ORMB Business Analyst

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.