Senior Business Analyst – T+1 Programme (Investment Banking)

6 month contract - £600 - £700 per day inside IR35

London/hybrid role, 3 days a week in the office

A leading global investment bank is seeking an experienced Settlements Subject Matter Expert (SME) and Business Analyst to support a critical Markets Operations transformation programme focused on T+1 settlement readiness.

This is a hands-on delivery role requiring deep operational expertise across end-to-end settlement lifecycles, strong business analysis capability, and the ability to operate across Front Office, Technology, and external market infrastructures.

The Role

You will play a key role in preparing the organisation for the transition to a shortened settlement cycle (T+1), supporting the assessment and redesign of settlement processes to ensure they are resilient, scalable, and aligned with evolving regulatory and market requirements.

Key responsibilities include:

• Undertaking detailed analysis of end-to-end settlement processes to identify gaps, risks, and dependencies under
• T+1Eliciting, documenting, and validating business requirements across Operations, Front Office, and Technology
• Mapping current and target state processes, driving improvements in STP, controls, affirmation, allocation, matching, and exception management
• Partnering with Technology to translate business requirements into functional specifications and support solution design
• Supporting test strategy, UAT execution, and validation against T+1 requirements
• Identifying operational bottlenecks, control gaps, and settlement risks, supporting remediation planning
• Providing structured updates to senior stakeholders on delivery progress and readiness milestones
• Supporting documentation and handover into BAU to ensure sustainable adoption post-implementation

Key Skills & Experience

• Strong Settlements expertise within a sell-side / Investment Banking environment
• Proven experience delivering operational change within back-office functions
• Experience working on T+1 initiatives highly desirable
• Strong Business Analysis capability (requirements gathering, process mapping, gap analysis, test support)
• Solid understanding of settlement lifecycles across asset classes
• Fixed Income and derivatives product knowledge advantageous
• Ability to engage senior stakeholders and operate in a cross-functional delivery environment