Settlements Business Analyst

Magnit Global is looking for a Settlements Business Analyst

Job description

Settlements SME / Business Analyst – T+1 Programme (Investment Banking)

6 month contract - £450 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


This is an excellent opportunity to join a high-impact regulatory and market infrastructure change programme within a global markets business, please follow the link for further details.

Extra information

Status
Open
Education Level
Secondary School
Location
City of London
Type of Contract
Full-time jobs
Published at
01-03-2026
Profession type
Accountancy
Full UK/EU driving license preferred
No
Car Preferred
No
Must be eligible to work in the EU
No
Cover Letter Required
No
Languages
English

Accountancy jobs | Full-time jobs | Secondary School

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