BUSINESS ANALYST - PRODUCT SME - CORPORATE BANKING (ESCROW ACCOUNTS)

Job Purpose

Lead the definition of business requirements for corporate escrow account products aligned with Saudi market demand and AJB's corporate banking proposition. The scope excludes REGA-related requirements, which have already been addressed.

Key Responsibilities

• Assess demand for different 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 the detailed BRD, process flows, business rules, acceptance criteria and requirements traceability matrix.
• Lead stakeholder reviews and manage the BRD through approval and sign-off.

Required Experience

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

Vertical:

Technology