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Business Analyst - Finacle Platform

Business Analyst - Finacle Platform

ConfidentialIndia
22 hours ago
Job description

We are seeking a motivated and detail-oriented Business Analyst (BA) with hands-on exposure to the Finacle Core Banking platform and a solid understanding of retail banking processes . The ideal candidate will support business requirement gathering, documentation, functional analysis, UAT coordination, and day-to-day collaboration with cross-functional teams. This role is ideal for someone who is looking to grow within the banking domain and strengthen their functional expertise in Finacle.

Key Responsibilities 2. Documentation & Deliverables 3. Functional Support for Finacle 4. UAT Planning, Execution & Coordination 5. Stakeholder Management 6. Process Improvement & Compliance

  • Requirement Gathering & Analysis
  • Engage with business stakeholders to understand functional needs, pain points, and enhancement requests.
  • Facilitate requirement workshops, discussions, and walkthroughs with business users and operations teams.
  • Translate business needs into clear and structured requirements, ensuring alignment with project objectives.
  • Perform feasibility checks and document system impacts for Finacle-related changes.
  • Prepare detailed Business Requirement Documents (BRDs), Functional Specification Documents (FSDs), user stories, and process flow diagrams.
  • Develop end-to-end process maps, impact assessments, and gap analyses.
  • Create and maintain requirement traceability matrices, ensuring alignment between requirements and delivery.
  • Maintain version control and proper documentation for all changes and enhancements.
  • Support Finacle parameterisation, product configuration, and functional validation for relevant modules.
  • Work with Finacle SMEs and technology teams on clarifications, change impacts, and dependency mapping.
  • Assist in functional testing and validation of Finacle enhancements, patches, and new releases.
  • Analyse Finacle logs, error messages, and system behaviours to support troubleshooting with technology teams.
  • Prepare UAT test scenarios, test scripts, and acceptance criteria.
  • Coordinate UAT cycles with business users, ensuring timely execution and proper defect logging.
  • Validate test results, track defects, and ensure closure with the development and QA teams.
  • Provide functional support during production deployment activities.
  • Act as a bridge between business users, technology teams, external vendors, and Finacle support teams.
  • Communicate requirement clarifications, progress updates, and issue escalations effectively.
  • Ensure expectations are set accurately and delivery timelines are adhered to.
  • Support cross-functional collaboration across Operations, Compliance, Finance, and Channels teams.
  • Identify opportunities to streamline or optimise business processes within retail banking and Finacle workflows.
  • Ensure solutions comply with bank policies, audit guidelines, regulatory requirements, and operational controls.
  • Perform root-cause analysis for recurring issues and propose long-term solutions.

Required Skills & Experience

Technical & Functional Skills

  • 2-4 years of experience as a Business Analyst within Banking or Financial Services.
  • Working experience with Finacle Core Banking modules such as CASA, Payments, Deposits, Loans, Fees / Expenses, Customer 360, etc.
  • Understanding of Finacle parameterisation, workflows, and integration points.
  • Ability to interpret Finacle screens, error logs, and backend functional behaviour.
  • Good understanding of retail banking products (savings, current accounts, term deposits, loans, credit workflows, fees / charges).
  • Familiarity with digital channels (mobile, online banking) and their interactions with core banking (good to have).
  • Proficiency in creating process flows using tools such as Visio, Draw.io, Lucidchart, etc.
  • Documentation & Analytical Skills

  • Strong capability in preparing BRDs, FSDs, user stories, and detailed functional documentation.
  • Ability to perform root-cause analysis, impact assessments, and requirement breakdowns.
  • Good understanding of data mapping, reconciliation, and transaction lifecycle.
  • Soft Skills

  • Excellent written and verbal communication skills.
  • Strong stakeholder coordination and requirement walkthrough facilitation.
  • Ability to work under pressure and handle multiple priorities.
  • Detail-oriented, proactive, and structured in approach.
  • Nice to Have

  • Exposure to UAT automation tools or test management systems (e.g., JIRA, HP ALM).
  • Understanding of regulatory guidelines (CBUAE), audit requirements, and operational risk frameworks.
  • Experience in API integrations, digital transformations, or middleware projects.
  • Knowledge of reporting tools or SQL (basic queries).
  • Why Join Us

  • Opportunity to grow within a core banking environment.
  • Work closely with senior stakeholders and Finacle subject matter experts.
  • Be part of key transformation initiatives in one of the leading banking ecosystems in the region
  • Skills Required

    API integrations, Finacle Core Banking, Retail banking products

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