Business Analyst

Piraeus Bank · Athens, Greece (Hybrid) · Full-time · Posted 2026-10-22

Workplace: hybrid

Department: DEPOS, INV PRO-SPEC SYS BUS AN

Description

About us

In Piraeus our purpose is to be a pillar of stability for the Greek economy, to fuel growth and to promote innovation. We aim our footprint in society to be positive and lasting, for the benefit of our customers, our people, our shareholders and society at large, fully reflecting our values. In this way we express in practice our will to: create value in all we do, challenge the frontiers, enthuse our customers and build relationships of trust.

Piraeus is the leading financial institution in Greece, in terms of domestic market shares in loans, deposits, and branch presence. The Group provides a comprehensive range of financial products and services to 4.5mn customers, with recognized leadership in SME banking, retail banking, digital banking, insurance and capital markets.

In 2026, Piraeus was recognized at the Euromoney Awards for Excellence as Europe’s Best Bank for Corporate Social Responsibility, Greece’s Best Bank for ESG, Greece’s Best Retail Bank and Greece’s Best Bank for Large Corporates, and by the Banker as the “Best Bank in Greece” for Growth and for Liquidity at the prestigious Bank of the Year Awards, reflecting our ongoing commitment to responsible banking and sustainability.

Piraeus is a certified Top Employer Greece 2026, an international recognition from the Top Employers Institute that reflects our tangible commitment to investing in our people. As a certified Top Employer Greece 2026, we are committed to investing in our people and creating an environment where our employees can grow, develop and make an impact.

About the job:

We are seeking for an experienced Business Analyst, to join the Organization, Operation Quality & Technology Governance Unit, to analyze business requirements & define specifications, aiming to implement new and upgrade/improve existing functions and operations of the Bank’s systems & applications, to support the implementation of strategic initiatives for improved efficiency and productivity.

Responsibilities:

Gathering and analysis of business requirements and needs, communicate data and information to create business/technology solutions that effectively manage, measure and monitor the business decision making
Collaborate with internal and external stakeholders to understand business objectives, identify opportunities for process improvement and recommend upgrades & solutions
Manage the end-to-end business analysis lifecycle, from requirements analysis to solution implementation to enhance operational efficiency through digital transformation
Effectively perform UATs and review the manuals and documentation, to ensure deliverable requirements are met
Continuously evaluate and improve the business and technology processes and practices

Requirements

Qualifications:

Degree in Science, Technology, Engineering, Mathematics, Business Administration or Finance (BSc, MSc)
3-5 years of relevant professional experience in Business Analysis and systems development
Proficiency in business analysis tools and methodologies
Ability to analyze processes and effectively utilize AI tools to improve operational efficiency and outcomes
Knowledge/experience in the Banking sector (systems/procedures), in Investment products & Services, will be consider as an asset
Excellent verbal and written communication skills in English
Strong analytical and problem-solving skills, customer oriented and results-driven mindset, with attention to detail and accuracy
Excellent communication and presentation skills, with the ability to communicate effectively with technical and non-technical audiences

Benefits

What's In It For You

In our bank it is a top priority to provide a modern work environment, where all our employees can perform and grow. As an employee of Piraeus Bank, you will be part of an organization that:

Holds a leading position in the Greek economy and maintains a robust presence in the community
Instills a workplace culture that embraces open communication, respect, inclusion and equal opportunities
Offers a competitive remuneration package, private health insurance program and other benefits for both employees and their families
Provides a challenging working environment that values accountability and celebrates high performance by implementing appropriate incentives
Empowers personal & career development and continuous learning while encouraging creative thinking and innovation
Provides an all-bank wellbeing program, fostering initiatives that enhance physical, mental & emotional health
Provides digital technologies and tools that fully support new ways of working and flexible working options, while communicate regularly and effectively

All applications will be treated with confidentiality. Application Deadline : 29/10/2026

Apply

Apply at Piraeus Bank

About the company

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Company Size

5,001-10,000

Company Stage

IPO

Headquarters

Athens, Greece

Founded

1916

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Simplify's Take

What believers are saying

H1 2026 profit hit €617 million, with 16% return on tangible book value.
Loans reached €39 billion and deposits €68.4 billion, supporting 2026 guidance.
NPE ratio fell to 2.2%, while capital ratios stayed above requirements.

What critics are saying

ECB supervision and CRD VI raise compliance costs and constrain capital flexibility in 2026.
CET1 fell to 12.8% after distributions, loan growth, and accelerated DTC amortization.
Greek banks face fierce pricing pressure from Alpha, Eurobank, and National Bank.

What makes Piraeus Bank unique

Piraeus dominates Greece’s banking system with 29% loan and deposit share.
Its fee engine spans SME lending, mortgages, agribusiness, leasing, and capital markets.
Newra AI Hub with Accenture and Anthropic targets enterprise-wide banking automation.

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Benefits

Health Insurance
Wellness Program
Flexible Work Hours

Company News

FinanzNachrichten.de

Sep 4th, 2026

Ethniki Insurance prices inaugural $224M subordinated bond issuance with 3x oversubscription

Ethniki Insurance, a subsidiary of Piraeus Bank, has priced its inaugural €200 million subordinated bond issuance, marking the first such transaction by a Greek insurer. The dual-tranche offering comprises a €100 million Tier 2 bond with a 5.25% coupon and 10.25-year maturity, and a €100 million Restricted Tier 1 perpetual bond with a 6.875% coupon. The transaction attracted approximately 100 institutional investors and was more than 3.0 times oversubscribed, with order books peaking above €600 million. International investors received over 70% of allocations, primarily from France and the UK. Following the issuance and redemption of an outstanding €125 million Tier 2 instrument, Ethniki Insurance's Solvency II ratio stands at approximately 190% as of 30 June 2026. Settlement is scheduled for 9 September 2026, with listing on the Luxembourg Stock Exchange.

Business Wire

Jul 29th, 2026

Piraeus Bank posts record $691M profit in H1 2026 with 16% return on tangible book value

Piraeus Bank reported record first-half 2026 profits of €617 million, representing a 16% return on tangible book value. The Greek bank's second-quarter net profit reached €336 million, up 22% year-on-year. Loans grew to €39 billion, with €1.8 billion net credit expansion in the first half. Client deposits rose 9% year-on-year to €68.4 billion, whilst assets under management increased 24% to €16.3 billion. Net interest income reached €509 million in the second quarter, up 6% quarter-on-quarter. The bank upgraded its 2026 net interest income target to €2 billion based on strong volume growth. Piraeus maintained a 34% cost-to-income ratio whilst its NPE ratio improved to 2.2% from 2.6% a year earlier. The bank will pay €494 million to shareholders on 7 August from 2025 profits.

Streamline Feed

Jul 20th, 2026

Inside Metlen Energy’s €181M Solar Expansion Strategy in Romania

Greek firm Metlen Energy secures €181M to construct a 273-megawatt solar plant in Romania, providing a masterclass in cross-border renewable finance.

Chambers and Partners

Jun 29th, 2026

Bernitsas advises Vivartia Group on $169.5M bond loan from Greek banks

Bernitsas has advised Vivartia Group on a €150 million common secured bond loan issued by Vivartia Holdings Single Member SA. The bond loan was subscribed by Piraeus Bank, Alpha Bank and Eurobank, with Piraeus Bank serving as bondholder agent and facility agent. Vivartia Group is Greece's largest food and catering services group. Partner Athanasia Tsene and Associate Marina Spinthouraki led the transaction for Bernitsas, which acted as Greek law counsel.

Capital Riesgo

May 14th, 2026

Ella Resorts secures $802M financing to expand luxury resort portfolio across Mediterranean

Ella Resorts, a luxury resort operator in Greece founded in 2021 by H.I.G. Capital, has secured €710 million in financing, marking a significant milestone for the company. Piraeus Bank acted as lead underwriter for the transaction, with Alantra serving as exclusive financial adviser and placement agent. The funding will support Ella Resorts' repositioning strategy in Greece and enable selective acquisitions across the Mediterranean region. The company currently operates approximately 3,400 rooms in prime Greek destinations and has secured a pipeline of around 1,000 additional rooms in Greece, Italy and Iberia. H.I.G. Capital, a global alternative investment firm managing over €65 billion in assets, established Ella Resorts to create value through repositioning and expansion in high-quality holiday destinations.