Business Analyst

3 weeks ago

Mumbai, India Intellect Design Arena Ltd Full time

POSITION: Business Analyst (Banking - Supply-chain Finance)

EXPERIENCE (IN YEARS): 5 to 10Yrs

ROLE TYPE: Full time (Work from office)

LOCATION: Mumbai, Goregaon


ABOUT INTELLECT DESIGN ARENA LTD:


Intellect Design Arena Limited is a global leader in Financial Technology for Banking, Insurance and other Financial Services. With a rich suite of products across the organization, backed with over 30 years of deep domain expertise, we are an authority on vertical and integrated products that enable institutions to meet their ambition to be the principal service provider to their customers. Our commitment is to take banking into the future, anticipating and solving needs of tomorrow’s businesses.


WHAT WE DO:


We create financial technologies that help banks lead businesses on the path to growth and success. Our solutions help move the banking world forward; because that’s what happens when the world knows it has financial institutions they can rely on. This is the philosophy that we at Intellect follow and our commitment to our customers’ success. A uniquely focused Products business, over $200 million Intellect Design Arena group has the soul of an agile start up, with the maturity of an established specialist in designing advanced technology products for global financial platforms across Global Transaction Banking (GTB) , Global Consumer Banking (GCB), Risk, Treasury & Markets (RTM), Insurance (Intellect SEEC) and e- Governance (GeM).


OUR ACHIEVEMENTS:


We are the world’s No.1 Fintech Company recognized by the global survey of IBS. We provide full spectrum, fully integrated products that run in over 250 financial institutions, across 90+ countries. With over 4500 solution architects, domain and technology specialists, backed with over 30 years of deep domain expertise, Intellect is the brand on which progressive financial institutions rely on for transformation initiatives. Our aggressively customer-centric design philosophy has enabled the engineering of agile & holistic digital solutions, with full lifecycle enablement and industry-leading performance assurances.


Explore more about us at: www.intellectdesign.com


WHAT YOU WILL DO:

YOUR AREA OF KNOWLEDGE AND EXPERTISE:


1. Understand and review the business requirements and articulate the same into detailed functional specifications, business scenarios and process flows

2. Liaise directly with business users from the bank and be responsible for end-to-end delivery of the solution scope

3. Lead the Business Analyst stream for the project and provide support during various phases of functional testing. Participate in defect triage, root-cause analysis and query resolution

4. Showcase the product and impart training to project stakeholders.

5. Review design and testing deliverables to ensure completeness of requirements.


Requirement Gathering and Analysis:

  • Collaborate with stakeholders to understand and document business requirements related to cash management processes and systems.
  • Conduct in-depth analysis of current Supply chain finance practices, identifying areas for improvement and optimization.
  • Translate business needs into clear and comprehensive requirement documents, user stories, and process flows.


Solution Design and Implementation:

  • Work closely with technical teams to design and implement cash management solutions, ensuring alignment with business objectives.
  • Facilitate the development of prototypes, proofs of concept (POCs), and functional specifications for cash management systems.
  • Support the testing and deployment of new cash management solutions, ensuring smooth integration and functionality.


Process Improvement and Optimization:

  • Identify opportunities to streamline Supply chain finance processes, enhance efficiency, and reduce operational risks.
  • Analyze data and metrics to provide insights and recommendations for optimizing cash flow, liquidity, and forecasting.


Stakeholder Management and Communication:

  • Collaborate with cross-functional teams, including finance, operations, IT, and external vendors, to drive Supply chain finance initiatives.
  • Communicate effectively with stakeholders at various levels to ensure alignment on project goals, timelines, and deliverables.
  • Provide guidance and support to business users, ensuring smooth adoption of new cash management solutions.


REQUIREMENTS:


  • Bachelor’s degree in Finance, Business Administration, Information Systems, or related field. Advanced degree or certification in Supply chain finance/Business Analysis is a plus.
  • 5 to 10 years of experience as a Business Analyst, with a focus on Supply chain finance area
  • Strong understanding of Supply-chain finance principles, trade finance and banking/payment systems.
  • Proficiency in gathering and documenting business requirements, creating process flows, and conducting gap analysis.
  • Experience in collaborating with technical teams and stakeholders to implement solutions.
  • Analytical mindset with the ability to interpret data and provide actionable insights.
  • Excellent communication skills, both verbal and written, to articulate complex concepts and solutions.


WHAT INTELLECT OFFERS YOU:


FT 8012, World’s First FinTech Design Center for Financial Institutions, We have a rich and truly diverse work environment that is bustling with creative energy and individual perspectives from 29 nationalities and 30 languages.


LIVE YOUR DREAM - Intellect is India’s most profitable unicorn. A pioneer in design thinking, it has helped shape the future of fintech with passion, and cutting-edge products.


Imagination

  • Explore new possibilities at the epi-center of Design Thinking and cutting-edge technology
  • Unleash your true potential with mentor-led growth and development

Learning

  • Regular training sessions to develop personality traits
  • Full support on career and skills development to enhance your expertise to maximize your career aspirations.

Execution Excellence

  • Get an opportunity to work with the world’s strongest fintech leaders who designed and created a complex world class products
  • Be part of our dynamic team, to create world-class products for global marquee clients
  • A clear team vision with Future ready FinTech Platform

Collaboration

  • A diverse and inclusive community of belonging, where teammates are empowered to bring ideas to the table and act.

Influencing

  • We are agenda setters in the market by delivering compassable, contextual and hyper scalable Fintech solutions.


BENEFITS

  • Spot Awards & Chairman Excellence Awards to recognize exemplary performance
  • Medical Insurance
  • Excellent variable pay-outs.
  • No probation period, enjoy all company benefits from the day you join us.

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