Senior Business Analyst

Intellect Design Arena Ltd; Chennai District; On-site; INR 1,800,000 - 3,400,000; Full time

Job summary

Intellect Design Arena Ltd in Chennai seeks an experienced Business Analyst / SME for Core Banking to translate complex banking requirements into functional specifications and collaborate with product, technology, presales, and client teams.

The role requires deep Core Banking knowledge, strong stakeholder management, and the ability to document BRDs, FRDs, user stories, and process flows, supporting UAT and solutioning throughout the project lifecycle.

Qualifications

• 7–13 years of experience in Business Analysis, Functional Consulting or Core Banking.
• Strong understanding of Core Banking products, processes, and workflows.
• MBA/PGDM is mandatory.
• Excellent communication and stakeholder management.
• Experience with BRDs, FRDs, and user stories.
• Experience in Agile / Scrum is an advantage.

Responsibilities

• Understand and analyze Core Banking processes, products and functionalities.
• Gather, analyze, and document business requirements from clients.
• Translate requirements into functional specifications and user stories.
• Collaborate with Product, Engineering, QA, Implementation and Presales teams.
• Provide domain guidance throughout the project lifecycle.
• Support UAT and functional testing, issue analysis, and resolution.
• Act as SME for Core Banking and stay updated on industry trends.

Skills

Core Banking

Banking Domain

Business Analysis

Functional Consulting

Stakeholder Management

Documentation

Agile / Scrum

Client Interaction

Education

MBA / PGDM

Job description

Business Analyst / Subject Matter Expert – Core Banking

Location: Chennai(Work From Office)

Experience: 7–13 Years

Employment Type: Full-Time

Role Overview

We are looking for an experienced Business Analyst / Subject Matter Expert (SME) – Core Banking to join our team in Chennai. The ideal candidate will have strong functional expertise in Core Banking, with the ability to understand complex banking processes, translate business requirements into functional specifications, and work closely with product, technology, presales, and client-facing teams.

The role requires a combination of banking domain knowledge, business analysis capabilities, stakeholder management, and functional consulting expertise.

Key Responsibilities

• Understand and analyze Core Banking business processes, products, and functionalities.
• Gather, analyze, and document business requirements from clients and stakeholders.
• Translate business requirements into detailed functional requirements and specifications.
• Work closely with Product, Engineering, QA, Implementation, and Presales teams.
• Provide functional expertise and domain guidance throughout the product/project lifecycle.
• Analyze existing banking processes and identify opportunities for process improvement and digital transformation.
• Prepare BRDs, FRDs, user stories, process flows, functional specifications, and other business documentation.
• Participate in client discussions, requirement workshops, solution discussions, and product demonstrations.
• Support solutioning by providing functional inputs based on Core Banking requirements.
• Identify gaps between business requirements and existing product capabilities and recommend suitable solutions.
• Collaborate with technical teams to ensure accurate interpretation and implementation of business requirements.
• Support UAT activities, functional testing, issue analysis, and resolution.
• Act as a Subject Matter Expert for Core Banking functionalities and provide guidance to internal and external stakeholders.
• Stay updated on evolving banking processes, industry practices, regulations, and digital banking trends.

Required Skills

• 7–13 years of relevant experience in Business Analysis / Functional Consulting / Core Banking / Banking Domain.
• Strong hands-on experience in Core Banking domain.
• MBA / PGDM qualifications is Mandatory.
• Excellent understanding of banking products, processes, and workflows.
• Strong requirement gathering and business analysis skills.
• Ability to create functional and business documentation.
• Strong analytical and problem-solving abilities.
• Excellent communication and stakeholder management skills.
• Experience working with cross-functional teams.
• Ability to interact with business users, clients, product teams, and technology teams.
• Strong presentation and client-facing skills.
• Experience in Agile / Scrum methodologies will be an advantage.

Preferred Profile

• Candidates from Core Banking product companies, banking technology organizations, fintech companies, or banks are preferred.
• Experience working on large-scale banking transformation or Core Banking implementation projects will be an added advantage.
• Candidates with experience in functional consulting, solutioning, product consulting, or presales support will be preferred.