4761 Business Analyst Fincraft Re-engineering 3 Mumbai Requirements Gathering Analysis • Engage with stakeholders (business users, operations, compliance, etc.) to understand functional and non-functional requirements. • Conduct workshops, interviews, and process walkthroughs to document current vs. target state. • Translate business needs into functional specifications, use cases, and user stories. Domain-Specific Analysis: a. Core Banking System (CBS) • Analyse modules like Customer Information, Accounts, Deposits, Payments, General Ledger, and Treasury. • Work on enhancements, integrations, or migrations in CBS platforms (e.g., Finacle, Temenos, Flex cube). • Ensure compliance with regulatory and reporting standards (e.g., KYC, AML, Basel,IFRS). b. Loan Management System (LMS) • Define and manage functional specs for loan disbursement, repayment schedules,interest calculation, NPA management, restructuring, and closures. • Ensure accurate configuration of loan products, repayment plans, and moratorium conditions. • c. Loan Origination System (LOS) Support business processes from lead generation to loan approval (e.g., application • intake, credit assessment, scoring, documentation, approval workflows). • Align LOS workflows with credit risk policies, regulatory guidelines, and internal • approval structures. Functional Design & Solutioning • Create Functional Design Documents (FDDs) and review Technical Design Documents • (TDDs).
Collaborate with solution architects and developers to align business requirements with • system capabilities. Participate in product configuration and ensure parameterization aligns with business • rules. • Testing & Validation • Prepare test scenarios, test cases, and perform Functional Testing / UAT support. • Validate system outputs such as amortization schedules, transaction entries, and • reports. • Ensure end-to-end process flow across modules like CBS LOS LMS... Bachelor’s degree, Master’s or an equivalent combination of education and work experience required. -
Job Description
- Stakeholder Communication & Coordination: Act as a liaison between business users, technology teams, and vendors.
- Prepare and deliver functional walkthroughs, demos, and training sessions.
- Track and communicate project milestones, risks, and dependencies effectively.
- Change Management & Documentation: Manage changes in requirements through a structured change request process.
- Maintain detailed process documentation including BRDs, FSDs, and user manuals.
- Ensure traceability of requirements throughout the project lifecycle.
- Regulatory & Compliance Alignment: Ensure solutions comply with local and regional regulations such as CBI, RBI, and GDPR.
- Collaborate with compliance teams to incorporate risk, audit, and security requirements in LOS/LMS processes.
- Support During Implementation: Assist in data migration, cut-over planning, and go-live support activities.
- Validate system readiness and support business users during post-go-live stabilization.
📌 Business Analyst (Mumbai)
🏢 Nelito
📍 Mumbai