Systems Business Analyst

Roles and responsibilities

Job Role

For our client a leading bank we are looking for an experienced Business Analyst. You will work as part of a team that are implementing a new payments platform that will support the Payment Business in the transition to the SWIFT CBPR+ Standard (ISO 20022).

Roles & Responsibilities

• Specification of the business requirements in and around the Payments Area
• Support the testing activities
• Active participation in the rollout and training activities.
• Participate with the transition to the SWIFT CBPR+ Standard (ISO 20022)
  

Experience & Education

• 5+ years working as a Business Analyst in the Banking/Finance area
• Strong Business Analysis methodology skills
• Sound understanding of business domain Payments
• In depth knowledge about ISO 20022, payments messages and their processing
• Good understanding and experience from working other SWIFT CBPR+ projects
• Knowledge about Banking application landscapes

• Requirements Gathering and Analysis:

  • Work with business stakeholders to understand their needs, challenges, and objectives.
  • Conduct interviews, workshops, and surveys to gather detailed business requirements.
  • Document and analyze business processes, workflows, and system requirements.
  • Translate business requirements into functional and non-functional specifications for IT teams.

• Business Process Improvement:

  • Evaluate and map existing business processes to identify inefficiencies, bottlenecks, and opportunities for improvement.
  • Recommend solutions to streamline processes, reduce costs, and enhance productivity.
  • Work with stakeholders to implement process improvements and ensure changes are successfully adopted.

• Stakeholder Management and Communication:

  • Act as a bridge between business users and technical teams, ensuring that communication is clear and that both sides understand each other’s needs and constraints.
  • Maintain relationships with key stakeholders, keeping them informed about project progress, risks, and outcomes.
  • Facilitate meetings and discussions between stakeholders to resolve issues and clarify requirements.

• Solution Design and Specification:

  • Collaborate with IT teams to design solutions that meet business requirements, ensuring alignment with the organization's strategic goals.
  • Create detailed functional specifications, use cases, and user stories for development teams.
  • Help prioritize requirements based on business needs and impact.

• Feasibility and Risk Analysis:

  • Conduct feasibility studies to assess the viability of proposed solutions, including cost-benefit analysis and resource requirements.
  • Identify potential risks and develop mitigation plans to minimize the impact on project timelines and quality.

• Support Project Management:

  • Work with project managers to define project scope, timelines, deliverables, and resources.
  • Monitor the progress of projects, ensuring that they remain on track and meet deadlines.
  • Assist in tracking project budgets and ensuring the delivery of solutions within agreed-upon resources.

Desired candidate profile

• Requirements Gathering and Analysis:

  • Work with business stakeholders to understand their needs, challenges, and objectives.
  • Conduct interviews, workshops, and surveys to gather detailed business requirements.
  • Document and analyze business processes, workflows, and system requirements.
  • Translate business requirements into functional and non-functional specifications for IT teams.

• Business Process Improvement:

  • Evaluate and map existing business processes to identify inefficiencies, bottlenecks, and opportunities for improvement.
  • Recommend solutions to streamline processes, reduce costs, and enhance productivity.
  • Work with stakeholders to implement process improvements and ensure changes are successfully adopted.

• Stakeholder Management and Communication:

  • Act as a bridge between business users and technical teams, ensuring that communication is clear and that both sides understand each other’s needs and constraints.
  • Maintain relationships with key stakeholders, keeping them informed about project progress, risks, and outcomes.
  • Facilitate meetings and discussions between stakeholders to resolve issues and clarify requirements.

• Solution Design and Specification:

  • Collaborate with IT teams to design solutions that meet business requirements, ensuring alignment with the organization's strategic goals.
  • Create detailed functional specifications, use cases, and user stories for development teams.
  • Help prioritize requirements based on business needs and impact.

• Feasibility and Risk Analysis:

  • Conduct feasibility studies to assess the viability of proposed solutions, including cost-benefit analysis and resource requirements.
  • Identify potential risks and develop mitigation plans to minimize the impact on project timelines and quality.

• Support Project Management:

  • Work with project managers to define project scope, timelines, deliverables, and resources.
  • Monitor the progress of projects, ensuring that they remain on track and meet deadlines.
  • Assist in tracking project budgets and ensuring the delivery of solutions within agreed-upon resources.