Business Analyst
Vauch Information Technology · Mumbai · onsite · Posted 56d ago
Undisclosed3–10 yrsfulltimeSourced from
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About this role
Job Description – Business Analyst (LOS / LMS)
Position: Business Analyst – Loan Origination System (LOS) / Loan Management System (LMS)
Experience: 3–5 Years
Location: Borivali, Mumbai (Work from Office)
Employment Type: Full-time
Job Summary
We are seeking a dynamic and detail-oriented Business Analyst with 3–5 years of experience in Loan Origination Systems (LOS) and Loan Management Systems (LMS). The ideal candidate will have hands-on experience in gathering and analyzing business requirements, preparing functional specifications, and working closely with business stakeholders and technical teams to deliver high-quality lending solutions.
The candidate should possess strong domain knowledge of the end-to-end lending lifecycle, including customer onboarding, loan origination, credit assessment, underwriting, disbursement, repayment, collections, and loan servicing. Experience in Banking, NBFC, or FinTech organizations will be highly preferred.
Key Responsibilities
Engage with business stakeholders to understand, analyze, and document business requirements.
Conduct requirement gathering sessions, workshops, and stakeholder interviews.
Prepare comprehensive Business Requirement Documents (BRD), Functional Requirement Documents (FRD), User Stories, Use Cases, Process Flows, and Functional Specifications.
Analyze existing business processes, identify gaps, and recommend process improvements.
Translate business requirements into functional specifications for the development team.
Work closely with Product Owners, Developers, QA teams, and Project Managers throughout the Software Development Life Cycle (SDLC).
Support the development team by providing functional clarifications during implementation.
Coordinate and support User Acceptance Testing (UAT), validate test cases, and ensure business requirements are met.
Perform impact analysis for new enhancements, change requests, and regulatory requirements.
Assist in production issue analysis and coordinate with support teams for resolution.
Ensure successful implementation of lending solutions while maintaining quality standards.
Prepare project documentation, user manuals, and training materials where required.
Participate in Agile ceremonies such as Sprint Planning, Backlog Grooming, Daily Stand-ups, and Sprint Reviews.
Required Skills & Experience
Domain Expertise
Minimum 3 years of Business Analysis experience in Banking, NBFC, FinTech, or Lending organizations.
Hands-on experience with Loan Origination System (LOS) and/or Loan Management System (LMS) projects.
Strong understanding of the complete lending lifecycle, including:
Customer Onboarding
KYC & CKYC
Loan Application Processing
Credit Bureau Integration
Credit Assessment
Underwriting
Loan Approval
Loan Disbursement
EMI Schedule
Loan Servicing
Collections & Recovery
Loan Closure
Knowledge of retail lending products such as:
Personal Loans
Home Loans
Loan Against Property (LAP)
Business Loans
Vehicle Loans
Gold Loans (preferred)
Functional Skills
Requirement Gathering
Business Process Analysis
BRD / FRD Documentation
User Stories & Use Cases
Gap Analysis
Process Mapping
Functional Specifications
UAT Coordination
Change Request Management
Stakeholder Management
Requirement Traceability
Documentation Management
Technical Skills
Working knowledge of SQL for data validation and analysis.
Experience with Jira, Confluence, Azure DevOps, or similar project management tools.
Understanding of REST APIs, JSON, and system integrations.
Knowledge of Agile and Scrum methodologies.
Proficiency in Microsoft Excel, Word, PowerPoint, and Visio.
Preferred Experience
Experience working with one or more lending platforms such as:
Newgen LOS
Nucleus FinnOne
Finacle LOS
TCS BaNCS
Pennant Technologies
Yubi (CredAvenue)
Salesforce Financial Services Cloud
Custom-built LOS/LMS applications
Experience integrating with:
Credit Bureaus (CIBIL, Experian, Equifax, CRIF)
eKYC / CKYC services
Payment Gateways
Banking APIs
Document Management Systems
OCR solutions
Soft Skills
Excellent analytical and problem-solving skills.
Strong verbal and written communication.
Ability to manage multiple stakeholders across business and technology teams.
Strong documentation and presentation skills.
Ability to work independently as well as in a collaborative team environment.
Good organizational and time management skills.
Attention to detail and commitment to quality.
Educational Qualification
Bachelor's degree in Engineering, Computer Science, Information Technology, Commerce, Finance, or a related discipline.
MBA or equivalent postgraduate qualification is preferred.
Preferred Candidate Profile
3–5 years of Business Analysis experience with exposure to LOS/LMS implementations or enhancements.
Strong understanding of banking and lending business processes.
Experience working in Agile project environments.
Ability to independently manage requirement gathering, documentation, and stakeholder communication.
Prior experience in Banking, NBFC, or FinTech organizations is highly desirable.
Position: Business Analyst – Loan Origination System (LOS) / Loan Management System (LMS)
Experience: 3–5 Years
Location: Borivali, Mumbai (Work from Office)
Employment Type: Full-time
Job Summary
We are seeking a dynamic and detail-oriented Business Analyst with 3–5 years of experience in Loan Origination Systems (LOS) and Loan Management Systems (LMS). The ideal candidate will have hands-on experience in gathering and analyzing business requirements, preparing functional specifications, and working closely with business stakeholders and technical teams to deliver high-quality lending solutions.
The candidate should possess strong domain knowledge of the end-to-end lending lifecycle, including customer onboarding, loan origination, credit assessment, underwriting, disbursement, repayment, collections, and loan servicing. Experience in Banking, NBFC, or FinTech organizations will be highly preferred.
Key Responsibilities
Engage with business stakeholders to understand, analyze, and document business requirements.
Conduct requirement gathering sessions, workshops, and stakeholder interviews.
Prepare comprehensive Business Requirement Documents (BRD), Functional Requirement Documents (FRD), User Stories, Use Cases, Process Flows, and Functional Specifications.
Analyze existing business processes, identify gaps, and recommend process improvements.
Translate business requirements into functional specifications for the development team.
Work closely with Product Owners, Developers, QA teams, and Project Managers throughout the Software Development Life Cycle (SDLC).
Support the development team by providing functional clarifications during implementation.
Coordinate and support User Acceptance Testing (UAT), validate test cases, and ensure business requirements are met.
Perform impact analysis for new enhancements, change requests, and regulatory requirements.
Assist in production issue analysis and coordinate with support teams for resolution.
Ensure successful implementation of lending solutions while maintaining quality standards.
Prepare project documentation, user manuals, and training materials where required.
Participate in Agile ceremonies such as Sprint Planning, Backlog Grooming, Daily Stand-ups, and Sprint Reviews.
Required Skills & Experience
Domain Expertise
Minimum 3 years of Business Analysis experience in Banking, NBFC, FinTech, or Lending organizations.
Hands-on experience with Loan Origination System (LOS) and/or Loan Management System (LMS) projects.
Strong understanding of the complete lending lifecycle, including:
Customer Onboarding
KYC & CKYC
Loan Application Processing
Credit Bureau Integration
Credit Assessment
Underwriting
Loan Approval
Loan Disbursement
EMI Schedule
Loan Servicing
Collections & Recovery
Loan Closure
Knowledge of retail lending products such as:
Personal Loans
Home Loans
Loan Against Property (LAP)
Business Loans
Vehicle Loans
Gold Loans (preferred)
Functional Skills
Requirement Gathering
Business Process Analysis
BRD / FRD Documentation
User Stories & Use Cases
Gap Analysis
Process Mapping
Functional Specifications
UAT Coordination
Change Request Management
Stakeholder Management
Requirement Traceability
Documentation Management
Technical Skills
Working knowledge of SQL for data validation and analysis.
Experience with Jira, Confluence, Azure DevOps, or similar project management tools.
Understanding of REST APIs, JSON, and system integrations.
Knowledge of Agile and Scrum methodologies.
Proficiency in Microsoft Excel, Word, PowerPoint, and Visio.
Preferred Experience
Experience working with one or more lending platforms such as:
Newgen LOS
Nucleus FinnOne
Finacle LOS
TCS BaNCS
Pennant Technologies
Yubi (CredAvenue)
Salesforce Financial Services Cloud
Custom-built LOS/LMS applications
Experience integrating with:
Credit Bureaus (CIBIL, Experian, Equifax, CRIF)
eKYC / CKYC services
Payment Gateways
Banking APIs
Document Management Systems
OCR solutions
Soft Skills
Excellent analytical and problem-solving skills.
Strong verbal and written communication.
Ability to manage multiple stakeholders across business and technology teams.
Strong documentation and presentation skills.
Ability to work independently as well as in a collaborative team environment.
Good organizational and time management skills.
Attention to detail and commitment to quality.
Educational Qualification
Bachelor's degree in Engineering, Computer Science, Information Technology, Commerce, Finance, or a related discipline.
MBA or equivalent postgraduate qualification is preferred.
Preferred Candidate Profile
3–5 years of Business Analysis experience with exposure to LOS/LMS implementations or enhancements.
Strong understanding of banking and lending business processes.
Experience working in Agile project environments.
Ability to independently manage requirement gathering, documentation, and stakeholder communication.
Prior experience in Banking, NBFC, or FinTech organizations is highly desirable.
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Skills
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