1. Job Title – Business Analyst

2. Role Overview-
The Business Analyst will play a pivotal role in the Information Technology (IT): Software Development department within the Banking domain. With 10-15 years of experience, the individual will be responsible for bridging the gap between IT and the business using data analytics to assess processes, determine requirements, and deliver data-driven recommendations and reports to executives and stakeholders. The Business Analyst will be instrumental in guiding strategic projects, improving systems and processes, and driving innovation to keep the bank competitive in a rapidly evolving industry.

3. Job responsibilities-
- Lead requirements gathering sessions with stakeholders to understand business needs and translate them into functional specifications.
- Conduct thorough business process reengineering to enhance efficiency and productivity, employing tools like Lean Six Sigma and BPMN.
- Facilitate requirement elicitation workshops, employing techniques such as focus groups and Delphi technique to gather critical business insights.
- Develop comprehensive business requirement documents, ensuring clarity, compliance, and alignment with organizational goals.
- Create detailed functional requirement documents that articulate system functionality, integration needs, and user requirements.
- Construct and validate use cases, ensuring they align with business objectives and user acceptance criteria.
- Drive the creation of business intelligence dashboards and reports using tools like Tableau and Power BI to support data-driven decision-making.
- Collaborate with IT teams to ensure technical feasibility and alignment with business requirements.
- Mentor junior analysts and lead cross-functional teams to ensure project success.
- Exhibit exceptional communication skills, tailoring messages for different audiences and effectively managing stakeholder expectations.
- Apply problem-solving skills to identify issues, analyze root causes, and propose viable solutions.
- Utilize analytical thinking to conduct data analysis, forecasting, and business case development, supporting strategic initiatives.

4. Skills/Knowledge – 
-Mandatory Skills-
- Proficiency in requirements gathering techniques such as stakeholder analysis, prototyping, and user story creation.
- Expertise in business process reengineering, including AS-IS and TO-BE process mapping, gap analysis, and workflow automation.
- Strong background in requirement elicitation with the ability to conduct critical questioning, scenario building, and decision modeling.
- In-depth knowledge of creating business requirement documents, with a focus on structured documentation formats and regulatory compliance.
- Experience in developing functional requirement documents, detailing system integration, and compliance requirements.
- Skilled in use case development, including use case diagram creation, actor definition, and scenario testing.

-Good to have skills-
- Excellent verbal and written communication skills, with the ability to develop comprehensive communication plans and deliver presentations.
- Advanced problem-solving skills, with experience in root cause analysis and solution implementation planning.
- Strong analytical thinking abilities, capable of performing data analysis, trend analysis, and developing predictive analytics models.

5. Experience-
- A minimum of 10 to 15 years of experience in a Business Analyst role within the Banking industry.
- Master of Business Administration (MBA) degree is required.
- Domain knowledge of the Banking industry is highly desirable, with a strong understanding of banking regulations, financial products, and market trends.

Company is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.