Core Banking System Business Analyst

Requirements

• A Bachelor's Degree in Business, Computer Science, or a related field, or equivalent practical experience gained in the banking industry.
• 5-8 years of hands-on experience in deploying core banking systems, with a strong track record of successful implementations.
• Deep knowledge of banking processes and standards, with a focus on the operational aspects of core banking.
• Experienced in setting up and upgrading core banking platforms, particularly systems like Finacle or others that are similar.
• Expertise in creating detailed documentation that captures business requirements, system specifications, and process workflows, serving as a vital communication tool between technical teams and business stakeholders.
• Demonstrated ability to understand business needs and processes, pinpointing areas for improvement.
• Exceptional problem-solving and organizational skills, with the ability to juggle various tasks effectively.
• Well-versed in project management practices, including monitoring the progress of implementations, ensuring requirements are met, and maintaining timelines.
• Strong experience in managing relationships with vendors and engaging with stakeholders is crucial.

Requirements

• A Bachelor's Degree in Business, Computer Science, or a related field, or equivalent practical experience gained in the banking industry.
• 5-8 years of hands-on experience in deploying core banking systems, with a strong track record of successful implementations.
• Deep knowledge of banking processes and standards, with a focus on the operational aspects of core banking.
• Experienced in setting up and upgrading core banking platforms, particularly systems like Finacle or others that are similar.
• Expertise in creating detailed documentation that captures business requirements, system specifications, and process workflows, serving as a vital communication tool between technical teams and business stakeholders.
• Demonstrated ability to understand business needs and processes, pinpointing areas for improvement.
• Exceptional problem-solving and organizational skills, with the ability to juggle various tasks effectively.
• Well-versed in project management practices, including monitoring the progress of implementations, ensuring requirements are met, and maintaining timelines.
• Strong experience in managing relationships with vendors and engaging with stakeholders is crucial.

• Identify and comprehensively enumerate key business processes, products, and transactions that require CBS implementation.
• Translate business processes and transactions into parameters and configuration specifics in the CBS, e.g., transaction codes and definitions, minimum data requirements per transaction, straight-through processing vs manual entries.
• Liaise with key stakeholders on specific components.
• Finance on the accounting entries and reports for all transactions.
• Compliance and Audit to ensure the right authorities, controls, traceability and checks and balances are defined and implemented across all transactions.
• Define the operational requirements and processes required to ensure full coverage of transactions and controls including People, Automated entries and traceability of automated entries, maker-checker enforcement etc.
• Collaborate with engineers, administrators and IT specialists etc. to deliver on the implementation of the parameters and configurations in line with design.
• Design, organize, conduct and supervise user-testing, collate and analyze feedback and bridge between users CBS specialists (engineers etc.) to implement the necessary updates.
• Define and track non-functional requirements and SLAs to be fulfilled by CBS.
• Define reporting requirements for the CBS.