Job Description:
We are seeking a skilled Business Analyst with experience in the money exchange industry or Wage Protection System (WPS) within the UAE. The ideal candidate will have a deep understanding of MOHRE and CBUAE regulations and be proficient in creating Business Requirement Documents (BRD) and process flows to support regulatory and operational compliance.
Key Responsibilities:
- Collaborate with stakeholders to gather and document detailed business requirements, specifically related to WPS, compliance, and money exchange operations.
- Develop comprehensive Business Requirement Documents (BRD), Functional Requirement Documents (FRD), and other key documentation to facilitate clear understanding for development and implementation teams.
- Use tools such as JIRA and Confluence for tracking and managing requirements and changes throughout the project lifecycle.
- Design and document detailed process flows using tools like Microsoft Visio or Lucidchart to map current and optimized processes related to WPS and money exchange.
- Identify inefficiencies or gaps in existing processes and recommend improvements that ensure compliance with MOHRE and CBUAE standards.
- Ensure all processes align with MOHRE and CBUAE regulations, especially related to WPS and money exchange operations.
- Stay up-to-date with UAE regulatory changes impacting money exchange and WPS and ensure all relevant teams are informed and compliant.
- Work closely with compliance teams to verify alignment with regulatory requirements and update documentation as needed.
- Conduct data analysis to support decision-making and develop insights for the business.
- Prepare and maintain regular reports for internal stakeholders and regulatory bodies, leveraging tools such as Excel and reporting software.
- Act as a bridge between internal teams (Operations, IT, Compliance) and external stakeholders to ensure clear communication and smooth execution of projects.
- Lead workshops, presentations, and training sessions to provide updates, gather feedback, and communicate regulatory requirements.
- Support project managers on compliance and WPS-related projects, contributing to project planning, coordination, and monitoring.
- Track project tasks and progress using JIRA and other project management tools, ensuring alignment with project goals and timelines.
Requirements:
Bachelor’s degree in Business Administration, Finance, or a related field.
3-5years of experience as a Business Analyst in the money exchange industry or with a focus on WPS in the UAE.
Strong knowledge of MOHRE and CBUAE regulations related to WPS and money exchange.
Proficiency in creating Business Requirement Documents (BRD), Functional Requirement Documents (FRD), and process flow diagrams.
Experience with business analysis and project management tools such as JIRA, Confluence, and Microsoft Visio.
Excellent analytical, organizational, and communication skills.