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2 Days ago

Business Analyst - Core BankingPayment

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Bangalore, Karnataka, India
Information Technology
Full-Time
MNC Group

Overview

Business Analyst - Payment Solutions

Job Summary:

The Business Analyst for Payment Solutions plays a crucial role in analyzing and enhancing our payment processing systems, with a focus on current products like CASA and digital lending systems. This position will leverage your expertise in creating Business Requirement Documents (BRD) and Functional Requirement Documents (FRD) to deliver innovative solutions that drive efficiency and customer satisfaction.

Key Responsibilities:

  • Analyze business processes and identify opportunities for improvement within payment systems, specifically CASA and digital lending.
  • Collaborate with cross-functional teams to gather and document requirements, creating comprehensive BRDs and FRDs.
  • Facilitate discussions and utilize tools like Jira and Confluence to track project progress, updates, and stakeholder communications.
  • Conduct gap analyses on existing payment solutions to ensure compliance with industry standards, including ISO8583.
  • Develop use cases and test scenarios to ensure successful implementation and deployment of payment solutions.
  • Provide ongoing support and training to team members and stakeholders regarding new systems and processes.
  • Conduct regular reviews and assessments of ongoing projects to ensure alignment with business objectives and user needs.

Requirements:

  • Bachelor's degree in Finance, Business Administration, Information Technology, or a related field.
  • Minimum of 8 years of experience as a Business Analyst, with a focus on payment systems or financial services.
  • Proficient in creating BRDs, FRDs, and use cases; familiarity with Agile methodologies is a plus.
  • Strong analytical and critical thinking skills to assess complex problems and develop effective solutions.
  • Excellent communication skills, both verbal and written, with the ability to engage stakeholders at all levels.
  • Proficiency in project management tools such as Jira and documentation tools like Confluence.
  • Understanding of payment standards, particularly ISO8583, and related financial regulations.

Preferred Qualifications:

  • Experience in digital lending platforms and their integration with payment systems.
  • Familiarity with data analysis tools or methods, such as SQL or Excel, to support decision-making.
  • Certifications related to Business Analysis (such as CBAP) or Project Management (such as PMP) is a plus.
  • Knowledge of user experience design principles relevant to digital financial services.

Benefits:

  • Competitive salary with performance-based bonuses and regular salary reviews.
  • Comprehensive health, dental, and vision insurance plans.
  • Flexible working hours and work-from-home options to support work-life balance.
  • Professional development opportunities, including training and certifications in relevant areas.
  • Generous vacation policy and paid parental leave.
  • Employee wellness initiatives, including fitness memberships and mental health resources.
  • Engaging company culture with regular team-building activities and social events.

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