Raqmiyat

Discussion

Business Analyst - Banking

Open 31d

Role Summary

We are looking for an experienced Senior Business Analyst to contribute to large-scale transformation and modernization initiatives within the banking sector. This role will focus on translating business needs into technology-driven solutions while ensuring regulatory compliance, operational efficiency, and successful delivery of strategic programs.

The ideal candidate brings strong analytical expertise, solid exposure to banking operations, and hands-on experience managing the full business analysis lifecycle across complex financial environments.

Key Responsibilities

Business Analysis & Requirement Management

  • Lead requirement discovery activities through stakeholder discussions, workshops, and business process reviews.

  • Capture, analyze, and document business and functional requirements, including user stories and non-functional specifications.

  • Create process flows, use cases, workflow diagrams, and data mappings to support solution design.

  • Maintain end-to-end traceability of requirements throughout project delivery.

  • Ensure alignment between business objectives, regulatory expectations, and technical feasibility.

Banking Domain Knowledge

  • Apply domain expertise across areas such as Retail Banking, Corporate Banking, Payments, Digital Channels, Treasury, and Trade Finance.

  • Understand operational processes, business rules, and compliance considerations within banking environments.

  • Support adherence to UAE regulatory standards including Central Bank regulations, AML/CFT controls, KYC processes, risk governance, and reporting obligations.

  • Exposure to Lending, Cards, or Islamic Banking frameworks is considered beneficial.

Project Delivery & Solution Enablement

  • Work closely with Technology, Operations, Risk, Compliance teams, and external vendors.

  • Participate in solution design discussions and validate business alignment of proposed systems.

  • Support integration initiatives including API and middleware-based implementations.

  • Assist in SIT and UAT phases through test planning, scenario preparation, and defect tracking.

  • Contribute to deployment readiness and post-implementation assessments.

Process Improvement & Transformation

  • Analyze existing workflows to identify improvement and automation opportunities.

  • Recommend enhancements aligned with industry best practices and digital transformation goals.

  • Support initiatives involving platform upgrades, workflow automation, and system integrations.

Stakeholder & Vendor Collaboration

  • Engage cross-functional stakeholders to clarify scope, priorities, and requirements.

  • Assist with RFP/RFI preparation and vendor evaluation activities.

  • Communicate risks, dependencies, and project impacts clearly to stakeholders.

  • Facilitate collaboration and informed decision-making across teams.



Requirements

Technical Skills

  • Understanding of core banking and digital banking ecosystems.

  • Working knowledge of SQL and relational database concepts.

  • Experience with Agile collaboration tools (e.g., JIRA, Confluence, Azure DevOps).

  • Familiarity with APIs, integrations, middleware, and workflow platforms.

  • Ability to perform data analysis, reconciliation, and issue investigation.

  • Experience working within Agile and/or Waterfall delivery models.

Core Competencies

  • Strong analytical thinking and structured problem-solving ability.

  • Excellent documentation and stakeholder communication skills.

  • High attention to accuracy and quality.

  • Ability to manage multiple priorities in fast-paced environments.

  • Proactive ownership and delivery-focused mindset.

Experience Requirements

  • Minimum 8+ years of Business Analysis experience within Banking or Financial Services.

  • Expertise in at least one major banking domain (Retail, Corporate, Digital Banking, Treasury, or Payments).

  • Demonstrated experience managing end-to-end BA activities and stakeholder workshops.

  • Experience working across multi-team and vendor-driven environments.

  • Exposure to core banking transformation or large-scale system implementation programs is highly desirable.

Education & Certifications

  • Bachelor’s degree in Information Systems, Computer Science, or a related field.

  • CBAP certification is advantageous but not mandatory.

  • Agile/Scrum, PMP, or Business Process Management certifications are a plu



Show