Principal Business Analyst

Soar; Riyadh; On-site; SAR 300,000 - 400,000; Full time

Job summary

A global fintech startup is seeking a Principal Business Analyst to lead the design and delivery of essential platforms for the Saudi market. The ideal candidate will have over 11 years of experience in Business Analysis, particularly in FinTech and PropTech. You will bridge stakeholders and engineering teams, ensuring compliance with local regulations while designing systems that facilitate smooth financial transactions. Proficiency in API design and tools like Jira and MS Visio is required. Join us in our mission to transform financial experiences in Saudi Arabia.

Qualifications

• 11+ years of experience in Business Analysis, focusing on FinTech or PropTech.
• Deep knowledge of SAMA regulations and payment systems.
• Proven ability to design automated workflows.

Responsibilities

• Lead functional design and delivery of platforms for the Saudi market.
• Translate regulatory mandates into digital workflows.
• Design end-to-end workflows for financial products.

Skills

Business Analysis

FinTech expertise

PropTech knowledge

KSA regulations compliance

API design

Tools

Jira

Confluence

MS Visio

Job description

Soar is a global fintech startup that specializes in financing and investment. Currently headquartered in Saudi Arabia, Soar is growing throughout the region with a mission to help people achieve their financial goals with innovative financial and property investment solutions and tools through its multi-purpose platform, designed to offer a simple and seamless user experience.

Summary:

We are seeking a Principal Business Analyst to lead the functional design and delivery of mission-critical platforms tailored for the Saudi market. This role requires a deep understanding of the KSA Digital Government & Financial Ecosystem.

You will act as the bridge between stakeholders and engineering teams, translating local regulatory mandates into scalable digital workflows. You will design systems that not only handle financial ledgers but also seamlessly talk to national infrastructure—whether that is clearing payments through SAMA/Mada or authenticating leases via Ejar/Mullak.

Key Responsibilities:

• Core Financial & Ledger Workflows
• Lead the requirements engineering for financial systems, focusing on General Ledger (GL) entries, reconciliation, and settlement processes.
• Design end-to-end workflows for products such as Lending, Mortgages, Rent Collection, and Escrow services.
• For PropTech: Automate lease-to-ledger accounting, ensuring valid "Ejar" contract numbers trigger the correct automated rent collection logic.
• For Fintech: Define logic for transaction lifecycles (Authorization, Clearing, Settlement) compliant with Saudi Central Bank standards.
• KSA National Ecosystem Integration
• Payment Infrastructure: Manage requirements for integrating with Mada (Debit), SADAD (Bill Payments), and SARIE (Instant Payments/IPS).
• Government Services: Design API specifications for identity verification using Nafath (IAM) and Yakeen to ensure 100% KYC compliance.
• PropTech Gateways: (If applicable) Lead integrations with Ejar (for lease authentication) and Mullak (for HOA/Co‑owned property fees).
• Define precise ISO 8583 message mappings and API contracts (REST/SOAP) that align with these national gateways.

Required Qualifications:

• Experience: 11+ years in Business Analysis, with a primary focus on FinTech, PropTech, or Government Digital Transformation in the GCC region.

Domain Expertise (Must have one or both):

• Fintech: Deep knowledge of SAMA regulations, SADAD integration, and Mada payment switching.
• PropTech: Experience with Ejar (Rental Services Network), Wafi (Off‑plan sales), or Mullak associations.
• Technical Proficiency: Ability to define API scopes for government services (Absher/Nafath) and write SQL queries for financial data analysis.
• Process Design: Proven track record of transforming manual operations into automated workflows using BPMN tools (Visio, Lucidchart).
• Tools & Technical Skills
• Documentation: Jira, Confluence, MS Visio.