Job details
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 is 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)
- 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 on other SWIFT CBPR+ projects
- Knowledge about Banking application landscapes
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
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Hiring company
ParamInfo
Param Info is a Global Leader in providing Consulting, IT Services, IT Solutions and Outsourcing. We are one of the fastest growing IT service provider with operations in Middle East, USA and India. With a result oriented approach, quality deliverables, and successful long term relationships represent Param Info's professionalism, dedication, passion and dynamism as leaders. Providing solutions aimed at improving business management through streamlining business and IT processes. ParamInfo offers end-to-end IT and business process services that facilitate the ongoing evolution of our client’s business.
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