T1 Settlement Business Analyst
| Posting date: | 10 March 2026 |
|---|---|
| Salary: | £575.0 to £635.0 per day |
| Additional salary information: | up to £635pd Inside IR35 via Umbrella |
| Hours: | Full time |
| Closing date: | 17 March 2026 |
| Location: | City of London, London, EC2V 6DN |
| Company: | Hays Specialist Recruitment |
| Job type: | Contract |
| Job reference: | 4778390_1773164866 |
Summary
A leading global bank is currently seeking an experienced Business Analyst to join their Markets Operations function, supporting their T+1 settlement transition programme. This role will play a key part in analysing end‑to‑end settlement processes, partnering with SMEs, and supporting the organisation's readiness for the regulatory requirements and operating models.
Job Details:
Start date: ASAP
Duration: Initial 6 months
Rate: up to £635pd Inside IR35 via Umbrella
Location: London
Hybrid: 3 days in the office
Key Requirements:
- Minimum 7-10 years' experience as a Business Analyst within financial services, with strong knowledge of securities settlements, post‑trade workflows, and lifecycle processing.
- Experience working alongside SMEs, Front Office, Operations, Technology and external market infrastructures.
- Strong understanding of settlements processes, including trade affirmation, allocation, matching, exception management and STP improvements.
- Knowledge of derivatives and wider asset classes is highly beneficial.
- Experience delivering within large‑scale regulatory change programmes, including T+1, CSDR, MiFID, or similar.
- Ability to perform detailed gap analysis, map current vs. target‑state workflows, and document high‑quality business and functional requirements.
- Technically proficient, able to work closely with technology teams to translate business requirements into clear functional specifications, systems changes and process design.
- Experience supporting testing, including UAT planning, test case creation and execution.
- Ability to pick up elements of project management when required, supporting workstream planning, RAID management and reporting.
What you need to do now
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