Senior Business Analyst in Innovation and Fintech

Senior Business Analyst in Payments Innovation and Fintech

Leeds, United Kingdom

Location - Leeds only.

Directorate Overview

The newly established Payments Innovation and Fintech Directorate (PIFD) sits at the heart of the Bank’s mission by ensuring innovation in money and payments can support UK monetary and financial stability.

We lead high profile projects shaping the future of UK payments, including next-generation infrastructure, wholesale payments innovation and the digital pound. We also coordinate the Bank’s wider innovation and technology policy, working across teams to influence areas of growing fintech importance.

PIFD brings together five specialist divisions:

• Payments Innovation Technology (PIT, where this role sits)
• Retail Payments & Digital Pound Product Design
• Policy & International Strategy
• Wholesale Payments

Together, we aim to build a world-class UK payments ecosystem and shape policy, product design and innovation across the sector.

Division Overview

The Payments Innovation Technology(PIT) division delivers payments technology and deliveryexpertisealong with experiments and designs products to support next-generation infrastructure, digital pound and wholesale payments objectives.

Role Description

This role is for Business Analysts to join our Experiments team, working very closely with our Engineering team. These teams are responsible for managing and delivering experiments across the Directorate, including the continued development and future evolution of the Digital Pound Lab.

We are looking for candidates who can bridge the gap between technology and business worlds, to understand both, and to act as facilitators, translators, and drivers of change.

Day-to-day your responsibilities
will include:

• Capturing and documenting business processes and requirements to establish a common understanding amongst both business and technical stakeholders.
• Working with engineers, architects, and other stakeholders to translate business goals into clear product requirements.
• Supporting prioritisation of the team’s backlog, based on value, risk, and technical constraints.
• Facilitating sprint ceremonies and requirements workshops to ensure clarity and alignment.
• Creating and maintaining documentation such as user journeys, acceptance criteria, data flows, and feature definitions.
• Ensuring effective communication across engineering, design, and business teams, keeping everyone aligned on status and direction.
• Mapping and optimising business processes, identifying pain points, and proposing improvements.

Role Requirements

• Experience as a Business Analyst, Product Owner, or similar role within a technical or engineering-focused environment.
• Hands-on experience with Agile delivery practices and working closely with cross-functional teams.
• Competence in creating documentation such as process maps, workflows and user stories.
• Strong ability to break down complex problems into clear, structured requirements.
• Excellent communication skills – ability to explain technical concepts to non‑technical audiences (and vice versa).
• Ability to gather insights from data, user feedback, and research to inform prioritisation and product decisions.
• Comfort managing competing priorities and proposing trade-off decisions with stakeholders.
• Experience working in an engineering-heavy or cloud / platform / infrastructure domain.
• Hands-on exposure to collaborative and workflow management tools like Jira, Confluence, Git Hub, or similar.
• Understanding of APIs, data integration, or system architecture fundamentals.
• Relevant certifications or Agile-related qualifications.
• Experience or a strong interest in payments and/or digital currency technologies.

The Bank values diversity, equity and inclusion. We play a key role in maintaining monetary and financial stability, and to do that effectively, we believe we need a workforce that reflects the society we serve.

At the Bank of England, we want all colleagues to feel valued and respected, so we're working hard to build an inclusive culture which supports people from all backgrounds and communities to be at their best  celebrate all forms of diversity, including (but…