Sr Business Analyst

About the job

Job Title: Sr. Business Analyst

Job Domain: Banking

Job Location: Muscat, oman

Experience: 12+ years

job Type: On-Site

Key Responsibilities:

1. Collaborate with stakeholders, including business users and IT teams, to understand their needs, objectives, and pain points digital, core and corporate banking.

2. Analyse existing banking processes and workflows to identify areas for improvement and efficiency gains.

3. Work on projects related to digital banking channels such as online banking portals, mobile apps, and digital payment systems. Ensure a seamless and user-friendly experience for retail customers.

4. Engage in projects focused on serving the financial needs of businesses, including treasury management, corporate lending, and trade finance. Understand the complexities of corporate clients and design solutions that meet their requirements.

5. Use data analysis tools and techniques to extract insights and trends from banking data. This helps in making informed decisions and improving banking services.

6. Create detailed business requirement documents (BRDs), FSDs, TSDs, use cases, and user stories that outline the functional and non-functional requirements for digital and corporate banking projects.

7. Collaborate with QA teams to ensure that the developed solutions meet the specified requirements and are free of defects.

8. Act as a liaison between business units and technical teams, ensuring clear communication and alignment of objectives.

9. Stay updated on banking regulations and compliance requirements, especially in areas such as KYC (Know Your Customer) and AML (Anti-Money Laundering) for both retail and corporate banking.

Key Skills and Qualities:

1. Domain Knowledge: In-depth knowledge of digital banking, retail banking, and corporate banking processes, products, and trends.

2. **Analytical Skills:** Strong analytical skills to dissect complex problems, identify root causes, and propose data-driven solutions.

3. Communication:Excellent communication skills to interact with various stakeholders and convey technical information in a clear and understandable manner.

4. Technical Proficiency: Familiarity with banking software, data analysis tools, and project management tools is beneficial. Knowledge of technologies like APIs, mobile app development, and data analytics is a plus.

5. Adaptability:The banking industry is constantly evolving. Being adaptable and open to learning new technologies and concepts is crucial.

6. Regulatory Knowledge: Understanding of banking regulations, compliance requirements, and security standards is essential, especially in the financial industry.