Senior Business Analyst

Job Role: Senior Business Analyst
- Credit & Lending Transformation Job

Location:
Luxembourg

Experience:
Mid-Senior Level Work Type: Hybrid About Company: At Synechron, we believe in the power of digital to transform businesses for the better. Our global consulting firm combines creativity and innovative technology to deliver industry-leading digital solutions. Synechron’s progressive technologies and optimization strategies span end-to-end Artificial Intelligence, Consulting, Digital, Cloud & DevOps, Data, and Software Engineering, servicing an array of noteworthy financial services and technology firms. Through research and development initiatives in our FinLabs we develop solutions for modernization, from Artificial Intelligence and Blockchain to Data Science models, Digital Underwriting, mobile-first applications and more. Over the last 20+ years, our company has been honored with multiple employer awards, recognizing our commitment to our talented teams. With top clients to boast about, Synechron has a global workforce of 14,700+ and has 55 offices in 20 countries within key global markets. For more information on the company, please visit our website or LinkedIn community. Diversity, Equity, and Inclusion Diversity & Inclusion are fundamental to our culture, and Synechron is proud to be an equal opportunity workplace and an affirmative-action employer. Our Diversity, Equity, and Inclusion (DEI) initiative ‘Same Difference’ is committed to fostering an inclusive culture – promoting equality, diversity and an environment that is respectful to all. We strongly believe that a diverse workforce helps build stronger, successful businesses as a global company. We encourage applicants from across diverse backgrounds, race, ethnicities, religion, age, marital status, gender, sexual orientations, or disabilities to apply. We empower our global workforce by offering flexible workplace arrangements, mentoring, internal mobility, learning and development programs, and more. All employment decisions at Synechron are based on business needs, job requirements and individual qualifications, without regard to the applicant’s gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law.

Job Description
As part of our current projects, we are looking for a Business Analyst with solid experience in business analysis involving both a core banking system and its satellite applications. The scope will primarily cover the CIB-oriented credit domain but may also extend to related areas. Please find below a detailed description of the assignment: As a Business Analyst, the successful candidate will be responsible for the business and technical-functional analysis required to evolve credit-related systems within the Avaloq core banking system and its satellite applications. The ideal candidate will be able to work on topics with a strong functional and systems component, particularly those related to the technical implementation of rating frameworks, credit risk monitoring, and the integration of these mechanisms into the banking application environment. The responsibilities will include: Gathering, analyzing, and formalising functional and technical-functional requirements related to credit activities. Analyzing the impact of these requirements on the core banking system and connected applications. Working closely with business stakeholders, IT teams and end users to understand requirements, constraints, business rules and acceptance criteria. Contributing to the definition and implementation of solutions relating in particular to rating frameworks, credit risk monitoring tools or mechanisms, and the integration of these components into existing systems. Organizing and facilitating workshops with stakeholders. Writing business requirements, functional specifications and user stories. Preparing test cases and validation campaigns. Participating in development phases in collaboration with IT teams. Executing and coordinating user acceptance testing. Supporting change management activities for end users. Contributing, where required, to the modelling of processes, flows and interactions between systems. The deliverables will be defined once the Business Analyst joins, particularly based on the priority analysis topics. They will evolve according to the progress of the assignment, the needs of the domain and the issues encountered. The Head of the Credit Transformation Domain and the Business Analyst will communicate regularly regarding these deliverables in order to ensure that the assignment remains clearly defined and that the deliverables can be adapted where necessary.