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Business Analyst - Core Banking

Company Description

At Shift, we’re business specialists dedicated to helping Australian SMEs take control of their cashflow, streamline trade terms and choose the right financial products. 

We believe Australian businesses are the driving force behind our economy and are core to our communities. That’s why our business expertise, focus on relationships, and market-leading technology is at the core of everything we do.  

Our unique approach to product innovation combined with our collaborative culture means you can build your career in a supportive environment. You’ll be joining a diverse team of over 250 people who are always looking to deliver better outcomes for Australian businesses. 

Job Description

We are looking for a skilled and motivated Business Analyst to join our team and help shape the development and integration of a Core Ledger solution within our new Core Banking platform. This is a greenfield project offering a unique opportunity to build and design the platform from the ground up. You'll collaborate with cross-functional teams to deliver seamless financial transaction processing and robust accounting functionality.

What you'll do:

  • Lead discovery sessions and workshops with stakeholders to gather business requirements for the Core Ledger solution.
  • Create and document user stories in JIRA, ensuring alignment with the overall Core Banking platform architecture.
  • Assess and document risks, dependencies, and impacts across processes and teams, proactively mitigating issues.
  • Propose and design effective Core Ledger solutions that meet business goals while considering scalability, security, and compliance.
  • Map current and proposed customer journeys and workflows in Confluence.
  • Collaborate with project teams to manage timelines, scope, and resources to ensure successful delivery of Core Ledger initiatives.
  • Act as a liaison between technical teams and business stakeholders, ensuring alignment on goals and deliverables.
  • Support QA testing, validate solutions, and ensure they meet business and technical requirements.
  • Ensure compliance with relevant regulations and standards in Core Ledger solutions.

Qualifications

What you'll bring: 

  • Previous experience as a Business Analyst (preferably in Core Banking platforms).
  • Strong ability to navigate ambiguity and adapt to changing priorities in a dynamic environment.
  • Experience working collaboratively within cross-functional teams.
  • Exceptional analytical, problem-solving, and conceptual thinking skills.
  • Proven ability to influence stakeholders and communicate effectively across technical and business teams.
  • Strong documentation skills, with the ability to interpret and document technical processes.
  • A track record of supporting complex projects from discovery to delivery.

Additional Information

Key benefits: 

  • Collaborative teams – a flat structure means everyone can learn from colleagues and senior leaders around the business.  
  • Be involved – come together with all of your colleagues every 100 days to share the product and technology roadmap and business strategy.  
  • Flexible working environment – we’re headquartered in North Sydney with state-based workplaces and offer a flexible work policy.  
  • Family support – industry leading 26 weeks paid parental leave.  
  • Varied workspaces – our office enables areas for collaboration, brainstorming and socialising as well as focus zones. 
  • Range of benefits – supporting your physical, psychological and financial wellbeing. 

#LI-Hybrid

Average salary estimate

$100000 / YEARLY (est.)
min
max
$80000K
$120000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Business Analyst - Core Banking, Shift

At Shift, we’re on the lookout for a talented Business Analyst to join our innovative team in North Sydney. If you have a knack for understanding complex financial systems and want to make a real impact, you’ll love being part of our greenfield Core Banking project. This role involves crafting a cutting-edge Core Ledger solution, where you’ll lead engaging discovery sessions with stakeholders to gather the vital business requirements. You’ll become the bridge between technical teams and business stakeholders, ensuring everyone is on the same page as we build something extraordinary from scratch. Your skills in creating user stories in JIRA and documenting processes in Confluence will be key to our success. Plus, you’ll assess risks, manage resources, and ensure compliance with industry standards throughout. It’s not just about the numbers; you will also play an essential role in shaping the customer journey and advocating for effective, scalable solutions. At Shift, we believe in a collaborative, flat structure where everyone’s voice matters, and we are committed to supporting your growth within a diverse team of over 250 professionals. This is more than just a job; it’s a chance to enhance Australian businesses and contribute to their success. Ready to dive into this exciting opportunity as a Business Analyst with Shift? Let’s create something remarkable together!

Frequently Asked Questions (FAQs) for Business Analyst - Core Banking Role at Shift
What are the main responsibilities of a Business Analyst at Shift?

As a Business Analyst at Shift, your primary responsibilities will include leading discovery sessions with stakeholders, documenting user stories in JIRA, assessing risks and impacts, and proposing solutions that align with business goals. You will also map customer journeys, collaborate on project timelines, and act as a liaison between technical teams and business stakeholders, ensuring successful delivery of the Core Ledger initiatives.

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What qualifications do I need to apply for the Business Analyst position at Shift?

To apply for the Business Analyst position at Shift, you should have previous experience in a similar role, preferably within Core Banking platforms. Strong analytical skills, exceptional problem-solving abilities, and the ability to navigate ambiguity are critical. Additionally, experience working within cross-functional teams and excellent documentation skills are highly valued.

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What software tools do Business Analysts at Shift commonly use?

Business Analysts at Shift commonly utilize JIRA for documenting user stories and managing tasks, as well as Confluence for documenting processes and workflows. Familiarity with project management tools and methodologies, along with a proficiency in risk assessment and documentation, will enhance your effectiveness in this role.

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How does Shift support the development of its Business Analysts?

At Shift, we believe in fostering growth through collaboration and learning. Business Analysts benefit from a flat structure that encourages knowledge-sharing among colleagues and senior leaders. Additionally, you will participate in team discussions every 100 days, discussing product roadmaps and business strategy, ensuring continuous professional development and support.

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What is the company culture like at Shift for a Business Analyst?

The company culture at Shift is collaborative, supportive, and focused on innovation. As a Business Analyst, you’ll be part of a diverse team where open communication and teamwork are highly valued. We provide flexible working options and encourage a balance between work and personal life, making it an ideal environment for professionals looking to thrive.

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Common Interview Questions for Business Analyst - Core Banking
Can you describe a challenging project you worked on as a Business Analyst?

In your response, focus on detailing a specific project where you faced significant challenges and how you navigated them. Highlight your analytical skills, problem-solving techniques, and collaboration with stakeholders that led to successful outcomes.

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How do you approach gathering requirements from stakeholders?

Discuss your methodology for holding discovery sessions, using techniques such as interviews and workshops. Emphasize the importance of active listening to ensure thorough understanding of their needs and aligning them with business goals.

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What criteria do you use to evaluate risks in a project?

Outline your risk assessment process, emphasizing identifying potential risks, analyzing their impact, and determining mitigation strategies. Providing examples from past experiences can illustrate your approach effectively.

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How do you ensure effective communication between technical teams and non-technical stakeholders?

Highlight your ability to translate technical jargon into understandable terms and vice versa. Discuss strategies like regular updates, using visual aids, and being available for clarifications as ways to facilitate smooth communication.

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What tools do you prefer for documenting and managing projects?

Mention your preferences, such as JIRA for task management and Confluence for documentation. You might also want to discuss how you utilize these tools to maintain organization and alignment among project teams.

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How do you handle changes in project scope or priorities?

Explain your adaptability and strategic approach to handling scope changes, including communicating with stakeholders to reassess priorities while ensuring that project goals are still met.

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What is your experience with user story creation?

Discuss your process for creating user stories, including identifying user needs, acceptance criteria, and ensuring they align with overall strategic goals of the project. Provide examples from your work history.

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How do you map customer journeys in your projects?

Illustrate your techniques for mapping customer journeys, emphasizing the importance of understanding user experiences and aligning them with business objectives. Mention any tools or methods you use for visualization.

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Can you explain your experience with QA testing?

Describe your role in supporting QA testing, including validating solutions against business and technical requirements. Share how you collaborate with QA teams to ensure that all deliverables meet the necessary standards.

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Why do you want to work as a Business Analyst at Shift?

Your answer should reflect your alignment with Shift's mission of supporting Australian SMEs, your passion for developing innovative banking solutions, and your enthusiasm for working collaboratively within a diverse team focused on achieving great results.

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Full-time, hybrid
DATE POSTED
April 10, 2025

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