Compliance – Business Analyst

Dicetek LLC; Ajman; On-site; AED 120,000 - 160,000; Full time

Job summary

A financial services company is seeking an experienced Business Analyst with a strong background in banking and compliance systems. The ideal candidate will gather business requirements and collaborate with stakeholders to enhance compliance monitoring. Responsibilities include conducting gap analyses, leading testing, and providing user training to ensure successful system implementation and performance. This position is pivotal in ensuring alignment with regulatory standards.

Qualifications

• Must have experience in compliance systems and banking projects.
• Proven ability to gather and document business requirements.
• Strong collaboration skills with stakeholders across departments.

Responsibilities

• Gather and document business requirements for compliance systems.
• Collaborate with stakeholders to enhance compliance capabilities.
• Conduct gap analysis to improve compliance systems.
• Work with IT and vendors for solution implementation.
• Lead testing and validation of compliance functionality.
• Provide hands-on support during system implementation.
• Analyze system performance post-implementation.
• Conduct user training and support ongoing usage.

Skills

Experience in banking

Regulatory compliance knowledge

Strong analytical skills

Project management experience

Tools

OMNI

Fircosoft

Job description

Business Analyst must have experience in bank and implemented projects related to Transaction Monitoring, Payment screening, Name screening, also have broader exposure to compliance landscape systems and have done full fledge implementation of compliance systems such as OMNI, Fircosoft, etc

• Gather and document business requirements for compliance systems, focusing on regulatory mandates and operational needs.
• Collaborate with stakeholders to design processes that enhance compliance monitoring and reporting capabilities.
• Conduct gap analysis to identify enhancements in compliance systems and ensure alignment with regulatory standards.
• Work closely with IT and vendors to implement compliance solutions, ensuring seamless integration with core banking systems.
• Lead testing and validation of compliance system functionality, creating test cases to ensure requirements are met.
• Provide hands-on support during system implementation, addressing issues and optimizing processes as needed.
• Analyze system performance post-implementation, identifying areas for continuous improvement.
• Conduct user training sessions and provide ongoing support to ensure effective adoption and usage of compliance systems.