Senior Data Business Analyst

London, Hybrid
Lab49 – Data Analytics /
Contractor /
The Role
Lab49 is growing their Lab Data Analytics team and currently has an opportunity for an experienced Data Business Analyst to join our Commercial Banking team. The ideal candidate will have a deep understanding of both data analytics and commercial banking operations. In this role, you will collaborate with stakeholders across business units to gather, analyze, and translate data to support the digitalization of commercial banking activities.
You'll need to have:
•  Have reasonable understanding of Commercial Banking domain.
•  Able to understand reasonable level of technical details about software systems - protocols, APIs, etc.
•  Able to understand, collect and organize data about data moving between applications and their structure, data types etc.
•  SQL knowledge would be helpful, but not a showstopper.
•  Able to understand and write xml or json or any other structural schema formats, yaml, nice to have, otherwise excel will do.
•  Able to document mapping and transformating logic.
•  Able to capture and document flows, ideally in IDEF or other structured notation.
Data Analysis and Reporting:
• Liaise with Product team to determine data required to support the functionality in the UI.
• Liaise with the Product team to determine the data required to be returned to the core systems to execute the activities initiated in the UI.
• Determine the golden sources of the required data and the data model used in them
Regulatory Compliance:
• Ensure data analysis and reporting activities adhere to regulatory requirements within the commercial banking sector.
Data Modeling and Integration:
• Develop and maintain data models specific to commercial banking needs, ensuring alignment with industry best practices.
• Collaborate with IT teams to integrate and streamline data sources for improved data accuracy and accessibility.
Stakeholder Engagement:
• Engage with key stakeholders, including technology and operations teams, to understand systems, sources of data and data requirements of banking functions.
• Serve as a liaison between technical teams and business stakeholders to facilitate effective communication.
•  Bachelor's degree in Business, Finance, Data Science, or a related field.
•  Proven experience as a Data Business Analyst within the commercial banking domain.
•  Strong understanding of commercial banking products, processes, and regulatory requirements.
•  Proficiency in data analysis tools such as SQL, Excel, and business intelligence platforms.
•  Knowledge of risk management principles and practices in the commercial banking context.
•  Excellent communication and presentation skills, with the ability to convey complex data insights to non-technical stakeholders.
•  Familiarity with data modeling concepts and techniques.
Lab49/ION is committed to maintaining a supportive and inclusive environment for people with diverse backgrounds and experiences. We respect the varied identities, abilities, cultures, and traditions of the individuals who comprise our organization and recognize the value that different backgrounds and points of view bring to our business.
Lab49/ION adheres to an equal employment opportunity policy that prohibits discriminatory practices or harassment against applicants or employees based on any legally impermissible factor.