivery lifecycle. • Support the implementation and deployment of system changes, providing stakeholders with guidance throughout the change process. • Produce and validate scenarios required to test new systems and functionality. • Participate in and, where required, execute different phases of testing. • Support User Acceptance Testing (UAT) and client/business acceptance activities. • Ensure requirements remain traceable throughout design, development, testing and implementation. • Identify risks, issues and dependencies associated with proposed changes. • Promote Business Analysis best practice and contribute to continuous improvement across the wider BA community. Technologies: • BPMN • Support • UML • Swift More: We are a major financial services organisation operating in a highly regulated and business-critical securities environment. This is a long-term contractor role based in London with a hybrid working arrangement. You will join a collaborative Agile delivery team supporting technology solutions for securities, settlement and post-trade services. We are seeking someone who can work effectively between Business and Technology, and who brings strong knowledge of Central Securities Depositories (CSDs), securities settlement, post-trade processes, financial market infrastructure, and securities messaging standards such as ISO 15022 and ISO 20022. Rates depend on experience and client requirements. last updated 35 week of 2026