Middle​/Back Office Business Analyst

Middle / Back Office Business Analyst - Contract

Rate: £750-850pd umbrella - flex for the right experience

Location:

London

Longevity: 12 month

My client is seeking an experienced Business Analyst with strong asset management middle and back-office expertise to support a business change integration initiative. The successful candidate will act as a key liaison between business stakeholders and technology teams, ensuring operational requirements are clearly defined and delivered effectively.

• Partner with middle and back office stakeholders (Operations, Fund Accounting, Risk, Compliance, Treasury, Data, IT)
• Elicit, analyze, and document business requirements for system enhancements, regulatory initiatives, and operational improvements
• Translate business needs into clear functional and non-functional requirements
• Facilitate workshops, interviews, and walkthroughs with business and technical teams

• Fund accounting and NAV calculation
• Corporate actions and income processing
• Reconciliations (cash, positions, securities)
• Pricing and valuation
• Performance and reporting
• Risk and regulatory reporting
• Understand data flows across front, middle, and back office systems

• Support system implementations, upgrades, and vendor platforms (e.g., OMS, PMS, accounting platforms, data warehouses)
• Work closely with developers, QA, and vendors to ensure accurate delivery
• Assist with test strategy, test case creation, UAT coordination, and defect management
• Support data migration and integration initiatives

• Identify gaps, inefficiencies, and control issues in existing processes
• Propose and document improved workflows and operating models
• Maintain high-quality documentation (BRDs, FRDs, user stories, process flows)
• Support operational readiness, training, and post-implementation reviews

• Proven experience as a Business Analyst within asset management
• Strong knowledge of middle and back office operations
• Solid understanding of the investment management lifecycle
• Experience working with both business users and technical teams
• Strong analytical, problem-solving, and communication skills
• Experience with Agile and/or Waterfall delivery methodologies
• Proficiency in requirements documentation and process modeling tools

Mid-Senior level

Contract

• Consulting
• IT Services and IT Consulting and Financial Services