IT-Business Analyst (Principal)-0302

Atribs Metscon; United Arab Emirates; On-site; AED 120,000 - 160,000; Full time

Job summary

A leading financial services firm in the United Arab Emirates is seeking a Business Analyst to manage end-to-end reporting processes and ensure compliance with regulatory standards. The role requires a strong background in credit risk and enterprise risk systems, along with excellent analytical and stakeholder management skills. Ideal candidates will have experience in risk systems and will be able to translate business needs into clear documentation. A Bachelor's or Master's degree is required, with at least 7–10 years in banking.

Qualifications

• Minimum 7–10 years of experience in banking, with at least 5 years in credit or enterprise risk systems.
• Ability to manage priorities in a complex, cross-functional project environment.
• Hands‑on experience in risk systems is preferred.

Responsibilities

• Work with various teams to gather detailed business requirements.
• Define business rules, data requirements, and process maps aligned with CRMS objectives.
• Document and streamline the end-to-end credit risk lifecycle.

Skills

Analytical skills

Documentation skills

Presentation skills

Communication skills

Stakeholder management

Credit risk processes understanding

Education

Bachelor’s or Master’s degree in Finance, Risk Management, Information Systems, or Engineering

Tools

Moody’s RiskConfidence

Moody’s CreditLens

FIS ACM/ALM

Power BI

Job description

Role Summary

Risk Service Line is part of FAB Group IT Enablement & Control Functions and is responsible for managing end-to-end BAU reporting processes and changes across Enterprise Risk Management by partnering with stakeholders primarily from Group Risk. The Business Analyst will act as the bridge between business stakeholders, risk teams, and technology partners to define, document, and validate business requirements.

The role ensures the CRMS solution aligns with regulatory standards, enterprise data governance, and credit risk policy frameworks, while enabling automation, transparency, and efficiency across the credit risk lifecycle.

Key Responsibilities

Business Requirement Elicitation

• Work with Credit Risk, Enterprise Risk, Credit Administration, Finance, and IT to gather detailed business, functional, and non-functional requirements.
• Conduct workshops, sessions, and process reviews to identify current-state gaps and future-state requirements for CRMS.
• Translate complex business needs into clear Business Requirements Documents (BRD) and User Stories with acceptance criteria.

Process Mapping and Functional Design

• Define to-be process maps, business rules, and data requirements aligned with CRMS objectives.
• Collaborate with the different application solution design teams and vendor team to ensure functional design meets user expectations and regulatory standards.
• Document and streamline the end-to-end credit risk lifecycle: Credit origination and approval workflow, Risk rating and scoring models (PD/LGD/EAD), Limit, collateral, and exposure management, Exception handling and early warning indicators (SICR, UTP), Monitoring, reporting, and portfolio analytics.

Data and Integration Requirements

• Identify and document data sources, ownership, and data flow for credit risk and exposure data.
• Define data mapping, quality checks, and reconciliation rules for CRMS integration with Core Banking & Loan Origination Systems, Risk Data Warehouse, IFRS9 & Model Execution Platforms, and Regulatory Reporting.
• Ensure data lineage and traceability are maintained in line with internal data governance framework.

Regulatory and Compliance Alignment

• Ensure all requirements comply with CBUAE Credit Risk Management Standards (CRMS), Basel III/IV credit risk reporting guidelines, IFRS9 expected credit loss models and processes, Internal credit risk policies and governance frameworks.
• Support audit and compliance documentation, ensuring regulatory traceability from requirement to system capability.

Stakeholder and Vendor Coordination

• Act as the liaison between business, IT, and vendor teams during requirement, design, and testing phases.
• Facilitate regular review meetings to confirm understanding and alignment on deliverables.
• Present key updates, progress, and issue logs to the CRMS project steering committee.

Documentation and Governance

• Own and maintain all key project documentation including Business Requirements Document (BRD), Functional Specification Document (FSD), Data Mapping Sheets, Process and Workflow Diagrams, and Requirements Traceability Matrix (RTM).
• Ensure all deliverables meet internal project governance and documentation standards.

Qualifications & Experience Required

• Bachelor’s or Master’s degree in Finance, Risk Management, Information Systems, or Engineering.
• Minimum 7–10 years of experience in banking, with at least 5 years in credit or enterprise risk systems.
• Strong analytical, documentation, and presentation skills.
• Excellent communication and stakeholder management across business and IT functions.
• Ability to manage priorities in a complex, cross-functional project environment.
• Strong understanding of credit risk processes — from origination to approval, monitoring, and reporting.
• Knowledge of Enterprise Risk Management frameworks, risk rating systems, and IFRS9 models.
• Hands‑on experience in risk systems (e.g., Moody’s RiskConfidence, Moody’s CreditLens, FIS ACM/ALM etc.) is preferred.
• Working knowledge of data governance, risk data aggregation, and BCBS 239 principles.
• Familiarity with reporting and BI tools (Power BI) is a plus.
• Certifications such as FRM, PRM, PMP, or CBAP are an advantage.