Role Overview
We are looking for an experienced
Business Analyst – Compliance to support compliance and regulatory initiatives within a banking/financial services environment. The role will involve gathering business requirements, analyzing regulatory requirements, documenting processes, and coordinating with Compliance, Risk, Technology, and other stakeholders to deliver effective solutions.
Key Responsibilities
- Gather, analyze, and document business and compliance requirements.
- Work closely with Compliance, Risk, Legal, Operations, and IT teams to understand regulatory and business needs.
- Translate regulatory requirements into clear functional and business requirements.
- Prepare BRDs, FRDs, user stories, process flows, use cases, and acceptance criteria.
- Analyze existing compliance processes and identify gaps, risks, and opportunities for improvement.
- Support implementation of regulatory and compliance-related systems and process enhancements.
- Coordinate with technology teams throughout the SDLC, from requirement gathering through implementation and production support.
- Support UAT planning, test case preparation, execution, defect tracking, and sign-off.
- Ensure requirements and solutions align with applicable regulatory standards and internal policies.
- Prepare business process documentation, SOPs, and requirement traceability matrices.
- Track project progress, dependencies, risks, and issues and provide regular status updates.
- Support audit, regulatory reporting, and compliance-related change initiatives.
Key Compliance Areas
Experience in one or more of the following areas is preferred:
- AML / CFT
- KYC / Customer Due Diligence
- Sanctions screening
- Transaction monitoring
- Fraud and financial crime compliance
- Regulatory reporting
- Client/customer onboarding
- Risk & compliance controls
- Data privacy and regulatory requirements
Technical & Functional Skills
- Strong business analysis and requirement-gathering skills.
- Good understanding of banking and financial services processes.
- Experience with BRD, FRD, user stories, workflow/process mapping, and UAT.
- Knowledge of SQL and data analysis is an advantage.
- Experience working with JIRA, Confluence, MS Visio, Excel, or similar tools.
- Strong analytical, problem-solving, and stakeholder management skills.
- Ability to work with both business and technical teams.
Education & Experience
- Bachelor's degree in Business Administration, Finance, Information Technology, or a related field.
- 5–8 years of experience as a Business Analyst, preferably within Banking, Financial Services, Risk, or Compliance.
- Strong experience in compliance/regulatory projects is preferred.
Preferred Certifications
- CBAP / CCBA
- CAMS
- ICA Compliance
- Relevant banking, risk, or compliance certifications
Key Competencies
Business Analysis | Regulatory Compliance | Requirements Gathering | Banking Domain | Process Analysis | UAT | Stakeholder Management | Risk & Controls | Documentation
