Business Analysis skills:
- Functional expertise and proven competencies in the Lending domain is a must, particularly in the Wholesale and Commercial Finance. Exposure in Auto Servicing (Loan/Lease) for banks/captive finances coupled with good analytical skills is an added advantage
- Knowledge of Corporate Lending, Commercial loan/lease originations, credit, pricing, loan servicing, collections and accounting with expertise in at least one of the areas
- Proficient in understanding process/product requirements and converting those into functional requirements/specifications while ensuring they are in line with the business objectives
- Strong communication skills and strong client facing skills
- Adept in conducting Gap Analysis with client requirements and legacy product to ensure that the proposed model is supported by the system
- Extensively document user stories
- Proficiency to adapt agile methodologies and processes: Effectively co-ordinate with cross-functional/cross located agile teams
- Carry out feasibility studies and coordinate with technical teams to complete acceptance criteria and provide support to develop/enhance the product
- Work in collaboration with the QA (Quality Assurance) team to review all test scenarios and test cases to ensure maximum coverage of business functionality
- Prepare and communicate periodic reports detailing Team's progress on the work assigned. Proactively highlight any foreseen risk with respect to the deliverables
- Provide business requirement specifications walk-through to project stakeholders and conduct turn-over sessions with business users
- Makes recommendations to improve business processes and provide financial or operational business related analysis and research to support business goals
- Assisting junior/other business analysts in functional and product knowledge and providing domain-related expertise to Delivery Teams
- Uses regulatory norms and business processes as guidelines to arrive at the solution while ensuring process adherence
- Keeping oneself in regular touch with new / changing trends in Auto Finance Industry
Product and IT related experience:
- Experience of requirement gathering, solution, design and implementation of any leasing or lending product (LoanPath, Finnone, Finacle , InfoLease, Odessa, LeaseWave, FLEXCUBE, etc.)
- Ability to understand and provide solutions for data migration and integration
- Good working knowledge of SQL (queries)
- Fundamental understanding of database design concepts
- Oversight of the change-management process (data conversion, user training, integration…)
- Own and execute configurations in line with business requirements
- Implementation and reconciliation support to business users and stakeholders
- Total Experience Expected: 04-06 years
Qualifications
- B.Com / B. Tech/ B. E./ + MBA (Finance) with 3-7 years experience.
- Bachelor's degree in Accounting, Finance, Statistics, or Economics with a Master's in Business Administration or a similar field would be preferred.
- Customer facing skills and stakeholder management experience are key attributes of the role.
