Business Analyst (Banking)

Responsibilities:

1. Data Analysis and Reporting:

   • Conduct comprehensive data analysis to identify trends, patterns, and insights related to banking operations.
   • Prepare and present detailed reports to stakeholders, highlighting key performance indicators, risks, and opportunities.

2. Requirement Gathering and Documentation:

   • Collaborate with stakeholders to understand business objectives and gather requirements for new projects or system enhancements.
   • Document detailed and clear business requirements, ensuring alignment with overall business goals.

3. Process Improvement:

   • Evaluate existing banking processes and systems to identify areas for improvement and efficiency gains.
   • Work with cross-functional teams to design and implement optimized processes that enhance operational effectiveness.

4. Regulatory Compliance:

   • Stay abreast of industry regulations and ensure that banking processes and systems comply with all relevant laws and standards.
   • Collaborate with compliance teams to implement necessary changes and updates to maintain regulatory compliance.

5. Project Management:

   • Lead or contribute to projects related to system implementations, process improvements, and other business initiatives.
   • Develop project plans, track milestones, and ensure timely delivery within scope and budget.

6. Risk Assessment:

   • Conduct risk assessments on banking processes and systems, identifying potential risks and proposing mitigation strategies.
   • Work closely with risk management teams to implement risk controls and monitor their effectiveness.

7. Stakeholder Communication:

   • Facilitate communication between business units, IT teams, and other stakeholders to ensure a common understanding of project objectives and requirements.
   • Act as a liaison between business and technical teams, translating business needs into technical specifications.

Requirements:

1. Experience:

   • Proven experience as a Business Analyst in the banking industry, with a track record of successful project delivery.
   • Familiarity with various banking products, services, and operations.
   • Preferred domains: Wealth, Digital, Payment, Mortgage, Insurance

2. Analytical Skills:

   • Strong analytical and problem-solving skills with the ability to interpret complex data and trends.
   • Experience in using analytical tools and techniques to derive actionable insights.

3. Communication Skills:

   • Excellent written and verbal communication skills, with the ability to convey technical information to non-technical stakeholders.
   • Strong presentation skills for communicating findings and recommendations.

4. Technical Proficiency:

   • Proficient in using business analysis tools, project management software, and Microsoft Office suite.
   • Familiarity with banking software and systems is a plus.

5. Regulatory Knowledge:

   • In-depth knowledge of banking regulations and compliance requirements.
   • Experience in implementing regulatory changes within banking processes.

6. Team Collaboration:

   • Ability to work collaboratively in cross-functional teams, fostering a positive and productive team environment.
   • Strong interpersonal skills to build and maintain relationships with stakeholders.

7. Adaptability:

   • Ability to adapt to changing business needs and priorities.
   • Comfortable working in a dynamic and fast-paced environment.

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