Business Analyst - Wholesale & Risk

IDFC FIRST Bank; Mumbai; On-site; INR 6,00,000 - 12,00,000; Full time

Job summary

A leading financial institution in Mumbai is seeking a skilled Business Analyst to work with data teams and develop a robust data strategy. The ideal candidate will have a background in data analysis and innovative problem-solving skills, with 2 to 5 years of relevant experience. Responsibilities include developing test strategies and ensuring solutions meet design specifications. This role offers a great opportunity to contribute to the organization's vision.

Qualifications

• Graduation in B.Sc/B.Tech/BCA is required.
• Post-Graduation in M.Sc/M.Tech/MCA is preferred.
• 2 to 5 years of relevant work experience.

Responsibilities

• Develop a test strategy and procedures for solution verification.
• Create innovative solutions for existing problems.
• Drive continuous improvement and performance enhancements.
• Develop a robust data strategy for effective management and utilization.

Skills

Analytical skills

Data analysis

Problem-solving

Innovative thinking

Education

Bachelor of Science (B.Sc)

Bachelor of Technology (B.Tech)

Bachelor of Computer Applications (BCA)

Master of Science (M.Sc)

Master of Technology (M.Tech)

Master of Computer Applications (MCA)

Job description

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 coordinates and ensures complete understanding of business requirements and other hand-offs with business/Analytics team.

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