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Purple Drive

Business Analyst (BA)

Purple Drive, Newark, New Jersey, us, 07175

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Role Overview

We are seeking an experienced

Business Analyst (BA)

with strong exposure to the

Banking, Financial Services, and Investment Management domain . The ideal candidate will work closely with stakeholders, product owners, and technology teams to gather, analyze, and translate business requirements into functional specifications. The role requires a deep understanding of financial products, investment operations, and regulatory frameworks.

Key Responsibilities

Engage with business stakeholders to gather, analyze, and document business requirements (BRD, FRD, user stories). Translate business needs into functional and non-functional requirements for technology teams. Conduct

gap analysis, impact analysis, and feasibility studies

for new initiatives. Collaborate with product owners, architects, and QA teams in Agile/Waterfall environments. Prepare

use cases, process flows, and wireframes

to support solution design. Coordinate and support

User Acceptance Testing (UAT)

and ensure business objectives are met. Ensure compliance with

financial regulations, risk, and governance standards . Provide domain expertise in

capital markets, asset management, or wealth management

processes. Act as a bridge between business users and technical teams for smooth project delivery. Required Skills & Experience

5-10 years of experience as a

Business Analyst

with at least

3+ years in BFSI / Investment Management

domain. Strong understanding of

financial products, portfolio management, capital markets, trade lifecycle, risk, and compliance . Proficiency in

requirement gathering, documentation (BRD/FRD), user stories, and process modeling . Experience working in

Agile and/or Waterfall methodologies . Hands-on with

tools like JIRA, Confluence, MS Visio, or other modeling/visualization tools . Excellent communication, analytical thinking, and stakeholder management skills. Good to Have

Knowledge of

Mutual Funds, Hedge Funds, Derivatives, or Wealth Management systems . Familiarity with

regulatory requirements (MiFID, FATCA, GDPR, etc.) . Experience with

data analysis, SQL, or BI tools .