Business Analyst
Posted Today by Korn Ferry
£550 Per day
Outside
Hybrid
Leeds, England, United Kingdom
Summary: A Financial Services client in the North West is seeking a Mortgage Migration Business Analyst to facilitate the migration of mortgage products and customer data from legacy systems to a new platform. The role involves collaboration with various stakeholders to ensure compliance and accuracy during the migration process, requiring strong mortgage domain knowledge and hands-on experience. The analyst will translate complex business requirements into functional specifications while engaging with technical teams and vendors. This position is initially for a 6-month engagement on a hybrid working basis.
Key Responsibilities:
- Elicit, analyse, and document business requirements related to mortgage product and system migration.
- Understand end-to-end mortgage lifecycle processes including origination, servicing, collections, arrears, and redemption.
- Analyse differences between legacy and target mortgage systems (gap analysis).
- Define business rules for product mapping, interest calculations, fees, charges, and payment hierarchies.
- Work with data and technical teams to define source-to-target data mappings.
- Validate data transformation rules and migration logic.
- Support data cleansing, reconciliation, and exception handling activities.
- Review and sign off migration outputs, ensuring accuracy and completeness.
- Act as a liaison between business users, IT, vendors, and third-party providers.
- Facilitate workshops, walkthroughs, and design reviews.
- Translate complex technical concepts into business-friendly language.
Key Skills:
- Proven experience as a Business Analyst on mortgage migration or core banking transformation projects.
- Strong knowledge of mortgage products and servicing (e.g. fixed, variable, trackers, interest-only).
- Hands-on experience with data migration and reconciliation.
- Strong requirements documentation skills (BRDs, FRDs, user stories).
Salary (Rate): £550.00/daily
City: Leeds
Country: United Kingdom
Working Arrangements: hybrid
IR35 Status: outside IR35
Seniority Level: undetermined
Industry: Other
A Financial Services client based in the North West is looking for a Mortgage Migration Business Analyst to support the migration of mortgage products, customer data, and servicing processes from legacy platforms to a target system. The role will work closely with business stakeholders, technology teams, vendors, and regulatory partners to ensure accurate, compliant, and low-risk migration outcomes. This position requires strong mortgage domain knowledge, hands-on migration experience, and the ability to translate complex business requirements into clear functional and data specifications.
Key Responsibilities:
- Mortgage & Business Analysis
- Elicit, analyse, and document business requirements related to mortgage product and system migration.
- Understand end-to-end mortgage lifecycle processes including origination, servicing, collections, arrears, and redemption.
- Analyse differences between legacy and target mortgage systems (gap analysis).
- Define business rules for product mapping, interest calculations, fees, charges, and payment hierarchies.
- Data Migration
- Work with data and technical teams to define source-to-target data mappings.
- Validate data transformation rules and migration logic.
- Support data cleansing, reconciliation, and exception handling activities.
- Review and sign off migration outputs, ensuring accuracy and completeness.
- Stakeholder Engagement
- Act as a liaison between business users, IT, vendors, and third-party providers.
- Facilitate workshops, walkthroughs, and design reviews.
- Translate complex technical concepts into business-friendly language.
Required Skills & Experience:
Essential:
- Proven experience as a Business Analyst on mortgage migration or core banking transformation projects
- Strong knowledge of mortgage products and servicing (e.g. fixed, variable, trackers, interest-only)
- Hands-on experience with data migration and reconciliation
- Strong requirements documentation skills (BRDs, FRDs, user stories)
This is an initial 6 month engagement working Hybrid in the North West on an Outside IR35 basis.
Desired Skills and Experience
- Mortgage & Business Analysis
- Elicit, analyse, and document business requirements related to mortgage product and system migration.
- Understand end-to-end mortgage lifecycle processes including origination, servicing, collections, arrears, and redemption.
- Analyse differences between legacy and target mortgage systems (gap analysis).
- Define business rules for product mapping, interest calculations, fees, charges, and payment hierarchies.
- Data Migration
- Work with data and technical teams to define source-to-target data mappings.
- Validate data transformation rules and migration logic.
- Support data cleansing, reconciliation, and exception handling activities.
- Review and sign off migration outputs, ensuring accuracy and completeness.
- Stakeholder Engagement
- Act as a liaison between business users, IT, vendors, and third-party providers.
- Facilitate workshops, walkthroughs, and design reviews.
- Translate complex technical concepts into business-friendly language.
About Korn Ferry
Korn Ferry unleashes potential in people, teams, and organizations. We work with our clients to design optimal organization structures, roles, and responsibilities. We help them hire the right people and advise them on how to reward and motivate their workforce while developing professionals as they navigate and advance their careers.
To learn more, please visit Korn Ferry at www.Kornferry.com