Business change engineering

BA & PM

This Financial market is home to our Business Analyst and Project Management communities; working closely with a team of developers, BAs & PMs to act as bridges between senior stakeholders and IT.

Navigation: FinTech Expertise > Business Change Engineering | BA & PM

 

For BA/PMs interpersonal skills are of vital importance. They need to be able to communicate clearly, present and converse with senior leadership - all whilst building relationships with a wide range of personality types and managing project expectations.

Generally, BA/PMs have a broad knowledge range, but those with niche specialisms are in higher demand,e.g. in the front office, BAs working around cash equities often have technical proficiencies in FIX and DMA.

Project requirements can be highly variable in this market, as well as business area dependant. The primary focus is regulatory, with MiFID II still ongoing, LIBOR to be delivered by 2022, and then financial change and financial regulations including IFSDR, FINREP, COREP, ICAAP and ILAAP.

Brexit is also a key issue - with banks trying to predict what will happen and beginning to move areas of the business out of the UK to protect against worst-case scenarios.

Conditions are unsurprisingly being dominated by financial regulations; this will continue for the foreseeable future.

In addition, the emergence of new technologies, machine learning, AI and data science is causing a growth in demand for BA/PMs with strong data and analytics skillsets.

In sync with Cloud-tech growth is the increasing want for BA/PMs with the capability to comprehend and effectively demonstrate skills in Python - a development language that is affecting all financial institutions more and more. Whilst traditional BA/PM skills will always be required, those people who are data aligned will be in high demand.

 

 BA/PM Expertise:

  • Regulatory driven change: MiFID, Basel, FRTB, SFTR, Fin Rep, Co Rep

  • Finance transformation and systems change

  • Operations transformation

  • Finance P&L systems implementation

  • Digital transformation

  • Product innovation

  • Greenfield projects

  • Agile, lean and waterfall methodologies

Business Domain Experience:

  • Front office

  • Finance

  • Risk management

  • Operations

Client Type Experience:

  • Investment Banks

  • Retail Banking

  • FinTechs

  • Start-ups

 

People Types:

Change Director - Change specialist with a deep understanding of both operational transformation and new product and tech. innovation. Bridges business and technology, with care for the impacts on people processes and tools, as well as commercial outcomes, trusted at both line and exco level.

Business Analyst - Specialist in PnL Balance Sheet and General Ledger projects, and regulatory change including ring-fencing balance sheet substantiation and FinRep and CoRep. Alternatively - Qualified accountant with consultancy (EY) experience with a good understanding of data focussed projects.

Project Manager - Extensive FinRep and CoRep delivery experience, SME knowledge on the balance sheet, general ledger and PnL. As well as working with financial regulatory requirements.