Business Analyst Core Banking

Business Analyst Core Banking
Location: London (Hybrid) Practice Area: Banking & Payments Type: Permanent

Drive the next generation of banking transformation through product-led delivery intelligent automation and AI-enabled ways of working.

The Role

Capco is looking for an experienced Business Analyst with deep Core Banking expertise to join our Banking & Payments practice. Working with leading retail commercial and challenger banks you will help shape and deliver complex transformation programmes across core banking platforms products and customer journeys.

This role is ideal for a Business Analyst who combines strong analysis skills with a product-oriented mindset. You will work closely with business stakeholders engineers architects and product teams to define and deliver solutions that create measurable business value. As AI continues to reshape financial services youll also help clients adopt AI-enabled ways of working that enhance decision-making streamline processes and accelerate delivery.

What Youll Do

• Lead business analysis activities across core banking transformation initiatives from discovery through to implementation.
• Define business capabilities customer journeys operating processes and requirements for banking products and platform modernisation programmes.
• Partner with Product Owners and delivery teams to manage backlogs refine priorities and translate strategic objectives into actionable user stories and requirements.
• Apply AI-enabled tools and techniques to improve analysis process modelling requirements management and stakeholder collaboration.
• Facilitate workshops and engage stakeholders across business operations technology risk and change functions to drive alignment and delivery success.

What Were Looking For

• Proven experience delivering business analysis within Core Banking transformation programmes.
• Strong understanding of banking products and capabilities including current accounts savings lending mortgages payments customer servicing or onboarding.
• Experience working in Agile delivery environments with responsibility for requirements definition backlog management user stories and acceptance criteria.
• Demonstrable product understanding with the ability to think beyond requirements and focus on customer outcomes business value and commercial objectives.
• Excellent stakeholder management and communication skills with the ability to influence and challenge constructively across multiple levels of an organisation.

Bonus Points For

• Experience performing Product Owner responsibilities or working closely within product-led operating models.
• Knowledge of modern core banking platforms cloud-native architectures APIs open banking or Banking-as-a-Service ecosystems.
• Practical experience using AI-powered tools to support business analysis product management delivery or operational decision-making.
• Experience delivering large-scale transformation programmes within retail commercial or digital banking environments.
• Previous consulting experience within financial services.

Why Join Capco

• Work on some of the most significant banking and payments transformation programmes in the market.
• Collaborate with product business and technology specialists in a flat entrepreneurial consulting environment.
• Help clients unlock value through emerging technologies digital transformation and AI-enabled innovation.
• Access continuous learning industry certifications and a dedicated Business Coach from day one.
• Be part of a growing Banking & Payments practice helping shape the future of financial services.

Benefits

• Core Benefits: Discretionary bonus competitive pension health insurance life insurance and critical illness cover.
• Mental Health: Easy access to CareFirst Unmind Aviva consultations and in-house first aiders.
• Family-Friendly: Maternity adoption shared parental leave plus paid leave for sickness pregnancy loss fertility treatment menopause and bereavement.
• Family Care: 8 complimentary backup care sessions for emergency childcare or elder care.
• Holiday Flexibility: 5 weeks of annual leave with the option to buy or sell holiday days based on your needs.
• Continuous Learning: Minimum 40 Hours of Training Annually through workshops certifications and e-learning plus a dedicated Business Coach from Day One.
• Healthcare Access: Convenient online GP services.
• Extra Perks: Gympass (Wellhub) travel insurance Tastecard season ticket loans Cycle to Work and dental insurance.

Inclusion at Capco

Were committed to making our recruitment process accessible and straightforward for everyone. If you need any adjustments at any stage just let us know well be happy to help. We value each persons unique perspective and contribution. At Capco we believe that being yourself is your greatest strength. Our #BeYourselfAtWork culture encourages individuality and collaboration a mindset that shapes how we work with clients and each other every day.

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