Business Analyst

2 weeks ago


Chennai, Tamil Nadu, India MyRemoteTeam Inc Full time

About Us

MyRemoteTeam, Inc is a fast-growing distributed workforce enabler, helping companies scale with top global talent. We empower businesses by providing world-class software engineers, operations support, and infrastructure to help them grow faster and better.

Job Title: Business Analyst

Experience: 8+

Location: Pune, Chennai, Bangalore - Hybrid

Domain: Investment Banking Domain

  1. Good understanding of Investment Banking Products
  2. Accounting of Investment Banking Products
  3. Proficiency in data handling – Excel and SQL

Overall purpose of the role

Markets Finance Tech Change team specifically supports the bank's Product Control and Finance Control functions. The main functional areas covered are:

  • Accounting sub-ledger functions supporting Product Control, Financial Control and Operations, with a daily trial balance that is leveraged across Risk, Finance and Treasury consumers
  • Daily P&L and balance sheet finalisation processes and reporting
  • Product Control valuation processes and reporting
  • MI reporting to senior management

Key Accountabilities

Business and Data Analysis

  • Determining business requirements and prioritizing them for change
  • Defining functional requirements, which reflect the business requirements and developing approaches to enable them to be delivered via process changes or technology solutions
  • Liaising with Risk, Finance and Treasury Business Stakeholders to document business outcomes, functional specifications as product backlogs for new Finance initiatives
  • Defining detailed business and integration requirements using the Confluence/Wiki based documentation approach aligned with an Agile / sprint-based development methodology.
  • Creating detailed GUI mock-ups and other visual requirements, as required, to be presented alongside user requirements to development /feature teams and key business stakeholders.
  • Working actively and closely with feature teams to ensure user requirements/business outcomes are clearly understood and developed as specified in the documentation
  • Analysing UAT issues and assisting Business users / developers with issue resolution.
  • Analysing and respond to queries from Finance Product Owners/ Users.
  • Analysing systems to identify functional gaps and enable them to be resolved via process changes / technology solutions
  • Provide recommendations as to process re-engineering and improvements.
  • Collaborating and maintaining strong relationships within Finance, Risk, Treasury teams and stakeholders

Basic/Essential Qualifications/Skills

  • 8+ years experience and expertise as a Business Analyst (or) 8+ years as a Product Controller
  • 8 + years of direct work experience in a business analyst capacity including but not limited to:
  • Proven experience in data analysis, including SQL data queries and data interrogation
  • Proven experience in data modelling
  • Proven experience in business process modelling
  • Proven experience in Finance – Product Control and Financial Control
  • In-depth knowledge and experience of Finance processes, particularly the sub-ledger accounting functions, how to account for business events and how accounting data impacts Finance and Operations processes and controls
  • Good knowledge of Investment Banking / Financial Services products
  • Ability to break down a complex problem into a clearly thought through solution with well-structured analysis, design, and examples as supporting documentation
  • In-depth knowledge and experience in projects adopting different delivery methods (e.g. Waterfall, Agile)
  • Understanding of Agile SDLC concepts; Understanding of Scrum/Kanban Agile SDLC methodology – Product Backlog/Features, Stories, Acceptance Criteria, Definition of Ready, Definition of Done etc
  • Extensive experience handling stakeholders across the Senior Business (Director and Managing Director Level)
  • Ability to train junior BA's and pass on best practice procedures in business and data analysis
  • Good understanding of front to back finance and operational process flows

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