Business Analyst

IDFC FIRST Bank; Mumbai; On-site; INR 500,000 - 800,000; Full time

Job summary

IDFC FIRST Bank is seeking a Business Analyst to work with data analysts, data scientists and partners to create technical and functional specifications for business requirements. The role focuses on ensuring solutions align with Data & Analytics outcomes and coordinating hand-offs with analytics teams.

The candidate will develop robust data strategies, support architectures, and apply analytical methods to enable systems to learn and improve outcomes. 2-5 years of experience is desirable.

Qualifications

• 2-5 years of relevant experience in business analysis or data analytics.
• Strong understanding of data and analytics concepts.
• Ability to translate business needs into technical specifications.

Responsibilities

• Develop a test strategy and test procedures to verify solution against design specs.
• Collaborate with Data Analysts, Data Scientists and vendors.
• Ensure alignment of solutions with business outcomes in Data & Analytics.

Skills

Data analysis

Analytical thinking

Stakeholders communication

Education

BSc / BTech / BCA

MSc / MTech / MCA

Job description

Job Purpose

Business Analyst works with the Data Analysts, Data Scientists and vendor partners to create technical and functional specifications for underlying business requirements.

Job Requirements

• Role/Job Title: Business Analyst
• Business: Data & Analytics
• Job Purpose: Business Analyst works with the Data Analysts, Data Scientists and vendor partners to create technical and functional specifications for underlying business requirements.

The Analyst ensures that the solutions provided for underlying business requirements are aligned to high-level business and Data & Analytics outcomes. The Analyst also co-ordinates and ensures complete understanding of business requirements and other hand-offs with business/Analytics team.

Roles & Responsibilities

Develop a test strategy and systematic test procedures to verify and ensure that solution meets its design specifications.

• Displays the ability to approach existing situations and problems in a new manner and creates innovative solutions
• Challenges the status quo to bring about continuous improvement in performance, drives changes that would have a positive impact on the organization
• Works to achieve goals and objectives and shows a strong drive to follow through and complete what was started.
• Solid understanding of data and fields required for analysis
• Has an innate orientation to be aware of how one contributes to the larger vision of the Bank
• Develop a robust and coherent data strategy and support architectures, policies, practices and procedures that enable the Bank to manage and utilise data in an effective manner.
• Develop, select and apply algorithms and advanced analytical methods to enable systems to learn, improve, adapt and produce desired outcomes or tasks

Key Success Metrics

• Analytical tools
• Business cases and data analysed

Education Qualification

Graduation: Bachelor of Science (B.Sc) / Bachelor of Technology (B.Tech) / Bachelor of Computer Applications (BCA)

Post-Graduation: Master of Science (M.Sc) /Master of Technology (M.Tech) / Master of Computer Applications (MCA)

Experience Range

2 to 5 years