{"id":2778802,"url":"https://alion.io/job/persistent-systems-business-analyst-islamic-banking","title":"Business Analyst - Islamic Banking","company":{"id":59479,"name":"Persistent Systems","domain":"persistent.com","url":"https://alion.io/company/persistent-systems","size_band":null,"is_staffing_agency":false,"employer_type":"direct","is_intermediary":false,"listed_via":null,"ats_vendor":"Zwayam","truth_index":{"grade":"B","score":75,"open_postings":17,"ghost_share":0,"stale_share":1,"repost_share":0,"time_to_fill_p50_days":null,"computed_at":"2026-10-17T05:46:00Z"}},"role":"Analytics","role_family":"Analytics","seniority":"senior","employment_type":null,"work_mode":"hybrid","remote_scope":null,"remote_scope_basis":null,"remote_working_hours":null,"hiring_geo_confidence":"structured","locations":["Pune, India"],"countries":["IN"],"hiring_countries":[],"hiring_countries_total":0,"salary":null,"salary_estimate":{"min_usd":14500,"max_usd":29000,"period":"year","method":"role_seniority_country_remote_cell","sample_n":22},"experience_years_min":8,"visa_sponsorship":false,"relocation_package":false,"has_equity":false,"technologies":[{"name":"Agile","optional":false},{"name":"Scrum","optional":false},{"name":"Waterfall","optional":false}],"status":"live","first_seen_at":"2026-07-21T13:11:42Z","employer_posted_date":"2026-10-17","last_verified_at":"2026-10-17T23:44:40Z","board_verified":true,"closed_at":null,"days_open":88,"trust":{"level":"ok","repost_count":null,"flags":[],"days_open":88},"description":"About Persistent\nWe are an AI-led, platform-driven Digital Engineering and Enterprise Modernization partner, combining deep technical expertise and industry experience to help our clients anticipate what?s next. Our offerings and proven solutions create a unique competitive advantage for our clients by giving them the power to see beyond and rise above. We work with many industry-leading organizations across the world, including 20 Fortune 50 companies and 4 of the 5 top banks in both the US and India, and numerous innovators across the healthcare ecosystem.\nOur disruptor?s mindset, commitment to client success, and agility to thrive in the dynamic environment have enabled us to sustain our growth momentum. Persistent has been recognized across top industry platforms for innovation, leadership, and inclusion. We reported $1,654.4M FY26 revenue with 17.4% Y-o-Y growth. We have delivered 24 sequential quarters of growth with $436.0M in Q4 FY26 revenue, up 3.2% Q-o-Q and 16.2% Y-o-Y growth. Our 27,500+ global team members, located in 18 countries, have been instrumental in helping the market leaders transform their industries. We have been recognized as the Fastest Growing IT Services Brand Globally in the 2026 Brand Finance IT Services 25 Report. We named a Leader in the Everest Group Private Equity (PE) Services PEAK Matrix? Assessment 2026 and Software Product Engineering PEAK Matrix? Assessment 2026.\nAbout Position:\nWe are seeking an experienced Business Analyst - Islamic Banking to join our team and play a key role in delivering business and technology solutions across Islamic Banking, Loan Servicing, and Core Banking platforms. The ideal candidate will possess deep domain expertise in Islamic Banking products, financing operations, and Sharia-compliant banking processes, along with strong business analysis capabilities to gather, analyze, and translate business requirements into functional solutions.\nRole: Business Analyst -Islamic Banking\nLocation: All Persistent Locations\nExperience: 8 to 12 Years\nJob Type: Full-Time Employment\nWhat You'll Do:\nElicit, analyze, and document business, functional, and non-functional requirements.\nLead workshops with business stakeholders, product owners, architects, and technology teams.\nDefine end-to-end business processes for Islamic financing products including Home Finance, Personal Finance, Commercial Finance, Asset Finance, Ijarah and Murabaha-based products.\nAnalyze and document financing servicing requirements including Disbursements, Profit calculations and accruals, Repayment schedules, Early settlements, Restructuring and rescheduling, Arrears management and collections, Account closure and recoveries.\nWork closely with solution architects and engineering teams to define API requirements, integration specifications, and business rules.\nProduce high-quality BRDs, user stories, process maps, data mappings, and acceptance criteria.\nSupport core banking migrations, system enhancements, and integration initiatives.\nExpertise You'll Bring:\n8-12 years of experience as a Business Analyst in Banking or Financial Services.\nStrong experience in Business Analysis (BA), requirement gathering, and stakeholder management.\nDeep understanding of Islamic Banking products, processes, and Sharia-compliant financing principles.\nHands-on experience in Loan Servicing and lending operations.\nExperience working with Core Banking platforms and banking transformation programs.\nKnowledge of API integrations, system interfaces, and digital banking ecosystems.\nExpertise in preparing BRD, FRD, user stories, process flow diagrams, and functional specifications.\nStrong understanding of SDLC, Agile, Scrum, and Waterfall delivery methodologies.\nExcellent analytical, problem-solving, and communication skills.\nAbility to work effectively with cross-functional teams in a fast-paced environment.\nCollaborate with QA teams during SIT and UAT phases and support defect triage activities.\nEnsure compliance with regulatory, audit, and Shariah governance requirements.\nStrong understanding of RESTful APIs and microservices architecture.\nExperience working with middleware and integration platforms.\nHands-on experience with one or more core banking platforms such as Mambu, Temenos Transact, Finastra, Oracle FLEXCUBE, Finacle, Other modern core banking systems.\nBenefits:\nCompetitive salary and benefits package\nCulture focused on talent development with quarterly growth opportunities and company-sponsored higher education and certifications\nOpportunity to work with cutting-edge technologies\nEmployee engagement initiatives such as project parties, flexible work hours, and Long Service awards\nAnnual health check-ups\nInsurance coverage: group term life, personal accident, and Medicwlo,laim hospitalization for self, spouse, two children, and parents\nValues-Driven, People-Centric & Inclusive Work Environment:\nPersistent is dedicated to fostering diversity and inclusion in the workplace. We invite applications from all qualified individuals, including those with disabilities, and regardless of gender or gender preference. We welcome diverse candidates from all backgrounds.\nWe support hybrid work and flexible hours to fit diverse lifestyles.\nOur office is accessibility-friendly, with ergonomic setups and assistive technologies to support employees with physical disabilities.\nIf you are a person with disabilities and have specific requirements, please inform us during the application process or at any time during your employment\nLet?s unleash your full potential at Persistent - persistent.com/careers\n?Persistent is an Equal Opportunity Employer and prohibits discrimination and harassment of any kind.?","description_format":"text","description_chars":5696,"description_truncated":false,"requirements":{"experience_years_min":8,"management_years_min":null,"team_size_min":null,"manages_managers":false,"education":null,"security_clearance":false,"languages":[]},"benefits":["Equity","Flexible schedule","Growth opportunities","Hybrid work","Insurance coverage"],"hiring_locations":[{"name":"India","iso":"IN","kind":"country"}],"hiring_excludes":[],"relocation_offered":false,"industries":["Financial Services","Artificial Intelligence","Health Care","Information Technology"],"lifecycle":[{"event":"open","at":"2026-10-17T10:44:57Z"}],"visa":[],"liveness":{"score":13,"band":"cold","label":"Long shot","p_open":1,"p_active":0.45,"p_room":0.28,"age_days":88,"expected_fill_days":26,"reasons":["conf:2","win:tail","crowd:brand"],"computed_at":"2026-10-18T01:55:06Z"},"pay":null,"html_url":"https://alion.io/job/persistent-systems-business-analyst-islamic-banking","json_url":"https://alion.io/job/persistent-systems-business-analyst-islamic-banking.json","meta":{"generated_at":"2026-10-18T01:55:06Z","cache_seconds":300,"methodology":"https://alion.io/methodology","terms":"https://alion.io/terms","contact":"https://alion.io/contact","api":"https://alion.io/developers","about":"Alion is a live layer of people, companies and AI agents: who they are, whether they are real and active right now, what they do and how to work with them, readable by people and by agents and paid per call.","catalog":"https://alion.io/catalog.json","usage":{"tier":"crawler_verified","counted_by":"address","units_charged":1,"used_today":3104,"day_limit":null,"remaining_today":null,"minute_limit":300,"resets_at":"2026-10-19T00:00:00Z"}},"offers":[{"id":"company.slices","title":"One company in depth, by slice","status":"live","price":{"credits":0.02,"usd":0.002,"plus_per_slice":{"credits":0.05,"usd":0.005}},"unit":"per company, plus each slice with data","note":"the employer in depth","call":{"mcp_tool":"get_company","arguments":{"id":59479},"rest":"https://alion.io/mcp/rest/get_company?id=59479"},"human":"https://alion.io/catalog?offer=company.slices&for=job%2Fpersistent-systems-business-analyst-islamic-banking"},{"id":"market.stats","title":"A market slice: pay, demand and time to fill","status":"live","price":{"credits":1,"usd":0.1},"unit":"per slice","note":"pay, demand and time to fill for this role and place","call":{"mcp_tool":"market_stats"},"human":"https://alion.io/catalog?offer=market.stats&for=job%2Fpersistent-systems-business-analyst-islamic-banking"},{"id":"job.search","title":"Open jobs by role, technology, place, pay and visa","status":"live","price":{"credits":0.02,"usd":0.002},"unit":"per posting in a list","note":"similar open postings","call":{"mcp_tool":"search_jobs"},"human":"https://alion.io/catalog?offer=job.search&for=job%2Fpersistent-systems-business-analyst-islamic-banking"},{"id":"company.verify","title":"Is this company real and active right now","status":"pilot","price":null,"unit":"per company","request":{"url":"https://alion.io/catalog/request","method":"POST","body":"{\"offer\": \"company.verify\", \"for\": \"job/persistent-systems-business-analyst-islamic-banking\", \"note\": \"what you need it for\"}"},"human":"https://alion.io/catalog?offer=company.verify&for=job%2Fpersistent-systems-business-analyst-islamic-banking"}]}