- We are seeking a skilled Business Analyst with
- hands-on experience in Newgen platforms to support operational
- transformation initiatives within the banking sector. The role focuses on
- workflow automation, process optimization, document management, and low-code
- application development. The ideal candidate will bring strong domain knowledge
- in Banking and Financial Services, along with proven experience in requirements
- gathering, business process analysis, and solution delivery using Newgen BPM
- platforms such as iBPS, OmniDocs, BAM, O2MS, or similar modules.
- This role requires close collaboration with business
- stakeholders, product owners, solution architects, and development teams to
- deliver automation and operational efficiency across key banking areas,
- including Trade Finance, Credit Approval and Lending, Loan Origination,
- Customer Onboarding, and Account Opening and Maintenance.
Key Responsibilities
Work
- closely with business stakeholders, SMEs, and technical teams to gather,
- analyze, and document functional and non-functional requirements for
- Newgen-based solutions.
Analyze
- existing business processes and workflows to identify gaps and
- inefficiencies, and recommend optimized process designs to improve
- operational efficiency and productivity.
Facilitate
- workshops, brainstorming, and requirement-gathering sessions to map key
- banking processes including Trade Finance, Lending, Corporate Banking,
- Customer Onboarding, and Account Maintenance.
Translate
- business needs into clear functional specifications, user stories, process
- flows, and use cases; develop and maintain documentation such as BRD, FRS,
- gap analysis, and impact assessments.
Define
- and document integration requirements between Newgen platforms and
- internal/external systems, including core banking systems, middleware,
- customer-facing channels, and third-party or regulatory systems.
Assess
- and support management of operational and financial risks, ensuring
- solutions comply with bank policies, standard operating procedures, and
- regulatory requirements.
Collaborate
with Newgen implementation teams to design and configure workflows, forms,
business rules, and system integrations.
Support
User Acceptance Testing (UAT), ensuring solutions meet business
expectations and regulatory standards.
Support
deployment, go-live, and post-implementation phases to ensure smooth
transition and user adoption.
Act
as a subject matter expert in BPM, workflow automation, and banking
operations.
Serve
as the primary liaison between business users and technical teams to
ensure clear communication and timely delivery.
Requirements
Required Skills & Qualifications
Bachelor’s
or Master’s degree in Computer Science, Information Systems, or a related
discipline.
8+
- years of experience as a Business Analyst, including 5+ years of hands-on
- experience delivering Newgen platform implementations (iBPS, OmniDocs,
- BAM, O2MS, or similar).
Strong
domain expertise in Banking and Financial Services, with experience across
Lending, Trade Finance, Payments, and Customer Onboarding.
Demonstrated
experience in requirements elicitation, process re-engineering, workflow
design, and functional documentation.
Hands-on
exposure to BPM platforms, system integrations, and digital process
automation initiatives.
Working
knowledge of project management methodologies and tools such as JIRA or
equivalent.
Excellent
communication, analytical, and stakeholder management skills.
Fluent
in English.
Preferred Skills
Experience
in digital transformation and automation initiatives in Banking and
Financial Services (BFSI).
Certifications
such as CBAP or Agile certifications are a plus.
Job description provided by Raqmiyat.
View the original posting