Business Analyst

Job Title : Business Analyst – IDC (Intellect Digital Core)

Department : Product Development / Business Analysis

Location : Siruseri, Chennai

Experience Required : 3 to 5 years

Employment Type : Full-Time

Reports To : Lead Business Analyst / Product Manager – IDC

About Intellect & IDC

Intellect Design Arena is a leading global provider of financial technology solutions. Our Intellect Digital Core (IDC) platform delivers comprehensive core banking functionality through a modern, microservices-based architecture. IDC empowers banks to innovate with speed and agility by providing scalable solutions across deposits, lending, trade finance, virtual accounts, billing, and more.

Role Overview

As a Business Analyst in the IDC team, you will act as a critical link between business stakeholders and the technology team. You will gather and analyze business requirements, prepare functional documents, and support product development throughout the lifecycle. This role requires a mix of banking domain knowledge , strong analytical skills , and the ability to work in a fast-paced Agile environment.

Please note this role is mandate to possess Core Banking / Payments / Banking Experience.

Key Responsibilities

Collaborate with product managers and client stakeholders to gather business requirements .

Create Business Requirement Documents (BRDs), Functional Specification Documents (FSDs) , and User Stories .

Work closely with development and QA teams to ensure correct interpretation and implementation of requirements.

Analyze existing product modules and recommend enhancements or optimizations.

Participate in client workshops, UAT planning , and issue triaging .

Create process flows, wireframes , and assist in defining UI / UX logic (where applicable).

Conduct gap analysis for banking products and regulatory compliance features.

Ensure requirements are aligned with the IDC product roadmap and standards.

✅ Required Skills & Qualifications

3–5 years of experience as a Business Analyst, preferably in banking or fintech domains is mandatory.

Understanding of Core Banking Systems , especially areas like deposits, payments, virtual accounts, billing, or lending .

Familiarity with Agile / Scrum methodologies and tools like JIRA and Confluence.

Ability to write clear, concise functional specifications and user stories.

Strong problem-solving and analytical skills .

Effective communication skills to interact with stakeholders and internal teams.

Bachelor’s degree in Engineering, Finance, Computer Science, or related field.