Name of the Post : Business Analyst (BA)

Type of the Post: Contractual on Full Time basis.

Number of Posts : 1 (One)

Place of Posting : New Delhi

Period of Contract :The Term of Contract would initially be for a period of Three (03) years, extendable, at sole discretion, for a further period of up to Two (02) years. The Contract can be terminated at Two (02) months of notice on either side or salary and allowances (if any) in lieu thereof.

Experience Minimum Eight (08) years of relevant experience with minimum Four (04) years of experience in Business Analyst (BA) role. Experience in Banking and Finance Domain will be an added advantage.

Eligibility Criteria/Age Limit :

The Candidate should not be more than 40 years old as of the last date of submission of application.

Educational Qualification

Graduation in Engineering / B.E. / B. Tech / M.S. / M. Tech / M. Sc. (Computer Science / Computer Science and Engineering / Information Technology / Electronics / Electronics and Communication Engineering) or Equivalent Degree in above specified disciplines OR MCA from University / Institution / Board recognized by Government of India.

Job Profile:

Determine Operational objectives by studying business functions, gathering information, evaluating output requirements and formats.
Understanding the needs of multiple stakeholders by identifying the current and future-state business processes.
Improve systems by studying current practices and designing modifications.
Research other competitors and industries to compare and measure performance guidelines to find new ways to control costs, increase efficiency.
Define project requirements by identifying project milestones, phases, and elements; forming project team; establishing project budget.
Monitor progress by tracking activity, resolving problems, publishing progress reports, recommending actions.




Guide Vendors for their development and designs related to IT initiatives
Engage and coordinate with outsourced agencies.
Effective follow-up with and Business functions and guidance to respective stakeholders.
Oversee stakeholder interactions and the complete requirement lifecycle to ensure accurate capture of business intent, regulatory needs, and technical feasibility.
Enforce documentation standards to meet audit and regulatory compliance.
Drive strict adherence to defined Turnaround Time (TAT) for all deliverables and monitor performance against regulatory timelines to prevent bottlenecks.
Requirement Lifecycle Governance and Oversight
Solution Design Validation
Documentation Standards, Compliance & Audit Readiness
Maintaining Business Requirement Documents (BRD, Functional Specification (FS) and System Requirement Document (SRS)
Coordinate with business stakeholders, operations, and IT to gather, document, and analyze the requirements
Conduct gap analysis, feasibility studies, and impact assessments to align business needs with technology solutions.
Translate business requirements into functional specifications, user stories, workflows, and acceptance criteria.
Work closely with technology teams during design, development, and testing phases.
Support UAT (User Acceptance Testing), validate system functionality, and provide training to business users.
Ensure compliance with regulatory frameworks (e.g. RBI / CSITE etc.).
Process re-engineering initiatives to streamline operations and improve efficiency.




Act as a key liaison between business, compliance, operations, and IT teams to ensure smooth project execution.

Key Skills:

Minimum Eight (08) years of relevant experience with minimum Four (04) years of experience in Business Analyst (BA) role.
Business Process Modeling, Mapping the current and future workflows using notation like BPMN / Flowcharts / Data Flow Diagrams (DFD).
Requirements Gathering and documenting actionable Business needs into Business / Functional Requirement Documents (BRD / FRD).
Methodologies: Operating within established frameworks like Agile / Scrum, Lean, or Six Sigma to execute projects smoothly.
Commercial Awareness, understanding financial models, budgeting / estimation as required.
Stakeholder Management: Translating complex technical concepts to Business needs.
Balancing varying stakeholder demands to strike agreement on viable project scopes.
Guiding group discussions and workshops to ensure projects stay on track and deliver business value.
Data analysis and visualization, Cost-Benefit Analysis, Knowledge of Business Analysis Tools, Risk Management, Analytical Thinking and Problem-Solving and Presentation Skills.
Change and Release Management

Secondary Skills:

Bridging the gap by coordinating with business stakeholders, operations, and IT to gather, document and analyse the requirements
Requirement Traceability Matrix (RTM)
Advance Excel, SQL, Data Analytics Tools, Business Intelligence tools
Understanding of Machine Learning (ML) and Artificial Intelligence (AI) basics
Familiarity with emerging tools and technologies

Competency:

Excellent Verbal and Written Communication and Interpersonal Skills, skilled maturity. Ready to perform in a team.

*Preferred Certification: PMP, CBAP, Scrum Master (CSM/PSM), Prince2, Six Sigma Green Belt*

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