Process Analyst

Process Analyst (Payroll)

Location: London (Hybrid)

6 Month Contract

Our leading UK Investment Banking client are currently looking for a Process Analyst to join their team on an initial 6 month contract.

Role Overview

The Business Process Analyst / Business Analyst will support the Payroll function within an investment banking environment, focusing on process review, controls, data integrity and stakeholder engagement.

Key Responsibilities

• Review and document current‑state payroll processes, identifying inefficiencies, risks and control gaps
• Develop tools to Perform detailed payroll reconciliations, investigating variances and resolving discrepancies across multiple data sources
• Use Excel extensively to build processes to analyse large datasets, build reconciliations, and produce clear management reporting
• Partner with Payroll, HR, Finance, Technology and Risk teams to gather requirements and understand business needs
• Act as an inquisitive challenger, asking the right questions to fully understand issues and root causes
• Design and recommend future‑state process improvements, including automation and control enhancements
• Support the implementation of new processes, ensuring changes are clearly documented and adopted
• Produce clear documentation including process maps, impact assessments and business requirements
• Assist with audit queries and regulatory requests related to payroll processes and controls

Key Skills & Experience

• Proven experience as a Business Analyst or Business Process Analyst, ideally within Payroll, Finance or Operations
• Strong Excel skills (e.g. pivots, lookups, reconciliations, data validation; VBA a plus)
• Solid experience performing financial or payroll reconciliations in a controlled environment
• Highly inquisitive and analytical mindset, with strong attention to detail
• Demonstrated ability to review current‑state processes and make practical, value‑adding recommendations
• Confident communicator with experience engaging and influencing stakeholders at varying levels of seniority
• Comfortable working in a fast‑paced investment banking or financial services environment
• Strong documentation and presentation skills, able to translate complexity into clear outputs

Guidant, Carbon60, Lorien & SRG - The Impellam Group Portfolio are acting as an Employment Business in relation to this vacancy.