Lead Business Analyst

3 - 9 years

7 - 11 Lacs

Posted:1 day ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Job Description
Our job descriptions highlight key responsibilities, required skills, and growth opportunities, offering a clear path to success at incede.
Overview
incede Technologies Pvt. Ltd. is in need of a skilled Lead Business Analyst to join our dynamic team. The successful candidate will play a key role in collecting and documenting business requirements, preparing detailed Software Requirements Specifications (SRS), and ensuring the effective development of a software application customised for a Banking & Financial Services Organisations. The ideal candidate will have extensive knowledge of the Financial sector, a strong background in software development processes, and the ability to translate business requirements to the technical team for engineering appropriate software solutions.

Experience:

5+ years as Business Analyst
Key Responsibility Area

Requirement Elicitation:

Work closely with stakeholders to understand, document, and analyse business processes, requirements, and objectives for the Banking & Financial software application.

SRS Preparation:

Create detailed Software Requirements Specifications (SRS) that outline functional and non-functional requirements, use cases, user stories, and acceptance criteria.

Domain Expertise:

Utilize your expertise in the Banking & Financial sector to offer insights and ensure that the software application adheres to industry standards and regulatory requirements.

Stakeholder Management:

Serve as the main point of contact between business stakeholders and the development team, ensuring clear and effective communication and understanding of requirements.

Process Modelling:

Develop process flow diagrams, data flow diagrams, and other visual representations of business processes to enhance the understanding of system requirements.

Gap Analysis:

Identify discrepancies between existing processes and the proposed solution, and suggest strategies to address these gaps.

Documentation & Reporting:

Generate detailed documentation and reports for project stakeholders to ensure transparency and alignment throughout the project lifecycle.

Quality Assurance Support:

Work closely with the QA team to develop test cases and ensure that the developed software aligns with the specified requirements.

Project Management Support:

Support project planning, timelines, and resource allocation for business analysis activities.

User Acceptance Testing (UAT):

Oversee and coordinate UAT to ensure solutions meet business requirements and are ready for deployment.

Preferred Exposure in:

Agile, Scrum, and DevOps best practices.
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Qualifications

Education:

Bachelor s degree in Business Administration, Finance, Computer Science, or a related field. A Master s degree or professional certification (CBAP, PMP, etc.) is a plus.

Experience:

Minimum of 5+ years of experience as a Business Analyst, with at least 3 years in the NBFC or financial services domain.

Technical Skills:

Proficiency in requirement gathering tools, process modelling software (e.g., Visio, Lucidchart), and familiarity with software development methodologies (Agile, Waterfall).

Domain Knowledge:

Strong understanding of Banking & Financial operations, regulatory requirements, and best practices.

Communication Skills:

Excellent verbal and written communication skills, with the ability to convey complex technical concepts to non-technical stakeholders.

Analytical Skills:

Strong problem-solving skills, with the ability to perform detailed analysis and make informed recommendations.

Attention to Detail:

High level of accuracy and attention to detail in documentation and requirement analysis.

Interpersonal Skills:

Ability to work collaboratively with cross-functional teams and manage stakeholder expectations.

Preferred Qualifications:

  1. Experience in developing or implementing software applications for Banking & Financial sectors.
  2. Familiarity with software development lifecycle (SDLC) and project management tools (e.g., Jira, Trello).
  3. Knowledge of regulatory compliance and risk management within the financial services industry.
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