Banking Domain Specialist

4 days ago

Hyderabad Secunderabad Telangana, India beBeeBusiness Full time

The role of a Functional Business Analyst in the banking sector is to analyze business processes and requirements, translate them into functional specifications for technology solutions, and collaborate with stakeholders to ensure that these solutions meet operational needs.

Key Responsibilities include:

  • Working closely with business stakeholders to gather, document, and prioritize business requirements for banking projects and initiatives
  • Conducting detailed analysis of business processes, workflows, and systems to identify gaps, inefficiencies, and opportunities for improvement
  • Translating business requirements into clear and concise functional specifications, including use cases, user stories, process flows, and data mappings, to guide the development and implementation of technology solutions
  • Collaborating with cross-functional teams, including IT developers, testers, and project managers, to ensure that functional requirements are accurately understood and implemented in accordance with project objectives and timelines

Requirements:

  • Bachelor's degree in Business Administration, Finance, Economics, Computer Science, or related field; advanced degree or certification (e.g., CBAP, PMI-PBA) is a plus
  • Proven experience as a Functional Business Analyst in the banking or financial services industry, with a strong understanding of banking products, operations, and regulations
  • Solid understanding of software development lifecycle (SDLC) methodologies, such as Agile or Waterfall, and experience working on software development projects in a functional role
  • Strong analytical skills with the ability to translate complex business requirements into clear and actionable functional specifications
  • Excellent communication skills, including the ability to effectively communicate technical concepts to non-technical stakeholders and facilitate productive discussions
  • Experience with business analysis tools and techniques, including requirements elicitation, process modeling, use case development, and user story writing
  • Familiarity with banking systems and software applications, such as core banking systems, CRM systems, loan origination systems, and digital banking platforms
  • Strong problem-solving skills, with the ability to identify issues, analyze root causes, and propose practical solutions

As a successful candidate, you will possess excellent analytical and problem-solving skills, with the ability to work collaboratively with cross-functional teams to deliver high-quality results.

In return, we offer a competitive salary, comprehensive benefits package, and opportunities for career growth and professional development in the banking sector.

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