Business Analyst

Description :

Job Title : Business Analyst Core Banking / Private Banking Domain

Experience : 10 to 15 Years

Location : Chennai, India

Job Type : Work From Office

About the Role :

We are looking for a highly experienced and detail-oriented Business Analyst with deep expertise in Core Banking systems, specifically within the Private Banking domain. The ideal candidate will have strong exposure to Credit Products, Derivatives, and Securities, with a solid understanding of Temenos Transact (T24) modules such as AA, MD, SC, DX, SY, among others. This role demands a blend of business acumen, technical understanding, and hands-on experience in system analysis, solution design, and stakeholder management within complex banking environments.

Key Responsibilities :

- Act as the primary liaison between business stakeholders, technical teams, and third-party vendors to gather, analyze, and document business and system requirements for Core Banking implementations and enhancements.

- Work closely with Private Banking teams to identify process improvement opportunities, analyze current workflows, and propose effective technology-driven solutions.

- Perform detailed business analysis for Credit Products (Mortgage, Lombard Loans, Structured Finance, Guarantees), Derivatives (Options, Structured Products), and Securities (Equities, Fixed Income, Funds).

- Define and document functional specifications, business process flows, use cases, and system integration points in alignment with project goals and timelines.

- Translate business needs into technical requirements for developers and ensure accurate implementation of functionalities within Core Banking systems.

- Provide subject matter expertise on Temenos Transact (T24) and its modules such as AA (Arrangement Architecture), MD (Market Data), SC (Securities), DX (Data Exchange), and SY (System Management).

- Conduct gap analysis and impact assessments for change requests and regulatory updates in private banking operations.

- Participate in solution design, system configuration, SIT/UAT testing, and post-implementation support.

- Collaborate with project managers, architects, and developers to ensure end-to-end delivery of projects within scope, time, and budget.

- Facilitate workshops and presentations for senior management and business users, effectively communicating complex business and system concepts.

- Maintain strong awareness of market trends, evolving regulatory requirements, and technological advancements in the Private Banking and Wealth Management sectors.

Required Skills and Experience :

years of overall IT experience, with a strong focus on Business Analysis in Core Banking or Private Banking domains.

- Proven track record of working on end-to-end implementations, migrations, or enhancement projects in Core Banking systems (preferably Temenos Transact / T24).

- Deep understanding of Private Banking products, including Credit, Derivatives, and Securities.

- Strong experience in Temenos Transact modules AA, MD, SC, DX, SY, and other relevant functional areas.

- Hands-on experience in preparing Business Requirement Documents (BRDs), Functional Specifications (FS), Use Cases, and Data Mapping documentation.

- Proficient in performing UAT, coordinating defect management, and ensuring successful deployment of business solutions.

- Excellent analytical, problem-solving, and stakeholder management skills.

- Strong communication and documentation abilities, capable of interfacing with both technical and business teams.

- Knowledge of SWIFT, Payments, Corporate Actions, Portfolio Management, and Risk Management concepts will be an advantage.

- Familiarity with Agile methodologies and tools such as JIRA, Confluence, or similar project management systems.

Preferred Qualifications :

- Bachelors or Masters degree in Computer Science, Information Technology, Finance, or a related field.

- Certification in Business Analysis (CBAP, CCBA, or equivalent) will be an added advantage.

- Prior experience in working with global Private Banking clients or wealth management institutions.

Soft Skills :

- Excellent interpersonal and communication skills.

- Ability to work under pressure and manage multiple priorities in a fast-paced environment.

- Strong attention to detail and commitment to delivering high-quality work.

- Proactive attitude with a strong sense of ownership and accountability.

Why Join Us :

- Opportunity to work with cutting-edge Core Banking technologies.

- Exposure to global Private Banking practices and complex financial instruments.

- Collaborative work culture encouraging learning and innovation.

- Competitive compensation and career development opportunities.