About Us

BACB is a UK bank that offers trade finance and complementary products to clients in specialist markets, especially Africa and the Middle East.

We have been helping businesses with trade finance and complementary products for over half a century, focusing on trade flows to and from Africa and the Middle East as well as real estate in the UK.

Our in-depth knowledge of the countries and practices where our clients operate ensures that we put them first.

Additional Info

• Hybrid Working: 3 days onsite, 2 from home
• Location: City of London
• Contract Type: Permanent

Job Summary

This Functional BA role will be part of a small team of Functional BAs (team size: 3-4) and is responsible for business analysis, producing detailed functional and non-functional requirements, Project Management and participating in supporting Treasury Operations

The Functional Business Analyst will support both front and back-office Treasury operations by driving process improvements, system optimisation, and cross-functional alignment between Treasury, Finance, and IT. As the Treasury function adapts to increasing regulatory, risk management, and reporting requirements, this role is central to enhancing operational efficiency, control, and decision-making.

Key Work Outputs and Accountabilities

Process & System Optimisation

• Analyse and document existing Treasury workflows across cash management, funding, FX, and settlement operations.
• Support new initiatives and enhancements by capturing and documenting detailed functional requirements for IT implementation
• Identify inefficiencies, control gaps, and improvement opportunities in both front and back-office processes.
• Support Treasury Management System (TMS) enhancements, including configuration, automation, and reconciliation improvements

Stakeholder Alignment

• Act as the liaison between Treasury, Finance, IT, and third-party vendors to ensure system and process alignment.
• Translate business needs into functional specifications for IT and implementation partners.
• Facilitate business testing (UAT), training, and change adoption for new Treasury processes and tools

Regulatory & Risk Support

• Ensure functional solutions meet regulatory reporting and risk control requirements (e.g. MIFID).
• Support internal audit reviews and provide evidence for operational control testing

Data & Reporting

• Collaborate with Finance and Risk to support reporting enhancements related to liquidity, FX exposure, and intercompany positions.
• Improve data flows and data quality across Treasury systems and interfaces (e.g., TMS to GL).

Required Qualifications and Experience

• Extensive experience in Treasury, Finance Operations, or Business Analysis.
• Strong understanding of both front office (e.g., cash forecasting, dealing) and back office (e.g., settlements, confirmations) treasury functions.
• Experience with Treasury Management Systems
• Hands-on experience in Treasury operations, including Funding and Liquidity management, Cash management, FX/MM Operations, Interest rate risk management, Asset Liability Management
• Strong understanding of banking products: derivatives, bonds, FX, money markets.
• Clear understanding and knowledge of: - UK focussed liquidity and capital regulations (Basel III, LCR and NFSR). - Money Market, Fixed Income, Foreign Exchange, and Treasury products, Repos, Loans and Deposits
• Excellent understanding on Treasury’s risk management and regulatory reporting requirements.
• Support Treasury staff with training and development plans, strategic and tactical guidance
• Primary SME for Treasury and Loans related products
• Skilled at leveraging excellent written and oral communication skills to communicate effectively with stakeholders and ensure requirements are clear and unambiguous
• Effective stakeholder management skills with the ability to build strong engagement with SMEs, business sponsors, project stakeholders and supplier delivery teams
• Knowledge of business analysis tools, techniques and best practice approaches, including end-to-end requirements management and able to show pragmatism in being able to select and adapt the right approach for the right situation
• Participate in testing and validating new systems and processes to meet business requirements
• Awareness of the rationale for business analysis and the application of business analysis skills and techniques within the business change and software development life cycles
• Can quickly develop domain knowledge to engage with stakeholders effectively and credibly on the problem statement
• Accomplished problem-solver who constructively challenges the status quo, keeps an open mind and can develop innovative solutions
• Ability to apply Bank policies, procedures, standards and regulations to projects
• Understanding of core businesses (Treasury, Trade Finance, Payments and Real Estate) would be beneficial
• Post-secondary school education e. g. bachelor’s degree or equivalent
• Experience in automating or optimizing treasury operations.
• Exposure to digital transformation projects in banking.