Senior Business Analyst

Muthoot Fincorp; Tamil Nadu; On-site; INR 900,000 - 1,500,000; Full time

Job summary

Muthoot Fincorp is seeking a competent Business Analyst responsible for capturing and documenting business requirements, translating them into technical specifications, and driving improvements in operational effectiveness. You will collaborate with stakeholders, conduct data-driven analyses, and support testing to ensure solutions meet business needs.

The role involves organizing requirements, coordinating product readiness, and training staff, with a focus on delivering measurable improvements

Qualifications

• Bachelor's degree in engineering (BE/BTech) or related field.
• MBA preferred for analytics and business strategy.
• 5–13 years of experience in business analysis.

Responsibilities

• Determine project requirements from business standards and user interaction/research.
• Translate business requirements into technical requirements and models.
• Identify core business needs and prioritize essential modifications.
• Organize requirements into categories to manage time and budgets.
• Conduct data-driven analysis from market research and customer data.
• Support testing to ensure processes and applications deliver expected benefits.
• Document and communicate requirements with the development team.
• Coordinate readiness and product launch activities.
• Identify data needs for future analytic studies and reporting.
• Drive adoption of standard marketing processes and terminology.

Skills

Communication

Requirement management

Analytical thinking

Problem solving

Decision making

Documentation

Education

BE/BTech

MBA

Job description

The Business Analyst is responsible for a full range of activities which ensure the operational effectiveness and excellence of the business unit. The Business Analyst will design and document workflow and make appropriate recommendations that will positively impact operational effectiveness. The Business Analyst will track and analyse business unit trends and make appropriate recommendations that will positively impact the unit.

Areas of Responsibility

• Capabilities to determine a project’s requirements by extracting them from Business or industry standards as well as from current and future users through interaction and research.
• Anticipating requirements – Skills to anticipate requirements that are needed in the future or that have not yet been considered for Business to prosper.
• Should possess the capability to identify core business needs and not user’s personal preferences, functions related to trends or outdated processes or other nonessential modifications.
• Should have the capability to organize business requirements into related categories to effectively manage and communicate them resulting in optimum use of time and budgets.
• Capabilities to translate business requirements to technical requirements. Expertise in using powerful analysis and modelling tools to match strategic business objectives with practical technical solutions.
• Provides Training and Operational support to business units/ functional units. Should be a subject matter expert in a chosen area/ function.
• Conduct data-driven analysis based on primary and secondary market research and/or customer data.
• Adjust priorities according to changes in requirements and workload.
• Participate in testing to ensure processes/functionalities/ applications are delivering the benefits as promised in the business case.
• Document and communicate requirements with Development team.
• Coordinate operational readiness and product launch activities.
• Identify data requirements to be able to conduct future analytic studies in a timely and efficient manner given the needs that have arisen from previous studies.
• Drive adoption of common marketing processes and languages.
• Provide training to existing staff and demos as needed.
• Interface with clients and gain understanding of requirements/ processes through meetings and discussions.
• Execute functional tests and evaluate results to ensure accuracy and quality of complex system changes.
• Provide testing feedback to technology team and monitor adherence to functional requirements.
• Provide market research and customer/market analysis.
• Bring Tools and best practices followed in yours/previous organisations and provide required training on them to our staffs for the betterment of the Organisation.

Experience

• Educational Qualification: B.E/B.Tech, MBA
• Experience: 5 to 13 years

Skill Sets required

• Communication and Interpersonal Skills.
• Requirement Management & Understand Business Objective.
• Analytical and Critical Thinking.
• Problem-solving [Solutioning]
• Decision-Making Skills.
• Documentation