Posted 3 days ago

Senior Business Analyst, Islamic Banking

Onsite Full Time
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Job description

Who are we? At Finastra, we’re a global leader in financial services software, dedicated to expanding access to financial services and shaping what’s next for the industry. Our technology powers mission‑critical solutions across Lending, Payments and Universal Banking, supporting over 7,000 customers, including 80% of the world’s top 50 banks, in more than 110 countries. Disclaimer: Finastra has signed an agreement to sell its Universal Banking business to Pollen Street Capital, with completion expected end 2026 / early 2027, subject to consultation and customary closing conditions. Upon completion, this role is expected to transition to the standalone Universal Banking business, creating opportunities to support its future growth and success. Role Overview We are seeking a highly skilled Senior Business Analyst, Islamic Banking to drive the evolution of our Islamic core banking capabilities, with a focus on Islamic origination and profit distribution modules. This role operates at the intersection of product strategy, execution, Shariah compliance, and customer success. You will collaborate closely with engineering, implementation, compliance, and client-facing teams to deliver high-value, scalable, and Shariah-aligned solutions across the full product lifecycle—from concept and design through to delivery, validation, and adoption. Key

Responsibilities

1. Product Strategy & Ownership: Define and drive the roadmap for Islamic origination and profit distribution capabilities. Translate strategic objectives into actionable product initiatives across onboarding, financing journeys, pool management, profit calculation, and distribution. Align product investments with customer needs, regulatory expectations, and market demand. 2.

Requirements

& Product Development: Lead end-to-end requirements lifecycle: intake, analysis, refinement, development, and validation. Translate business needs into clear functional and technical specifications, user stories, and acceptance criteria. Perform impact analysis across contracts, pools, ledgers, accounting, and dependent systems. Collaborate closely with engineering teams to deliver scalable and high-quality solutions. 3. Stakeholder & Client Engagement: Act as a key liaison between product, engineering, implementation teams, compliance stakeholders, and customers. Facilitate workshops, requirements discussions, product demos, and stakeholder alignment sessions. Gather, analyze, and reconcile inputs from multiple stakeholders to drive informed decision-making. 4. Delivery Excellence & Quality Assurance: Support and validate unit, integration, and business acceptance testing. Ensure delivered features meet functional requirements, financial integrity standards, and Shariah compliance. Distinguish between defects and enhancements and drive appropriate prioritization. Support release readiness activities including documentation, release notes, and communications. 5. Integration & Ecosystem Alignment: Ensure seamless integration with: Islamic financing and servicing systems Deposits, pools, and general ledger modules Digital onboarding and channel platforms Risk, compliance, and reporting systems Drive interoperability across APIs, services, and partner ecosystems. 6. Documentation & Enablement: Partner with technical writers to produce clear and comprehensive product documentation. Ensure documentation supports implementation, operations, and audit/compliance requirements. Enable strong product understanding across internal teams and clients. 7. Adoption, Training & SME Support: Identify training needs and deliver product enablement for internal teams and customers. Act as a subject matter expert (SME) for Islamic banking capabilities. Drive adoption and effective usage of product features. 8. Leadership & Continuous Improvement: Mentor and guide junior team members, improving quality and best practices. Lead cross-functional collaboration and facilitate workshops or working groups. Identify and drive improvements in product management processes and delivery frameworks. Required Skills &

Experience

1. Domain Expertise: Solid experience in financial services, with strong exposure to Islamic banking. Deep understanding of: Islamic financing and profit distribution Core banking systems (loans, deposits, payments) Interaction between Islamic and conventional banking models 2. Technical & Analytical Skills: Strong analytical and problem-solving capabilities. Understanding of: APIs and service-oriented/microservices architecture Data analysis (SQL knowledge preferred) Ability to translate complex business requirements into structured solutions. 3. Product & Delivery

Experience

Experience

with Agile/Scrum methodologies and SDLC processes. Proven experience managing full requirement lifecycle (intake through delivery and validation). Ability to manage multiple concurrent initiatives in a fast-paced environment. 4. Stakeholder Management: Excellent communication and interpersonal skills. Strong facilitation and influencing capabilities across technical and business teams. 5. Leadership & Collaboration:

Experience

mentoring and developing team members. Proven ability to collaborate effectively across cross-functional teams.

Education

& Certifications: Bachelor’s degree in Business, Finance, Computer Science, or related field. MBA or equivalent is a plus. Product certifications (e.g., Scrum Product Owner, Pragmatic) are desirable.

Preferred Qualifications

Experience

with platform-based or cloud-native banking systems. Knowledge of regulatory and compliance frameworks in banking. Demonstrated success delivering customer-centric product enhancements. We are proud to offer a range of incentives to our employees worldwide. These benefits are available to everyone, regardless of grade, and reflect the values we stand for: Flexibility: Enjoy unlimited vacation, subject to local regulations and business priorities. Benefit from hybrid working arrangements and inclusive policies such as paid time off for voting, bereavement, and sick leave. Well‑being: Access confidential one‑to‑one support through our Employee Assistance Program, connect with our network of Wellbeing Champions and Gather Groups, and take part in monthly events and initiatives designed to help you thrive—inside and outside of work. Health & Financial Security: Medical, life and disability insurance, retirement plans, lifestyle, and other benefits.* Sustainability: Paid time off for volunteering and donation‑matching opportunities to support causes that matter to you. Inclusion: Get involved in our inclusion communities, such as Count Me In, Culture@Finastra, Proud@Finastra, Disabilities@Finastra, and Women@Finastra—open to everyone who wants to participate and contribute. Career Development: Access online learning and accredited courses through our Skills & Career Navigator tool. Recognition: Take part in our global recognition program, Finastra Celebrates, and share your voice through regular employee surveys that help shape our culture and ways of working. *Specific benefits may vary by location. At Finastra, each individual is unique—bringing their own ideas, perspectives, cultural backgrounds, and experiences. We learn from one another, value what makes us different, and create an environment where everyone feels included, supported, and able to be their authentic selves. Be unique. Be exceptional. Help us make a difference at Finastra. At Finastra, our team members are the driving force behind everything we do. We’re building an environment where bold ideas thrive, careers flourish, and innovation is a shared journey. Whether you're a recent graduate ready to shape the future or a seasoned professional seeking your next challenge, you’ll play a pivotal role in delivering software solutions that redefine what’s possible in financial services. We believe growth is a shared commitment. That’s why we offer a rich ecosystem of learning—from hands-on training and mentorship to leadership development and industry certifications. You’ll have the freedom to explore new paths, deepen your expertise, and make your mark in a global fintech that’s built for the future. Our career development isn’t just a program—it’s a promise. With access to cutting-edge tools, a culture of collaboration, and a community that champions your success, you’ll be empowered to lead, challenge, and create meaningful change. Because when we grow together, we innovate together—and that’s how we shape what’s next in finance. We offer incredible career opportunities and your work in close collaboration with fantastic colleagues globally to develop and launch innovative software solutions for our customers. There is a huge range of engaging projects where you can get stuck-in and add value whilst taking advantage of our ongoing development opportunities to build and hone your skills in your chosen area. Our perks include paid holidays, flexible working hours, a pension plan, and comprehensive health initiatives. Join us to supercharge your career, collaborate with industry experts, and thrive in a nurturing environment that powers both your professional and personal growth With us, you can grow, innovate, and make a real impact. At Finastra, we are proud of the wide range of incentives and benefits we offer our employees globally, reflecting our core values: doing well by doing good, putting people first, and open opportunities. We go beyond statutory requirements to maximise our offerings, investing in flexible working policies, personal growth opportunities, and well-being programmes. Highlights include our Flexible Vacation Policy, inclusive people policies, hybrid working framework, and comprehensive well-being support through initiatives like the Employee Assistance Program, the wellbeing Champions and our monthly events and initiatives. Additionally, we emphasise sustainability through volunteering time off and donation matching, champion inclusion through multiple employee networks and cultural initiatives, and invest heavily in career and skills development. Recognition of our employees' efforts is integral, with our global recognition platform and regular employee feedback surveys shaping our inclusive and supportive workplace culture At Finastra, we are committed to creating a workplace where you feel valued and respected. We believe this environment drives innovation and we strive to build a team that reflects the varied backgrounds, perspectives, and experiences of our global ecosystem. This philosophy is at the heart of our culture and the way we work. The company privacy policy can be found here Finastra Privacy Policy

Skills and functions

  • Customer Support
  • Finance
  • Product Management
  • Sql