What are the responsibilities and job description for the Business Analyst position at Virtusa?
Business Analyst - Banking Domain
Location: US Office - New York
Years of Experience: 5-7 Years
Job Summary: We are seeking a highly skilled Business Analyst with strong experience in the banking domain. The ideal candidate will possess an in-depth understanding of banking products, operations, and workflows, along with a proven track record in requirements management, process modeling, and data analysis. This role requires a detail-oriented professional who can effectively collaborate with stakeholders to drive business solutions.
Responsibilities
Location: US Office - New York
Years of Experience: 5-7 Years
Job Summary: We are seeking a highly skilled Business Analyst with strong experience in the banking domain. The ideal candidate will possess an in-depth understanding of banking products, operations, and workflows, along with a proven track record in requirements management, process modeling, and data analysis. This role requires a detail-oriented professional who can effectively collaborate with stakeholders to drive business solutions.
Responsibilities
- Gather, analyze, and document business requirements from stakeholders.
- Model and optimize business processes to enhance operational efficiency.
- Conduct data analysis to support decision-making and strategic initiatives.
- Collaborate with IT teams to ensure alignment of business needs with technology solutions.
- Maintain comprehensive documentation using tools such as JIRA, Confluence, and MS Visio.
- Ensure compliance with regulatory frameworks including KYC, AML, and data privacy.
- Provide insights on core banking systems, payment systems, and digital banking platforms.
- Strong experience as a Business Analyst in the banking domain.
- In-depth understanding of banking products, operations, and workflows.
- Proficient in requirements management, process modeling, and data analysis.
- Familiarity with regulatory frameworks (KYC, AML, data privacy).
- Proficient in documentation tools (JIRA, Confluence, MS Visio, Excel).
- Experience in BFS-Capital Markets is a deal breaker.
- Knowledge of core banking systems, payment systems, or digital banking platforms.
- Bachelor's degree in Business Administration, Finance, or a related field.
- 5-7 years of experience as a Business Analyst in the banking sector.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.