Precision Technologies

Senior Business Analyst

Precision Technologies
6 - 10 years
United States
Full-time
Remote
1 month ago

About the role

Job title: Senior Business Analyst
Location: New Jersey (Onsite)
Employment Type: Full-time (W2 only, No C2C)
Experience: 10+ Years
Job Summary: We are seeking a highly experienced Business Analyst (Banking & Finance) with 10+ years of professional experience in analyzing business processes, gathering requirements, and delivering data-driven solutions within the banking and financial services domain . The ideal candidate will have strong expertise in business analysis, financial systems, regulatory compliance, data analysis, and stakeholder management . The candidate will collaborate with business stakeholders, product owners, IT teams, and regulatory bodies to deliver high-quality solutions aligned with business goals and compliance standards.
Key Responsibilities:
  • Gather, analyze, and document business requirements, functional requirements, and non-functional requirements using techniques such as BRD, FRD, use cases, and user stories within banking and financial systems .
  • Work closely with stakeholders, business users, and product owners to understand business needs related to retail banking, corporate banking, payments, lending, risk management, and capital markets .
  • Conduct business process analysis, process modeling, and process re-engineering using tools such as Visio, BPMN, and workflow diagrams , improving operational efficiency.
  • Perform data analysis and data mapping using SQL, Excel, and data visualization tools , ensuring accurate data flow across financial systems.
  • Support implementation of core banking systems, payment systems, and financial applications , ensuring alignment with business requirements and regulatory standards.
  • Ensure compliance with financial regulations and standards such as Basel III, AML (Anti-Money Laundering), KYC (Know Your Customer), GDPR, and SOX , supporting audit and compliance initiatives.
  • Collaborate with development and QA teams to define acceptance criteria, test scenarios, and test cases , ensuring successful system implementation and validation.
  • Perform gap analysis, impact analysis, and risk analysis to identify system improvements and business process enhancements.
  • Facilitate Agile/Scrum ceremonies such as sprint planning, backlog grooming, daily stand-ups, and retrospectives , ensuring smooth project delivery.
  • Create and maintain documentation, reports, dashboards, and business insights using tools such as Tableau, Power BI, or Excel , enabling data-driven decision-making.
  • Support UAT (User Acceptance Testing) by coordinating with business users, validating system functionality, and ensuring business requirements are met.
  • Work with API integrations and digital banking platforms , ensuring seamless data exchange between internal and external systems.
  • Assist in product lifecycle management , including requirement prioritization, roadmap planning, and release management .
  • Collaborate with cross-functional teams including IT, operations, compliance, and risk teams to deliver end-to-end banking solutions.
  • Mentor junior analysts and contribute to best practices in business analysis, documentation, and stakeholder communication .

Technical Skills:
  • Business Analysis Tools: BRD, FRD, Use Cases, User Stories, UML, BPMN
  • Banking Domain Knowledge: Retail Banking, Corporate Banking, Payments, Lending, Capital Markets, Risk & Compliance
  • Data Analysis Tools: SQL, Excel, Power BI, Tableau
  • Process Modeling: Visio, Lucidchart, Workflow Diagrams
  • Testing & QA Support: UAT, Test Cases, Test Scenarios, Defect Tracking
  • Regulatory Compliance: Basel III, AML, KYC, GDPR, SOX
  • Project Management Tools: JIRA, Confluence, Azure DevOps
  • API & Integration: REST APIs, Data Mapping, System Integration
  • Methodologies: Agile, Scrum, Waterfall, SDLC
  • Documentation: Functional Specifications, Business Requirements, Reports
  • Databases: SQL Server, Oracle, MySQL
  • Operating Systems: Windows, Linux
  • Version Control: Git, GitHub, Bitbucket
  • Soft Skills: Stakeholder Management, Communication, Problem-Solving

Please share the resume:[email protected]
See more jobs in United States