Product Analyst

Tata Consultancy Services; Raleigh (NC); On-site; USD 100,000 - 120,000; Full time

Benefits offered by this job

Discretionary annual incentive

Comprehensive medical coverage

Family support: parental leaves

Auto & Home insurance

Commuter benefits

Certification & training reimbursement

Vacation and holidays

401K and performance bonus

Job summary

Tata Consultancy Services is seeking an experienced Product Analyst to gather and translate business requirements for Financial Crime & Compliance products. You will work with Product Managers, Compliance, AML Operations, and Tech teams to define features and enhancements, analyze monitoring scenarios, and validate requirements through testing.

Responsibilities include developing SAS reports and dashboards, performing impact analyses, and ensuring AML regulatory compliance.

Qualifications

• Bachelor's degree in a related field is required.
• 5+ years of experience in Product/Business Analysis or Product Owner roles in Banking or Financial Services.
• Strong domain knowledge in Financial Crime & Compliance and AML monitoring.
• Hands-on experience with AML transaction monitoring systems and data analysis.
• Proficiency in SAS for reporting and querying; familiarity with AML/regulatory workflows.
• Experience in Agile/Scrum environments and effective stakeholder management.

Responsibilities

• Gather, analyze, and document business and functional requirements for FCC products.
• Collaborate with Product Managers, Compliance, AML Operations, and Tech teams to define features.
• Analyze monitoring scenarios, alert generation, and case workflows for improvements.
• Perform impact, gap, and root-cause analyses; translate needs into user stories.
• Support roadmaps and acceptance criteria; participate in Agile ceremonies.
• Validate requirements with functional testing and UAT; develop reports and dashboards in SAS.
• Ensure compliance with AML regulations and internal policies; monitor product performance.

Skills

Stakeholder management

Analytical skills

Communication skills

Agile/Scrum

Education

Bachelor's degree in CS/IS/Business/Finance

Tools

SAS

SQL

Jira

Confluence

NICE Actimize

Oracle FCCM

AML Transaction Monitoring

FCC

Job description

Key Responsibilities

• Gather, analyze, and document business and functional requirements for Financial Crime & Compliance products.
• Work closely with Product Managers, Compliance, AML Operations, and Technology teams to define product features and enhancements.
• Analyze transaction monitoring scenarios, alert generation, and case management workflows to identify improvement opportunities.
• Perform product impact assessments, gap analysis, and root cause analysis.
• Support product roadmap planning by translating business needs into actionable user stories and acceptance criteria.
• Participate in Agile ceremonies including backlog grooming, sprint planning, reviews, and retrospectives.
• Validate business requirements through functional testing and User Acceptance Testing (UAT).
• Develop reports, dashboards, and analytical insights using SAS to support product decisions and regulatory reporting.
• Collaborate with cross-functional teams to ensure compliance with AML regulations, internal policies, and industry standards.
• Monitor product performance, customer feedback, and regulatory changes to recommend product enhancements.
• Prepare business documentation including BRDs, FRDs, process flows, use cases, and release notes.

Required Qualifications

• Bachelor's degree in Computer Science, Information Systems, Business, Finance, or a related field.
• 5+ years of experience as a Product Analyst, Business Analyst, or Product Owner in the Banking or Financial Services industry.
• Strong experience working within Financial Crime & Compliance (FCC) domain.
• Hands‑on experience with AML Transaction Monitoring systems and processes.
• Working knowledge of SAS for data analysis, reporting, and querying.
• Strong understanding of AML regulations, suspicious activity detection, sanctions screening, and compliance workflows.
• Experience working in Agile/Scrum environments.
• Excellent analytical, problem‑solving, and stakeholder management skills.
• Strong written and verbal communication skills.

Technical Skills

• SAS
• AML Transaction Monitoring
• Financial Crime & Compliance (FCC)
• Business Analysis
• Requirements Gathering
• Agile/Scrum
• SQL
• Oracle FCCM
• SAS AML
• NICE Actimize
• Jira
• Confluence

Benefits

• Discretionary Annual Incentive.
• Comprehensive Medical Coverage: Medical & Health, Dental & Vision, Disability Planning & Insurance, Pet Insurance Plans.
• Family Support: Maternal & Parental Leaves.
• Insurance Options: Auto & Home Insurance, Identity Theft Protection.
• Convenience & Professional Growth: Commuter Benefits & Certification & Training Reimbursement.
• Time Off: Vacation, Time Off, Sick Leave & Holidays.
• Legal & Financial Assistance: Legal Assistance, 401K Plan, Performance Bonus, College Fund, Student Loan Refinancing.
• Salary Range: $100,000 - 120,000 a year