Senior Business Analyst_BFSI

Benchmarkit; Pune District; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Benchmark IT Solutions India Pvt Ltd in Pune is seeking a Senior Business Analyst with strong BFSI domain expertise to join our Solution & Quality CoE. You will own requirements from elicitation to UAT, collaborating with Product, Business, Development and QA teams.

The role requires 6+ years total experience with 4+ years in BA and 3+ years BFSI domain experience, plus proficiency in Agile/Scrum, SQL, REST APIs, and wireframing tools. On-site Pune position with growth opportunities.

Qualifications

• 6+ years total experience with 4+ years of core Business Analyst experience.
• 3+ years of mandatory BFSI domain experience.
• Strong understanding of Agile/Scrum and tools such as Jira or Azure DevOps.
• Intermediate SQL knowledge including joins, aggregations, and subqueries.
• Understanding of REST/JSON APIs, Postman, and Swagger/OpenAPI.
• Experience with Figma or Balsamiq for wireframing.
• Experience with UAT, test scenario reviews, RTM, and defect management.
• Strong stakeholder management and communication skills.

Responsibilities

• Elicit, analyse, validate, and document business requirements through stakeholder workshops and discussions.
• Prepare BRDs, FRDs/FSDs, user stories, acceptance criteria, use cases, and functional requirements.
• Create as-is and to-be process flows using BPMN/UML and tools like Visio or Lucidchart.
• Perform impact analysis and effort estimation for change requests.
• Work with Product, Business, Development, and QA teams through the delivery lifecycle.
• Support backlog grooming, prioritisation, sprint planning, and Agile ceremonies.
• Own requirements traceability (RTM) and support UAT planning, execution, and defect triage.
• Lead client-facing workshops and manage stakeholder expectations and escalations.
• Identify regulatory and compliance implications within BFSI domain.
• Contribute to product enhancements, pre-sales, RFP responses, and solution documentation.

Skills

BFSI domain knowledge

Agile/Scrum

Jira

Azure DevOps

SQL

REST/JSON APIs

Postman

Swagger/OpenAPI

Figma/Balsamiq

Stakeholder management

UAT & defect management

Tools

Jira

Azure DevOps

Postman

Swagger/OpenAPI

Figma

Balsamiq

Job description

Benchmark IT Solutions India Pvt Ltd | Full time

Since our establishment in 2005, we have been focused on helping our clients build their Software Products/Projects.

Our founders had software development engineering background, our focus has always been in having strong delivery capability. This has resulted in extremely happy clients from day one and we continue to be the preferred partner for the clients we have acquired in our first year.

As we continued our journey and growth, we have expanded our team with different technology stacks and right technical solutions. Our 200+ people team continues to pleasantly surprise our clients across different technologies.

Job Description

Senior Business Analyst – BFSI

Location: Pune

Experience: 6+ years

Employment Type: Full-time

Department: Solution & Quality CoE

Job Summary

We are looking for an experienced Senior Business Analyst with strong BFSI domain expertise to join our Solution & Quality CoE. The ideal candidate should have strong experience in business requirements, process analysis, Agile delivery, stakeholder management, and end-to-end requirement ownership.

The candidate should have minimum 3 years of BFSI experience and demonstrated experience independently managing requirements through the complete delivery lifecycle, from elicitation to UAT sign-off.

Key Responsibilities

• Elicit, analyse, validate, and document business requirements through stakeholder workshops and discussions.
  
• Prepare BRDs, FRDs/FSDs, user stories, acceptance criteria, use cases, and functional requirements.
  
• Create as-is and to-be process flows using BPMN/UML and tools such as Visio, Lucidchart, or draw.io.
  
• Perform impact analysis and effort estimation for change requests.
  
• Work closely with Product, Business, Development, and QA teams throughout the delivery lifecycle.
  
• Support backlog grooming, prioritisation, sprint planning, and other Agile/Scrum ceremonies.
  
• Own requirements traceability (RTM) and support UAT planning, execution, and defect triage.
  
• Lead client-facing workshops and independently manage stakeholder expectations and escalations.
  
• Identify regulatory and compliance implications within the relevant BFSI domain.
  
• Contribute to product enhancements, continuous improvement, pre-sales, RFP responses, and solution documentation.
  
• Support standardisation of BA processes, documentation, templates, and best practices.
  

Requirements

Required Skills

• 6+ years of total experience with 4+ years of core Business Analyst experience.
  
• 3+ years of mandatory BFSI domain experience.
  
• Strong understanding of Agile/Scrum and tools such as Jira or Azure DevOps.
  
• Intermediate SQL knowledge including joins, aggregations, and subqueries.
  
• Understanding of REST/JSON APIs, Postman, and Swagger/OpenAPI.
  
• Experience with Figma or Balsamiq for wireframing.
  
• Experience with UAT, test scenario reviews, RTM, and defect management.
  
• Strong stakeholder management and communication skills.
  

Good to Have

Exposure to BFSI standards and platforms such as:

• ISO 20022, SWIFT MT/MX, UPI, IMPS, NACH, NEFT/RTGS, FIX, or ACORD
  
• KYC/AML, PCI-DSS, DPDP Act/GDPR, and relevant RBI/SEBI/IRDAI regulations
  
• Power BI or Tableau
  
• Core banking, payment switches, policy administration, or order management systems
  
• Certifications such as CBAP/CCBA, CSPO, PSM-I, PSPO-I, NISM, NCFM, IRDAI, CDCS, or CAMS.