Senior Business Analyst - BFSI Domain Functional Consultant

About Beyond Key

We are a Microsoft Gold Partner and a Great Place to Work-certified company. "Happy Team Members, Happy Clients" is a principle we hold dear. We are an international IT consulting and software services firm committed to providing. Cutting-edge services and products that satisfy our clients' global needs. Our company was established in 2005, and since then we've expanded our team by including more than 350+ Talented skilled software professionals. Our clients come from the United States, Canada, Europe, Australia, the Middle East, and India, and we create and design IT solutions for them. If you need any more details, you can get them at https://www.beyondkey.com/about.

Job Summary

We are looking for a Senior Business Analyst with a strong background in the Banking, Financial Services, and Insurance (BFSI) domain.

The role involves leading a team of 8–10 Business Analysts and working closely with delivery, pre-sales, and sales teams.

The candidate should have a consultative approach, capable of understanding client needs, proposing suitable solutions, and ensuring effective project execution from requirement gathering to delivery.

Key Responsibilities

Business Analysis & Functional Activities

• Conduct requirement gathering sessions with business users, stakeholders, and clients.
• Analyze business needs, existing processes, and system dependencies.
• Prepare and maintain BA deliverables including:
• Business Requirement Document (BRD)
• Functional Requirement Document (FRD)
• Software Requirement Specification (SRS)
• Statement of Work (SOW)
• User Stories, Use Cases, and Acceptance Criteria
• Perform process mapping, gap analysis, and impact assessment.
• Support QA and development teams during the entire SDLC for functional clarifications.
• Coordinate UAT and manage issue tracking and closure.
  
  

Team Leadership

• Lead and manage a team of 8–10 Business Analysts across multiple projects.
• Assign tasks, review outputs, and ensure documentation quality and consistency.
• Monitor timelines, delivery quality, and team performance.
• Conduct peer reviews and support knowledge sharing within the BA team.
  
  

Project Management Support

• Support project scope definition, effort estimation, and change request evaluation.
• Maintain project documentation including RAID logs and traceability matrices.
• Track progress and coordinate between business, technical, and QA teams.
• Participate in sprint planning, backlog refinement, and review sessions in Agile projects.
  
  

Pre-Sales and Consulting Support

• Work with the Pre-Sales and Sales teams to understand client requirements and contribute to proposal and solution design.
• Participate in client discovery calls, solution walkthroughs, and proposal discussions.
• Assist in preparing functional scope documents, effort estimations, and responses to RFPs/RFIs.
• Present business solutions and workflows to prospective clients with a consultative approach, focusing on business value.
• Collaborate with internal teams to translate client requirements into feasible solution designs.
  
  

BFSI Domain Expertise

• Deep understanding of banking, insurance, or financial services workflows - such as lending, payments, underwriting, claims, and compliance processes.
• Ensure solutions align with regulatory and compliance frameworks (KYC, AML, data protection, etc.).
• Support design of analytical dashboards and reporting requirements for business decision-making.
  
  

Required Skills

• 7+ years of experience as a Business Analyst or Functional Consultant in the BFSI domain.
• Hands-on experience preparing BRD, FRD, SRS, and SOW documents.
• Strong understanding of project management principles and exposure to Agile and Waterfall models.
• Experience leading and mentoring a team of Business Analysts.
• Strong knowledge of core banking, insurance, financial products, and compliance processes.
• Excellent command of tools such as JIRA, Azure DevOps, Confluence, MS Visio, and MS Office Suite.
• Strong analytical, documentation, and problem-solving skills.
• Excellent communication and presentation skills for client-facing roles.
• Proven ability to work with Sales, Pre-Sales, and Technical teams in a consultative manner.
  
  

Preferred Skills

• Certifications such as CBAP, PMI-PBA, or Agile BA.
• Experience supporting proposal creation and client solution presentations.
• Knowledge of data visualization tools (Power BI, Tableau) and integration frameworks.
• Exposure to digital transformation and automation projects in BFSI.
  
  

Share with someone awesome

View all job openings