Full Time

Senior Business Analyst

IDFC FIRST Bank
Full-time
Banking
Chennai, Tamil Nadu, India
₹9,00,000 - ₹13,50,000* / year

Job Description

Job Requirements

Technical Business Analyst

Function / Department: Information Technology

Job Purpose:

The Business Analyst will work closely with Business, Technology, Product, Operations, and Project teams to understand, analyze, and document business requirements for banking applications and initiatives.

Roles & Responsibilities

  • Evaluate business processes, identify gaps, and recommend process improvements.
  • Gather, analyze, and document business requirements from various stakeholders.
  • Create BRDs, FRDs, User Stories, Use Cases, and Process Flows.
  • Conduct requirement workshops and stakeholder discussions.
  • Collaborate with Product Managers, Architects, Developers, QA teams, and Business Users.
  • Translate business requirements into functional specifications for technical teams.
  • Participate in UAT planning, execution, defect tracking, and sign-off processes.
  • Analyze and document API and system integration requirements, including request/response mappings, validation rules, error scenarios, and callback flows.
  • Work with external/internal systems to understand integration requirements and dependencies.
  • Define functional requirements covering retry, fallback, status management, reconciliation, and exception handling.
  • Understand high-volume transaction workflows and capture relevant non-functional requirements such as SLA, latency, availability, and scalability.
  • Work closely with engineering and architecture teams to ensure requirements are technically implementable and testable.

Technical Skills

  • SQL and data analysis skills.
  • Experience with JIRA, Confluence, Visio, or similar tools.
  • Knowledge of Agile/Scrum methodology.
  • Understanding of API integrations and system interfaces.
  • Strong documentation and process mapping skills.

Experience: 5-10 Years of relevant experience as a Business Analyst with Banking Domain exposure

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