Lead I - Business Analysis

Role Description

Business Analyst – Core Banking / BFSI

Experience: 5+ Years

Education: Bachelor's Degree in Engineering, Technology, Finance, or a related discipline

Job Summary

We are seeking an experienced Business Analyst with a strong background in Core Banking solutions and the BFSI domain. The ideal candidate will act as a bridge between business stakeholders and technology teams, translating business requirements into functional solutions while ensuring successful implementation and delivery of banking products and services.

Key Responsibilities

Business Analysis & Requirements Gathering

• Engage with clients and stakeholders to understand business objectives, challenges, and functional requirements.
• Gather, analyze, validate, and document business, functional, and technical requirements.
• Prepare Business Requirement Documents (BRD), Functional Requirement Specifications (FRS), user stories, process flows, and use cases.
• Conduct gap analysis and recommend process improvements and solution enhancements.

Core Banking Domain Expertise

• Work extensively on Core Banking modules, including CASA, Deposits, Lending, Payments, and Digital Channels.
• Provide domain expertise during solution design, implementation, and integration activities.
• Support product enhancements and business transformation initiatives within banking environments.

Stakeholder Management

• Collaborate with business users, product owners, project managers, developers, testers, and external stakeholders.
• Facilitate workshops, requirement walkthroughs, and solution discussions.
• Coordinate with multiple stakeholders for business case preparation, effort estimation, and project planning.

Documentation & Process Management

• Prepare detailed functional specifications, process workflows, data mapping documents, and API documentation.
• Maintain project documentation using tools such as Confluence and Jira.
• Ensure requirements traceability throughout the project lifecycle.

Testing & Quality Assurance

• Support test strategy creation, test case preparation, execution, and defect validation.
• Participate in User Acceptance Testing (UAT) and ensure successful business validation.
• Work closely with QA teams to verify that solutions meet business requirements.

Proposal & Client Engagement

• Assist in preparing business proposals, solution responses, and RFP/RFI documentation.
• Deliver client presentations, product demonstrations, and solution walkthroughs.
• Support pre-sales and consulting initiatives related to banking solutions.

Data Analysis & Reporting

• Analyze business and operational data to identify trends, gaps, and opportunities for improvement.
• Develop actionable insights and recommendations for stakeholders.
• Monitor solution performance and suggest optimization strategies.

Required Skills & Experience

• 5+ years of experience as a Business Analyst in the Banking, Financial Services, or FinTech domain.
• Hands-on experience with a Core Banking platform such as Finacle, Oracle FLEXCUBE, Finastra, Temenos, or similar solutions.
• Strong understanding of banking operations, products, and processes.
• Experience in modules such as CASA, Deposits, Lending, Payments, and Channels.
• Proven expertise in BRD, FRS, user stories, process flows, API documentation, and requirement management.
• Experience with Jira, Confluence, and Agile project delivery methodologies.
• Knowledge of REST APIs, integrations, and digital banking ecosystems.
• Strong analytical, problem-solving, and stakeholder management skills.
• Excellent written, verbal, and presentation skills.
• Ability to travel based on project requirements.

Preferred Qualifications

• Experience in Corporate Banking, Treasury, Wealth Management, or Islamic Banking.
• Knowledge of Open Banking concepts, APIs, and digital transformation initiatives.
• Familiarity with UML, BPMN, and business process modeling techniques.
• Experience working in Agile/Scrum environments.
• Understanding of banking regulations, compliance, and risk management frameworks.

Preferred Certifications

• CBAP, CCBA, PMI-PBA, Agile Business Analyst, or equivalent certifications are desirable.

Skills

Business Analysis, Confluence, Core Banking