– Business Analyst (LOS / LMS)

Position: Business Analyst – Loan Origination System (LOS) / Loan Management System (LMS)

Experience: 3–5 Years

Location: Borivali, Mumbai (Work from Office)

Employment Type: Full-time

Job Summary

We are seeking a dynamic and detail-oriented Business Analyst with 3–5 years of experience in Loan Origination Systems (LOS) and Loan Management Systems (LMS). The ideal candidate will have hands-on experience in gathering and analyzing business requirements, preparing functional specifications, and working closely with business stakeholders and technical teams to deliver high-quality lending solutions.

The candidate should possess robust domain knowledge of the end-to-end lending lifecycle, including customer onboarding, loan origination, credit assessment, underwriting, disbursement, repayment, collections, and loan servicing. Experience in Banking, NBFC, or FinTech organizations will be highly preferred.

Key Responsibilities

Engage with business stakeholders to understand, analyze, and document business requirements.

Conduct requirement gathering sessions, workshops, and stakeholder interviews.

Prepare comprehensive Business Requirement Documents (BRD), Functional Requirement Documents (FRD), User Stories, Use Cases, Process Flows, and Functional Specifications.

Analyze existing business processes, identify gaps, and recommend process improvements.

Translate business requirements into functional specifications for the development team.

Work closely with Product Owners, Developers, QA teams, and Project Managers throughout the Software Development Life Cycle (SDLC).

Support the development team by providing functional clarifications during implementation.

Coordinate and support User Acceptance Testing (UAT), validate test cases, and ensure business requirements are met.





Perform impact analysis for new enhancements, change requests, and regulatory requirements.

Assist in production issue analysis and coordinate with support teams for resolution.

Ensure successful implementation of lending solutions while maintaining quality standards.

Prepare project documentation, user manuals, and training materials where required.

Participate in Agile ceremonies such as Sprint Planning, Backlog Grooming, Daily Stand-ups, and Sprint Reviews.

Required Skills & Experience

Domain Expertise

Minimum 3 years of Business Analysis experience in Banking, NBFC, FinTech, or Lending organizations.

Hands-on experience with Loan Origination System (LOS) and/or Loan Management System (LMS) projects.

Strong understanding of the complete lending lifecycle, including:

Customer Onboarding

KYC & CKYC

Loan Application Processing

Credit Bureau Integration

Credit Assessment

Underwriting

Loan Approval

Loan Disbursement

EMI Schedule

Loan Servicing

Collections & Recovery

Loan Closure

Knowledge of retail lending products such as:

Personal Loans

Home Loans

Loan Against Property (LAP)

Business Loans

Vehicle Loans

Gold Loans (preferred)

Functional Skills

Requirement Gathering

Business Process Analysis

BRD / FRD Documentation

User Stories & Use Cases

Gap Analysis

Process Mapping

Functional Specifications

UAT Coordination

Change Request Management

Stakeholder Management

Requirement Traceability

Documentation Management

Technical Skills





Working knowledge of SQL for data validation and analysis.

Experience with Jira, Confluence, Azure DevOps, or similar project management tools.

Understanding of REST APIs, JSON, and system integrations.

Knowledge of Agile and Scrum methodologies.

Proficiency in Microsoft Excel, Word, PowerPoint, and Visio.

Preferred Experience

Experience working with one or more lending platforms such as:

Newgen LOS

Nucleus FinnOne

Finacle LOS

TCS BaNCS

Pennant Technologies

Yubi (CredAvenue)

Salesforce Financial Services Cloud

Custom-built LOS/LMS applications

Experience integrating with

Credit Bureaus (CIBIL, Experian, Equifax, CRIF)

eKYC / CKYC services

Payment Gateways

Banking APIs

Document Management Systems

OCR solutions

Soft Skills

Excellent analytical and problem-solving skills.

Strong verbal and written communication.

Ability to manage multiple stakeholders across business and technology teams.

Strong documentation and presentation skills.

Ability to work independently as well as in a collaborative team environment.

Good organizational and time management skills.

Attention to detail and commitment to quality.

Educational Qualification

Bachelor's degree in Engineering, Computer Science, Information Technology, Commerce, Finance, or a related discipline.

MBA or equivalent postgraduate qualification is preferred.

Preferred Candidate Profile

3–5 years of Business Analysis experience with exposure to LOS/LMS implementations or enhancements.

Strong understanding of banking and lending business processes.

Experience working in Agile project environments.

Ability to independently manage requirement gathering, documentation, and stakeholder communication.

Prior experience in Banking, NBFC, or FinTech organizations is highly desirable.

📌 Business Analyst (Mumbai)
🏢 Vauch Information Technology
📍 Mumbai