Senior Business Analyst - (Banking Data & Regulatory Reporting)
Summary
Senior Business Analyst focused on banking data, regulatory reporting, and data transformation — analyzing complex banking processes, performing source-to-target data mapping, writing SQL for validation, and coordinating SIT/UAT across business, compliance, and technology teams.
Job Summary
We are seeking a Senior Business Analyst with specialised experience in banking data, regulatory reporting, financial crime compliance and enterprise data transformation initiatives.
The successful candidate will work across business, compliance, data and technology functions to analyse complex banking processes and data requirements, translate business needs into functional specifications, and support regional implementation and data transformation programmes.
The role requires strong knowledge of banking data structures and processes, together with practical experience in requirements analysis, data mapping, reconciliation, regulatory reporting, data migration and stakeholder management.
Key Responsibilities
Analyse complex business and data requirements across retail banking, wealth management, payments, brokerage and financial crime compliance functions.Conduct requirements elicitation, process analysis, gap analysis and impact assessment for banking and regulatory initiatives.Perform source-to-target mapping (STTM), field-level data mapping and transformation-rule analysis across multiple banking systems.Analyse customer, account, transaction, AML/KYC and regulatory reporting data and identify data quality, completeness and consistency issues.Define and document business rules, data definitions, data lineage and functional requirements for enterprise data initiatives.Support data migration and transformation programmes, including source analysis, data cleansing, validation, reconciliation and post-migration verification.Work with Data Engineering, ETL and technology teams to validate data ingestion, transformation and downstream reporting requirements.Analyse the impact of regulatory and compliance requirements on banking processes, customer data and transaction data structures.Support regulatory reporting and data governance initiatives involving customer classification, tax residency, AML/KYC and related compliance data.Develop SQL queries and validation logic for data quality checks, reconciliation, duplicate identification, null-value analysis and business-rule validation.Translate business requirements into functional specifications, user stories, acceptance criteria and test scenarios.Coordinate SIT/UAT activities, defect resolution, business validation and stakeholder sign-offs.Facilitate discussions between business users, Compliance, Risk, Product, Data Engineering, IT and external vendors.Support regional implementation initiatives involving multiple business and technology stakeholders.Track project issues, risks, dependencies and business impacts and provide status updates to relevant stakeholders.Support data governance and reporting initiatives to improve data accuracy, consistency, traceability and regulatory compliance.Contribute to continuous improvement of banking processes, data models and reporting solutions.
Requirements
Minimum 8 years of relevant experience in business analysis within banking, financial services or other highly regulated environments.Strong hands-on experience in requirements gathering, functional analysis, gap analysis and stakeholder management.Demonstrated experience in banking data analysis, data mapping, data migration or data transformation initiatives.Strong understanding of retail banking, wealth management, brokerage, payments, customer onboarding or financial crime processes.Experience working with AML/KYC, customer due diligence, regulatory reporting or financial crime-related data is highly advantageous.Experience in source-to-target mapping, data reconciliation, data quality assessment and business-rule definition.Working knowledge of SQL for data validation and analysis.Experience supporting SIT/UAT, test planning, defect management and business sign-off.Experience working with Agile delivery teams and cross-functional technology stakeholders.Strong documentation and communication skills, with the ability to translate complex business requirements into clear functional specifications.Experience coordinating stakeholders across multiple business units, technology teams and geographical markets will be an advantage.Familiarity with data governance, regulatory data requirements and banking compliance frameworks will be advantageous.Experience with JIRA, Microsoft Excel, PowerPoint and other business analysis tools.
Preferred Domain Experience
Candidates with experience in one or more of the following areas will be preferred:
Banking data and enterprise data martsRegulatory reporting and data governanceAML/KYC and financial crime complianceCustomer onboarding and CDDRetail and digital bankingWealth management and brokeragePayments and transaction processingBanking data migration and transformationSource-to-target mapping and reconciliationRegional banking implementation programmes
Key Skills
Business Analysis | Banking Data | Regulatory Reporting | Data Migration | Data Mapping | Data Transformation | AML/KYC | Financial Crime Compliance | Data Governance | Requirements Analysis | Gap Analysis | Impact Analysis | SQL | Data Quality | Reconciliation | SIT/UAT | Stakeholder Management | Agile | JIRA