Business Analyst - Financial and ECL Risk Analytics
IDFC Bank · Mumbai · onsite · Posted 1d ago
Not disclosed2–4 yrsfulltimeSourced from
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About this role
Job Requirements
About the Role
The Business Analyst plays a pivotal role in bridging business needs with data-driven solutions. Working closely with Data Analysts, Data Scientists, and vendor partners, the Analyst translates business requirements into clear technical and functional specifications. This role ensures that solutions are aligned with the broader objectives of the Data & Analytics function and the organization. The Analyst also facilitates seamless communication and understanding between business stakeholders and analytics teams to drive impactful outcomes.
Key Responsibilities
Primary Responsibilities
Education
About the Role
The Business Analyst plays a pivotal role in bridging business needs with data-driven solutions. Working closely with Data Analysts, Data Scientists, and vendor partners, the Analyst translates business requirements into clear technical and functional specifications. This role ensures that solutions are aligned with the broader objectives of the Data & Analytics function and the organization. The Analyst also facilitates seamless communication and understanding between business stakeholders and analytics teams to drive impactful outcomes.
Key Responsibilities
Primary Responsibilities
- Collaborate with data analysts, data scientists, and vendor partners to define and document business and technical requirements.
- Develop test strategies and systematic procedures to ensure solutions meet design specifications and performance benchmarks.
- Translate business needs into functional specifications, user stories, and process flows.
- Approach problems with creativity and develop innovative solutions that challenge the status quo.
- Drive continuous improvement initiatives that positively impact business performance.
- Validate reports, dashboards, and data solutions against business expectations.
- Monitor KPIs, campaign performance, and operational metrics, providing insights to stakeholders.
- Demonstrate strong ownership and follow-through in achieving goals and delivering outcomes.
- Ensure alignment of solutions with high-level business objectives and data strategy.
- Facilitate effective communication and hand-offs between business and analytics teams.
- Apply advanced analytical methods and algorithms to enable systems to learn, adapt, and deliver desired outcomes.
- Continuously challenge existing processes to drive innovation and performance improvements.
- Demonstrate ownership and commitment to completing tasks and achieving objectives.
- Maintain a strong understanding of data structures and fields essential for analysis.
- Exhibit awareness of how individual contributions align with the organization's broader vision.
Education
- Bachelor's or Master's degree in business administration, Data Science, Computer Science, Information Systems, or a related field.
- 2+ Years of Proven experience in business analysis within a data and analytics environment.
- Exposure to working with cross-functional teams including data scientists, analysts, and external vendors.
- Experience in developing test strategies and validating data-driven solutions.
- Strong analytical and problem-solving skills.
- Proficiency in using analytical tools and techniques.
- Ability to think innovatively and challenge the status quo.
- Excellent communication and stakeholder management skills.
- High level of accountability and drive to follow through on commitments.
- Understanding of data architecture and strategy.
- Ability to align personal work with organizational goals and vision.
Sourced from foundit
Skills
data architectureBusiness AnalysisTest StrategiesData-Driven SolutionsAnalytical tools and techniques
About IDFC FIRST Bank
IDFC Bank
Banking
43.1k+
employees
2018
8 years old
Mumbai, Maharashtra
India
About
IDFC FIRST Bank is one of India’s fastest-growing new-age private sector banks.
Industries
BankingFinancial Services
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