Business Analyst – BFSI & Wealth Management, Regulatory Compliance & Requirements Engineering

Overview

Synechron is seeking a highly experienced Technical Business Analyst to lead comprehensive analysis, documentation, and solution design initiatives across banking, financial services, and wealth management domains. This role involves engaging with stakeholders to capture both functional and non-functional requirements, translating business needs into scalable technical solutions, and supporting ongoing project execution. Your expertise will enable optimal system performance, compliance, and operational efficiency, facilitating digital transformation and innovative product delivery.

Software Requirements

Required:

• Proficiency in creating and managing functional and non-functional specifications, technical architecture, process flows, data sequences, and integration documentation (10+ years)
• Extensive experience in supporting production systems and conducting incident triage, root cause analysis, and defect resolution
• Proficiency in MS Office, MS Visio, SharePoint, Jira, HP QC, and Confluence (10+ years)
• Strong understanding of N-tier architecture, UX/UI principles, APIs/Web services, message queues (MQ), databases (SQL & NoSQL), and batch processing
• Experience with agile practices, including user story writing, backlog grooming, and sprint planning
• Exceptional stakeholder management, communication, and presentation skills
  
  

• Experience in banking or financial services industries supporting complex domain-specific solutions
  
  

• Lead the analysis, documentation, and design of enterprise-grade business solutions supporting BFSI and wealth management functions
• Collaborate with cross-functional teams—including business stakeholders, architects, and QA—to gather, analyze, and translate requirements into technical specifications
• Develop and maintain detailed architecture diagrams, workflows, and process maps aligned with organizational standards
• Participate actively in project planning, impact assessments, and functional discussions to identify potential solutions and risks
• Support incident triage, root cause analysis, and defect resolution to maintain system reliability and performance
• Drive continuous improvement of processes, standards, and documentation practices
• Lead technical reviews and mentor junior analysts to uphold best practices
• Support system and process migrations, enhancements, and regulatory compliance efforts
• Ensure all deliverables support operational excellence, security, and compliance standards
  
  

• Creating comprehensive technical and functional specifications, process flows, and data models
  
  

• BFSI domain expertise, including Wealth Management, AML, and Regulatory reporting (preferred)
  
  

• JIRA, Confluence, HP QC for requirement management and documentation
• Modeling tools: MS Visio or similar for process and architecture diagrams
  
  

• Knowledge of API/Message Queue integrations (MQ, REST, SOAP)
• Data mapping, validation, and reconciliation strategies
  
  

• Understanding of cloud deployment in Azure, AWS, or GCP (preferred)
• Familiarity with DevOps practices supporting solution deployment and automation
  
  

• Experience with data security, audit standards, and regulatory frameworks supporting BFSI
  
  

• 10+ years of experience as a Business Analyst supporting BFSI, Wealth Management, or Regulatory environments
• Proven track record of leading requirements gathering, cross-team collaboration, and documentation for enterprise-class solutions
• Extensive experience with incident support and problem resolution in production systems
• Experience with agile methodologies and managing complex project deliverables
• Domain experience in banking or finance industry is highly preferred
  
  

• Engage with stakeholders to gather detailed requirements and document functional, technical, and data specifications
• Lead impact analysis and feasibility assessments on new or existing systems
• Develop process flows, system architecture diagrams, and integration documentation
• Support incident management, root cause analysis, and defect resolution activities in production environments
• Collaborate with development, architecture, QA, and operations teams to ensure technical solutions support operational objectives
• Conduct regular stakeholder meetings, presentations, and reviews
• Facilitate backlog grooming, sprint planning, and continuous process improvements
• Maintain comprehensive and up-to-date documentation supporting compliance and audit requirements
  
  

• Bachelor’s degree in Computer Science, Business, or related fields; Master’s preferred
• 10+ years supporting enterprise BFSI or wealth management systems
• Industry certifications such as CBAP, PMI-PBA, or equivalent are advantageous
• Proven expertise in requirements analysis, process modeling, and solution design in regulated environments
  
  

• Strong analytical and problem-solving skills for complex business and system challenges
• Excellent stakeholder management and communication skills
• Leadership qualities to mentor junior team members and influence project outcomes
• Flexibility and adaptability in fast-changing environments
• High attention to detail with a focus on compliance, security, and operational efficiency
  
  

Diversity & Inclusion are fundamental to our culture, and Synechron is proud to be an equal opportunity workplace and is an affirmative action employer. Our Diversity, Equity, and Inclusion (DEI) initiative ‘Same Difference’ is committed to fostering an inclusive culture – promoting equality, diversity and an environment that is respectful to all. We strongly believe that a diverse workforce helps build stronger, successful businesses as a global company. We encourage applicants from across diverse backgrounds, race, ethnicities, religion, age, marital status, gender, sexual orientations, or disabilities to apply. We empower our global workforce by offering flexible workplace arrangements, mentoring, internal mobility, learning and development programs, and more.

All employment decisions at Synechron are based on business needs, job requirements and individual qualifications, without regard to the applicant’s gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law.

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