
ORMB Business Analyst
4 days ago
Job Title: ORMB Business Analyst – Banking Domain
Location: Mumbai, Santacruz
Job Type: Full-time
Experience Level: Mid to Senior Level (5+ years)
Job Summary
We are looking for a skilled and experienced Oracle Revenue Management and Billing (ORMB) Business Analyst with a strong background in the banking industry. The ideal candidate will bring over 5 years of hands-on experience in ORMB and deep knowledge of financial products, revenue models, and compliance requirements in banking. You will work closely with stakeholders to drive ORMB implementations and enhancements for Retail banking.
Key Responsibilities
- Collaborate with business users to gather, analyze, and document business requirements specific to banking products and services.
- Translate banking business processes into ORMB functional specifications and user stories.
- Define and validate billing and revenue recognition rules in compliance with banking regulations.
- Conduct business impact analysis for changes related to products, fees, or regulatory policies.
- Work with technical teams to design support testing teams on ORMB solutions tailored to banking requirements.
- Support UAT, production validation, and provide post-implementation support to banking stakeholders.
- Serve as a subject matter expert in ORMB.
Required Qualifications
- 5+ years of experience as a Business Analyst working on ORMB implementations, ideally in the banking industry.
- Strong domain knowledge in banking operations such as:
- Retail banking products
- Interest computation
- Fee structures
- Revenue recognition and regulatory reporting (e.g., IFRS, GAAP)
- Hands-on experience with ORMB modules like:
- Rating and Pricing
- Billing and Invoicing
- Revenue Allocation and GL Integration
- Proven ability to write BRDs, FRDs, user stories, process flows, and testing artifacts.
- Strong communication skills to interact with business stakeholders, SMEs, and technical teams.
- Experience with both Agile and Waterfall project methodologies.
Preferred Qualifications
- Experience in ORMB upgrades, cloud deployments, or integrations with core banking platforms (e.g., Finacle, Temenos, Flexcube).
- Proficiency in SQL for data validation and reconciliation.
- Knowledge of reporting tools and reconciliation processes.
- Experience with JIRA, Confluence, or similar tools.
Education
- Bachelor’s degree in Business, Finance, Information Technology, or related field.
- ORMB certification or training is a plus.
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