Business Analyst - Banking Domain

Purple Drivesaddle river, NJ

Apply with Sonara

Automate your job search with Sonara.

Submit 10x as many applications with less effort than one manual application.¹

Reclaim your time by letting our AI handle the grunt work of job searching.

We continuously scan millions of openings to find your top matches.

Job Description

Key Responsibilities:

Collaborate with business stakeholders, product managers, and technology teams to define, document, and validate business requirements.
Analyze and document processes related to portfolio management, fund accounting, trade lifecycle, asset servicing, and risk management.
Prepare detailed Business Requirement Documents (BRDs), Functional Requirement Documents (FRDs), use cases, process maps, and data flow diagrams.
Work closely with development and QA teams to ensure business requirements are translated into effective technology solutions.
Support UAT (User Acceptance Testing) and assist in test case preparation, validation, and defect resolution.
Drive business process improvements and digital transformation within the wealth and investment management ecosystem.
Ensure compliance with regulatory standards such as MiFID II, FATCA, AML/KYC, and GDPR, and align deliverables with industry best practices.
Act as a liaison between business and technology teams, ensuring clarity, alignment, and timely delivery of project outcomes.
Utilize Agile/Scrum methodologies for sprint planning, backlog management, and collaborative solution development.
Create and maintain documentation in JIRA, Confluence, or other project management tools.

Required Qualifications:

Bachelor's degree in Finance, Business Administration, Economics, or related field (MBA or CFA preferred).
8–12 years of experience as a Business Analyst within the BFSI domain, specifically in Financial Services or Investment Management.
Strong knowledge of financial products - Equities, Fixed Income, Derivatives, Mutual Funds, ETFs, and Alternative Investments.
Familiarity with front-office, middle-office, and back-office processes across trading, settlement, and reconciliation.
Experience working with portfolio management systems, trading platforms, and financial data providers (e.g., Bloomberg, Reuters, Charles River, Aladdin).
Proficiency in business process modeling, data mapping, and requirements documentation.
Solid understanding of Agile and Scrum frameworks, with experience using JIRA and Confluence for project management.
Excellent communication, analytical thinking, and stakeholder engagement skills.

Automate your job search with Sonara.

Submit 10x as many applications with less effort than one manual application.

Apply with Sonara Apply manually

FAQs About Business Analyst - Banking Domain Jobs at Purple Drive

What is the work location for this position at Purple Drive?

This job at Purple Drive is located in saddle river, NJ, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.

What pay range can candidates expect for this role at Purple Drive?

Employer has not shared pay details for this role.

What employment applies to this position at Purple Drive?

The employer has not provided this information. This may be discussed during the hiring process.

What is the process to apply for this position at Purple Drive?

You can apply for this role at Purple Drive either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.