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Open nowPosted 56 days ago

Business Analyst — Avaloq Banking Transformation

Synpulse105 open roles

Where
Pune, India
Work mode
Hybrid
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Your applicationOpen nowBusiness Analyst — Avaloq Banking TransformationSynpulse · Pune, India
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The clock on this job

Early applications get read.

12.3% of postings close within 7 days. Measured by our own scanner across the market. Synpulse postings stay open a median of 1 days.

Share of postings closed within
  1. 2.1%1 day
  2. 4.5%3 days
  3. 12.3%7 days
  4. 19.3%14 days
  5. 35.6%30 days
  6. 57.8%60 days
This job: posted 56 days ago

Synpulse median: 1 days open

The posting

Job description

About the Role: As Business Analyst you are the bridge between business stakeholders and Avaloq delivery squads: you elicit and challenge requirements, shape them into Avaloq-executable functional designs, and stay accountable for them through build, SIT, UAT and go-live. This is a hands-on delivery role on large, multi-workstream Avaloq programmes. You will own the requirement thread end to end — from a business pain point in the front office to a signed-off UAT result in production. Required Skills & Qualifications:

  • Bachelor's degree in Business, Information Technology, Computer Science, Finance, Engineering or a related discipline.
  • 5–10 years of Business Analysis experience, of which at least 3 years in banking or financial services.
  • Avaloq: Hands-on delivery experience on the Avaloq Banking Suite — a firm requirement for this role. You must be able to discuss Avaloq business objects, parameters and functional design decisions unaided.
  • Demonstrated delivery on at least one large-scale core banking transformation programme, end to end.
  • Greenfield: Proven exposure to a greenfield implementation, with end-to-end command of your workstream from initial design through to go-live.
  • Cross-workstream: Track record of coordinating across parallel workstreams — engaging other workstream owners to surface cross-impacts, agree interface and data dependencies, and keep design decisions aligned programme-wide.
  • Proven authorship of BRDs, FSDs, user stories, process maps and traceability matrices.
  • Experience in both Agile and Waterfall delivery environments.
  • Excellent written and verbal English, with the ability to write specifications that a developer can build from without further explanation.

TOOLS & TECHNICAL SKILLS Avaloq Banking Suite (functional) · Requirements management · BPMN / Visio process modelling · JIRA & Azure DevOps · Confluence · SQL (preferred) · Advanced Excel (pivots, lookups, reconciliation) · Functional testing, SIT & UAT management · Business process re-engineering Key Responsibilities: 1. Requirements Engineering & Documentation

  • Elicit requirements through workshops, stakeholder interviews and process observation across front, middle and back office.
  • Translate business needs into Business Requirement Documents (BRDs), Functional Specification Documents (FSDs), user stories and acceptance criteria.
  • Author Avaloq-specific functional designs covering impacted business objects, parameters, interfaces, reports and batch processing.
  • Own and maintain the Requirements Traceability Matrix (RTM) from business need through to test evidence.
  • Lead a functional workstream end to end with the client and understand business scope, requirements in full detail and granularity to shape the BRD for development.

2. Process Analysis & Avaloq Solution Design

  • Map "As-Is" processes, define the "To-Be" target state, and perform gap and impact analysis against standard Avaloq functionality.
  • Distinguish standard Avaloq capability from customisation, and justify every deviation on cost, risk and upgrade impact.
  • Work with Solution Architects, Product Owners and Avaloq technical consultants to select the optimal design option.
  • Identify automation and simplification candidates in manual operations, and quantify the effort/benefit case for each.

3. Stakeholder Engagement & Governance

  • Act as the primary functional liaison between business users, operations, risk, compliance and the delivery squads.
  • Constructively challenge senior stakeholders where requirements conflict, and drive them to a single agreed position.
  • Secure formal sign-off on requirements and designs, and manage scope change through the agreed governance process.
  • Report progress, risks, issues and dependencies clearly to programme management.

4. Agile Delivery & Backlog Management

  • Build, refine and prioritise the backlog in JIRA or Azure DevOps alongside the Product Owner.
  • Write INVEST-compliant user stories with testable acceptance criteria.
  • Participate in sprint planning, stand-ups, reviews and retrospectives; resolve requirement clarifications within the sprint.

5. Delivery Assurance, Data Validation & Go-Live

  • Design and review test scenarios and test cases; drive SIT, UAT and business validation to completion.
  • Coordinate UAT execution with business users and lead defect triage, prioritisation and retesting.
  • Support data migration and reconciliation: field mapping, data quality analysis, remediation rules and pre/post-migration validation.
  • Support regulatory, MIS and reporting workstreams where in scope.
  • Prepare training material and business readiness artefacts; support cutover, hypercare and post-go-live stabilisation.

Job benefits

Insurance Career Development Flexible Work hours Learning Opportunities Inclusive and collaborative work culture

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