Senior Business Analyst

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

Job Description

Job : Technology
Primary Location : Asia-India-Chennai
Schedule : Full-time
Employee Status : Permanent
Posting Date : 06/Jul/2026, 2:3+:2+ AM
Unposting Date : Ongoing

The Role Responsibilities

Job Role

The Business Analyst defines the requirements and software solutions to resolve business-related problems and meet strategic organizational goals. This position will be responsible for facilitating business change management and process design by developing detailed software / functional requirements and process flow diagrams.

Key Responsibilities

The candidate would work closely with end users, business units, and other IT resources in all stages of project life cycle, including investigation, analysis, design, testing, and implementations to ensure business requirements are successfully implemented.

This individual should demonstrate the highest levels of customer service, technical knowledge, productivity, and professionalism. This is a hands-on position requiring strong analyst skills, and business expertise.

Responsible for partnering with business/user group representatives to understand business processes and underlying informational and / or process automation needs, then translating those needs into formal, documented business requirements following methodologies and processes.
Defines business needs, detailed requirements and project scope and ensures timely closure of the initial requirements phase of projects.
Gather requirements using appropriate techniques and capture them in business requirements document.
Transition the documented business requirements into accurate functional specifications document and gain approval from the business / user group.
Strategy

Initiate and monitor all change requests from business so as to ensure timely and accurate delivery.
Collaborate with design and development teams through-out to ensure smooth transition of requirements and quality delivery.
Support testing team (QA) to understand the requirements and verify the test coverage.
Coordinate user acceptance testing and signoff.
Business

Providing service to Team (Squad)
Providing service to Product Owner (PO)
Processes

Transaction Screening Technology change, release and risk management.
People and Talent

Effectively uses teamwork to positively contribute to a high-morale, high-performance team culture, leading by example

Consulting attitude
Is results driven and has a positive attitude
Effective team player and collaborator
Strong personal integrity
Strong written and verbal communication skills
Can effectively communicate business and technical information across the organization, being sensitive to the needs of unique audiences
Risk Management

Is able to collaborate with IT and business personnel to manage problem resolution effectively.
Work cross-functionally and think both critically and strategically.
Governance

Ensure all the deliverables meet the quality standards as defined in the e-Software Development Framework (SDF), Data Quality Management Framework (DQMF) and Operational Risk Framework (ORF)
Regulatory and Business Conduct

Display exemplary conduct and live by the Group’s Values and Code of Conduct.
Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
Lead the Screening team to achieve the outcomes set out in the Bank’s Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment].
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders

Transaction Screening Product Management
Fircosoft Product Management
FCSO Program Management
List Management Team
FCC Stakeholders
FCSO
T&I Functions
SPOT
Our Ideal Candidate

A degree in business systems, computing or related field or combination of education and experience is necessary; BE / MCA / MBA.
Approximately 10 - 15 years of experience in Business Analysis.
Must have minimum of 5 years of experience in Compliance domain, preferably in Sanctions Screening space (via Fircosoft suite of products).
Working knowledge in Transaction Screening / Name Screening.
Have good understanding of Payments, SWIFT, ISO 20022 payment message types.
Good understanding of Trade Finance, Financial Markets, Securities is a plus.
A motivated individual with a great sense of responsibility.
A work ethic of dependability through punctuality, flexibility, and adaptability to perform as an efficient, detail-oriented team player.
Proven ability to communicate effectively with displayed levels of knowledge, skills and responsibilities.
Preferably experience in Agile mode of working.
Role Specific Technical Competencies

Business Analysis
Scrum
Software Product Technical knowledge
Software Quality Assurance
Software Product Business knowledge

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 160 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents. And we can't wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion. Together we:

Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations
Time-off including annual, parental / maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with with minimum global standards for annual and public holiday, which is combined to 30 days minimum
Flexible working options based around home and office locations, with flexible working patterns
Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning
Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.
Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

Visit our careers website www.sc.com/careers

💡 Quick Summary

Seeking a career-building opportunity? The Senior Business Analyst position is now open for candidates interested in the Bank Jobs sector. This role in Chennai 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: Standard Chartered

Frequently Asked Questions

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The expected salary for Senior Business Analyst in Chennai is ₹18,000 - ₹28,800 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Senior Business Analyst is an on-site position based in Chennai. 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 Senior Business Analyst. Previous experience in Bank Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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