Business Analyst

3 weeks ago

Chennai Tamil Nadu India, Tamil Nadu Intellect Design Arena Ltd Full time

Job Title: Business Analyst – IDC (Intellect Digital Core)

Department: Product Development / Business Analysis

Location: Siruseri, Chennai

Experience Required: 3 to 5 years

Employment Type: Full-Time

Reports To: Lead Business Analyst / Product Manager – IDC

About Intellect & IDC

Intellect Design Arena is a leading global provider of financial technology solutions. Our Intellect Digital Core (IDC) platform delivers comprehensive core banking functionality through a modern, microservices-based architecture. IDC empowers banks to innovate with speed and agility by providing scalable solutions across deposits, lending, trade finance, virtual accounts, billing, and more.

Role Overview

As a Business Analyst in the IDC team, you will act as a critical link between business stakeholders and the technology team. You will gather and analyze business requirements, prepare functional documents, and support product development throughout the lifecycle. This role requires a mix of banking domain knowledge, strong analytical skills, and the ability to work in a fast-paced Agile environment.


Please note this role is mandate to possess Core Banking/ Payments / Banking Experience.


Key Responsibilities

  • Collaborate with product managers and client stakeholders to gather business requirements.
  • Create Business Requirement Documents (BRDs), Functional Specification Documents (FSDs), and User Stories.
  • Work closely with development and QA teams to ensure correct interpretation and implementation of requirements.
  • Analyze existing product modules and recommend enhancements or optimizations.
  • Participate in client workshops, UAT planning, and issue triaging.
  • Create process flows, wireframes, and assist in defining UI/UX logic (where applicable).
  • Conduct gap analysis for banking products and regulatory compliance features.
  • Ensure requirements are aligned with the IDC product roadmap and standards.

✅ Required Skills & Qualifications

  • 3–5 years of experience as a Business Analyst, preferably in banking or fintech domains is mandatory.
  • Understanding of Core Banking Systems, especially areas like deposits, payments, virtual accounts, billing, or lending.
  • Familiarity with Agile/Scrum methodologies and tools like JIRA and Confluence.
  • Ability to write clear, concise functional specifications and user stories.
  • Strong problem-solving and analytical skills.
  • Effective communication skills to interact with stakeholders and internal teams.
  • Bachelor’s degree in Engineering, Finance, Computer Science, or related field.

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