Business Analyst

About the Role

Serve as a seasoned business analyst with deep expertise in regulatory compliance and risk management. Partner with stakeholders across a hybrid work model to modernize mainframe applications using Cobol, CICS, and DB2. Ensure robust business solutions that improve customer outcomes and strengthen organizational resilience through precise requirements analysis and strategic business insights.

Key Responsibilities

• Collaborate with cross-functional stakeholders to elicit, analyze, and document complex business requirements for regulatory compliance initiatives related to mainframe modernization projects.
• Translate regulatory and risk management needs into clear functional specifications that guide Cobol, CICS, and DB2 design and development activities in a structured manner.
• Analyze existing mainframe processes and data flows to identify modernization opportunities that improve system performance, accountability, and operational resilience.
• Develop detailed process maps, use cases, and user stories that capture end-to-end business scenarios, enabling technology teams to implement accurate solutions in a hybrid work environment.
• Coordinate requirement walkthroughs and clarification sessions with product owners, architects, and developers to ensure shared understanding and reduce rework in day shift operations.
• Perform impact analysis of regulatory changes on current and target state systems, assessing data integrity, controls, and reporting obligations across mainframe components.
• Define and validate business rules for risk assessment, reporting, and controls, ensuring that modernized applications support audit-ready and compliant operations.
• Support the design of test strategies by preparing comprehensive test conditions and reviewing test results to confirm that implemented solutions meet business and regulatory expectations.
• Partner with operations and support teams to define transition plans, training needs, and adoption metrics that facilitate smooth migration from legacy mainframes to modernized platforms.
• Prepare concise yet thorough documentation, including requirement specifications, traceability matrices, and business readiness materials, that enhance transparency and knowledge retention.
• Monitor key performance indicators related to compliance, system stability, and stakeholder satisfaction, providing data-driven insights for continuous improvement and strategic decision-making.
• Engage in regular stakeholder management activities, including status updates, issue resolution, and expectation alignment, to maintain trust and shared ownership of project outcomes.
• Contribute domain expertise to risk workshops and governance forums, helping the organization strengthen its compliance posture and deliver technology solutions that positively impact society through safer and more reliable financial or operational services.

Requirements & Tech Stack

• Advanced proficiency in regulatory compliance and risk management frameworks.
• Strong hands-on experience with mainframe modernization initiatives involving Cobol, CICS, and DB2.
• Proven stakeholder management capabilities.
• Robust analytical and problem-solving skills.
• Experience working in structured day shift environments.
• Familiarity with modern requirements management and collaboration tools (e.g., for version control, workflow tracking, communication).
• Knowledge of financial or operational risk concepts (nice to have).
• Strong communication and presentation abilities.

Qualifications

• Apply knowledge of regulatory compliance and risk management frameworks to complex technology transformation programs.
• Elicit, analyze, and document requirements for mainframe modernization projects.
• Translate regulatory and risk management needs into functional specifications for Cobol, CICS, and DB2.
• Analyze mainframe processes and data flows.
• Develop process maps, use cases, and user stories.
• Coordinate requirement walkthroughs.
• Perform impact analysis of regulatory changes.
• Define and validate business rules for risk assessment and controls.
• Support test strategy design and review test results.
• Define transition plans, training needs, and adoption metrics.
• Prepare documentation (requirement specifications, traceability matrices, business readiness materials).
• Monitor key performance indicators and provide data-driven insights.
• Manage stakeholders, including status updates and issue resolution.
• Contribute domain expertise to risk workshops and governance forums.