About the Role:

As Business Analyst you are the bridge between business stakeholders and Avaloq delivery squads: you elicit and challenge requirements, shape them into Avaloq-executable functional designs, and stay accountable for them through build, SIT, UAT and go-live.

This is a hands-on delivery role on large, multi-workstream Avaloq programmes. You will own the requirement thread end to end - from a business pain point in the front office to a signed-off UAT result in production. Required Skills & Qualifications:

- Bachelors degree in Business, Information Technology, Computer Science, Finance, Engineering or a related discipline.
- 5-10 years of Business Analysis experience, of which at least 3 years in banking or financial services.
- Avaloq: Hands-on delivery experience on the Avaloq Banking Suite - a firm requirement for this role. You must be able to discuss Avaloq business objects, parameters and functional design decisions unaided.
- Demonstrated delivery on at least one large-scale core banking transformation programme, end to end.
- Greenfield: Proven exposure to a greenfield implementation, with end-to-end command of your workstream from initial design through to go-live.
- Cross-workstream: Track record of coordinating across parallel workstreams - engaging other workstream owners to surface cross-impacts, agree interface and data dependencies, and keep design decisions aligned programme-wide.
- Proven authorship of BRDs, FSDs, user stories, process maps and traceability matrices.
- Experience in both Agile and Waterfall delivery environments.
- Excellent written and verbal English, with the ability to write specifications that a developer can build from without further explanation.

TOOLS & TECHNICAL SKILLS Avaloq Banking Suite (functional)



Requirements management BPMN / Visio process modelling JIRA & Azure DevOps Confluence SQL (preferred) Advanced Excel (pivots, lookups, reconciliation) Functional testing, SIT & UAT management Business process re-engineering Key Responsibilities:

1. Requirements Engineering & Documentation

- Elicit requirements through workshops, stakeholder interviews and process observation across front, middle and back office.
- Translate business needs into Business Requirement Documents (BRDs), Functional Specification Documents (FSDs), user stories and acceptance criteria.
- Author Avaloq-specific functional designs covering impacted business objects, parameters, interfaces, reports and batch processing.
- Own and maintain the Requirements Traceability Matrix (RTM) from business need through to test evidence.
- Lead a functional workstream end to end with the client and understand business scope, requirements in full detail and granularity to shape the BRD for development.

1. Process Analysis & Avaloq Solution Design

- Map "As-Is" processes, define the "To-Be" target state, and perform gap and impact analysis against standard Avaloq functionality.
- Distinguish standard Avaloq capability from customisation, and justify every deviation on cost, risk and upgrade impact.
- Work with Solution Architects, Product Owners and Avaloq technical consultants to select the optimal design option.
- Identify automation and simplification candidates in manual operations, and quantify the effort/benefit case for each.

1.



Stakeholder Engagement & Governance

- Act as the primary functional liaison between business users, operations, risk, compliance and the delivery squads.
- Constructively challenge senior stakeholders where requirements conflict, and drive them to a single agreed position.
- Secure formal sign-off on requirements and designs, and manage scope change through the agreed governance process.
- Report progress, risks, issues and dependencies clearly to programme management.

1. Agile Delivery & Backlog Management

- Build, refine and prioritise the backlog in JIRA or Azure DevOps alongside the Product Owner.
- Write INVEST-compliant user stories with testable acceptance criteria.
- Participate in sprint planning, stand-ups, reviews and retrospectives; resolve requirement clarifications within the sprint.

1. Delivery Assurance, Data Validation & Go-Live

- Design and review test scenarios and test cases; drive SIT, UAT and business validation to completion.
- Coordinate UAT execution with business users and lead defect triage, prioritisation and retesting.
- Support data migration and reconciliation: field mapping, data quality analysis, remediation rules and pre/post-migration validation.
- Support regulatory, MIS and reporting workstreams where in scope.
- Prepare training material and business readiness artefacts; support cutover, hypercare and post-go-live stabilisation.

Insurance

Career Development

Flexible Work hours

Learning Opportunities

Inclusive and team-oriented work culture

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

📌 Business Analyst - Avaloq Banking Transformation (Pune)
🏢 Synpulse
📍 Pune