Business Analyst

ACT21

1. Requirement Gathering

   : BAs gather and document business requirements by interacting with stakeholders including clients, users, and subject matter experts. They identify the needs of the business and translate them into detailed functional specifications.

2. Data Analysis

   : BAs analyze data to understand trends, patterns, and insights that can help improve business processes or decision-making. They may use statistical techniques, data visualization tools, and business intelligence software for this purpose.

3. Business Process Modeling

   : BAs model existing business processes using techniques such as flowcharts or business process diagrams. They identify inefficiencies or areas for improvement and propose solutions to streamline processes.

4. Stakeholder Management

   : BAs act as a liaison between business stakeholders and technical teams, ensuring clear communication and understanding of requirements.

5. Solution Design

   : BAs collaborate with solution architects and developers to design solutions that meet business requirements. They may create functional specifications, wireframes, or prototypes to communicate the proposed solution.

6. Documentation

   : BAs create documentation such as business requirement documents (BRDs), functional requirement documents (FRDs), use cases, user stories, and test plans. These documents serve as a reference for both business and technical teams throughout the project lifecycle.

7. Quality Assurance

   : BAs participate in quality assurance activities such as user acceptance testing (UAT) to ensure that the final solution meets the specified requirements and delivers business value.

   Key Requirements:-

   1.

   Experience

   : Minimum of four years of experience as a Business Analyst in the BFSI domain specifically Loan origination and collection services knowledge will be preferred. or would be added advantage.2.

   Client Interaction

   : Proficiency in client-facing interactions, with the ability to understand client needs and articulate requirements effectively.3.

   Business Requirement Elicitation

   : Demonstrated ability to elicit and document precise business requirements in a clear and concise manner.4.

   Collaboration

   : Capable of collaborating effectively with developers and fellow BAs to facilitate the execution of BA and development tasks.5.

   Communication Skills

   : Fluent in English communication, with the ability to articulate business requirements with clarity and precision.6.

   Interpersonal Skills

   : Polite demeanour and the ability to engage stakeholders in meaningful discussions to elaborate on business requirements.7. Technical Skills: - Basic to moderate knowledge of Java. - Proficiency in Microsoft Word and Excel. - Knowledge of any requirement and ticket management tools (Jira, ADO, Redmine, Agile One or similar).8. BTech+ MBA preferred along with knowledge of basic SQL and any programming language such as java or equivalent is preferred.
8. BFSI Experience is mandatory