Summary: The Senior Finance Transformation Business Analyst will lead a Finance ERP implementation at a top-rated UK bank, collaborating with both Business and IT teams to gather requirements and recommend solutions for system enhancements. This role involves managing the end-to-end delivery of the Workday ERP system, ensuring regulatory compliance, and improving business performance. The analyst will also engage in business case creation, strategy analysis, and process design while actively participating in the bank's BA practice. Strong finance domain knowledge and effective stakeholder management are essential for success in this position.
Key Responsibilities:
- Leadership role in the end-to-end life cycle delivery of a Workday ERP system in a Financial Institution.
- Decomposition of as-is data elements used in Financial reporting and working with technical data modellers to construct target data models.
- Preparation for and leading participation in Discovery phase with ERP vendor to turn Business Requirements and TOM principles into implementable functional design.
- Requirements engineering: elicit, analyse and validate stakeholder requirements, business requirements and solution requirements (functional and non-functional).
- Document the requirements in the form of user stories supported with acceptance criteria and ensure both vertical and horizontal traceability.
- Business case creation, feasibility study and solution evaluation: analysing and assessing risks and impacts of solution options, performing cost-benefit analysis and collaborating with stakeholders to achieve an investment decision.
- Strategy analysis: exploring and analysing current situations, internal and external strategic drivers, implementation strategies and identifying risks and impacts of a desired implementation approach.
- Process Design: ability to document both the AS-IS and TO-BE situations for relevant business domains.
- Planning and monitoring deliverables: monitor and manage their own BA and wider project deliverables, escalating and managing risks and issues as they arise.
- Change Delivery: Helping identify impacts to the Business, Processes, IT Systems and Organisational structure.
- Business readiness - Planning and co-ordinating communications and training to support the Project implementation.
- Collaborative working: Active participants and contributors within the Bank's BA practice.
- Operate in line with the Bank's Risk Management framework and relevant risk and compliance policies and procedures.
Key Skills:
- Core BA skill set supplemented with proven experience of financial transformation.
- Excellent finance domain knowledge.
- Effective Stakeholder Management.
- Able to effectively communicate to varying levels of Stakeholders.
- Analytical approach to work; varying ways to problem solve (e.g., data analysis, MI), root-cause analysis etc.
- Ability to work autonomously and as part of a wider team.
- Practical experience and understanding of both Agile and Waterfall ways of working.
- Experience in modelling business processes, preferably BPMN or other industry modelling standards.
- Experience using a variety of BA software tools such as JIRA, Confluence, MS Visio etc.
- Experience working within the Financial Services sector is also desirable.
Salary (Rate): undetermined
City: London
Country: United Kingdom
Working Arrangements: undetermined
IR35 Status: undetermined
Seniority Level: undetermined
Industry: IT
Business Analyst - Finance ERP Implementation - Banking
Excellent role for experienced BA to lead a major Finance ERP implementation in top rated UK Bank. The Senior Finance Transformation Business Analyst's role will be responsible for working with both Business and IT to elicit requirements/user stories and to recommend solutions that will help deliver system enhancements and improved business performance, whilst ensuring regulatory compliance.
Main Responsibilities
- Leadership role in the e2e life cycle delivery of a Workday ERP system in a Financial Institution
- Decomposition of as-is data elements used in Financial reporting and working with technical data modellers to construct target data models
- Preparation for and leading participation in Discovery phase with ERP vendor to turn Business Requirements and TOM principles into implementable functional design
- Requirements engineering: elicit, analyse and validate stakeholder requirements, business requirements and solution requirements (functional and non-functional).
- To document the requirements in the form of user stories supported with acceptance criteria and to have the ability to elicit requirements ensuring both vertical and horizontal traceability.
- Business case creation, feasibility study and solution evaluation: analysing and assessing risks and impacts of solution options, performing cost-benefit analysis and collaborating with a variety of stakeholders to achieve an investment decision.
- Strategy analysis: exploring and analysing current situations, internal and external strategic drivers, implementation strategies and identifying risks and impacts of a desired implementation approach.
- Process Design: ability to document both the AS-IS and TO-BE situations for relevant business domains
- Planning and monitoring deliverables: monitor and manage their own BA and wider project deliverables. Escalate and manage risks and issues as they arise.
- Change Delivery: Helping identify impacts to the Business, Processes, IT Systems and Organisational structure.
- Business readiness - Planning and co-ordinating communications and training to support the Project implementation
- Collaborative working: Active participants and contributors within the Bank's BA practice
- Operates in line with the Bank's Risk Management framework (including sub-frameworks) and relevant risk and compliance policies and procedures, ensuring appropriate and timely escalation of any concerns to their line manager.
A core BA skill set supplemented with proven experience of financial transformation.
Excellent finance domain knowledge
Effective Stakeholder Management
Able to effectively communicate to varying levels of Stakeholders
Analytical approach to work; varying ways to problem solve (eg data analysis, MI), root-cause analysis etc.
Be able to work autonomously and as part of a wider team
Practical experience and an understanding of both Agile and Waterfall ways of working
Experience in modelling business processes, preferably BPMN or other industry modelling standards
Experience using a variety of BA software tools such as JIRA, Confluence, MS Visio etc.
Experience working within the Financial Services sector is also desirable
Bank Banking CRM ERP Workday Oracle Fusion Cloud ERP (Oracle Financials Cloud) Oracle Fusion Cloud ERP (Oracle Financials Cloud) Oracle Accounting Hub (AHCS) Oracle FCCS (Financial Consolidation and Close) Oracle EPM (Planning, Budgeting, Forecasting) SAP S/4HANA Finance SAP ECC SAP Group Reporting / SAP BPC OneStream Tagetik Workday Financials
