Why Join Iris
Are you ready to do the best work of your career at one of
India's Top 25 Best Workplaces in IT industry Do you want to grow in an award-winning culture that
truly values your talent and ambitionsJoin Iris Software one of the
fastest-growing IT services companies where
you own and shape your success story.
About Us
At Iris Software, our vision is to be our client's most trusted technology partner, and the first choice for the industry's top professionals to realize their full potential.
With over 4,300 associates across India, U.S.A, and Canada, we help our enterprise clients thrive with technology-enabled transformation across financial services, healthcare, transportation & logistics, and professional services.
Our work covers complex, mission-critical applications with the latest technologies, such as high-value complex Application & Product Engineering, Data & Analytics, Cloud, DevOps, Data & MLOps, Quality Engineering, and Business Automation.
Working with Us
At Iris, every role is more than a job it's a launchpad for growth.
Our Employee Value Proposition,
Build Your Future. Own Your Journey. reflects our belief that people thrive when they have ownership of their career and the right opportunities to shape it.
We foster a culture where your potential is valued, your voice matters, and your work creates real impact. With cutting-edge projects, personalized career development, continuous learning and mentorship, we support you to grow and become your best both personally and professionally.
Curious what it's like to work at Iris Head to this video for an inside look at the people, the passion, and the possibilities. Watch it here.
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 (e.g., financials) and qualitative (e.g., market news) triggers.
Translate complex credit risk trigger logic and business rules into clear, actionable, and detailed specifications (e.g., 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 (e.g., 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.
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.
Experience
Required Skills & 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.
Solid understanding of credit risk principles, financial products, and the entire credit lifecycle.
Solid understanding of financial statement analysis, credit modeling, and EWS methodologies (e.g., 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
Perks And Benefits For Irisians
Iris provides world-class benefits for a personalized employee experience. These benefits are designed to support financial, health and well-being needs of Irisians for a holistic professional and personal growth. Click here to view the benefits.
