A banking business analyst is a business analyst who works in the banking domain.
They perform the standard business analyst tasks such as elicitation, documentation, verification and validation but from the banking domain perspective.
They also have to have some specialized knowledge of popular banking software application and business processes in order to be able to do their jobs.
Some banking business analysts also work as subject matter experts in the business unit so they need to have detailed domain knowledge in order to perform their jobs.
They also need to understand the business processes in order to identify the business need and recommend solutions which would fulfil those needs.
Some of the responsibilities that a banking business analyst might have are :
- Create effective and efficient solutions by analyzing the current state and defining solutions options and recommendations.
- Create functional specifications documents.
- Create use cases to be used for product testing.
- Support project management activities.
- Collaborate with stakeholders to determine solutions and assess the impact on existing work processes and systems.
- Provide post implementation system support.