Business Analyst

💰 ₹18,000 - ₹28,800 (Est.) 📍 Mumbai 🕐 3 days ago

Job Description

About Intellect Design Arena Ltd.
Intellect Design Arena Limited is a global leader in Financial Technology for Banking, Insurance and other Financial Services. With a rich suite of products across the organization, we are an authority on vertical and integrated products that enable institutions to meet their ambition to be the principal service provider to their customers.

Our commitment is to take banking into the future, anticipating and solving needs of tomorrow’s businesses.

We create financial technologies that help banks lead businesses on the path to growth and success. Our solutions help move the banking world forward; because that’s what happens when the world knows it has financial institutions they can rely on. This is the philosophy that we at Intellect follow and our commitment to our customers’ success.

A uniquely focused Products business, over $200 million Intellect Design Arena group has the soul of an agile start up, with the maturity of an established specialist in designing advanced technology products for global financial platforms across Global Transaction Banking (GTB) , Global Consumer Banking (GCB), Risk, Treasury & Markets (RTM), Insurance (Intellect SEEC) and e
- Governance (GeM).

Intellect provides full spectrum, fully integrated products that run in over 250 financial institutions, across +0+ countries. With over 4500 solution architects, domain and technology specialists, backed with over 30 years of deep domain expertise, Intellect is the brand on which progressive financial institutions rely on for transformation initiatives.

Our aggressively customer-centric design philosophy has enabled the engineering of agile & holistic digital solutions, with full lifecycle enablement and industry-leading performance assurances.

Explore more about us at :

Job Summary
We are looking at on boarding Business Analyst who has in-depth knowledge of banking/ finance domain with hands-on experience in creating BRD’s & manage the entire product lifecycle

Duties and

Responsibilities
Evaluating business processes, anticipating requirements, uncovering areas for improvement, and developing and implementing solutions
Staying up-to-date on the latest process and IT advancements to automate and modernize systems & products
Performing requirements analysis and conducting meetings and presentations to share ideas and findings
Designing and developing Product Workflows, implementing user stories, performing ERP API integrations, UAT and delivering product using Agile scrum methodology
Engage with various internal/external stake holders such as client, technology team, product managers, operations and testing team & ensure solutions meet business needs and requirements
Provides overall direction & manage the entire product lifecycle from strategic planning , product enhancements , product development and go-to-market strategy
Gain a deep understanding of the customer, identify and fill product gaps, generate new ideas that grow market share, and drive growth
Identifies product market opportunities through market research, customer profiling, needs analysis, market sizing and competitive analysis
Translates product strategy into recommendations and feature definition to address market opportunities
Participates in technical reviews and inspections to verify intent of change is carried out through the entire project
Monitoring deliverables and ensuring timely completion of projects;
Effectively communicating insights and plans to cross-functional team members and management

Required Skills / Abilities
Experience on USA market specific processing, clearing and settlement of international wires, electronic funds transfers, direct debits, Virtual Accounts and Escrow Management
In-depth end-to-end processing knowledge of at least 3 of the following areas of Corporate Banking
Receivables and Collections
International Payments
Virtual accounts and Escrow Management
Channel banking (internet, mobile, API, Host-to-Host)
Liquidity Management & Limit Management
Sound knowledge of international standards like SWIFT and ISO
20022 is must
Gathering functional requirements including preparation of functional specification documents (FSD/FRD), user stories and requirement traceability
Change / defect management experience which includes root-cause analysis, proposed solution and related documentation
Excellent analytical, communication and documentation skills.
Substantial client interaction and direct participation in client requirement gathering, elicitation and functional solution design.

Ability to engage with various internal/external stake holders such as IT business analysts, product managers, operations and testing.
Proficient in creation of flowcharts/UML diagrams
Exposure to core banking, basic knowledge of RDBMS (SQL queries) is preferred

💡 Quick Summary

Seeking a career-building opportunity? The Business Analyst position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.

Sponsored

Job Details

Company Name: Intellect Design Arena Ltd

Frequently Asked Questions

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The expected salary for Business Analyst in Mumbai is ₹18,000 - ₹28,800 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Business Analyst is an on-site position based in Mumbai. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Business Analyst. Previous experience in Bank Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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