Business Analyst – Banking Domain (Deposits, Loans & ACH Payments)

Role: Business Analyst – Banking Domain (Deposits, Loans & ACH Payments) Location: Tysons, VA Work Model: Onsite – 5 Days/Week Duration: 7 Months with potential for extension Experience: 8–10 Years Job Summary We are seeking an experienced Business Analyst with 8–10 years of experience in the Banking and Financial Services industry. The ideal candidate will have strong expertise in Deposits, Loans, ACH Payments, and Banking Operations, along with hands-on experience using AI-powered tools to enhance requirements gathering, documentation, software delivery, and testing. The Business Analyst will work closely with business stakeholders, product owners, architects, developers, QA teams, and vendors to deliver high-quality solutions using Agile methodologies. • Key ResponsibilitiesGather, analyze, and document business and functional requirements. • Conduct stakeholder interviews, workshops, and requirements elicitation sessions. • Prepare and maintain: • Business Requirement Documents (BRDs) • Functional Requirement Documents (FRDs) • Process flows • Use cases • User stories • Translate business requirements into well-defined Agile user stories with acceptance criteria. • Collaborate with Product Owners to manage and prioritize the product backlog. • Facilitate Agile ceremonies including: • Sprint Planning • Backlog Grooming • Sprint Reviews • Retrospectives • Leverage AI tools such as Microsoft Copilot, ChatGPT, Claude, Gemini, or similar platforms to improve: • Requirements gathering • Documentation • Business analysis • Software delivery • Identify opportunities to introduce AI-driven automation across the SDLC. • Support AI-assisted testing strategies to improve UAT efficiency and defect detection. • Collaborate with development, QA, architecture, and business teams throughout the project lifecycle. • Track requirements, defects, and project progress using JIRA and Confluence. • Support UAT planning, execution, defect triage, and production readiness activities. Required Skills • Banking DomainStrong experience with: • Deposits • Loans • ACH Payments • Banking Operations • Financial Services products and processes • Business AnalysisRequirements elicitation and documentation • Business process modeling and process improvement • User story creation and backlog management • Gap analysis • Stakeholder management • Strong analytical and problem-solving skills • Agile & Collaboration ToolsAgile/Scrum methodologies • JIRA • Confluence • Sprint Planning • Backlog Grooming • User Story and Acceptance Criteria development • AI & InnovationPractical experience with AI technologies and productivity tools • Experience using AI for: • Requirements gathering • Documentation generation • SDLC acceleration • Development support • Test case generation • UAT optimization • Ability to identify automation opportunities and improve delivery efficiency using AI • QualificationsBachelor's degree in Business, Information Technology, Computer Science, or a related field. • 8–10 years of Business Analysis experience. • Mandatory experience in Banking or Financial Services. • Excellent verbal and written communication skills. • Strong stakeholder management and presentation skills. • Experience working in Agile cross-functional teams. • Preferred QualificationsExperience supporting Digital Banking transformation initiatives. • Knowledge of: • Lending platforms • Deposit Operations • ACH Payments • Payments modernization programs • Experience with AI-powered SDLC and productivity tools. • CBAP, PMI-PBA, Scrum, or Agile certifications are preferred. 1. Top 3 Required SkillsBanking domain expertise in Deposits, Loans, and ACH Payments. 1. Hands-on experience with AI tools (ChatGPT, Microsoft Copilot, Claude, Gemini, etc.) for business analysis and SDLC activities. 1. Strong Business Analysis skills including requirements gathering, Agile user story creation, backlog management, and UAT support. • Ideal Candidate Profile8–10 years as a Business Analyst within Banking or Financial Services. • Strong functional knowledge of Deposits, Lending, and ACH Payments. • Experienced in Agile environments using JIRA and Confluence. • Demonstrated ability to leverage AI tools to improve documentation, SDLC efficiency, testing, and business analysis. • Excellent communication, stakeholder management, and problem-solving skills. Applicant Notices & Disclaimers • For information on benefits, equal opportunity employment, and location-specific applicant notices, click here At SPECTRAFORCE, we are committed to maintaining a workplace that ensures fair compensation and wage transparency in adherence with all applicable state and local laws.This position's pay range is $45.00/hr - $50.00/hr.