Business Analyst – Trading Operations & Regulatory Change

Business Analyst – Trading Operations & Regulatory ChangeLondon- (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 lifecycle processes, from trade inception through to settlement, across multiple product lines (e.g. derivatives, lending, securities finance)Develop comprehensive Business Requirements Documents (BRDs) covering operational processes, system interactions, external connectivity, risks, dependencies, and implementation constraintsConduct detailed current-state and target-state process mapping, including workflows, system touchpoints, data flows, and decision logicSupport the design and evolution of the European target operating model, aligned to new legal entity requirements and regulatory expectationsAnalyse and document market infrastructure and external connectivity, including clearing houses, settlement systems, market data providers, and regulatory repositoriesDefine data requirements, interface specifications, and message formats to support system and process integrationDocument regulatory reporting obligations and controls (e.g. EMIR, MiFID), ensuring alignment with compliance and jurisdictional requirementsIdentify and engage key stakeholders across operations, technology, and change, facilitating workshops and validating requirements with SMEsProduce high-quality process documentation, including flowcharts, BPMN diagrams, and RACI matricesSupport delivery through to implementation and go-live, including validation, testing readiness, and execution planningKey Skills and Experience:Proven experience as a Business Analyst within financial services operationsStrong understanding of front-to-back trade lifecycle processes across capital markets productsExperience with process mapping, business analysis, and documentation tools (e.g. BPMN, Visio, JIRA, Confluence)Familiarity with market infrastructure and external connectivity, including clearing, settlement, and market data flowsKnowledge of regulatory reporting frameworks (e.g. EMIR, MiFID) and associated data and control requirementsExperience supporting target operating model design and/or legal entity setup initiativesStrong stakeholder management and communication skills, with the ability to work across business and technology teamsAbility to operate as a self-starter in a fast-paced, ambiguous environment, proactively driving analysis and validating assumptionsExperience working across European jurisdictions and/or on Brexit-related change is advantageousOur people The ideal consultants will share our values and be aligned with our ways of working and as your career progresses, you can expect to work across all areas of the project lifecycle, from strategy to implementation. This will provide you with a broad base of experience from which to build an outstanding career.The ideal consultants will share our values and be aligned with our ways of working and as your career progresses, you can expect to work across all areas of the project lifecycle.We pride ourselves on;Providing our people with a supportive culture, rooted in our values and driven by our purpose.Promoting a culture of inclusion, collaboration, well-being, and learning and development.Providing increased agility and flexibility within our hybrid working modelInvesting in employees’ growth through ongoing training and developmentAutonomy to take ownership of projects, making decisions and demonstrating individual expertiseProviding an transparent performance and career management experience.Our consultants are integral to deliveri