Junior Business Analyst - Payments Focus

1 - 3 years

3 - 5 Lacs

Posted:1 week ago| Platform: Naukri logo

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Work Mode

Remote

Job Type

Full Time

Job Description

The Opportunity

proactive and highly communicative Junior Business Analyst

Key Responsibilities

As a Junior Business Analyst, you will be instrumental in supporting the development and optimization of our payment processing systems. Your main duties will include:

1. Requirements Management & Documentation

  • Elicitation:

    Collaborate with stakeholders (e.g., Product Managers, Engineering, Operations, Compliance) to gather, analyze, and document business requirements, user stories, and acceptance criteria for payment-related projects.
  • Artifact Creation:

    Create and maintain comprehensive documentation, including Business Requirements Documents (BRDs), Functional Specification Documents (FSDs), process flow diagrams, and Standard Operating Procedures (SOPs).
  • Payments Expertise:

    Utilize your existing knowledge of payment methods, systems (e.g., acquiring, issuing, card schemes, ACH/SEPA, fraud), and industry standards to inform requirement discussions.

2. Communication & Stakeholder Alignment

  • Exceptional Communication:

    Act as the primary liaison between business teams and technical delivery teams, translating complex technical concepts into clear, concise business language and vice-versa.
  • Proactive Follow-up:

    Proactively communicate status updates, potential roadblocks, and risks to stakeholders, ensuring everyone is aligned and informed throughout the project lifecycle.
  • Facilitation:

    Lead and facilitate productive requirement gathering workshops, review meetings, and sign-offs.

3. Analysis & Problem Solving

  • Process Mapping:

    Analyze and document current 'As-Is' payment processes and design efficient 'To-Be' future-state processes.
  • Data Analysis:

    Support the team in analyzing payment transaction data to identify trends, issues, and opportunities for optimization.
  • Quality Assurance Support:

    Collaborate with QA teams to develop test plans and validate that the final product meets the defined business requirements and payment industry standards.

Qualifications

Required Skills & Experience

  • Experience:

    1-2 years of proven experience as a Business Analyst, Associate BA, or a similar role.
  • Industry Knowledge:

    Demonstrable experience working within the payments industry

    (e.g., at a FinTech, Bank, PSP/Acquirer, or E-commerce platform), showing familiarity with transaction lifecycles, payment methods, or regulatory aspects.
  • Communication:

    Exceptional verbal and written communication skills

    are non-negotiable, with the ability to articulate complex ideas clearly and persuasively across all organizational levels.
  • Proactivity:

    A

    self-starter with a proactive mindset

    , strong work ethic, and a demonstrated ability to take ownership of tasks and drive them to completion with minimal supervision.
  • Technical Aptitude:

    Familiarity with project methodologies (e.g., Agile, Scrum) and common BA tools (e.g., JIRA, Confluence, Microsoft Visio/Lucidchart).

Desired Attributes (Nice-to-Have)

  • Experience with SQL or basic data querying.
  • Relevant certifications (e.g., ECBA, CBAP, PSPO).
  • Understanding of APIs and system integration concepts.

Why Join Our Team?

  • Competitive salary and comprehensive benefits package.
  • Opportunity to work on cutting-edge payment technology.
  • A collaborative culture that values professional growth and continuous learning.
  • A clear career path to mid-level and senior Business Analyst roles

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