BUSINESS ANALYST PRODUCT SME CORPORATE BANKING (ESCROW ACCOUNTS)

About the Role

Duncan & Ross is seeking a Business Analyst - Product SME - Corporate Banking (Escrow Accounts) to join their team in Riyadh. This full-time role involves leading the definition of business requirements for corporate escrow account products, ensuring alignment with Saudi market demand and the corporate banking proposition. The scope of this role specifically excludes REGA-related requirements.

Role Purpose and Context

The primary purpose of this position is to drive the development and implementation of corporate escrow account products within the technology vertical. The Business Analyst will be responsible for translating market needs into detailed business requirements, ensuring that the product offering is comprehensive and compliant with regulatory and operational standards.

Key Responsibilities

• Assess demand for various corporate escrow use cases and define the target product proposition.
• Define target customer segments, eligibility criteria, account structures, and permitted transaction types.
• Document end-to-end processes for account opening, funding, transaction authorization, fund release, reconciliation, servicing, and closure.
• Define the roles and obligations of the bank, account holder, beneficiary, and other involved parties.
• Document approval structures, conditions for releasing funds, exception scenarios, and dispute-handling requirements.
• Define operational, legal, compliance, reporting, notification, and control requirements.
• Identify integration requirements across core banking, digital channels, payments, workflow, document management, and reporting platforms.
• Produce detailed Business Requirements Documents (BRD), process flows, business rules, acceptance criteria, and requirements traceability matrix.
• Lead stakeholder reviews and manage the BRD through approval and sign-off.

Qualifications and Experience

• At least 7 years of experience in corporate banking, transaction banking, or business analysis.
• Direct experience in designing or implementing escrow account products.
• Strong understanding of escrow operating models, account controls, conditional fund release, and reconciliation.
• Experience in developing detailed BRDs for banking products.
• Saudi or GCC banking experience is strongly preferred.

Work Type

This is a full-time position requiring dedicated engagement within the team.

Application Process

Candidates meeting the specified requirements are encouraged to apply.