Business Analyst - Lead
- Iris Software
- 3 - 5 years
- Noida, Gurugram
- 15 hours ago
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Job Description
Key Responsibilities:
- Business Analysis Requirement Management: Act as a lead liaison with business stakeholders (including Risk Partners) to meticulously elicit, analyze, and document comprehensive business requirements and user stories for credit risk initiatives
- Collaborate with Risk Managers to define Business Requirement Documents (BRD) and functional specifications for EWS and DP, covering both quantitative (eg, financials) and qualitative (eg, market news) triggers
- Translate complex credit risk trigger logic and business rules into clear, actionable, and detailed specifications (eg, BRDs, FRDs) for technical and development teams
- Collaborate to identify and define critical credit risk triggers, breaches, and monitoring parameters
- Credit Risk Regulatory Expertise: Actively analyze, enhance, and monitor applications designed for customer portfolio surveillance, tracking compliance, identifying potential risks, and escalating concerns to appropriate channels
- Monitor portfolio performance to proactively identify potential defaults and collaborate with upstream teams and operations to address or fix identified gaps
- Perform in-depth data analysis to identify trends in borrower behavior, cash flow, and covenant compliance
- Ensure all developed solutions and product features adhere strictly to Indian regulatory guidelines and audit mandates related to credit and lending
- Ensure all early warning systems comply with internal policies and regulatory guidelines (eg, Basel II/III/IV, IFRS 9)
- Product Development Enhancement: Partner with technology teams to design, test, and implement automated early warning systems, dashboards, and reporting tools
- Contribute to the successful development and enhancement of critical credit risk platforms from conceptualization to deployment
- Data Analysis Integrity: Work closely with business stakeholders to analyze data, identify gaps, define data requirements, and ensure data integrity for credit risk reporting, trigger analysis, and regulatory submissions
- Contribute to the development of robust reporting mechanisms and conduct thorough risk assessments to support informed decision-making and regulatory compliance
- Collaboration Testing: Liaise effectively between Credit Risk, Technology, Data Science, and Front Office teams to ensure seamless integration of risk monitoring tools
- Perform User Acceptance Testing (UAT) and post-production validation of system enhancements
Required Skills Experience:
Experience:
- 10+ years of proven experience as a Business Analyst within the financial services domain
- Demonstrable experience working on lending/credit products, specifically from a product development or enhancement perspective
- In-depth, hands-on experience and expertise with Early Warning Systems (EWS) and Drawing Power (DP) in a credit risk context
- Minimum 3-5 years of specific experience in Credit Risk Management, with a focus on portfolio monitoring, credit analysis, or risk analytics
- Experience working in an agile development environment
- Domain Knowledge: Solid understanding of credit risk principles, financial products, and the entire credit lifecycle
- Solid understanding of financial statement analysis, credit modeling, and EWS methodologies (eg, behavioral scoring)
- Mandatory: Comprehensive knowledge and practical application of Indian regulatory requirements and compliance standards for credit and lending
Mandatory Competencies
- BA - Business Analyst - Requirement Gathering
- BA - Business Analyst - Root Cause Analysis (RCA)
- BA - Business Knowledge
- BA - Client Interaction
- BA - Create Specifications / BRD/ FRD
- BA - Domain knowledge
- BA - Estimation and Project Execution
- BA - Excel, macros, pivots
- BA - Functional testing
- BA - Presentations and Reports
Job Classification
Industry: IT Services & ConsultingFunctional Area / Department: Data Science & AnalyticsRole Category: Business Intelligence & AnalyticsRole: Business AnalystEmployement Type: Full timeContact Details:
Company: Iris SoftwareLocation(s): Noida, Gurugram+ View Contact
Keyskills: business analyst data science compliance devops Functional testing business analysis agile user stories
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