Business Analyst - Trading Operations & Regulatory Change (h/f)

Business Analyst - Trading Operations & Regulatory Change

London- (Hybrid)

X3 days on-site per week

£500-£550

emagine is a high-end professional services consultancy and solutions firm Specialising in providing business and technology services to the financial services sector, we power progress, solve challenges and deliver real results through tailored high-end consulting services and solutions.

We have created a culture of openness and integrity by building genuine and strong relationships and partnerships, enabling us to be uncompromising in our dedication in delivering the optimal service for our clients. Our commitment is not just towards our clients but we aim to foster a positive and equitable working environment with our consultants and colleagues which stems from our core values: Confident, Dedicated, Responsible, Genuine.

emagine consulting is seeking a Payments Business Analyst with experience in regulated financial services, ideally with exposure to Private Banking and Wealth Management environments.

We are seeking an experienced Business Analyst to support and on-going programme with the setup of a new European capital markets entity. This role will be focused on end-to-end operational analysis, process design, and supporting the development of a scalable target operating model across multiple jurisdictions.

The role will play a key part in shaping and delivering a new operating model across Germany, France, Spain, and the Netherlands, driven by regulatory change and regional growth objectives.

The role:

• Lead end-to-end analysis of front-to-back trade life cycle processes, from trade inception through to settlement, across multiple product lines (eg derivatives, lending, securities finance)

• Develop comprehensive Business Requirements Documents (BRDs) covering operational processes, system interactions, external connectivity, risks, dependencies, and implementation constraints

• Conduct detailed current-state and target-state process mapping, including workflows, system touchpoints, data flows, and decision logic

• Support the design and evolution of the European target operating model, aligned to new legal entity requirements and regulatory expectations

• Analyse and document market infrastructure and external connectivity, including clearing houses, settlement systems, market data providers, and regulatory repositories

• Define data requirements, interface specifications, and message formats to support system and process integration

• Document regulatory reporting obligations and controls (eg EMIR, MiFID), ensuring alignment with compliance and jurisdictional requirements

• Identify and engage key stakeholders across operations, technology, and change, facilitating workshops and validating requirements with SMEs

• Produce high-quality process documentation, including flowcharts, BPMN diagrams, and RACI matrices

• Support delivery through to implementation and go-live, including validation, testing readiness, and execution planning

Key Skills and Experience:

• Proven experience as a Business Analyst within financial services operations

• Strong understanding of front-to-back trade life cycle processes across capital markets products

• Experience with process mapping, business analysis, and documentation tools (eg BPMN, Visio, JIRA, Confluence)

• Familiarity with market infrastructure and external connectivity, including clearing, settlement, and market data flows

• Knowledge of regulatory reporting frameworks (eg EMIR, MiFID) and associated data and control requirements

• Experience supporting target operating model design and/or legal entity setup initiatives

• Strong stakeholder management and communication skills, with the ability to work across business and technology teams

• Ability to operate as a self-starter in a fast-paced, ambiguous environment, proactively driving analysis and validating assumptions

• Experience working across European jurisdictions and/or on Brexit-related change is advantageous

Interested?

At emagine, we are committed to building an international and diverse team by embracing our different backgrounds.

If you are up to the challenge and would like to find out more, get in touch with us immediately, our internal recruitment team is always keen to hear from dynamic individuals that are looking to further their career and explore their full potential.

emagine is an equal opportunity employer, and employment practices are based strictly on merit. It is the policy of the Company to give equal opportunity in employment regardless of sex, sexual orientation, marital status, race, age, disability, gender reassignment, pregnancy and maternity, religion or ethnic origin