T1 Settlements Business Analyst

A leading global investment bank is seeking an experienced T1 Settlements Business Analyst for a six-month contract in London. Play a key part in the transition to T1 settlements across multiple asset classes Hybrid 2-3 days a week in the London City Office Competitive day rate Your Role:
Analyze end-to-end settlement processes to identify gaps and risks related to the T1 transition. Gather and document business requirements from stakeholders (Operations, Front Office, Technology) and align them with regulatory standards. Map current vs. target-state workflows to improve automation, reduce manual interventions, and enhance controls. Collaborate with Technology teams to translate business needs into functional specifications and support solution design.

Lead User Acceptance Testing (UAT), including test planning, execution, and validation of outcomes. Identify operational risks and dependencies; escalate issues and support remediation planning. Provide regular updates to senior stakeholders on project progress and readiness for T1 implementation. Document processes and procedures for seamless handover into Business-As-Usual (BAU). Facilitate knowledge transfer by upskilling onshore/offshore teams for long-term sustainability of new processes.

Your Profile:

Extensive experience as a Settlements Subject Matter Expert within financial services or Markets Operations (multi-asset class exposure preferred). Proven T1 settlements experience, including involvement in regulatory-driven change programs. Strong ability to gather business requirements and contribute to technical design documents for process improvements. Track record in gap analysis between current and target-state workflows within regulated environments. Experience in developing test strategies and supporting UAT for large-scale change initiatives.

Excellent problem-solving skills with the ability to escalate issues effectively when needed. Strong communication skills for creating clear documentation and presenting updates to senior stakeholders. Collaborative mindset with the ability to work across Operations, Front Office, Technology teams, and external providers. Knowledge of market trends related to settlements and willingness to engage in relevant industry forums or working groups. Robert Walters Operations Limited is an employment business and employment agency and welcomes applications from all candidates