Business Analyst

4 weeks ago

Goregaon East, India Intellect Design Arena Ltd Full time

Role: BA – Lending

Location: Goregaon, Mumbai

Company: Intellect Design Arena Limited

About Intellect:

Intellect Design Arena is a global leader in Financial Technology for Banking, Insurance and other Financial Services. A uniquely focused Products business, Intellect addresses the needs of financial institutions in varying stages of technology adoption. Intellect embodies rich Intellectual Property and robust platforms & products across Global Consumer Banking (iGCB), Central Banking, Risk & Treasury Management (iRTM), Global Transaction Banking (iGTB) and Insurance (Intellect SEEC).With over a decade of continuous and significant research and development investment, the Intellect suite is the largest in the industry. With cutting-edge products driving value in over 250 financial institutions in 30 countries, Intellect is resolutely customer centric.

Website: .

Responsibilities:-

  • Bring a good understanding of the Lending domain having worked in similar capacity earlier
  • Interact with business users and technical team for understanding of functional requirements
  • Lead the engagement with business users to define scope, understand business processes, problem statements and pain areas
  • Identify key stakeholders and construct stakeholder analysis i.e. how they are affected
  • Support the identification of risks and mitigation approaches
  • Lead the client requirement workshops and identify gaps together with high level proposals for their resolution (e.g. development workarounds or change in processes). Ensure any solutions proposed are realistic and within the agreed scope of the project.
  • Analyse client business requirements, liaise with clients / project teams and prepare business process documents like BRDs, User Stories, Discussion Logs, Workflows etc. Be involved actively in the process till the sign-off is not obtained from the client.
  • Guide the business analysts in Solution design with the Design and Development team to ensure requirements are duly addressed. Ensure Requirement Traceability Matrix is updated to facilitate tracking of requirements coverage.
  • Make appropriate recommendations that will positively impact operational effectiveness, reduce cost and provide a better customer experience
  • Conduct relevant research to increase understanding in support of developing comprehensive solutions
  • Participate in final User Acceptance Testing for all major developments in the domain
  • Assist in the production of various collaterals such as User Guide, SOP Documents, process flows etc.

Experience and skills required

  • A strong background 5-8yrs exp in Lending domain having good understanding of end-to-end lending lifecycle in areas such as LOS & LMS and servicing and delinquency handling
  • Should have good understanding SME lending products.
  • Design thinking, ability to manage multiple stakeholder expectations, communicate in a clear non-ambiguous manner, conduct requirements workshops, drive decision making
  • Experience in documenting business case, business process modelling, requirement elicitation through workshops
  • Manage projects from inception through design to delivery
  • An IT background with a solid grounding in technology
  • Experience of working in both Agile & waterfall SDLCs
  • Communication, group dynamics, collaboration and continuous improvement are core – being best practice driven
  • Pro-active, quick learner, ability to effectively work in multi-cultural and multi-national teams
  • Positive attitude and ability to engage with different stakeholders managing scope and expectations skilfully

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