Cognizant

Senior Associate - Business Systems Analyst (Banking & Financial Services)

Cognizant$88K — $105K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2-5 years of relevant experience as a Business Analyst or related role.
  • Experience within Banking, Financial Services, or related domains.
  • Strong analytical and problem-solving skills.
  • Proven ability to gather and document business and functional requirements.
  • Experience with data and reporting to support decision-making.
  • Understanding of system implementation lifecycles and change management.
  • Strong stakeholder management and communication skills.
  • Bachelor's degree in a relevant field.

Responsibilities

  • Gather and document business, functional, and system requirements.
  • Act as a liaison between business stakeholders and technology teams.
  • Conduct assessments and support process design initiatives.
  • Analyze data outputs to identify trends and improvement opportunities.
  • Create project documentation including user stories and process flows.
  • Support testing activities including UAT coordination and issue resolution.
  • Monitor project risks, issues, dependencies, and action items.

Benefits

  • Medical, dental, and vision coverage
  • Employee assistance programs
  • Wellness and wellbeing initiatives
  • Paid vacation and company holidays
  • Professional development and certification reimbursement
  • Learning and career growth programs
  • Retirement savings and financial wellness offerings
Full Job Description
Senior Associate - Business Systems Analyst (Banking & Financial Services)

Location: North Carolina, USA

About the Role

As a Senior Associate - Business Systems Analyst, you will play a key role in supporting large-scale Banking and Financial Services transformation initiatives. You will work closely with business and technology stakeholders to gather requirements, analyze business processes, support reporting initiatives, and drive successful project delivery.

The ideal candidate brings a strong foundation in business analysis, data analysis, stakeholder engagement, and banking operations, with the ability to translate business needs into actionable solutions.

You will be a valued member of Cognizant's Banking & Financial Services Consulting team, collaborating with client stakeholders, business leaders, and delivery teams throughout the project lifecycle.

In This Role, You Will
  • Gather, analyze, and document business, functional, and system requirements.
  • Act as a liaison between business stakeholders and technology teams.
  • Conduct current-state assessments and support future-state process design.
  • Analyze data and reporting outputs to identify trends, gaps, and opportunities for improvement.
  • Support reporting and business intelligence initiatives through data validation, reconciliation, and quality checks.
  • Create business requirements documents, user stories, process flows, and other project documentation.
  • Support testing activities, including test case creation, UAT coordination, defect tracking, and issue resolution.
  • Assist with implementation, deployment, and post-go-live support activities.
  • Monitor project risks, issues, dependencies, and action items.
  • Support process improvement initiatives and recommend operational efficiencies.
  • Participate in Agile ceremonies and project status meetings.
  • Develop and maintain standard operating procedures (SOPs), business process documentation, and stakeholder communications.

Work Model

We believe hybrid work is the way forward as we strive to provide flexibility wherever possible.

Based on business requirements, this is a hybrid position requiring 3 days per week in a client office in North Carolina.

Regardless of working arrangement, we are committed to supporting a healthy work-life balance through our wellbeing programs and collaborative culture.

The working arrangements for this role are accurate as of the date of posting and may change based on project, business, or client requirements.

What You Must Have to Be Considered
  • 2-5 years of experience as a Business Analyst, Business Systems Analyst, Data Analyst, or related role.
  • Experience working within Banking, Financial Services, Capital Markets, Finance, Risk, Operations, or related domains.
  • Strong analytical and problem-solving skills.
  • Experience gathering and documenting business and functional requirements.
  • Experience working with data, reports, and business insights to support decision-making.
  • Understanding of system implementation lifecycles and change management processes.
  • Experience supporting testing activities, UAT coordination, and defect management.
  • Strong stakeholder management and communication skills.
  • Ability to work effectively across business and technology teams.
  • Bachelor's degree in Business, Finance, Information Systems, Computer Science, or a related field.

These Will Help You Succeed
  • Experience supporting banking transformation, modernization, or regulatory initiatives.
  • Familiarity with reporting and business intelligence tools such as Power BI, Tableau, or similar platforms.
  • Knowledge of finance, risk, compliance, operations, or regulatory reporting processes.
  • Experience working in Agile project environments.
  • Exposure to data governance, data quality, or reporting processes.
  • Experience creating process maps, workflows, and business documentation.

Compensation

Compensation will be determined based on experience, skills, qualifications, location, and business needs, in accordance with applicable legal and regulatory requirements.

Benefits

Eligible employees may participate in Cognizant's comprehensive benefits programs, which may include:
  • Medical, dental, and vision coverage
  • Employee assistance programs
  • Wellness and wellbeing initiatives
  • Paid vacation and company holidays
  • Professional development and certification reimbursement opportunities
  • Learning and career growth programs
  • Retirement savings and other financial wellness offerings

Post Closing Date

Applications will be accepted until October 30, 2026.

About Cognizant

TriZetto is Powering Integrated Healthcare Management. With technology solutions touching more than half the U.S. population today, TriZetto is uniquely positioned to drive the convergence of core benefit administration, care management and constituent engagement. TriZetto provides premier information technology solutions that enable payers and other constituents in the healthcare supply chain to improve the coordination of benefits and care for healthcare consumers.

Cognizant Careers

Join the vibrant team at Cognizant, a leading provider of information technology, consulting, and business process services. Cognizant is not just a company; it's a community where innovation, leadership, and diversity are valued and where every team member is encouraged to thrive.

Work You’ll Do

At Cognizant, we are dedicated to helping the world's leading companies build stronger businesses — not just for today but for the future. This commitment to growth and sustainability is what makes Cognizant a unique place to advance your career.

Explore Job Opportunities

Whether you're looking for an entry-level position or a more senior role, Cognizant offers a plethora of job opportunities that could be perfect for you. Our hiring process is designed to be transparent and engaging, ensuring that every candidate is able to showcase their skills and potential fully.

Innovative Work

Join a team where innovation is at the core of everything we do. Cognizant’s professionals are not just part of a company; they're part of a groundbreaking environment that combines technology, insights, and leadership to foster innovation across global industries.

Internship Programs

Kickstart your career with Cognizant’s internship programs. These opportunities allow you to gain hands-on experience, develop your professional skills, and network with experts in your field. An internship at Cognizant is a stepping stone to full-time employment and a chance to see how your studies apply in the real world.

Professional Growth and Development

Cognizant is committed to the professional growth of its employees. With access to cutting-edge training, leadership programs, and diversity initiatives, you can build a career that’s equipped for the demands of tomorrow’s business landscape.

Benefits and Culture

Our employees enjoy a range of benefits designed to support their physical, financial, and emotional well-being. Cognizant’s culture is built on a foundation of respect and inclusivity, where everyone’s contribution is valued. Join us and be part of a team that celebrates diversity and is driven to make a positive impact on the world.

Stay Connected

Join Our Team Search open positions that match your skills and interests. We look for passionate, curious, creative, and solution-driven team players. Ready to take the next step in your career journey? Explore the exciting employment and career opportunities waiting for you at Cognizant.

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Networking and Interviews

Enhance your career prospects at Cognizant through our robust networking events. Prepare your resume, sharpen your interview skills, and connect with leaders across the industry to unlock new career paths. At Cognizant, we don’t just offer jobs; we offer career journeys. Be part of a team that’s committed to your long-term career growth and professional development. Join Cognizant today and be a part of our success story.
Learn more about Cognizant
Size
340,400 employees
Market Cap
$28.7 billion
Industry
Net Income
$1.3 billion
Founded
1994
5 Year Trend
+6.5%
Revenue
$16.6 billion
NASDAQ

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