Sr. Business Analyst – Finance & Mainframe Modernization

Polarits; Owings Mills (MD); Hybrid; USD 120,000 - 150,000; Full time

Job summary

Polarits is seeking a Sr. Business Analyst for Finance & Mainframe Modernization in Owings Mills, MD. The role requires 10+ years of experience in business analysis within highly regulated financial services environments, translating legacy mainframe processes into modern workflows.

The analyst will bridge business, operations, and technology teams, documenting current-state processes and helping define future-state platforms during the modernization effort. Hybrid work arrangement available.

Qualifications

• Experience in business analysis for large-scale programs.
• Strong requirements gathering and stakeholder management.
• Familiarity with Agile project delivery and Jira workflows.

Responsibilities

• Analyze and document end-to-end business processes supported by mainframe applications.
• Conduct process reverse engineering to uncover legacy logic.
• Review procedural documents and system diagrams to map current state operations.
• Facilitate interviews with SMEs, operations teams, and technology partners.
• Serve as liaison between business, technology, and project leadership.
• Communicate complex processes clearly to technical and non-technical audiences.
• Present findings and recommendations to stakeholders.

Skills

Business analysis

Agile

Requirements gathering

Jira

SQL Database

Rally

ServiceNow

Tools

Jira

Rally

ServiceNow

Job description

Sr. Business Analyst – Finance & Mainframe Modernization

Job Title: Sr. Business Analyst – Finance & Mainframe Modernization

Location: Owings Mills, MD (Hybrid 3 Days Onsite)

Visa: H4 EAD, GC, GC EAD and USC only

It’s a W2 Role only

Looking for 10+years of experience only

Job Description

The Business Analyst will support a large-scale mainframe exit initiative within a financial services environment. This role is ideal for someone who thrives in complex, highly regulated settings and can translate legacy processes into modern, efficient, and well documented workflows. The analyst will work across business, operations, and technology teams to understand current state processes tied to mainframe systems and help define the future state landscape as the organization transitions to modern platforms.

Key Responsibilities

• Analyze and document end to end business processes currently supported by mainframe applications, including financial operations, transaction processing, reporting, and compliance workflows.
• Conduct process reverse engineering to uncover undocumented logic embedded in legacy systems.
• Review existing procedural documents, technical artifacts, and system flow diagrams to build a comprehensive understanding of current state operations.
• Facilitate interviews with SMEs, operations teams, and technology partners to validate process details and identify gaps.
• Serve as a liaison between business units, technology teams, and project leadership.
• Communicate complex process details and system behaviors in clear, accessible language for both technical and non-technical audiences.
• Present findings, documentation, and recommendations to project stakeholders.

Enterprise Required Skills

Business analysis, Agile, Requirements gathering, Jira, SQL Database, Rally, ServiceNow

Top Skills Details

• Analyze and document end to end business processes currently supported by mainframe applications, including financial operations, transaction processing, reporting, and compliance workflows.
• Conduct process reverse engineering to uncover undocumented logic embedded in legacy systems.
• Review existing procedural documents, technical artifacts, and system flow diagrams to build a comprehensive understanding of current state operations.
• Facilitate interviews with SMEs, operations teams, and technology partners to validate process details and identify gaps.

Mainframe Exit Support (NICE TO HAVE)

• Translate legacy mainframe functionality into clear business requirements for modernization or migration to new platforms.
• Identify dependencies, risks, and constraints associated with mainframe decommissioning.
• Support mapping of data flows, batch jobs, and system interactions that must be replicated or redesigned in the target environment.
• Partner with technology teams to ensure business needs are accurately reflected in modernization plans.