Business Analyst - Target Operating Model

City of London Temporary £650 - £750 per day View Job Description
We are seeking a highly skilled and motivated Business Analyst with deep expertise in Transaction Banking and Client Lifecycle Management (CLM), to support the design and delivery of a comprehensive Target Operating Model (TOM). The ideal candidate will have strong experience in large-scale transformation programs within financial institutions, particularly around onboarding, KYC, account opening, and ongoing client maintenance.
  • Well known Financial Services organisation based in London
  • Are looking for a Business Analyst to join them on a contract basis

About Our Client

This company is a well-established organisation within the financial services industry.

Job Description

The role will involve:

  • Lead the development of a robust and scalable Target Operating Model for transaction banking processes, with a focus on the end-to-end client lifecycle.
  • Conduct current state analysis, identify pain points, and propose improvements aligned with strategic business objectives.
  • Engage with key stakeholders to gather and document business requirements related to client onboarding, due diligence, KYC, account setup, maintenance, and offboarding.
  • Define and validate business processes, workflows, and use cases across client lifecycle touchpoints.
  • Collaborate with Technology teams to ensure business requirements are translated into functional specifications and system designs.
  • Facilitate workshops and stakeholder interviews to capture functional and non-functional requirements.
  • Support testing, change management, and training efforts as part of the operating model implementation.
  • Produce high-quality documentation, including business requirements, process maps, gap analyses, and TOM blueprints.
  • Track progress against deliverables, report risks and issues, and ensure alignment with project timelines.

The Successful Applicant

The successful candidate should have:

  • Proven experience in business analysis within the financial services sector.
  • A strong understanding of Target Operating Models and their applications, and prior experience creating Target Operating Models
  • A strong understanding of CLM and Transaction Banking
  • Expertise in consultancy, strategy, and change management.
  • Excellent stakeholder engagement and communication skills.
  • Proficiency in documenting and presenting complex business processes.
  • An analytical mindset with attention to detail and problem-solving skills.

What's on Offer

  • Competitive daily rate
  • Hybrid work environment
  • Engagement in high-impact projects focused on strategy and operational change.



Contact
Lucy McPhail
Quote job ref
JN-082025-6808716
Phone number
+442072691740

Job summary

Job function
Banking & Financial Services
Subsector
Business Analysis / Change / PMO
Sector
Financial Services
Location
City of London
Contract type
Temporary
Consultant name
Lucy McPhail
Consultant phone
+442072691740
Job reference
JN-082025-6808716