Business Analyst - Avaloq Banking & Wealth Management

Salary: £48,000 - 68,000 per year

Requirements

• Proven experience of 10+ years as a Business Analyst within Banking or Wealth Management
• Hands-on experience with the Avaloq Banking Suite, including configuration, parameterisation, or business rule development
• Strong understanding of Wealth Management processes, including portfolio management, client onboarding, KYC/AML, custody, trade execution, and reporting
• Experience writing BRDs, functional specifications, and user stories in Agile/Scrum or Waterfall environments
• Solid understanding of core banking operations, securities processing, and financial products
• Experience with UAT planning, execution, and defect management
• Strong stakeholder management and communication skills, with the ability to engage both business and technical audiences
• Familiarity with regulatory frameworks affecting UK wealth and private banking, including FCA regulations, MiFID II, and Consumer Duty
• Proficiency with requirements and documentation tools such as JIRA, Confluence, Visio, and MS Office
• Bachelors degree in Business, Finance, Computer Science, or a related field, or equivalent experience
• Relevant industry certifications such as CBAP or BCS Business Analysis Diploma are advantageous
• Avaloq certification(s) are advantageous
• Experience with Avaloq Front (AF) or Avaloq Wealth is advantageous
• SQL or data analysis skills are advantageous
• Prior experience in a private bank, wealth manager, or Tier 1/2 banking institution is advantageous
• Knowledge of Agile delivery frameworks such as Scrum or SAFe is advantageous

Responsibilities

• Gather, analyse, and document business requirements from stakeholders across Wealth Management, Private Banking, and Operations functions
• Act as a subject matter expert on the Avaloq core banking system, advising on platform capabilities, configuration options, and best practices
• Produce high-quality business requirement documents, functional specifications, process maps, and user stories
• Work with Avaloqs Business Rule Framework, Script Language, and Reporting tools to define and validate solution designs
• Liaise with Avaloq vendor teams and internal developers to ensure requirements are correctly implemented
• Support system testing, including test case design, UAT coordination, and defect triage
• Analyse current-state processes and design improved future-state processes, identifying opportunities for automation and efficiency
• Support regulatory and compliance-driven change initiatives within the Avaloq environment
• Facilitate workshops, stakeholder interviews, and requirement walkthroughs
• Produce clear documentation and presentations for both technical and non-technical audiences
• Support project managers with planning, RAID logs, and status reporting as required

Technologies

• Avaloq
• Confluence
• Support
• JIRA
• SQL

More

We are seeking an experienced Business Analyst with a strong background in the Avaloq core banking platform to join our Change & Transformation team. This role sits at the intersection of business and technology, supporting the delivery of strategic initiatives across our Banking and Wealth Management divisions. We work closely with front-office, operations, and IT teams to translate business needs into clear requirements and support the configuration and enhancement of Avaloq-based solutions.

last updated 36 week of 2026

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