Senior Business Analyst

The role is about:

We are looking for a Senior Business Analyst to join our Core Banking team and drive the analysis of complex banking and payments initiatives across our platform. You will work across Product, Engineering, Finance, Operations, and Compliance to turn domain complexity into clear, structured requirements that support high-quality delivery in a regulated environment. This is a role for someone who understands how banking products really work beneath the surface — from payment flows and ledger logic to safeguarding, reconciliation, and operational controls.

Location: Cyprus, onsite via employment contract; Portugal or Poland, remote via contractor arrangement

Reporting to : Product Manager

What you will do:

Own requirements gathering, analysis, and documentation across core banking product domains, including accounts, payments, cards, FX, and fee management

Define and document end-to-end payment flows across EU and UK schemes , including inbound, outbound, internal, rejected, returned, and recalled transactions

Translate money movement, settlement, and accounting logic into functional requirements in close collaboration with Finance and Engineering

Define requirements for banking settlement and correspondent account operations, including reconciliation, safeguarding, segregation of funds, and internal fund movements

Convert regulatory and compliance obligations into actionable functional specifications and acceptance criteria, including areas such as KYC, AML, transaction monitoring, and licensing requirements

Partner closely with Engineering on API design, system integrations, service dependencies, and solution design , bringing strong domain context into technical discussions

Break down large initiatives into structured delivery artefacts, ensuring clear traceability from business need to implementation outcome

Coordinate and support UAT , business validation, and stakeholder sign-off across Operations, Finance, Compliance, Product, and Engineering

Identify gaps in operational processes and internal tooling, including client account management, fee configuration, transaction monitoring workflows, and exception handling

Manage scope, dependencies, assumptions, and stakeholder alignment across multiple parallel workstreams

What we need:

5+ years of experience as a Business Analyst in fintech, banking, or a PI/EMI environment , with direct experience delivering core banking or payments-related capabilities

Strong knowledge of EU and UK banking domains , including multi-currency IBANs, correspondent banking, safeguarding and segregation of client funds, nostro account structures, and PI/EMI operating models

Deep expertise in payment rails and transaction lifecycles, including SEPA (SCT, SCT Inst, SDD, returns, recalls), SWIFT, Faster Payments, BACS, and CHAPS

Solid understanding of double-entry accounting , ledger logic, general ledger structures, Chart of Accounts, and journal flows in a regulated financial environment

Ability to work credibly with Engineering on system architecture, API contracts, event-driven integrations, and service interactions

Comfortable reading and interpreting API documentation, process flows, sequence diagrams, and technical specifications

Strong business analysis toolkit, including process modelling, requirements decomposition, acceptance criteria writing, and structured documentation

Excellent stakeholder management and communication skills, with the ability to align Engineering, Finance, Compliance, Operations, and Product around complex requirements and delivery trade-offs