Job description: core banking business analyst
position overview:
* lead business analyst will play a pivotal role in the end-to-end implementation of core banking systems across latam banking institutions. This includes leading as-is vs to-be documentation, conduct gap analysis and validate target operating models, document business flows, integration touchpoints, and testing scope, maintain raci matrices and ensure sign-offs at each stage ,supporting agile delivery, and collaborating with cross-functional teams to ensure successful transformation, cloud migration, and data integration.
required skills & qualifications:
* education: bachelor’s degree in business administration, finance, information technology, or a related field.
* experience:
* 15+ years of experience as a ba, with at least 8+ years working in the banking or financial services industry.
* proven work experience in core banking transformation/migration and upgrade projects
* proven work experience in analysis of legacy core banking systems and mapping legacy products with new age core banking systems
* solid experience with any of the core banking platforms such as temenos, finacle, fis products ,signature or oracle flexcube.
* knowledge of banking operations and processes, including retail banking-deposits, lending, payments, channels, teller and customer onboarding.
* familiarity with project management methodologies (agile, scrum, waterfall).
* technical expertise:
* strong understanding of business analysis frameworks and best practices.
* ability to create detailed business and functional documentation.
* proficiency in tools such as microsoft excel, visio, jira, and confluence.
* soft skills:
* excellent communication and interpersonal skills, with the ability to interact with stakeholders at all levels.
* bilingual spanish and english
* strong analytical and problem-solving abilities.
* ability to work independently and manage multiple priorities in a fast-paced environment.
* high attention to detail and organizational skills.
preferred skills:
* experience with data migration projects and digital transformation initiatives.
* knowledge of regulatory compliance in banking, such as pci-dss, kyc, and aml.
* certification in business analysis (cbap, pmi-pba) or agile methodologies (scrum master, product owner) is a plus.
* tool expertise for designing business work flows.
this role is ideal for a detail-oriented, analytically minded professional who enjoys bridging the gap between business needs and technical solutions in the banking industry.
key responsibilities:
* requirements gathering: work with business stakeholders, end-users, and it teams to gather, analyze, and document business requirements for core banking projects.
* business process analysis: analyze current banking processes, workflows, and systems to identify opportunities for optimization, improvement, and automation.
* documentation: create comprehensive business requirement documents (brd), functional specifications, and use cases for core banking features, enhancements, and integrations.
* stakeholder collaboration: act as a liaison between business users, development teams, and external vendors to ensure alignment between business needs and technical solutions.
* system enhancements: work with technical teams to design, test, and implement system enhancements, ensuring they meet business objectives and regulatory requirements.
* testing & validation: collaborate with quality assurance (qa) teams to develop test plans, support user acceptance testing (uat), and ensure that delivered solutions meet the defined requirements.
* change management: assist in managing changes to core banking systems, including impact analysis, risk assessment, and communication of changes to relevant stakeholders.
* project support: provide support to project managers in defining project scope, timelines, and deliverables. Track and monitor progress against business requirements.
* reporting & analytics: assist in generating reports, dashboards, and analysis to support business decision-making and monitor the performance of core banking systems.
* compliance & risk management: ensure that business processes and system changes comply with regulatory requirements and risk management protocols, including banking standards (e.g., pci-dss, gdpr).