Finance Business Analyst
1 week ago
We are seeking an experiencedBusiness Analyst with expertise inOpen Finance to join our team. The ideal candidate will have astrong understanding of open banking frameworks, financial APIs,and regulatory requirements, coupled with experience in analyzingand delivering financial solutions. Familiarity with platforms likeTarabut Gateway or similar is highlypreferred.
Skills AndQualifications
- Proven experience as a BusinessAnalyst, preferably in Open Finance or OpenBanking.
- Familiarity with platforms likeTarabut Gateway or similar.
- Strong knowledge offinancial APIs, data sharing protocols, and industrystandards.
- Excellent communication andstakeholder management skills.
- Understanding ofregulatory frameworks such as PSD2, GDPR, or similar.
PreferredQualifications
- Experience in Agilemethodologies.
- Knowledge of API integration andtesting.
RequirementsGathering andAnalysis:
- CollectRequirements: Meet with stakeholders (businessleaders, end-users, project managers, etc.) to understand theirneeds, challenges, and businessgoals.
- DocumentRequirements: Create detailed documentation such asBusiness Requirements Documents (BRD),Functional Requirements Documents(FRD), and User Storiesthat outline the business requirements for ITteams.
- AnalyzeData: Review and analyze existing data and processesto identify inefficiencies, bottlenecks, and opportunities forimprovement.
ProcessImprovement:
- ProcessMapping: Use tools likeVisio,Bizagi, orLucidchart to create flowcharts,diagrams, and process models that visualize current processes(as-is) and suggest future improvements(to-be).
- Reengineering BusinessProcesses: Suggest changes to current businessprocesses, workflows, or systems to streamline operations andimprove efficiency.
- Lean and SixSigma Methodology: Apply lean methodologies orSix Sigma principles to identify areaswhere waste can be reduced and processes can beoptimized.
StakeholderManagement:
- LiaiseBetween Stakeholders: Act as a liaison betweenbusiness units and technical teams, ensuring that the businessrequirements are well understood and translated into functionalsystemspecifications.
- Communication:Effectively communicate business needs, objectives, and progresswith various stakeholders, including senior management, departmentheads, and ITteams.
SolutionDesign andValidation:
- SolutionAssessment: Work with technical teams (developers,architects, testers) to design solutions that meet businessrequirements and align with the organization's strategicobjectives.
- Test and ValidateSolutions: Ensure that proposed solutions are testedthoroughly, verifying that the business requirements are being met.Participate in User Acceptance Testing (UAT) and support thedeploymentphase.
BusinessCaseDevelopment:
- Cost-BenefitAnalysis: Conduct cost-benefit analysis forpotential solutions, evaluating the financial impact, feasibility,and risks associated with theimplementation.
- ROIAssessment: Develop business cases that support thejustification for the development or procurement of new systems orprocesses.
AnalyticalThinking:
- Ability tobreak down complex business processes and translate them intoclear, actionable requirements.
- Strongproblem-solving skills to identify root causes and proposeeffectivesolutions.
CommunicationSkills:
- Strong verbaland written communication skills to explain complex concepts in asimple and understandable way tostakeholders.
- Ability to facilitate meetingsand document requirements and findingsclearly.
StakeholderManagement:
- Ability tomanage relationships with different stakeholders, understandingtheir needs, and managingexpectations.
- Expertise in negotiating andbalancing competing interests between business and technicalteams.
TechnicalKnowledge:
- Familiaritywith IT systems and technologies to ensure that businessrequirements are aligned with technicalcapabilities.
- Understanding of systemarchitecture, software development lifecycle, and methodologieslike Agile,Waterfall, orScrum.
BusinessProcessModeling:
- Proficiencyin tools like Microsoft Visio,Lucidchart, or BPMN(Business Process Model and Notation) to createvisual processmodels.
RequirementsDocumentation:
- Abilityto create clear, concise documentation (Business RequirementsDocuments, Functional Specifications, etc.) and work with variousstakeholders to validate thesedocuments.
ProjectManagement:
- Familiaritywith project management methodologies and tools (e.g.,Jira,Trello,Asana) to track requirements,milestones, and progress.
- Knowledge of riskmanagement and timeline management to ensure projects are completedsuccessfully.
DataAnalysis andReporting:
- Ability toanalyze data using tools like Excel,Power BI, orTableau to generate insights fordecision-making.
- Skills in creating reports ordashboards for stakeholders to track businessperformance.
ChangeManagement:
- Knowledgeof change management principles to guide the organization throughtransitions smoothly.
- Ability to train andsupport users to ensure the adoption of new processes orsystems.
BusinessAnalysis,Business Consultancy,Business Finance
Employment Type : Full-time
Department / Functional Area: BusinessAnalytics
Experience: years
Gender: Male
Vacancy: 1
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