£358 Per day
Inside
Undetermined
Glasgow, Scotland
Summary: The Business Analyst role involves delivering accurate and automated reconciliation processes across complex financial systems. The analyst will analyze transaction flows, identify mismatches, and support enhancements in reconciliation tooling while collaborating with various teams to ensure compliance and reporting accuracy. This position is based in Glasgow and requires a strong background in financial operations and data analysis. The contract is set to last until December 31, 2026.
Key Responsibilities:
- Analyse current reconciliation processes (transaction, settlement, fees, GL, suspense, exception management, etc.).
- Gather, document, and validate business requirements for reconciliation improvements and system transformations.
- Define data mapping rules, matching logic, exception criteria, and break classification frameworks.
- Translate business needs into functional specifications for technology teams.
- Perform deep-dive analysis on transaction, payment, and settlement datasets to identify errors, mismatches, and root causes.
- Develop analysis artefacts including data dictionaries, lineage diagrams, and flow visualisations.
- Work with finance, operations, and product teams to resolve recon breaks and track them to closure.
- Validate data integrity across multi source platforms (core banking, gateways, payment processors, GL systems).
- Support implementation of reconciliation tools (eg, Fiserv/ReconNET, FIS Intellimatch, SmartStream TLM, Oracle FS).
- Contribute to automation of matching rules, break workflows, and reporting dashboards.
- Participate in UAT planning, test case creation, execution, and defect management.
- Support migration and transformation activities involving new platforms, system upgrades, or regulatory changes.
- Ensure reconciliation processes align with regulatory, audit, and compliance standards.
- Produce MI dashboards and insights for senior stakeholders on break trends, volumes, and SLA performance.
- Maintain strong documentation covering processes, controls, test results, and operational procedures.
Key Skills:
- Strong experience in reconciliation processes within banking, payments, merchant acquiring, cards, or financial operations.
- Advanced data analysis skills using SQL, Excel, Power BI/Tableau, or similar tooling.
- Understanding of transaction lifecycles across payments, settlement, GL posting, and ledger systems.
- Experience working with reconciliation platforms or building custom matching logic.
- Strong analytical and problem solving skills with ability to translate data insights into actions.
- Excellent documentation skills (BRD, FRD, data mapping, rules definition, workflows).
- Ability to work with cross functional teams across business, finance, operations, and technology.
Salary (Rate): £358 per day
City: Glasgow
Country: Scotland
Working Arrangements: undetermined
IR35 Status: inside IR35
Seniority Level: undetermined
Industry: Other
We are a Global Recruitment specialist that provides support to the clients across EMEA, APAC, US and Canada. We have an excellent job opportunity for you.
Role Title: Business Analyst
Location: Glasgow
Duration: 31/12/2026
Days on site: 2-3
Role Description:
The Business Data Analyst will play a key role in delivering accurate, efficient, and automated reconciliation processes across complex financial systems. This role is responsible for analysing end to end transaction flows, identifying mismatches, defining data transformation rules, supporting reconciliation tooling enhancements, and ensuring controlled resolution of breaks. The analyst will collaborate closely with business, operations, technology, and risk teams to strengthen reconciliation accuracy, compliance, and reporting.
Key Responsibilities
Business Analysis & Requirements
- Analyse current reconciliation processes (transaction, settlement, fees, GL, suspense, exception management, etc.).
- Gather, document, and validate business requirements for reconciliation improvements and system transformations.
- Define data mapping rules, matching logic, exception criteria, and break classification frameworks.
- Translate business needs into functional specifications for technology teams.
Data Analysis & Reconciliation
- Perform deep-dive analysis on transaction, payment, and settlement datasets to identify errors, mismatches, and root causes.
- Develop analysis artefacts including data dictionaries, lineage diagrams, and flow visualisations.
- Work with finance, operations, and product teams to resolve recon breaks and track them to closure.
- Validate data integrity across multi source platforms (core banking, gateways, payment processors, GL systems).
Transformation & Automation
- Support implementation of reconciliation tools (eg, Fiserv/ReconNET, FIS Intellimatch, SmartStream TLM, Oracle FS).
- Contribute to automation of matching rules, break workflows, and reporting dashboards.
- Participate in UAT planning, test case creation, execution, and defect management.
- Support migration and transformation activities involving new platforms, system upgrades, or regulatory changes.
Controls & Reporting
- Ensure reconciliation processes align with regulatory, audit, and compliance standards.
- Produce MI dashboards and insights for senior stakeholders on break trends, volumes, and SLA performance.
- Maintain strong documentation covering processes, controls, test results, and operational procedures.
Required Skills & Experience
- Strong experience in reconciliation processes within banking, payments, merchant acquiring, cards, or financial operations.
- Advanced data analysis skills using SQL, Excel, Power BI/Tableau, or similar tooling.
- Understanding of transaction lifecycles across payments, settlement, GL posting, and ledger systems.
- Experience working with reconciliation platforms or building custom matching logic.
- Strong analytical and problem solving skills with ability to translate data insights into actions.
- Excellent documentation skills (BRD, FRD, data mapping, rules definition, workflows).
- Ability to work with cross functional teams across business, finance, operations, and technology.
Preferred Qualifications
- Experience with large-scale transformation/migration programmes (Payments, Finance, or Core Banking).
- Familiarity with ISO 8583/20022 messages, card scheme settlement files, merchant acquiring flows, or payment gateway data.
- Knowledge of regulatory requirements related to reconciliation and financial reporting.
- Exposure to automation technologies (Python, Alteryx, SQL scripting, or cloud-based data pipelines).
- Experience with Agile delivery frameworks (Scrum, Kanban).
Soft Skills
- Strong stakeholder management and communication skills.
- Ability to work in fast-paced project environments with tight deadlines.
- Detail-oriented mindset with high accountability for accuracy.
- Proactive approach to issue identification and resolution.
If you are interested in this position and would like to learn more, please send through your CV and we will get in touch with you as soon as possible. Please note, candidates are often Shortlisted within 48 hours.