We are seeking an experienced Business Analyst to join our Compliance team within a leading investment bank. This role focuses on delivering strategic and regulatory change across SEPA payments, cross-border transactions, and PSD2 initiatives. You will work closely with business stakeholders, technology teams, and external partners to drive transformation across the payments landscape.

Key Responsibilities

1. Lead business analysis activities across payments projects, with a focus on SEPA, cross-border payments, and PSD2 compliance
2. Gather, document, and validate business and functional requirements (BRDs, FRDs, user stories)
3. Collaborate with stakeholders across Operations, Compliance, Technology, and Product teams
4. Analyse current payment workflows and identify opportunities for optimisation and automation
5. Support regulatory change initiatives, ensuring alignment with evolving European payments frameworks
6. Work closely with developers and QA teams to ensure accurate implementation and testing of solutions
7. Facilitate workshops, stakeholder interviews, and process mapping sessions
8. Assist with UAT coordination and business readiness activities

Key Skills & Experience

1. Proven experience as a Business Analyst within financial services, ideally in investment banking
2. Strong knowledge of SEPA schemes (SCT, SDD) and cross-border payments (SWIFT, TARGET2, etc.)
3. Solid understanding of PSD2 and its impact on payments, including Open Banking and APIs
4. A good understanding of the sanctions lists and transaction filtering systems.
5. Experience working on regulatory and/or payments transformation programmes
6. Excellent stakeholder management and communication skills
7. Strong documentation skills (process flows, data mapping, requirements)
8. Familiarity with Agile and/or Waterfall methodologies

Rate: Competitive (Inside IR35)

Duration: 6 months rolling