Business Analyst - Lead

Job Description

Key Responsibilities:
●    Business Analysis & Requirement Management:
○    Act as a lead liaison with business stakeholders (including Risk Partners) to meticulously elicit, analyze, and document comprehensive business requirements and user stories for credit risk initiatives.
○    Collaborate with Risk Managers to define Business Requirement Documents (BRD) and functional specifications for EWS and DP, covering both quantitative (e.g., financials) and qualitative (e.g., market news) triggers.
○    Translate complex credit risk trigger logic and business rules into clear, actionable, and detailed specifications (e.g., BRDs, FRDs) for technical and development teams.
○    Collaborate to identify and define critical credit risk triggers, breaches, and monitoring parameters.
●    Credit Risk & Regulatory Expertise:
○    Actively analyze, enhance, and monitor applications designed for customer portfolio surveillance, tracking compliance, identifying potential risks, and escalating concerns to appropriate channels.
○    Monitor portfolio performance to proactively identify potential defaults and collaborate with upstream teams and operations to address or fix identified gaps.
○    Perform in-depth data analysis to identify trends in borrower behavior, cash flow, and covenant compliance.
○    Ensure all developed solutions and product features adhere strictly to Indian regulatory guidelines and audit mandates related to credit and lending.
○    Ensure all early warning systems comply with internal policies and regulatory guidelines (e.g., Basel II/III/IV, IFRS 9).
●    Product Development & Enhancement:
○    Partner with technology teams to design, test, and implement automated early warning systems, dashboards, and reporting tools.
○    Contribute to the successful development and enhancement of critical credit risk platforms from conceptualization to deployment.
●    Data Analysis & Integrity:
○    Work closely with business stakeholders to analyze data, identify gaps, define data requirements, and ensure data integrity for credit risk reporting, trigger analysis, and regulatory submissions.
○    Contribute to the development of robust reporting mechanisms and conduct thorough risk assessments to support informed decision-making and regulatory compliance.
●    Collaboration & Testing:
○    Liaise effectively between Credit Risk, Technology, Data Science, and Front Office teams to ensure seamless integration of risk monitoring tools.
○    Perform User Acceptance Testing (UAT) and post-production validation of system enhancements.
Required Skills & Experience:

Experience:
○    10+ years of proven experience as a Business Analyst within the financial services domain.
○    Demonstrable experience working on lending/credit products, specifically from a product development or enhancement perspective.
○    In-depth, hands-on experience and expertise with Early Warning Systems (EWS) and Drawing Power (DP) in a credit risk context.
○    Minimum 3-5 years of specific experience in Credit Risk Management, with a focus on portfolio monitoring, credit analysis, or risk analytics.
○    Experience working in an agile development environment.

Mandatory Competencies