Business Analyst

Regnology; Pune District; On-site; INR 800,000 - 1,500,000; Full time

Job summary

Regnology in Pune, India seeks a Business Analyst to join the RRH product development team. This techno-functional role analyzes international banking regulations and translates them into functional specs and software solutions.

You will work in an agile environment, perform data modelling, UAT, and maintain user guides, collaborating with product owners and global colleagues to deliver compliant regulatory reporting solutions.

Qualifications

• Experience: 4-7 years in a Bank, Financial Institution, or IT firm within banking domain focusing on regulatory frameworks and reporting standards.
• Education: Degree in Finance, Business, Information Technology, Mathematics, Economics or Chartered Accountants/ICWA preferred.
• Technical Skills: Proficiency with SQL for data analysis and reporting is highly valued.
• Technical Affinity: Familiarity with XML, XBRL, JSON, and MS Excel/Access would be a plus.
• Domain Knowledge: Expert knowledge of Banking Products, Financial Instruments, and Financial Markets.
• Accounting: Good understanding of Balance Sheets, P&L statements, and basic accounting concepts would be a plus.
• Risk Exposure: Knowledge of Market Risk, Counterparty Credit Risk, and Basel accords would be a plus.
• Excellent communication skills — able to engage and influence stakeholders across business, compliance, and technical teams.
• Excellent analytical, problem-solving, and documentation skills; able to translate complex regulations into practical solutions.
• Hands-on experience working within Agile (Scrum/Kanban) project environments using Jira and Confluence.

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 (User Acceptance Testing), 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 for data analysis

Regulatory reporting

Excellent communication

Analytical thinking

XML

XBRL

JSON

MS Excel/Access

Education

Finance/IT/Math/Economics degree

Tools

Jira

Confluence

Job description

At Regnology our greatest asset is our people. We value diversity and foster an inclusive environment that supports learning, safety, and growth. By investing in our team, listening to customers, and encouraging creativity, we drive continuous innovation and improvement.
We offer a flexible, innovative environment where your ideas matter and your career can thrive.
Regnology is a global leader in regulatory reporting, helping financial institutions, regulators, and tax authorities improve data quality, efficiency, and cost savings. Our mission: to safeguard financial markets through smarter, future-ready solutions.

What you’ll do

As a Business Analyst, you will be part of the agile development cycle for our Reg-Reporting Hub (RRH) product development center In Pune, India. This techno-functional role involves analyzing international banking regulations and translating them into functional specifications and software solutions. This entails:

• 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 (User Acceptance Testing), 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 banking domain focusing on regulatory frameworks and reporting standards.
• Education: Degree in Finance, Business, Information Technology, Mathematics, Economics or Charted Accountants/ICWA preferred.
• Technical Skills: Proficiency with SQL for data analysis and reporting is highly valued.
• Technical Affinity: Familiarity with XML, XBRL, JSON, and MS Excel/Access would be a plus.
• Domain Knowledge: Expert knowledge of Banking Products, Financial Instruments, and Financial Markets.
• Accounting: Good understanding of Balance Sheets, P&L statements, and basic accounting concepts would be a plus.
• Risk Exposure: Knowledge of Market Risk, Counterparty Credit Risk, and Basel accords would be a plus.
• Excellent communication skills — able to engage and influence stakeholders across business, compliance, and technical teams.
• Excellent analytical, problem-solving, and documentation skills; able to translate complex regulations into practical solutions.
• Hands-on experience working within Agile (Scrum/Kanban) project environments using tools such as Jira and Confluence.