RAF Business Analyst - HSBC

RAF Business Analyst | Treasury & Liquidity Risk

Locations Across the UK (Outside London)

Up to £560 per day (Umbrella)

Contract until end of October 2026

We are currently recruiting for an experienced RAF (Resolution Assessment Framework) Business Analyst to join a major regulatory change programme within a Tier 1 global bank . This role sits within Treasury and Liquidity Risk and offers the opportunity to work on high-profile regulatory initiatives with significant executive visibility.

We're looking for a Business Analyst who combines strong regulatory change experience with a solid understanding of Treasury, Liquidity Risk and IT delivery. You'll be responsible for translating regulatory and policy requirements into business and technology solutions, whilst engaging with stakeholders across Risk, Treasury, Technology and Governance functions.

Key Responsibilities

Business Analysis & Requirements

1. Elicit, analyse and document business, functional and non-functional requirements.
2. Produce key BA artefacts including BRDs, FRDs, process maps, business rules, user stories and traceability matrices.
3. Conduct as-is and to-be analysis, identifying gaps, impacts, assumptions and dependencies.
4. Facilitate workshops and working groups to drive clarity on requirements, scope and delivery outcomes.

Regulatory Change & Liquidity Risk

1. Translate liquidity regulatory requirements and internal policy into actionable business and technology requirements.
2. Partner with Treasury and Liquidity Risk stakeholders to ensure regulatory expectations are met.
3. Support the design and implementation of robust controls, governance and audit evidence frameworks.
4. Contribute to modelling activities and regulatory assessments.

IT Delivery & Testing

1. Support delivery across the full project lifecycle, from requirements through to implementation.
2. Assist with UAT planning, test scenario creation, defect management and business sign-off.
3. Support implementation readiness activities, operational handovers and business change adoption.

Governance & Executive Reporting

1. Produce high-quality Steering Committee packs, executive summaries, governance updates and decision papers.
2. Create impactful PowerPoint presentations for senior stakeholders.
3. Track actions, risks, issues and decisions to maintain strong governance and audit trails.

Essential Experience

1. Proven Business Analyst experience within Financial Services .
2. Strong background working on regulatory change, Treasury, Liquidity Risk or Risk transformation programmes .
3. Prior experience supporting Resolution Assessment Framework (RAF) programmes.
4. Experience operating across Agile and/or Waterfall delivery environments.
5. Good understanding of liquidity regulation and its impact on processes, controls, data and reporting.
6. Proven experience in modelling.
7. Excellent stakeholder management and communication skills.
8. Strong documentation skills with experience preparing materials for senior leadership audiences.
9. Advanced PowerPoint and governance reporting capabilities.
10. Ability to manage multiple priorities within a fast-paced delivery environment.

Desirable Experience

1. Treasury and Liquidity Risk reporting, governance and controls.
2. Regulatory evidence, audit requirements and requirements traceability.
3. Data mapping, data lineage, reconciliations and source-to-target analysis.