Senior Business Analyst

3 weeks ago


Mumbai, Maharashtra, India Newgen Software Full time
Position: Business Analyst/Sr. Business Analyst (Trade Finance)

We are looking for Trade Finance Specialist to join our team. The Incumbent will be responsible for Leveraging Newgen's BPM expertise and experience in Trade Finance and Supply Chain finance there by providing compelling value prop to prospective client.

Location: Mumbai

Skills & Experience:

Graduate with 5 + years work experience & knowledge in Corporate Trade Products – Letters of Credit [LC], Factoring & Forfaiting, Bills & Collections, Letters of Guarantee, Syndicated LCs & Guarantees and Risk Participation, Supply Chain Finance (SCF),Outward Inward Remittance.

Knowledge of Accounting entries, Provisioning of the Trade Finance Products Knowledge of Block Chain, OCR of Trade Documents would be an added advantage

Strong documentation and analysis skills are essential.

Travel abroad for days to months, at short notice

Bankers would be preferred

Key Responsibilities:

- Liaise with the Product Solution Management team to understand the requirements and produce functional specifications, jointly with the Product Development teams, for strategic / regulatory / client-based initiatives.
- Participate in client requirement workshops and identify any gaps together with high level proposals for their resolution (e.g. development, workarounds or changes in processes). Ensure any solutions proposed are realistic and within the agreed scope of the project
- Analyze client business requirements, liaise with client(s) / project team(s) and produce functional specification document for addressing the requirements. Be involved actively in the process till the sign-off is obtained from the client
- Participate in Solution design with development / testing teams to ensure the requirements are addressed. Ensure Requirement Traceability Matrix is updated to facilitate tracking of requirements coverage
- Participate in final User Acceptance Testing for all major developments in the domain  Assist in the production of various collaterals – Business requirement document (BRD), User guide, "How to" guides, Functions and Features documentation, process flows and other internal / external training collaterals
- Provide pre-sales through participation in demos / workshops
- Participate in beta site support
- Contribute to the Product Roadmap by keeping track of market trends, regulatory environment, competitive landscape, etc,
- Mentor junior business analysts/consultants in the team

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