BENGALURU, KARNATAKA, India
6 days ago
Senior Business Analyst - Retail Banking

This role will be required to report to our Bengaluru OR Chennai office 3x a week

Job Requirements

Strong background in analyzing complex business processes and IT applications. Familiarity with core banking systems such as FLEXCUBE,Finacle,T24  is highly desirable. Knowledge of banking domain processes and regulations, with the ability to manage and prioritize multiple tasks in a fast-paced environment. Familiarity with US market requirements and regulations is a plus, ensuring compliance with local and international standards.

Job Description

- Gather and analyze business requirements from stakeholders within the retail banking domain.
- Document functional specifications based on the business requirements.
- Collaborate closely with development teams to ensure the successful implementation of solutions.
- Conduct impact analysis to assess the effects of new features or changes on existing features.
- Support testing efforts, including test case creation, execution, and defect tracking.
- Provide user training and create training materials to ensure smooth adoption of new solutions.
- Facilitate communication between business stakeholders and technical teams to align project goals.
- Identify and recommend process improvements to optimize business operations and enhance product offerings.
- Assist in prioritizing product backlog and ensuring the timely delivery of features based on business needs.
- Stay updated with industry trends and regulations in the retail banking sector to ensure compliance and innovation in solutions.

Create and maintain functional specifications and work closely with development and testing teams to ensure alignment on business requirements and technical solutions. Prepare test cases and perform unit testing as needed to validate business logic. Provide business and functional guidance to the development and testing teams to help them become more independent in executing their tasks. Analyze and understand complex IT applications and business processes to ensure accurate requirement gathering and solution design. Prepare detailed requirement specifications and support the User Acceptance Testing (UAT) process to ensure the solution meets business needs. Involved in functional and manual testing, particularly for core banking systems. Participate in test design analysis and adopt Test-Driven Development (TDD) practices, ensuring that business requirements are fully understood and reflected in the test scenarios. Provide walkthroughs to the development and testing teams, explaining the business requirements and how they translate into system functionality.

Career Level - IC4

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