IT Business Analyst 1

Pyramid Consulting, Inc. is a leading Financial Industry company, and they are seeking an IT Business Analyst 1 for a long-term contract opportunity. The role involves supporting the Deposit Pricing and Rewards Engine by analyzing data and configuring offers, as well as validating transactions and assisting in testing activities.

Responsibilities:

• Support the Deposit Pricing and Rewards Engine (DPRE) by analyzing deposit product, rate and promotional data across mainframe and distributed systems
• Configure and validate deposit and promotional offers using Zafin user interfaces and Salesforce, ensuring alignment with business rules and pricing strategies
• Validate API request and response transactions using tools such as SOAP UI to confirm accurate data exchange between DPRE, Zafin, and downstream systems
• Utilize TSO/ISPF to review mainframe datasets, batch jobs, and outbound files
• Assist with impact analysis for DPRE configuration changes, identifying affected applications, interfaces, and downstream feeds
• Support testing activities (system, integration, and UAT) by executing test scenarios and validating expected outcomes across platforms
• Create and maintain technical and functional documentation, including user stories, acceptance criteria, data mappings, and process flows, using Rally
• Understanding of Deposit products, interest calculations, product defaults and processing, including CD/IRAs on a mainframe platform

Requirements:

• Support the Deposit Pricing and Rewards Engine (DPRE) by analyzing deposit product, rate and promotional data across mainframe and distributed systems
• Configure and validate deposit and promotional offers using Zafin user interfaces and Salesforce, ensuring alignment with business rules and pricing strategies
• Validate API request and response transactions using tools such as SOAP UI to confirm accurate data exchange between DPRE, Zafin, and downstream systems
• Utilize TSO/ISPF to review mainframe datasets, batch jobs, and outbound files
• Assist with impact analysis for DPRE configuration changes, identifying affected applications, interfaces, and downstream feeds
• Support testing activities (system, integration, and UAT) by executing test scenarios and validating expected outcomes across platforms
• Create and maintain technical and functional documentation, including user stories, acceptance criteria, data mappings, and process flows, using Rally
• Understanding of Deposit products, interest calculations, product defaults and processing, including CD/IRAs on a mainframe platform
• Key skills; Banking Knowledge → understand deposits & interest(Deposit Pricing & Rewards Engine)
• Data/System → check data across systems (mainframe like TSO/ISPF)
• Testing → check system works (SIT/UAT + API using SoapUI)
• Experience with Microsoft products and Azure
• Understanding of data concepts, including data flows, mappings, and validation
• Strong analytical, documentation, and communication skills with attention to detail
• Ability to multi-task in fast paced environment
• Strong leadership quality and ability to take the lead on assigned initiatives (with support)
• Strong organizational skills
• Familiarity with Agile/Scrum methodologies and Rally tool
• Exposure to financial services, deposit products, or pricing systems (e.g., DPRE, PROMOX, Zafin)
• Experience creating simple process flows or diagrams
• Knowledge of financial institution disclosures
• Understanding of data transmissions and cloud-based applications and data movement
• Experience with the Zafin platform, modules and products