Senior Business Analyst_Finacle Job Description Template
The Senior Business Analyst_Finacle will focus on understanding and improving banking operations, leveraging Finacle banking solutions. This role involves working closely with stakeholders to identify business requirements, translating them into technical specifications, and ensuring the successful implementation of solutions.
Responsibilities
- Analyze and document business processes and requirements using Finacle banking solutions.
- Collaborate with stakeholders to understand business needs and provide effective solutions.
- Work with development teams to design and implement system enhancements.
- Conduct system testing and user acceptance testing to ensure quality deliverables.
- Provide ongoing support and training to end-users on Finacle functionalities.
- Monitor and report on project progress, timelines, and deliverables.
- Identify opportunities for process improvements and operational efficiencies.
Qualifications
- Bachelor's degree in Information Technology, Computer Science, Business Administration, or related field.
- 5+ years of experience as a Business Analyst in the banking sector, preferably with Finacle experience.
- Strong understanding of banking processes and financial systems.
- Proven experience in project management and stakeholder engagement.
- Excellent analytical, problem-solving, and communication skills.
- Ability to work independently and in a team-oriented environment.
Skills
- Finacle
- Business Analysis
- Requirement Gathering
- Project Management
- System Testing
- User Acceptance Testing (UAT)
- Process Improvement
- Stakeholder Management
- Data Analysis
- SQL
Frequently Asked Questions
A Senior Business Analyst specializing in Finacle primarily works on understanding and analyzing banking business processes to enhance the Finacle core banking system. They collaborate with stakeholders, gather requirements, and ensure alignment between business needs and technology solutions. They are responsible for implementing Finacle modules, customizing them to meet organizational goals, and often lead teams to ensure successful execution of projects.
To become a Senior Business Analyst focused on Finacle, candidates should have a bachelor's degree in finance, computer science, or a related field, along with substantial experience in the banking industry. Expertise in Finacle software is crucial, and gaining certifications related to business analysis and Finacle can be advantageous. Practical experience, strong analytical skills, and proficiency in project management are also essential.
The average salary for a Senior Business Analyst with expertise in Finacle varies based on location, experience, and the employing organization. Typically, professionals in this role can expect competitive remuneration packages that often include bonuses and benefits. Factors such as industry demand, size of the financial institution, and the analyst's skill level play significant roles in determining compensation.
A Senior Business Analyst in the Finacle domain should possess a degree in finance, business administration, or IT. Advanced knowledge of Finacle software is essential, along with certifications in business analysis or project management methodologies. Experience in banking systems, project coordination, and stakeholder management is highly valued in this role.
A Senior Business Analyst with a focus on Finacle should have strong analytical, problem-solving, and communication skills. Key responsibilities include requirement gathering, process mapping, and identifying solutions to optimize Finacle implementations. They must also understand banking operations and regulatory requirements. Additionally, leadership abilities are crucial for mentoring junior analysts and managing projects effectively.