Job Title: Business Analyst

Location: India

Job Type: Full-Time

Experience Level: Senior (7+ years)

Job Description:

We are seeking an experienced Business Analyst with a strong background in core banking systems and system integration. The ideal candidate will have extensive experience in analyzing and optimizing banking processes, with a deep understanding of systems such as Finacle, Flexcube, Retail Lending Systems (RLS), Eximbills, FIS, Prime, and MARS.

Responsibilities and Requirements:

· Business Analysis and Requirements Gathering: Conduct thorough analysis of business processes and requirements. Gather and document detailed business requirements, ensuring alignment with business objectives. Work closely with stakeholders to understand their needs and translate them into functional specifications.

· Core Banking Systems Expertise: Demonstrate in-depth knowledge of Finacle as a Core Banking System. Leverage your expertise to analyze and optimize system performance. Ensure a thorough understanding of how systems such as Flexcube, Retail Lending Systems (RLS), Eximbills, FIS, Prime, and MARS integrate with Finacle.

· Integration and Reconciliation: Analyze the integration of various systems with Finacle, ensuring smooth data flow and system interoperability. Assist in managing general ledger balance reconciliation between the core system and sub-systems, ensuring accuracy and integrity of financial data across platforms.

· Stakeholder Management: Communicate effectively with stakeholders to gather requirements, provide updates, and address concerns. Facilitate stakeholder meetings and ensure effective communication throughout the project lifecycle. Exhibit excellent stakeholder management skills to build and maintain strong relationships with key stakeholders.

· Process Improvement: Identify opportunities for process improvement and optimization. Develop and implement solutions to enhance efficiency and effectiveness of banking processes. Utilize your analytical skills to drive continuous improvement initiatives.

· Documentation and Reporting: Prepare comprehensive documentation, including business requirements, functional specifications, and process flows. Generate reports and presentations to communicate findings and recommendations to stakeholders and senior management.

· Experience and Qualifications: Possess more than 7 years of experience in business analysis, preferably in the banking or financial services industry. Hold a Bachelor's degree in Business Administration, Information Technology, Finance, or a related field. Certification in Business Analysis (e.g., CBAP, CCBA) is preferred, demonstrating your commitment to professional excellence.

· Analytical and Communication Skills: Exhibit strong analytical, communication, and interpersonal skills. Analyze complex business problems and develop effective solutions. Communicate complex technical concepts clearly and concisely to both technical and non-technical stakeholders.