Business Analyst Banking

Experience: 2–5 years

Location: Mumbai

Role Overview

As a Business Analyst – Banking at Infomatics, you will work closely with clients, product teams, developers, QA, and implementation specialists to analyze banking workflows, define solution requirements, and support delivery of high-quality BFSI products and projects. You will play a key role in ensuring solutions are practical, compliant, scalable, and aligned with client expectations.

Key Responsibilities

• Engage with banking clients and internal stakeholders to understand business objectives, operational challenges, and solution requirements.
• Conduct requirement-gathering sessions, workshops, demos, and stakeholder interviews.
• Analyze existing banking processes and identify gaps, improvement opportunities, and automation potential.
• Prepare clear business requirement documents (BRDs), functional specification documents (FSDs), user stories, process flows, use cases, data mappings, and workflow diagrams.
• Translate business requirements into detailed functional requirements for development and implementation teams.
• Collaborate with product managers, architects, developers, QA teams, and implementation consultants throughout the project lifecycle.
• Support solution design discussions and validate proposed functionality against client requirements.
• Maintain requirements traceability and ensure approved changes are documented and communicated.
• Support UAT planning, test-case review, defect triage, and user acceptance activities.
• Assist in preparing client demos, presentations, training material, and implementation documentation.
• Understand banking products, operations, regulatory requirements, and customer journeys to provide meaningful domain inputs.
• Monitor project progress, highlight risks or dependencies, and support timely resolution of business-related issues.

Required Skills & Experience

• 2–5 years of experience as a Business Analyst, preferably in BFSI.
• Prior hands-on experience working on banking projects is mandatory.
• Strong understanding of common banking terminologies, products, and processes.
• Excellent verbal and written communication skills, with the ability to interact confidently with clients and internal teams.
• Strong analytical, problem-solving, and structured documentation skills.
• Ability to understand complex workflows and convert them into clear functional requirements.
• Experience in requirements elicitation, gap analysis, process mapping, and stakeholder management.