Purple Drive is hiring: Business Analyst in Jersey City

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Job Description:

We are seeking an experienced Business Analyst with 8-10 years of expertise in banking and financial services, with a strong focus on Supply Chain Finance and Trade Finance products. The ideal candidate should have proven experience in gathering requirements, preparing documentation, and working closely with stakeholders to deliver scalable business solutions.

Key Responsibilities:

• Gather, analyze, and document business requirements in collaboration with stakeholders.
• Prepare BRDs, FRDs, process flows, use cases, and data mapping documents.
• Work with product and technology teams on core banking systems, trade finance platforms, and digital channels.
• Ensure compliance with SWIFT messaging standards (MT/MX) and ICC guidelines (UCP 600, URC, URDG, ISP98).
• Collaborate with cross-functional teams in Agile/Scrum environments using tools such as JIRA and Confluence.
• Engage with stakeholders to understand business needs, manage expectations, and provide clear communication throughout the project lifecycle.
• Conduct gap analysis, feasibility studies, and support solution design.

• 8-10 years of experience as a Business Analyst in the banking and financial services domain.
• Strong functional expertise in Supply Chain Finance and Trade Finance products (Letters of Credit, Guarantees, Bills, Invoice Financing, Factoring, Forfaiting, etc.).
• In-depth knowledge of SWIFT standards and ICC guidelines.
• Hands-on experience with business analysis artifacts (BRD, FRD, process flows, data mapping).
• Familiarity with core banking systems and digital channels.
• Strong knowledge of Agile/Scrum methodologies and collaboration tools (JIRA, Confluence).
• Excellent communication, stakeholder management, analytical, and documentation skills.