Lorien

Senior Business Analyst
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📅 Date Posted

Feb 05, 2025

💼 Job Type

CONTRACTOR

💵 Rate

Unknown

Description

Our leading Financial Services client is looking for highly skilled Senior Business Analyst to join their team for a 6 months initial contract. Residential Mortgage experience is key for this role!

Scope of Role:
The successful candidate will play a key role in delivering a critical project for the client within the Lifetime Mortgages space. The role involves overseeing the migration of an existing mortgage book and the build-out of a new lending operation. This will require close collaboration with third parties, including Hodge, BCM, and other stakeholders.

The role is split into two primary workstreams:
1. Migration of Equity Release Mortgage Book:
- Manage the transfer of approximately 500 loans from the incumbent legal title holder to the client.
- Ensure the legal title transitions to SLLM and servicing migrates to BCM (existing supplier for SLLM).
- Lead all migration activities, including data mapping, reconciliation, and coordination across multiple third parties.

2. Development of New Lending Operations:
- Design and deliver the Target Operating Model (TOM) for the client's new lending operation.
- Oversee the production of customer-facing and internal documentation.
- Supervise the creation of third-party origination and servicing manuals.
- Coordinate deliverables across segregated IT functions and external partners.

Key Responsibilities:
- Define and manage the development of required documentation, including internal and customer-facing materials.
- Conduct detailed data mapping and analysis to support migration and ensure accuracy in reconciliation activities.
- Address NCOBS regulatory requirements throughout the project.
- Apply a hands-on, pragmatic approach to problem-solving, including implementing workarounds where necessary.
- Collaborate with third parties and internal teams to ensure project milestones are met.

Essential Skills and Experience:
- Strong experience in mortgage migrations, including data mapping, life cycle management, and reconciliation activities.
- Proven ability to design and deliver Target Operating Models (TOMs) and process workflows.
- Comprehensive knowledge of mortgage origination, servicing, and operations (including banking operations).
- Experience working across multiple third-party providers and managing complex stakeholder relationships.
- Advanced skills in data mapping, MI analysis, and attention to detail.
- Deep understanding of mortgage regulations and compliance, including NCOBS.
- Familiarity with API provisionand its role in mortgage servicing.
- Experience in processand system architecture is desirable.

Personal Attributes:
- Flexibleand adaptable ,with aproactiveand solution-driven mindset .
- Strongproblem-solving skillsandthe abilityto manage setbackswith resilience .
- Collaborativeandcapableof buildingrelationshipswithinternalandexternal stakeholders .
- Positive,"all-hands-on-deck" attitude,willingto stretchinto additional dutiesas needed .

If this isof interest ,please submit your CV . Carbon60,Lorien&SRG-The ImpellamGroup STEM Portfolioare actingas an EmploymentBusinessin relationto this vacancy .

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