Business Analyst_Mumbai(immediate joiner)

Line of Service

Advisory

Industry/Sector

Not Applicable

Specialism

Operations

Management Level

Senior Associate

Job Description & Summary

A career within Enterprise Architecture services, will provide you with the opportunity to bring our clients a competitive advantage through defining their technology objectives, assessing solution options, and devising architectural solutions that help them achieve both strategic goals and meet operational requirements. We help build software and design data platforms, manage large volumes of client data, develop compliance procedures for data management, and continually researching new technologies to drive innovation and sustainable change.

Experience: 4 to 6 Years
Qualification: B.E. / B.Tech (Must have)+ MBA (Nice to have)
Overview
This role would be of a techno-functional business analyst in the Insurance domain who
would bridge the gap by understanding both business requirements and translating them
into technical specifications for IT teams This role requires a blend of business acumen,
analytical skills, and technical knowledge of banking systems and processes in order to work
in a client facing role capturing the client expectations and help shape a solution to fulfill
the requirements.
Responsibilities:
 Collaborate with business stakeholders, IT Teams and Product managers to understand
their needs, identify opportunities for improvement, identify pain points and define
business requirements for banking products, services, and systems and define solutions
 Analyze existing banking processes, workflows, and data to identify areas for
optimization and automation
 Conduct gap analysis to identify discrepancies between business needs and current
system capabilities
 Develop user stories, flowcharts, and other documentation (like BRD, FRD, SRS) to
clearly communicate business needs to technical teams and also assist to create Project
Plans
 Document business requirements clearly, concisely, and accurately using industry-
standard tools and methodologies (e.g., UML, use cases).
 Present information professionally & concisely with supporting data
 Work collaboratively with cross functional teams, developers, testers, and other IT
professionals to ensure that systems are designed and implemented according to
business requirements
 Test and validate system functionalities to ensure they meet business requirements
 Facilitate and review Test Scripts and test data creation in SIT, and assisting execution
and defect management using Jira in UAT and CUG
 Coordinate with multiple vendors for API mapping document creation, API testing and
API provisioning
 Work closely with the project managers to lead the team in daily standups and planning
 Create user training materials and impart user training to business uses. Conduct
training sessions for new features and functionalities on new banking systems and
processes for internal teams
  Assist in Business Development. Attend meetings with potential clients to determine the
business requirements, ensuring all necessary information is gathered for presenting a
proposal
Qualifications
 4-7 years of experience as a Business Analyst (most of which should be in banking
industry)
 Good understanding of banking products, services, and regulations.
 Should have worked for gathering and analyzing business requirements for at least one
of the banking systems and processes (such as customer onboarding, Core Banking
Systems, banking products such as savings account, deposits, loans (LOS, LMS)

payment gateway integration, etc.)
 Excellent analytical and problem-solving skills
 Excellent communication skills, interpersonal, and presentation skill, self-initiated,
business & technology savvy
 Proficient in Microsoft Office Suite (Word, Excel, PowerPoint) and business analysis
tools (e.g., Visio, Jira)
 Basic understanding in SQL and log analysis
 Basic understanding of APIs (including endpoints, request and response structures)
 Experience of delivering the project in delivery methodology (e.g. waterfall, Agile,
Scrum)
Good to Have
 Stay up to date on the latest banking regulations and industry trends
 Experience with user experience (UX) is good to have
 Knowledge of Programming languages like Java is good to have
 Knowledge of Analytics Tools such as Google Analytics is a plus

Mandatory skill sets-Business Aalyst - BFSI domain
Preferred skill sets-Business Aalyst - BFSI domain
Year of experience required-4-6) years
Qualifications-B.E. / B.Tech / MCA/ M.E/ M.TECH/ MBA/ PGDM. All qualifications should be in regular full-time mode with no extension of course duration due to backlogs

Education (if blank, degree and/or field of study not specified)

Degrees/Field of Study required:

Degrees/Field of Study preferred:

Certifications (if blank, certifications not specified)

Required Skills

Waterfall Project Management

Optional Skills

Desired Languages (If blank, desired languages not specified)

Travel Requirements

Available for Work Visa Sponsorship?

Government Clearance Required?

Job Posting End Date