Business Analyst

Friar Service India Private Limited; Pune District; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Friar Service India Private Limited in Pune seeks a regulatory analytics specialist with 4–7 years in banking/regulatory domains to translate complex regulations into functional specs and data models. You will use SQL for data analysis, implement decision tables, and create test data for UAT and regression testing, while collaborating with Product Owners and SMEs.

Strong communication, knowledge of Basel, risk, and financial instruments, and experience with XML/XBRL/JSON are valuable; experience

Qualifications

• 4-7 years of experience in a Bank, Financial Institution, or IT firm within the banking domain focusing on regulatory frameworks and reporting standards.

Responsibilities

• Analyze regulations and business/client requirements from national and international banking authorities.
• Translate regulations into functional specifications including Data Gap Analysis, Data Modelling & Mapping, and Business/Validation rules.
• Perform functional implementations using SQL, e.g., on decision tables or allocation rules.
• Create and validate functional scenarios & test data, conduct UAT and perform regression testing.
• Develop a clear understanding of product roadmaps through interaction with Product Owners and Subject Matter Experts.
• Maintain detailed end-user documentation and internal technical‑functional guides.
• Provide support for customer projects and resolve functional tickets.
• Join a dynamic team and collaborate with national and international colleagues at all levels and skills within the organization.

Skills

SQL

Data analysis

Communication

Analytical

Problem solving

Agile (Scrum/Kanban)

Jira

Confluence

Education

Finance degree

Business degree

Information Technology degree

Mathematics

Economics

CA/ICWA preferred

Tools

XML

XBRL

JSON

Excel/Access

Job description

What you’ll do

• Analyze regulations and business/client requirements from national and international banking authorities.
• Translate regulations into functional specifications including Data Gap Analysis, Data Modelling & Mapping, and Business/Validation rules.
• Perform functional implementations using SQL, e.g., on decision tables or allocation rules.
• Create and validate functional scenarios & test data, conduct UAT and perform regression testing.
• Develop a clear understanding of product roadmaps through interaction with Product Owners and Subject Matter Experts.
• Maintain detailed end-user documentation and internal technical‑functional guides.
• Provide support for customer projects and resolve functional tickets.
• Join a dynamic team and collaborate with national and international colleagues at all levels and skills within the organization.

Why we should decide on you

Experience: 4-7 years in a Bank, Financial Institution, or IT firm within the banking domain focusing on regulatory frameworks and reporting standards.

Education: Degree in Finance, Business, Information Technology, Mathematics, Economics or Chartered Accountants/ICWA preferred.

1. Technical Skills: Proficiency with SQL for data analysis and reporting is highly valued.
2. Technical Affinity: Familiarity with XML, XBRL, JSON, and MS Excel/Access would be a plus.
3. Domain Knowledge: Expert knowledge of Banking Products, Financial Instruments, and Financial Markets.
4. Accounting: Good understanding of Balance Sheets, P&L statements, and basic accounting concepts would be a plus.
5. Risk Exposure: Knowledge of Market Risk, Counterparty Credit Risk, and Basel accords would be a plus.
6. Excellent communication skills — able to engage and influence stakeholders across business, compliance, and technical teams.
7. Excellent analytical, problem‑solving, and documentation skills; able to translate complex regulations into practical solutions.
8. Hands‑on experience working within Agile (Scrum/Kanban) project environments using tools such as Jira and Confluence.