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

Nice to Have:
- Working knowledge of relevant regulatory frameworks and obligations, including  AML/KYC, sanctions screening, transaction monitoring, GDPR, PSD2, and EMI-related controls in the EU and/or UK
- Experience working in environments with  regulated money movement, safeguarding controls, and financial reconciliation proc