Business Analyst Trainee

1 week ago

Kandivali Mumbai Maharashtra, India Gofin technologies PVT Full time ₹ 3,93,520 - ₹ 11,80,560 per year

We are looking for dynamic individuals who can make an impact from day 1 in Banking/Lending/NBFC domain. If you're fresher, we look forward to seeing you Apply at

Hiring for 'Business Analyst' - Freshers

Recent - Masters or engineering background

Location: Mumbai (Kandivali), Maharashtra

Summary: The Business Analyst Trainee will collaborate with various business stakeholders to gather requirement, analyze business requirements, processes, and workflows, prepare business requirement documents (BRD's) etc. They will translate these requirements into functional specifications for technology teams and work closely with project managers, developers, to ensure successful project delivery. The Business Analyst will also be involved in identifying areas for process improvement and recommending solutions to enhance operational efficiency and effectiveness.

Responsibilities:

  1. Requirement Elicitation and Analysis:

 Work closely with business stakeholders to understand their needs, objectives, and challenges.  Elicit, document, and analyze business requirements, processes, and workflows (Document requirements, define scope and objectives and formulate systems to parallel overall business requirement for Loan Life cycle (Origination, Management, Servicing and Collection)).  Translate business requirements into clear and concise functional specifications for technical teams.

  1. Solution Design:

 Collaborate with technology teams to design solutions that meet business needs.  Propose innovative and practical solutions to address business challenges.  Ensure that proposed solutions align with the organization's strategic goals and technological capabilities.

  1. Stakeholder Communication:

 Serve as a liaison between business stakeholders and technology teams.  Communicate complex technical concepts to non-technical stakeholders.  Present findings, recommendations, and project updates to various audiences.

  1. Documentation:  Create detailed documentation including business requirements, process flows, use cases, and user stories.  Maintain accurate and up-to-date project documentation throughout the project lifecycle.

  2. Project Management:  Collaborate with project managers to define project scope, objectives, and deliverables.  Assist in project planning, estimation, and resource allocation.  Monitor project progress and identify potential risks or deviations from the plan.

  3. Quality Assurance:  Participate in system testing, user acceptance testing, and validation of implemented solutions.  Ensure that delivered solutions meet the specified requirements and are of high quality.

  4. Process Improvement:  Identify areas for process optimization and efficiency enhancement.  Recommend process improvements and assist in their implementation.

Qualifications:

 Bachelor's /Master's (B. Tech/B Sc.IT/MCA/M Sc. IT/MBA-Finance) degree

 Strong analytical, problem-solving, and critical-thinking skills.

 Excellent communication and interpersonal abilities.

 Proficiency in requirement gathering techniques, process modeling, and documentation.

 Familiarity with project management methodologies and software development lifecycle.

 Ability to collaborate effectively with cross-functional teams.

Job Types: Full-time, Permanent

Pay: From ₹393,520.05 per year

Work Location: In person

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