About MUFG Global Service MGS MUFG Bank Ltd is Japan s premier bank with a global network spanning in more than 40 markets Outside of Japan the bank offers an extensive scope of commercial and investment banking products and services to businesses governments and individuals worldwide MUFG Bank s parent Mitsubishi UFJ Financial Group Inc MUFG is one of the world s leading financial groups Headquartered in Tokyo and with over 360 years of history the Group has about 120 000 employees and offers services including commercial banking trust banking securities credit cards consumer finance asset management and leasing The Group aims to be the world s most trusted financial group through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers serving society and fostering shared and sustainable growth for a better world MUFG s shares trade on the Tokyo Nagoya and New York stock exchanges For more informat About Us MUFG Bank Ltd is Japans premier bank with a global network spanning in more than 40 markets Outside of Japan the bank offers an extensive scope of commercial and investment banking products and services to businesses governments and individuals worldwide MUFG Banks parent Mitsubishi UFJ Financial Group Inc MUFG is one of the worlds leading financial groups Headquartered in Tokyo and with over 360 years of history the Group has about 120 000 employees and offers services including commercial banking trust banking securities credit cards consumer finance asset management and leasing The Group aims to be the worlds most trusted financial group through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers serving society and fostering shared and sustainable growth for a better world MUFGs shares trade on the Tokyo Nagoya and Recent York stock exchanges MUFG Global Service Private Limited Established in 2020 MUFG Global Service Private Limited MGS is 100 subsidiary of MUFG having offices in Bengaluru and Mumbai MGS India has been set up as a Global Capability Centre Centre of Excellence to provide support services across various functions such as IT KYC AML Credit Operations etc to MUFG Bank offices globally MGS India has plans to significantly ramp-up its growth over the next 18-24 months while servicing MUFGs global network across Americas EMEA and Asia Pacific Position Business Analyst Role Summary In this role you will serve as a bridge between technology teams and the business and focus on analyzing documenting and validating business needs in relation to system functionality You will have a basic understanding of the financial industry the products the risks and how to comply with the corporate and regulatory agencies You will grow in understanding of one or more financial business areas You will understand your role in compliance with regulatory provisions Responsibilities include translating business needs into functional system requirements mapping existing system capabilities to business requirements understanding current and future state system functionality and how the business leverages technology and key data points to meet its needs and as needed supporting strategy definition defining goals and requirements for programs and projects and supporting continuous improvement in technology and processes You will develop test implement and define end-user training and support of a wide variety of the bank s division-specific systems and processes coordinate business unit efforts required for project implementation and tasks to ensure business unit satisfaction perform system administrative configuration and reporting functions in the division run database queries or create reports in support of management information needs formulate and define moderately complex system scope and objectives through research and fact-finding combined with an understanding of applicable business systems and industry requirements perform less complex projects to assess business needs and recommend technical solutions provide technical guidance to colleagues work on problems of moderate scope where analysis of situation or data requires a review of identifiable factors The Business Analyst will provide analysis of existing future business processes in support of change management initiatives and or infrastructure and process enhancements of Treasury and Market Risk systems or processes for regulatory mandates technology replacements upgrades or to meet business growth and consolidation objectives Responsibilities for This Role Gather and understand business requirements based on the requirement walk-through BRD and workshops Hands-on experience in requirements life cycle management in banking and financial domain Manage the requirements from inception to implementation Perform impact assessment on existing processes functions based on new requirements changes Ensure the business requirements and proposed solutions achieve the business goals Collaborating with technical SMEs come up with estimation for the new requirements Work with the technical teams for overall solution in line with group policies and procedures Work with the product owners to provide grooming sessions to development team Collaborate with entire team as part of the Agile Scrum team to deliver comprehensive changes to our internal external business Build strong relationship rapport with cross-functional teams and key stakeholders Ability to communicate complex technology concepts to a non-technology audience Be part of the by closely working with Scrum masters and squad members to deliver quality end-to-end solution including reviewing of other interface functional specifications and external parties specifications Every solution that is designed must be scalable and global in nature Maximize re-usability of solution provided for every requirement Review test scenarios to ensure there is comprehensive coverage by the testing team Perform random functional testing to ensure deliverables are in line with the requirements Work closely with business and country stakeholders for end-to-end system implementation and post-live support Basic SQL knowledge to query data base and familiarity with Oracle DB concepts End-to-end working knowledge in Transaction Banking Payments Channels areas Working knowledge around Payment schemes SWIFT MT ISO20022 Fedwire CHIPS Expertise in Payments processing Product - Fundtech Finastra Global Payplus GPP Fusion Role Qualifications Skills Previous Roles Experience 4 years to 9 years Hands on experience with GPP Classic and GPP SP Fusion product processor Knowledge of database structure of GPP Fusion SP Experience with SQL and other data profiling tools and techniques Excellent analytical and problem-solving skills Experience with Office 365 and collaboration tools Strong written and verbal communication skills Ability to multi-task and be flexible Ability to work independently or within a team for problem resolution Detail-orientation Ability to interface effectively with all levels of the organization Ability to express complex technical concepts in business terms Essential Skills Mandatory and Experience Minimum of 2 years of experience in GPP-SP GPP Fusion project as a Business Analyst Should have worked on ISO20022 MX related project for leading financial institutions

📌 Business Analyst-payments (Bengaluru)
🏢 Mufg
📍 Bengaluru