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16 Weeks ago

Business Analyst

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600000 - 600000 INR - Annual
Hyderabad, India
Information Technology
Full-Time
Redian Software

Overview

Job Information

    Date Opened

    20/12/2024

    Job Type

    Full time

    Work Experience

    3-5 years

    Industry

    IT Services

    Salary

    INR 600000

    City

    Gurgaon Kty.

    Province

    Delhi

    Country

    India

    Postal Code

    122001

Job Description

Job Description:


1. Gathering and documenting business requirements: Work closely with stakeholders to understand their needs and translate them into clear and concise requirements. This involves conducting interviews, workshops, and analyzing existing documentation.


2. Conducting feasibility studies: Assesses the viability and potential impact of proposed solutions. This involves analyzing the costs, benefits, and risks of implementing a particular solution, as well as evaluating the organization's current capabilities.


3. Analyzing business processes: Examines existing processes to identify inefficiencies, bottlenecks, and areas for improvement. They may use various techniques such as process mapping, data analysis, and stakeholder interviews to gain insights into how the organization operates.


4. Developing business cases: Based on the analysis, create business cases that outline the benefits, costs, and risks associated with proposed solutions. These business cases help stakeholders make informed decisions about potential projects or initiatives.


5. Collaborating with stakeholders: Work closely with stakeholders, including business users, IT teams, project managers, and executives. Facilitate communication, bridge the gap between technical and business teams, and ensure that everyone is aligned towards achieving the desired outcomes.


6. Supporting project implementation: Assist in the implementation of approved solutions by providing guidance and support to the development team. May also participate in testing, training, and documentation activities to ensure successful implementation.


7. Documentation: Prepare the project proposals, data flow diagrams, wireframes and required documents to close the deals.


8. Domain Expertise: Preferred candidates have experience in Banking, finance and Insurance domains with deep knowledge of Loan Origination and Loan Management Systems.


Requirements

Job Description:


1. Gathering and documenting business requirements: Work closely with stakeholders to understand their needs and translate them into clear and concise requirements. This involves conducting interviews, workshops, and analyzing existing documentation.


2. Conducting feasibility studies: Assesses the viability and potential impact of proposed solutions. This involves analyzing the costs, benefits, and risks of implementing a particular solution, as well as evaluating the organization's current capabilities.


3. Analyzing business processes: Examines existing processes to identify inefficiencies, bottlenecks, and areas for improvement. They may use various techniques such as process mapping, data analysis, and stakeholder interviews to gain insights into how the organization operates.


4. Developing business cases: Based on the analysis, create business cases that outline the benefits, costs, and risks associated with proposed solutions. These business cases help stakeholders make informed decisions about potential projects or initiatives.


5. Collaborating with stakeholders: Work closely with stakeholders, including business users, IT teams, project managers, and executives. Facilitate communication, bridge the gap between technical and business teams, and ensure that everyone is aligned towards achieving the desired outcomes.


6. Supporting project implementation: Assist in the implementation of approved solutions by providing guidance and support to the development team. May also participate in testing, training, and documentation activities to ensure successful implementation.


7. Documentation: Prepare the project proposals, data flow diagrams, wireframes and required documents to close the deals.


8. Domain Expertise: Preferred candidates have experience in Banking, finance and Insurance domains with deep knowledge of Loan Origination and Loan Management Systems.

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