About Persistent

We are an AI-led, platform-driven Digital Engineering and Enterprise Modernization partner, combining deep technical expertise and industry experience to help our clients anticipate what's next. Our offerings and proven solutions create a unique competitive advantage for our clients by giving them the power to see beyond and rise above. We work with many industry-leading organizations across the world, including 20 Fortune 50 companies and 4 of the 5 top banks in both the US and India, and numerous innovators across the healthcare ecosystem.

Our disruptor's mindset, commitment to client success, and agility to thrive in the dynamic environment have enabled us to sustain our growth momentum. Persistent has been recognized across top industry platforms for innovation, leadership, and inclusion. We reported $1,654.4M FY26 revenue with 17.4% Y-o-Y growth. We have delivered 24 sequential quarters of growth with $436.0M in Q4 FY26 revenue, up 3.2% Q-o-Q and 16.2% Y-o-Y growth. Our 27,500+ global team members, located in 18 countries, have been instrumental in helping the market leaders transform their industries. We have been recognized as the Fastest Growing IT Services Brand Globally in the 2026 Brand Finance IT Services 25 Report. We named a Leader in the Everest Group Private Equity (PE) Services PEAK Matrix® Assessment 2026 and Software Product Engineering PEAK Matrix® Assessment 2026.

About Position

We are seeking an experienced Reconciliation Business Analyst (BA) to join our team in Pune. The ideal candidate will have deep domain expertise in banking reconciliations, hands-on experience with reconciliation platforms (such as Duco, SmartStream TLM, or Intellimatch), and a proven track record of successfully delivering migration initiatives within investment banking or financial services environments. As a Reconciliation BA, you will play a critical role in migrating cash reconciliations from legacy platforms to a strategic reconciliation solution. You will work closely with Operations, IT, Finance, vendors, and program stakeholders to ensure accurate configuration, seamless migration execution, robust testing, and production-ready documentation. This role demands strong analytical capability, detailed understanding of reconciliation logic, and the ability to translate complex legacy processes into scalable, future-ready solutions.

Role: Reconciliation BA
Location: Pune
Experience: 10 to 15 Years
Job Type: Full Time Employment

What You'll Do

The Reconciliation Migration Specialist will be responsible for migrating banking cash reconciliations from a legacy platform to the strategic reconciliation solution.
The role will cover reconciliation development/configuration, migration execution, test support, defect resolution, and production grade technical documentation, working closely with Operations, IT, vendors, and programmed stakeholders.
Proven experience delivering reconciliation migrations within an investment banking or financial services environment.
Handson delivery experience with reconciliation platforms such as Intellimatch, SmartStream TLM, or equivalent.
Demonstrable background migrating banking cash reconciliations from legacy or decommissioned platforms.
Experience across the full delivery lifecycle: migration design, build, testing support, defect resolution, and handover to BAU/support teams.
Strong exposure to back-office operations, including cash movement, nostro accounts, and settlement processes.
Experience working in IT change or delivery teams in partnership with Operations and Finance stakeholders.

Expertise You'll Bring

Strong hands-on knowledge of reconciliation, configuration and development, including
Data source and ingestion
Matching rules and logic
Break identification and aging
Except workflows
Ability to translate legacy reconciliation logic into a new target platform.
Strong understanding of banking cash data, including statements, transactions, balances, and adjustments.
Experience supporting
System Integration Testing (SIT)
User Acceptance Testing (UAT)
Parallel run and migration validation
Proven ability to investigate and resolve reconciliation defects, including data, logic, and configuration issues.
Ability to produce high quality technical documentation, including:
Migration approach and assumptions
Reconciliation design and rules
Data mappings
Testing evidence and defect logs
Comfortable working with SQL, file-based feeds, and structured data formats (e.g., CSV, XML).

Benefits

Competitive salary and benefits package
Culture focused on talent development with quarterly growth opportunities and company-sponsored higher education and certifications
Opportunity to work with cutting-edge technologies
Employee engagement initiatives such as project parties, flexible work hours, and Long Service awards
Annual health check-ups
Insurance coverage: group term life, personal accident, and Mediclaim hospitalization for self, spouse, two children, and parents

Values-Driven, People-Centric & Inclusive Work Environment

Persistent Ltd. is dedicated to fostering diversity and inclusion in the workplace. We invite applications from all qualified individuals, including those with disabilities, and regardless of gender or gender preference. We welcome diverse candidates from all backgrounds.

We support hybrid work and flexible hours to fit diverse lifestyles.
Our office is accessibility-friendly, with ergonomic setups and assistive technologies to support employees with physical disabilities.
If you are a person with disabilities and have specific requirements, please inform us during the application process or at any time during your employment

Lets unleash your full potential at Persistent

Persistent is an Equal Opportunity Employer and prohibits discrimination and harassment of any kind.

Business Analyst-Business Analyst,SQL,XML