Business Analyst

1 month ago

Navi Mumbai, India IDFC FIRST Bank Full time

Role/ Job Title:  Senior Business Analyst

Function/ Department: Information Technology

Job Purpose:

Understanding & implementation of business requirements from internal stakeholders based on Regulatory Framework & guidelines by setting up processes & technology.  Knowledge & experience of regulatory reporting to RBI; ADF, RBS, EWS  Manage multiple projects. Stakeholder management Staying up-to-date on the latest process and IT advancements to automate and modernize systems.

Roles & Responsibilities:

Business Analyst Responsibilities for Regulatory Reporting application:  Understanding & implementation of business requirements from internal stakeholders based on Regulatory Framework & guidelines by setting up processes & technology.  Mandatory experience of regulatory reporting to RBI; ADF, RBS, EWS.  Impact analysis for changes impacting downstream application.  Data profiling & analysis for identifying data gaps and defects. Data validation to ensure accuracy & consistency.  Data mapping to facilitate data integration & ETL processes.  Master Data Management: data strategy & maintain consistency across databases. End objective is quality of automated reports delivered within stipulated timelines consistently with agreed SOP with all stakeholders.  Prioritizing initiatives based on business needs and requirements. Managing vendor / technology partners Understanding functional validations of the reports to perform SIT. Preparation of test scenarios, test cases & automation in JIRA. Documentation of SOP, RACI metrics & relevant documentation applicable for change management process defined by the bank Presenting changes to RCB, handing over the changes to production support team. Incidence management with root cause analysis for issues raised by users and or production support team. Identify controls to be built for completeness & accuracy Closure of audit points. Managing multiple projects and monitoring performance. Staying up-to-date on the latest process and IT advancements to automate and modernize systems. Effectively communicating your insights and plans to cross-functional team members and management.

Technical Skill Set: 

A bachelor’s degree in business or related field or an MBA. A minimum of 5 years of experience in business analysis or functional knowledge of Regulatory reporting pertaining to Finance, Risk. Exceptional analytical and conceptual thinking skills. Basic SQL commands. Excellent documentation skills. Competency in Microsoft applications including Word, Excel, and Outlook, Project.

Education Qualification:

Graduation: Bachelor of Science ( / Bachelor of Technology ( / Bachelor of Computer Applications (BCA) Post-Graduation: Master of Science ( /Master of Technology ( / Master of Computer Applications (MCA)

Experience: 5-10 years

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