Coforge
Technical Business Analyst
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Role: Taxonomy Business Analyst
Location: London, UK
Work mode: Hybrid - 3 days weekly from Central London
Type: 4-6 months Fixed-term contract
Years of Experience: 5-7 years
Budget: GBP 50-60K Annually
Skills: Taxonomy in Financial/banking sector
We at Coforge are looking for a Taxonomy Business Analyst in London, UK.
Role Overview
We are seeking an experienced Taxonomy Business Analyst to support enterprise-wide data governance, metadata management, and information architecture initiatives within a leading banking organization. The successful candidate will work closely with business stakeholders, data governance teams, regulatory reporting functions, and technology teams to define, maintain, and enhance business taxonomies, data classifications, and metadata standards across the bank.
Key Responsibilities
- Define, develop, and maintain business taxonomies, glossaries, metadata models, and data classification frameworks.
- Collaborate with business, risk, compliance, regulatory, and technology teams to capture and document taxonomy requirements.
- Analyze data domains, business processes, and regulatory requirements to ensure accurate classification of financial and banking data.
- Support data governance initiatives, including data quality, lineage, ownership, and stewardship activities.
- Facilitate workshops and stakeholder discussions to establish common business definitions and standards.
- Work with Data Management and Data Governance tools such as Collibra, Alation, Informatica, or similar platforms.
- Translate business requirements into clear functional specifications and user stories.
- Ensure taxonomy frameworks align with regulatory requirements such as BCBS 239, GDPR, and banking data standards.
- Support implementation and adoption of taxonomy standards across multiple business units.
- Produce business process documentation, gap analyses, governance reports, and presentation materials for senior stakeholders.
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Required Skills & Experience
- 5+ years of experience as a Business Analyst within Banking or Financial Services.
- Strong understanding of Data Governance, Metadata Management, Data Taxonomy, and Data Classification concepts.
- Experience working with enterprise data governance frameworks and data management tools.
- Strong stakeholder management and workshop facilitation skills.
- Experience documenting business requirements, user stories, process flows, and data dictionaries.
- Knowledge of banking products, regulatory reporting, risk, compliance, or finance functions.
- Excellent analytical, communication, and documentation skills.
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Preferred Skills
- Experience with Collibra, Alation, Informatica, or other Data Governance platforms.
- Familiarity with data lineage, data cataloguing, and reference data management.
- Understanding of ESG, Regulatory Reporting, Financial Crime, Risk, or Finance data domains.
- Knowledge of Agile delivery methodologies (Scrum/Kanban).
Education
- Bachelor's degree in Business, Finance, Information Management, Computer Science, or related discipline.
- Relevant certifications in Business Analysis, Data Governance, or Data Management are advantageous.
Key Competencies
- Business Analysis
- Data Governance
- Taxonomy & Metadata Management
- Banking Domain Knowledge
- Stakeholder Management
- Regulatory Compliance
- Requirements Gathering
- Agile Delivery
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