Business Analyst@BFSI -- Mumbai --- Immediate Joiners

Job Description: Business Analyst - BFSI

Snapwork Technologies a results-driven design, development and products company located mumbai & Navi Mumbai. From cutting edge mobile apps to high-end e-commerce websites, we plan, design, build and launch successful online businesses. Our teams work in an collaborative environment that promote best practices and personal growth.

We are seeking a highly motivated and detail-oriented Business Analyst to join our dynamic team. The ideal candidate will play a critical role in understanding client needs, defining business requirements, and collaborating with cross-functional teams to deliver technology solutions in the BFSI domain. If you are passionate about using technology to drive business growth and have a strong analytical mindset, we encourage you to apply.

Key Responsibilities:

1. Requirement Elaboration and Analysis:

• Closely working with business stakeholders to understand their needs, objectives, and challenges.
• Elicit, document, and analyze business requirements, processes, and workflows.
• Translate business requirements into clear and concise functional specifications for technical teams.

2. Solution Design:

• Collaborate with technology teams to design solutions that meet business needs.
• Innovative and practical solutions to address business challenges.
• Ensure that proposed solutions align with the strategic goals and technological capabilities.

3. Stakeholder Communication:

• Serve as a liaison between business stakeholders and technology teams.
• Communicate complex technical concepts to non-technical stakeholders.
• Present findings, recommendations, and project updates to various audiences.

4. Documentation:

• Create detailed documentation including business requirements, process flows, use cases, and user stories using tool.
• Maintain accurate and up-to-date project documentation throughout the project lifecycle.

5. Project Management:

• Collaborate with project managers to define project scope, objectives, and deliverables.
• Assist in project planning, estimation, and resource allocation.
• Monitor project progress and identify potential risks or deviations from the plan.

6. Quality Assurance:

• Participate in system testing, user acceptance testing, and validation of implemented solutions.
• Ensure that delivered solutions meet the specified requirements and are of high quality.

7. Process Improvement:

• Identify areas for process optimization and efficiency enhancement.
• Recommend process improvements and assist in their implementation.

Stay up-to-date with industry trends, regulations, and best practices in the BFSI sector.

8 Should have defined requirement for customer facing mobile/web applications in BFSI.

Qualifications:

• Bachelor's degree in Business Administration, Finance, IT, or related field. Master's degree is a plus.
• Proven experience as a Business Analyst in the BFSI sector, with a solid understanding of banking, financial, and insurance processes and regulations.
• Strong analytical skills and ability to work with complex data sets.
• Excellent communication, interpersonal, and presentation skills.
• Flair for end user experience experience of defining customer journeys for purchase and servicing of financial products.
• Proficiency in business analysis tools and techniques.
• Familiarity with project management methodologies (e.g., Agile, Scrum).
• Knowledge of relevant software tools and technologies Visio, Confluence, Jira, Microsoft Project etc