Senior Business Analyst – BFSI

Location: Pune
Experience: 6+ years
Employment Type: Full-time
Department: Solution & Quality CoE

Job Summary

We are looking for an experienced Senior Business Analyst with solid BFSI domain expertise to join our Solution & Quality CoE. The ideal candidate should have strong experience in business requirements, process analysis, Agile delivery, stakeholder management, and end-to-end requirement ownership.

The candidate should have minimum 3 years of BFSI experience and demonstrated experience independently managing requirements through the complete delivery lifecycle, from elicitation to UAT sign-off.

Key Responsibilities

- Elicit, analyse, validate, and document business requirements through stakeholder workshops and discussions.

- Prepare BRDs, FRDs/FSDs, user stories, acceptance criteria, use cases, and functional requirements.

- Create as-is and to-be process flows using BPMN/UML and tools such as Visio, Lucidchart, or draw.io.

- Perform impact analysis and effort estimation for change requests.

- Work closely with Product, Business, Development, and QA teams throughout the delivery lifecycle.

- Support backlog grooming, prioritisation, sprint planning, and other Agile/Scrum ceremonies.

- Own requirements traceability (RTM) and support UAT planning, execution, and defect triage.

- Lead client-facing workshops and independently manage stakeholder expectations and escalations.





- Identify regulatory and compliance implications within the relevant BFSI domain.

- Contribute to product enhancements, continuous improvement, pre-sales, RFP responses, and solution documentation.

- Support standardisation of BA processes, documentation, templates, and best practices.

RequirementsRequired Skills

- 6+ years of total experience with 4+ years of core Business Analyst experience.

- 3+ years of mandatory BFSI domain experience.

- Strong requirements engineering: BRD, FRD/FSD, User Stories, Acceptance Criteria, Use Cases.

- Process modelling using BPMN/UML.

- Strong understanding of Agile/Scrum and tools such as Jira or Azure Dev Ops.

- Intermediate SQL knowledge including joins, aggregations, and subqueries.

- Understanding of REST/JSON APIs, Postman, and Swagger/OpenAPI.

- Experience with Figma or Balsamiq for wireframing.

- Experience with UAT, test scenario reviews, RTM, and defect management.

- Strong stakeholder management and communication skills.

Good to Have

Exposure to BFSI standards and platforms such as:

- ISO 20022, SWIFT MT/MX, UPI, IMPS, NACH, NEFT/RTGS, FIX, or ACORD

- KYC/AML, PCI-DSS, DPDP Act/GDPR, and relevant RBI/SEBI/IRDAI regulations

- Power BI or Tableau

- Core banking, payment switches, policy administration, or order management systems

- Certifications such as CBAP/CCBA, CSPO, PSM-I, PSPO-I, NISM, NCFM, IRDAI, CDCS, or CAMS.

📌 Senior Business Analyst (India)
🏢 Benchmark IT Solutions India
📍 India