Business Analyst - Banking

Dubai, United Arab Emirates | Posted on 03/02/2026

Raqmiyat is a UAE-based IT and digital transformation company specializing in consulting, staffing, and enterprise technology solutions. We empower banking, government, and enterprise clients across the Middle East to achieve their digital objectives.

We are looking for an experienced Senior Business Analyst to contribute to large-scale transformation and modernization initiatives within the banking sector. This role will focus on translating business needs into technology-driven solutions while ensuring regulatory compliance, operational efficiency, and successful delivery of strategic programs.

The ideal candidate brings strong analytical expertise, solid exposure to banking operations, and hands-on experience managing the full business analysis lifecycle across complex financial environments.

Lead requirement discovery activities through stakeholder discussions, workshops, and business process reviews.

Capture, analyze, and document business and functional requirements, including user stories and non-functional specifications.

Create process flows, use cases, workflow diagrams, and data mappings to support solution design.

Maintain end-to-end traceability of requirements throughout project delivery.

Ensure alignment between business objectives, regulatory expectations, and technical feasibility.

Apply domain expertise across areas such as Retail Banking, Corporate Banking, Payments, Digital Channels, Treasury, and Trade Finance.

Understand operational processes, business rules, and compliance considerations within banking environments.

Support adherence to UAE regulatory standards including Central Bank regulations, AML/CFT controls, KYC processes, risk governance, and reporting obligations.

Exposure to Lending, Cards, or Islamic Banking frameworks is considered beneficial.

Work closely with Technology, Operations, Risk, Compliance teams, and external vendors.

Participate in solution design discussions and validate business alignment of proposed systems.

Support integration initiatives including API and middleware-based implementations.

Assist in SIT and UAT phases through test planning, scenario preparation, and defect tracking.

Contribute to deployment readiness and post-implementation assessments.

Analyze existing workflows to identify improvement and automation opportunities.

Recommend enhancements aligned with industry best practices and digital transformation goals.

Support initiatives involving platform upgrades, workflow automation, and system integrations.

Engage cross-functional stakeholders to clarify scope, priorities, and requirements.

Assist with RFP/RFI preparation and vendor evaluation activities.

Communicate risks, dependencies, and project impacts clearly to stakeholders.

Facilitate collaboration and informed decision-making across teams.

Understanding of core banking and digital banking ecosystems.

Working knowledge of SQL and relational database concepts.

Experience with Agile collaboration tools (e.g., JIRA, Confluence, Azure Dev Ops).

Familiarity with APIs, integrations, middleware, and workflow platforms.

Ability to perform data analysis, reconciliation, and issue investigation.

Experience working within Agile and/or Waterfall delivery models.

Strong analytical thinking and structured problem-solving ability.

Excellent documentation and stakeholder communication skills.

High attention to accuracy and quality.

Ability to manage multiple priorities in fast-paced environments.

Proactive ownership and delivery-focused mindset.

Minimum 8+ years of Business Analysis experience within Banking or Financial Services.

Expertise in at least one major banking domain (Retail, Corporate, Digital Banking, Treasury, or Payments).

Demonstrated experience managing end-to-end BA activities and stakeholder workshops.

Experience working across multi-team and vendor-driven environments.

Exposure to core banking transformation or large-scale system implementation programs is highly desirable.

Bachelor’s degree in Information Systems, Computer Science, or a related field.

CBAP certification is advantageous but not mandatory.

Agile/Scrum, PMP, or Business Process Management certifications are a plu