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Business Analyst – Open Banking

Tarabut Riyadh, Saudi Arabia Posted: 07 Nov 2024

Financial

  • Estimate: $40k - $60k*
  • Zero income tax location

Accessibility

  • Office Only
  • Apply from abroad
  • Relocation Support
  • Visa Provided

Requirements

  • Experience: Junior
  • English: Professional
  • Arabic: Basic

Position

Tarabut is a leading financial technology company specializing in Open Banking across the MENA region. Our mission is to make financial services better, faster, more accessible, and more affordable. We work with banks to help externalize their APIs, ensuring they meet Open Banking standards set by regional regulators. By fostering better integration between financial institutions and third-party providers, we are paving the way for a more inclusive and innovative financial ecosystem.

We are looking for a Business Analyst to join our growing team and support Tarabut’s BaaS Unit, which is enabling banks to externalize their APIs to meet Open Banking standards. The role primarily focuses on three key markets: Bahrain, KSA, and UAE, so candidates must be based in or willing to relocate to one of these regions. As part of the Client Delivery team, you will report directly to the Head of Client Delivery and play an integral role in API integration projects, managing client relationships, and supporting banks in navigating the evolving landscape of Open Banking.

Key Responsibilities:

  • API Integration & Analysis: Support banks in externalizing their APIs, ensuring adherence to Open Banking standards. Analyze technical specifications of banking APIs and infrastructure to ensure compliance with regulatory frameworks. Simplify complex technical information for various stakeholders.
  • Stakeholder Management: Collaborate with stakeholders across Bahrain, KSA, and UAE, ensuring alignment on project objectives. Build and maintain relationships with banks, developers, and third-party providers.
  • Documentation & Support: Create and maintain technical documentation, provide ongoing support during the API implementation process, and stay informed of the latest Open Banking trends.

Key Requirements:

  • Technical Knowledge: Basic to intermediate understanding of Open Banking APIs and banking infrastructure. Familiarity with RESTful APIs, JSON, and XML is preferred.
  • Communication & Stakeholder Management: Excellent verbal and written communication skills.
  • Organizational & Analytical Skills: Ability to manage multiple projects and analyze technical data effectively.

Preferred Qualifications:

  • Bachelor’s degree in Computer Science, Information Technology, Finance, or a related field.
  • 1-2 years of experience in financial technology or banking.
  • Previous experience in a client-facing role is a plus.

What We Offer:

  • Career Growth: Opportunities to grow within a fast-paced fintech company.
  • Global Exposure: Collaborate with leading banks and institutions across the MENA region.
  • Impact: Help drive the transformation of financial services in the Middle East.

Language Requirements:
English proficiency is required. Knowledge of Arabic is a plus.

Apply now

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About Tarabut

Tarabut is the leading open banking platform in the MENA region, operating in Saudi Arabia, Bahrain, and the UAE. We are reshaping the financial landscape through innovation, collaboration, and a commitment to accessibility and convenience. Tarabut unites forces and establishes the foundation for an interconnected, personalized, and accessible financial ecosystem. As pioneers in open banking, we seamlessly integrate financial services into the daily lives of people in the region – offering immediate, personalized, and effortlessly integrated solutions.