Banking Business Analyst Job Description
Banking business analyst
provides ADHOC reporting and analysis of business processes through the use of various office tools including Oracle SQL Navigator, BI Publisher, Microstrategy, Excel, Confluence, etc.
Banking Business Analyst Duties & Responsibilities
To write an effective banking business analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included banking business analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Create and maintain detailed Business Analysis procedures and processes
Continuously explore opportunities to improve processes and increase value add to the business
Plan and execute detailed system requirements phases and identify, track, and resolve business systems issues
Assess, research, analyze, and document stakeholder needs, using the recommended or selecting the appropriate information gathering and/or modelling technique to elicit requirements
Contribute to business solutions that satisfy stakeholder needs, while continuously exploring and assessing options for value-add for clients
Contribute to successful completion of project objectives with high quality, within budget, and on time
Prepare appropriate documentation and ensure adequate end-user training for assigned projects
Participate in QA Triage to resolve issues/defects and identify root causes
Perform and execute Post Implementation Verification (PIV) as needed
A minimum of 5 years Business Analyst experience in the Banking and Financial Services regulatory environment is mandatory
Banking Business Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Banking Business Analyst
List any licenses or certifications required by the position: FLEXCUBE, BA, PMP, IIBA, DA, CAPM, CTPRP, CISA, CIA, CPA
Education for Banking Business Analyst
Typically a job would require a certain level of education.
Employers hiring for the banking business analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Business, Finance, Accounting, Computer Science, Education, Business/Administration, Economics, MBA, Information Systems, Management
Skills for Banking Business Analyst
Desired skills for banking business analyst include:
Database management and reporting tools
Operations
Originations
Policies
Procedures and systems pertaining to servicing
Excel and other Microsoft Office Suite software
SQL
Access
Word
Brokerview
Desired experience for banking business analyst includes:
1-2 years experience in management or equivalent project ownership
Ability to work effectively with both users and technical staff in team-oriented environment
Previous experience in mobile banking and mobile payment services
Adaptable and flexible as tasks and assignments change in a fast-paced, dynamic environment
Passion for work in emerging mobile technology and markets
Understanding of various software development methodologies , Iterative, Waterfall, Agile (D)
Banking Business Analyst Examples
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Banking Business Analyst Job Description
Job Description Example
Our company is hiring for a banking business analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for banking business analyst
- Experience in Payments, Reporting and/or Funding and Securitisation projects
- Hands on SAP Core Banking experience in Loans or Deposits Management modules for Retail Banking would be highly regarded, in particular around Payments and Cards
- Solid experience in data analysis and data mapping with Business Data Warehousing
- Significant Knowledge in Product & Pricing, Loan Account Origination and/or Servicing & Maintenance
- Hands on SAP Core Banking experience in Loans or Deposits Management modules for Retail Banking would be highly regarded, in particular around data analytics, report management and regulatory reporting
- Act as the Subject Matter Expert in the set-up/development/improvement/maintenance of all SharePoint’s for Private Banking
- Provides consulting services to Private Banking on new initiatives improving existing tools & templates
- Develops effective reporting tools for both National Office & the Regional Markets
- Together with Project Manager , takes assigned project from original concept through final implementation
- Contributes to successful project completion within time by identifying risks and developing/recommending mitigation strategies
Qualifications for banking business analyst
- Knowledge of the project delivery lifecycle
- Experience with object oriented analysis and design methodologies, system development lifecycle, and process engineering a plus
- 4 years experience in writing complex stored procedures
- Bachelors Degree required, Series 7 & 63 required
- Ability to understand complex business structures
- Knowledge of Investment Banking product set preferred (ECM, DCM, M&A Lev Fin)
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Banking Business Analyst Job Description
Job Description Example
Our company is hiring for a banking business analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for banking business analyst
- Play active role in building internal networks
- Organize and collect information to assist the Relationship Manager(s) with tasks
- Assist Private Banking Relationship Manager(s) in executing sales strategies and post-sales maintenance
- Interact and collaborate with Pershing, Sales Staff, External Clients, Controllers, Compliance, CSAM, Traders, Credit Officers, IT
- A minimum of 2 - 5 years Lead Business Analyst experience in the Banking and Financial Services regulatory environment is mandatory
- Leads operational and/or technical tasks/projects/assignments as assigned end to end to identify all potential problems and how to solve for them
- Assists in writing Use Cases, Business Requirements Documents, tracking defects, tracking resolutions, and providing summaries for management
- Partner with relationship managers to create a trusted advisor relationship between the bank and client, including
- Business and non-functional requirements gathering, analysis and functional design
- Engagement of product and business specialists and documentation to gather requirements
Qualifications for banking business analyst
- Knowledge of financial and economic concepts including cash flow and wire transfers
- Training and/ or mentoring in a project environment
- Ability to deliver and remain focussed during periods of stress (high demand/ high workload)
- Tertiary qualification in Information Technology or related discipline
- Minimum 5 years of experience as a Senior Business Analyst
- End-to-end project experience working in a workflow system (Pega preferred but not essential)
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Banking Business Analyst Job Description
Job Description Example
Our growing company is looking to fill the role of banking business analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for banking business analyst
- Provides training and may lead the work of others on teams or projects
- Using external information sources to evaluate SunTrust performance
- Plays a key role as an individual contributor on large and complex projects within Commercial Banking
- Recommends designs based on business requirements
- Primary participant in the management of client relationship with emphasis on project execution and production support
- Provides oversight for application functionality and testing efforts including the review of business requirements, functional specifications, and the preparation and execution of testing
- Provides functional feedback on current or proposed vendor software
- Independently manages and owns the BA functions that may cross multiple IT project and user areas
- Independently facilitates continuous and coordinated business line communications, including research and support for problem resolution
- Production of iterative reporting and bespoke analysis for senior CBK management on business performance, profitability, coverage effectiveness and footprint, and product penetration
Qualifications for banking business analyst
- Troubleshoot and self-resolve issues
- Knowledge of VLS and RCV1 systems preferred
- This position requires a highly achievement motivated leader and team player with proven knowledge/experience in IT, strong written and oral communication skills
- Acts as a transferor of knowledge
- Proven ability to initiate and drive changes
- Fluent Portuguese required
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Banking Business Analyst Job Description
Job Description Example
Our growing company is looking to fill the role of banking business analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for banking business analyst
- Assistance in the development of CRM/BI tools
- Grow intelligence over the Business Banking performing and underperforming portfolios to analyse trends or growing themes and their drivers
- Work closely with Business Banking Segment and State Heads to leverage portfolio data, industry data, economic data, property value data etc and combine to develop a strong understanding of expected risk across the portfolios
- Assist in identifying and implementing lending policy reform to address risk concerns and improve and manage the risk profile of the portfolio
- Prepare monthly reporting packs summarising findings and recommendations for the Credit Risk Committee
- Provide the user requirements to enhance and integrate the current campaign engines
- Performs client interviews to establish business requirements
- Takes responsibility for adhering to project plans, ensuring that project deliverables are completed on time
- Ability to translate business requirements into structured form (UML or other standardised analytical language)
- Performs gap-analysis with the assistance of other team members
Qualifications for banking business analyst
- Ability to work overtime when needed, including weekends
- Bachelors Degree required, Series 7 & 63 or 66 required
- Worked on projects in Banking or Wealth Management domain (preferably US), preferably in payments space
- Ability to work independently or in a team environment and develop well researched and documented solutions for senior management review and approval
- Takes initiative and personal responsibility for assigned tasks
- Ability to work in a changing and complex environment
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Banking Business Analyst Job Description
Job Description Example
Our company is hiring for a banking business analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for banking business analyst
- Writes documentation of detailed business requirements and business flows for development projects
- Reviews all design solutions for accuracy and adherence to the business requirements
- Gives design input through knowledge of software and industry to ensure all accommodations have been made
- Answers functional questions about the system
- Documents training materials and provides training if needed
- Researches and documents bugs, communicates issues to developers and support staff and works the bug lists to ensure reasonable turnaround
- Lead and mentor junior resources where required
- Lead engagement with the business to gather, analyse, refine and document IT requirements for delivering the required business solution
- Undertake investigative work to specify effective business processes through improvements in information systems, information management, practices, procedures, and organisation change
- Proactive engagement with business to take the concept through to requirements that are outcome based and can be referenced by technical specialists to design and deliver functionality
Qualifications for banking business analyst
- Knowledge of SCRA and Collections Litigation actions required
- Understanding of technical architecture and coding
- 3 - 10 years of related IT experience, title depends on senority
- Background in insurance or banking industry is a definite advantage
- Role may involve the preparation of monthly technical investor reports and reconciliation's in accordance with Agency and Private Investor Requirements and internal standards and procedures
- Bachelor's degree in Business Administration, Finance, MIS or related field